Update on 924 5th Street
At this month’s ANC6C Planning Zoning & the Environment Committee meeting the owner of 924 5th Street NW outlined his renovation concept. The building is considered a contributing structure to the Mount Vernon Triangle Historic District and changes to the exterior are subjected to the Historic Preservation Review Board (HPRB) for approval.
The owner, who is a SVP at a commercial real estate firm, bought this property at auction in late 2009 and is managing this renovation as his own project under the title of 5K LLC. The renovation is being done on spec to improve a structure that has been vacant for over a decade and is in a decrepit state. The plan calls for demolishing a one story rear wing and erecting a four-story rear addition to the three-story building. The final product will be a 4 story building in which the top floor is setback and not visible from the street.
The improvements to the building are aimed at attracting both retail and office tenants. A few possible configurations are in play in which either the ground floor or the two lower floors could be leased to retail tenants. Depending on the retail outcome either 2 or 3 of the upper floors would be leased as office space. The owner suggested we may one day see a two story restaurant in the building or possibly one retailer on the ground floor and a different retailer on the 2nd floor as this blog suggested in the past. The structure will have roughly 1750 SF per floor with the top floor having less due to the required setback for the addition.
Attendees at the meeting mentioned the thread we had with 55 comments back in late 2009 proposing possible retail options for the site. Pet store and Nail salon continued to be a strong theme. 555 Mass alone is estimated to have around ~100 pet owners. Let’s reignite the brainstorming on retail wishes for the building. Italian restaurant spanning two floors? Pet Store on the ground floor and nail salon on the second floor? What are your ideas?
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