Major H Street Developer Has Buchanan School near SE Safeway Under Contract
Residences Planned for Site – Community Meeting Tuesday Night
by Larry Janezich
(Update: Go here http://bit.ly/1Od5GSN to see Insight’s plan for developing site.)
Insight Property Group has the Buchanan School at 13th and D Streets, SE, under contract and hopes to preserve and enhance the historic structures which date to 1895 and raze the newer additions to make way for a series of new townhouses fronting D and 13th Streets, SE. The historic building on the 92,899 square foot site – which lies just outside the Capitol Hill Historic District – would be converted to residential units.
According to a company spokesperson, no mixed use is anticipated for the project at this time. The plan would provide for redevelopment of part of the site by right – building within the R-4 residential zoning regulations. The company would seek zoning relief for part of the project to permit frontage of townhomes on D and 13th Streets.
Although the company has not yet purchased the property, if the deal does go though, the company hopes to start construction in the first quarter of next year, and complete the project in two years.
Insight Property Group is the developer behind the Apollo H Street project at 600 H Street, NE, a mixed use project with 432 rental apartments and retail that will feature the H Street Whole Foods. Work began on the project in September, 2014.
No word yet where the Peter Bug ‘s Shoe Repair Academy which occupies the site’s corner at 13th and E fits into the plan.
Buchanan School was purchased for some $1.5 million in 1998 by Walter Boek, who established the International Graduate University (IGU) there – an institution which never became fully functional. Boek battled the DC government for years over the non-profit status he claimed for IGU which was at odds with what the city thought he owed in taxes. After Boek died in 2012, the property has been under control of the IGU Board of Directors.
Insight Property Group will host a community meeting to talk with nearby residents and other interested parties about their ideas for redevelopment of the site. The meeting will be Tuesday, April 21, at 7:00pm, at Hill Center.