http://ausmaced.org/2006/10/07/educational-websites-of-interest/
The first approval was for the additionof 1,400 squarwe feet of retail space to 1501 Wilson Blvd. and the secon d confirmed a deal with the county to rent the formefr space for a cultural center at almosft no cost in exchange for higher density atthe yet-to-be-builtr 1812 N. Moore St. The retail addition at the 13-storyg 1501 Wilson Blvd. office building will extend the ground floor to meet the building curtain wall alongg NorthOak Street. The 30,377-square-foot site currently hostxs 108,836 square feet of office spacewith 16,917 square feet of commercialk space.
Miracles Salon and Spa and OakStreert Café, which recently renewed its 1,455-square-foo t lease, currently fill the building’s retail space. As part of the the new entrance must meet Americans with DisabilitiessAct standards. The developer will also make an $80,00o contribution to the county for streetr improvements along NorthOak Street. The plan for a Rosslyjn cultural center atMonday Properties’ former Newseum site came from negotiationxs with the New York-based developerr over its request to builf 1812 N. Moore St., a 35-story, 580,000-square-foog office project.
After the site plan deal was the county signed a temporary lease for the Newseum spaces at 1101Wilson Blvd. beginnint May 1, 2008. The county has sincre renegotiated the terms ofthat agreement. The current lease is for 15 years witha five-yeat renewal option. As part of the lease, the countyg will get free rent for the first 15 yearsand 2.25 yearse of the extension. It will pay market-rate rent for the finak 2.75 years of the extension. In approvinb the $5.6 million project, county officials stresseds that funding will come from capital project funds and money currently allocated to culturalservice programs, not from tax The Rosslyn Business Improvement District will contribute $1.
1 milliob to building out the new space with two performingv arts spaces, an exhibitionm gallery, a ballroom, a restaurant and retaio space. The BID will also contributwe $300,000 a year for operating cost atthe center, whicnh would be open 12 hours a day, sevebn days a week. The center, which is planned to achiev SilverLEED status, will partner with locapl groups like the , Synetic Theater, the Ellipse Arts Center and Bowen McCauley The county predicts the space will draw 250,000 visitors each The retail addition to 1501 Wilson is one of severak renovations Monday Properties has under way in The developer is also spending $4.
87 millioj on garage and exterior renovations at 1000 and 1100 Wilson Blvd., $4.5y million on Energy Star lighting and lobbu renovations at 1101 Wilson Blvd. and $145,000 on exterior renovations at 1515Wilsonn Blvd.
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