Stanton Eastbanc Launch Leasing Efforts for Hine Project Retail/Office Space – Latest Renderings

View of Hine Project Looking Northwest .  Image from At Eastern Market website - see link below

View of Hine Project Looking Northwest . Image from At Eastern Market website – see link below

View of the 7th Street side of the Hine Project,  looking Northeast.  Image from At The Market website, see link below.

View of the 7th Street side of the Hine Project, looking Northeast. Image from At The Market website – see link below.

View of the Affordable Housing Component (North Building) of the Hine Project, with First Floor Retail.  Image from At The Market  website - see link below.

View of the Affordable Housing Component (North Building) of the Hine Project, with First Floor Retail, from the corner of 8th and the newly reopened C Street, looking Northwest. Image from At The Market website – see link below.

Image of the First Floor Retail Space Plan for the North and South Building.  Image from At The Market website - see link below.

Image of the First Floor Retail Space Plan for the North and South Building. Image from At The Market website – see link below.

Stanton Eastbanc Launch Leasing Efforts for Hine Project Retail/Office Space – Latest Renderings

Project Has Changed Since Zoning

By Larry Janezich

Stanton-EastBanc has launched the marketing of the retail and office space in the Hine project scheduled to open in the fall of 2017.  There are 14 retail spaces available – ten in the main South building ranging from 3800 s.f. to 1700 s.f., and four in the North Building, ranging from 1500 s.f. to 800 s.f.

These do not include the Trader Joe’s already scheduled for the below grade corner of the project at 7th and Pennsylvania Avenue, nor the infant day care facility scheduled for the first floor corner of 8th and Pennsylvania Avenue.  Sources tell CHC that SEB is negotiating with a major national retail outlet to anchor the first floor retail space at 7th and Pennsylvania.

No word yet on marketing of the residential space, but indications are the units will be apartments rather than condos as originally planned.

The office space is being branded as “700 Penn” – http://700penn.com/; the retail space is piggybacking on the Eastern Market brand with “At Eastern Market” –  http://ateasternmarket.com/

The project has changed modestly since it went before the Zoning Commission for final approval.

46,699 s.f. of retail has been increased to 60,000 s.f.

163,392 s.t. of office space has been reduced to 150,000 s.f.

158 residential units have been increase to 162

260 parking spaces have been increased to 320

The At Eastern Market website claims some interesting facts regarding the neighborhood – though not specifically stated – perhaps defined by the census tract – see below.

stats

The two marketing websites list an Eastbanc telephone number as the contact for questions, though the At Eastern Market website says Stanton-Eastbanc is handling development and retail.  A third entity – Jones Lang Lasalle (JLL) is listed as a team member on the 700 Penn website office leasing website and appears to be a property management company.

 

11 Comments

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11 responses to “Stanton Eastbanc Launch Leasing Efforts for Hine Project Retail/Office Space – Latest Renderings

  1. Christine

    JLL is indeed a property manager

  2. WENDY BLAIR

    Is the office section at the corner of 7th and Penn SE really going to be red? In addition, I’ve been comparing the benign drawings of the Hine development submitted to citizens for the HPRB, ZC, CHRS — and shown for years on the StantonEastbanc website — and approved. They look so low-rise. It was a fantasy. Now the real gi-normous monstrosity looms in front of my door, blocking all light and creating a canyon of reverberation for traffic noise.

    • HM

      The nice thing is, if you find it so awful you can sell at a hefty profit this time next year, since you’ll live across from a beautiful new multi-use building rather than an abandoned building filled with rats!

    • Tom

      The benign drawings that I remember usually were from an angle from above, making the structures look smaller. One had two “suns” in the rendering, one on the left, the other on the right, so that there wasn’t a shadow on either 7th or 8th Sts. I’m not complaining, this is just standard marketing when you are trying to get approval for a massive structure. Now that the buildings are nearing reality, and everyone can see the actual scale, the developers now want to market the structure as substantial, it will help them get the tenants they want. SOP.

  3. Longtime resident

    The development looks great to me so far. Nothing is perfect. Plus this is a city so we should expect change. Bring on the Trader Joe’s! I live three blocks away and this will be a real game-changer. No more car trips to Old Town for Two Buck Chuck!

  4. 9th St Mom

    As a neighbor who lives a block away, I’m really pleased with the progress, the renderings and can’t wait for Trader Joes (although we will miss our weekend trips to Old Town and the great TJ’s staff there)! The decrepit, decaying school that became a public toilet and rat mecca was a monstrosity. Dense urban development around a metro is what DC needs. The Eastern Market neighborhood is a great place to live and this development will make it even better.

  5. 11th street Dad

    I second everything 9th street Mom said….unless parking in front of my house becomes impossible.

  6. Tom Finster

    Bring on the density! And good riddance to Hine! (Though I would love to have a high-quality public school right in the heart of the Hill and am sorry that some K-12 school did not pick up the IGU building.)

    Now, on another water–under-the-bridge topic…Another generic building of blah from an architect whose success and accolades remain one of the Hill’s most enduring mysteries.

  7. Capitol Hill OLDTIMER

    With all this development near Eastern Market, I am struck by how utterly overwhelmed the Eastern Market Metro station is going to be with the influx of residents and visitors here and beyond to the Safeway at D. Two few turnstiles and we already have backups to get in and out at times during rushhour. That station was not built with density in mind. Does anyone but me every worry about that (in addition to the utterly suburban design of this entire development, which is a whole other topic).

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