What's Hot: Barnes and Noble Returns To Georgetown Next Week | How An Unmarried Couple Buys A Home Together
A Glimpse of the 350-Unit Proposal at the Takoma Metro Station
✉️ Want to forward this article? Click here.
Two months ago, the public got wind of a new proposal to redevelop part of the Takoma Metro station. Now, we are getting an idea of what that proposal will look like.
On Monday evening, developer EYA shared its latest plans for the 6.7-acre site at Eastern Avenue and Cedar Street NW (map) at the ANC 4B meeting, which included an idea of the design concept. The proposed development would deliver 350-380 studio to three-bedroom units and 10,000-20,000 square feet of retail.
story continues below
loading...story continues above
Roughly 50-80 units would be affordable to households earning up to 60% of area median income (AMI); the developer is also pursuing a recently-implemented tax abatement to more than double the number of affordable units, for households earning up to 30%, 60%, and 75-90% of AMI.
There would be 184 residential and retail parking spaces and a pick-up/drop-off/loading turnaround area under the building off Cedar Street. The site will also be reconfigured, which will eliminate WMATA's existing short-term parking and convert the Kiss & Ride drop-off to a driveway loop. Two acres of open space will be split across a passive park along Eastern Avenue and an activated retail plaza with terraced steps at the Metro entrance along Carroll Street.
The developer plans to file a planned unit development application in June; WMATA is expected to review the proposal in September.
Note: All renderings are preliminary, do not reflect proposed landscaping/open space, and may not reflect materials and final design details.
See other articles related to: anc 4b, eya, planned unit development, takoma, takoma metro, transit-oriented development
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/a-glimpse-of-the-350-unit-proposed-at-takoma-metro-station/19571.
Most Popular... This Week • Last 30 Days • Ever
Estate taxes, also known as inheritance taxes or death duties, are taxes imposed on t... read »
In this article, UrbanTurf will explore the considerations and steps involved in buyi... read »
The most expensive home to sell in the DC region in years closed on Halloween for an ... read »
Paradigm Development Company has plans in the works to build a 12-story, 110-unit con... read »
Washingtonian is reporting that the national bookstore chain will open its doors the ... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro