Saturday, June 22, 2013

JBG Wants to Sell LOUIS and PUD Projects

The word on the street is that JBG has put the LOUIS and their 13th and U Planned Unit Development (PUD) on the market FOR SALE.  Various real estate blogs have posted stories about this news.  A number of us spent several years reviewing, approving and monitoring the LOUIS project with assurances that JBG staff were going to remain as managers of the leased building.  Now we don't know who will be accountable to our community.  Neighbors are concerned about noise emanating from the proposed rooftop activities, like showing movies, and providing an outdoor bar and lounge area.

The PUD project located at the corner of 13th and U was recently approved by the Zoning Commission giving JBG the variances they were seeking and new zoning to allow the construction of an eight story apartment building in our historic district.  Stay tuned while we try to get more information about the sale.

And lest we forget, JBG sold the District Apartments at the corner of 14th and S after telling the community and the ANC that they had to change their plans from building condos to apartments because the numbers didn't support condos.  Bozzuto is leasing and managing the apartments.

So was it their plan all along to simply serve as the developer, despite representations to all of us that they were here for the "long haul" and cared about our neighborhood?  One wonders!