In May 2016, Curbed DC reported that there were plans for a mixed-use building in NoMa that would house residential and hotel space. Washington Business Journal now reports that the developers are ready to break ground on the project, thanks to completed land deals.
Developer Edens sold the site at the corner of Fifth Street NE and Florida Avenue NE to Paris-based Mob Hotel DC LLC for $5.5 million and sold two neighboring parcels to an affiliate of Ranger Properties for $8 million.
According to Washington Business Journal, the new Mob Hotel in D.C. will span 11 stories with 155 guestrooms. Mob Hotel currently has two locations, one in Paris, France, and one in Lyon, France.
Ranger Properties’ residential section of the project will house 110 apartments (14 affordable) and 2,200 square feet of retail. When Curbed DC reported on the project in 2016, the amenities expected to be included were a fitness center, billiard room, "work-lounge," and free Wi-Fi in all public areas. There will also be an oversized bicycle storage room and a landscaped garden.
There are also plans for the developers to contribute $80,000 for a Capital Bikeshare station with a one-year Capital Bikeshare or car-sharing membership offered to every tenant and hotel employee.
Construction is expected to begin by the first quarter of 2018.
• Union Market’s Mob Hotel project moves forward as land trades hands [Washington Business Journal]
• 274-Unit Mixed-Use Project Planned for NoMa [Curbed DC]