The company selected for the Takoma Junction development has purchased a Takoma property with the intent of creating a mixed-use development, according to an announcement from the Old Takoma Business Association.
The Neighborhood Development Company bought 218 Cedar Street N.W., which currently includes a 7-11 convenience store. The property is next to the Takoma Metro Station.
According to the announcement, NDC plans “to develop the site into a mixed-use community providing approximately 30+ condominiums as well as approximately 10,000+SQFT of retail space.”
NDC will be working with Square 134 Architects on the project.
After a period of sometimes-contentious negotiations, NDC and the Takoma Park Silver Spring Co-op reached an agreement last October on the redevelopment of the Carroll Avenue public parking lot that is next to the co-op.
According to the city’s website as of Feb. 19, “NDC has submitted a corrected letter to the City Council providing updated information on the status of their project. Because efforts to obtain transferrable development rights (TDRs) to allow for the originally proposed size of the building did not materialize, NDC is now proposing a building with a smaller footprint. This smaller plan maintains the important front building line but removes square footage from the rear of the building.
“At this time, the combined preliminary plan/site plan is being reviewed by the staff of the member agencies and departments of the Development Review Committee (DRC). The DRC is scheduled to discuss the plan at its March 19th meeting.”
Screenshot of 281 Cedar St. N.W. from Google Streetview, Sept. 2017.