Hatfield Community Presentation Jan 2017€¦ · Bayard School Redevelopment Unit Mix and...

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Bayard School (c. 1874) Redevelopment www.Qdevelopment.com

Transcript of Hatfield Community Presentation Jan 2017€¦ · Bayard School Redevelopment Unit Mix and...

Page 1: Hatfield Community Presentation Jan 2017€¦ · Bayard School Redevelopment Unit Mix and Anticipated Rents 11 apartments (rental) ... Microsoft PowerPoint - Hatfield Community Presentation

Bayard School (c. 1874)

Redevelopment

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Bayard School Redevelopment

9th Ward Block Watch

Lawrenceville Corporation

Lawrenceville United

January 17, 2017

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Bayard School Redevelopment

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Bayard School Redevelopment

Bayard School Redevelopment

• Address: 4830 Hatfield Street

• Lot: 80-F-160

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Bayard School Redevelopment

Development Team

Developer

Architect

General Contractor

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Bayard School Redevelopment

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Bayard School Redevelopment

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Bayard School Redevelopment

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Bayard School Redevelopment

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Bayard School Redevelopment

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Bayard School Redevelopment

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Bayard School Redevelopment

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Bayard School Redevelopment

Historic Context

1874: Built as Washington Public School aka 17th Ward Public School

1986: National Register of Historic Places

2016: Local Historic Designation Nomination (pending)

2017: Redevelopment to Secretary of Interior Standards for Historic Tax Credits

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Bayard School Redevelopment

Unit Mix and Anticipated Rents11 apartments (rental)

• Two Studios: (~$900-$950/month)

• Eight 1 Bedrooms: (~$1,000-$1,100/month)

• One 2 Bedroom: (~$1,450-$1,550/month)

“moderately priced market rents”

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Bayard School Redevelopment

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Bayard School Redevelopment

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First Floor Plan

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Bayard School Redevelopment

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Second Floor Plan

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Bayard School Redevelopment

Interior Renderings

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Bayard School Redevelopment

Indoor Bike Parking

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Bayard School Redevelopment

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Bayard School Redevelopment

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Bayard School Redevelopment

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Bayard School Redevelopment

Timeline & Investment

• Acquired: November, 2016

• Early Construction: March/April, 2017

• Full Construction: July, 2017

• Available for Rent: December, 2017

• Total Investment: $3.5 million

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Bayard School Redevelopment

Current Zoning

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Bayard School Redevelopment

Comparison

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Proposed Zoned

11 Apartments 8 New Homes

9600 sq ft 21,000 sq ft

No New Curb Cuts 4 New Curb Cuts

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Bayard School Redevelopment

Bike Parking Discount

• 11 units (baseline: 11 spaces)

• Bike Parking Reduction

• 30% reduction for onsite bike parking

• 8 required with bike parking

• 9 provided

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Bayard School Redevelopment

Zoning Variances Requested

• Multi Family Use• Off Street Loading Waiver• Accessory Trash Structure Side Setback

Waiver• Parking Lot Screening Waiver

Zoning Board of Appeals Hearing: 2.9.17www.Qdevelopment.com

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Bayard School Redevelopment

Questions?

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Bayard School Redevelopment

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Bayard School Redevelopment

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Parking Screening