Aria Development Seeks To Demolish NoMa Exxon Where It Plans Mixed-Use Project

Exxon Florida Ave NoMa
The Exxon On The Corner Of Florida Avenue And North Capitol Street In Noma

The mixed-use development planned for a prime corner in NoMa appears to be moving forward.

An affiliate of Aria Development Group applied last week for a permit to raze the gas station and convenience store at the corner of Florida Avenue NE and North Capitol Street, Office of Planning records show.

The raze permit application comes after Aria acquired the Exxon gas station property on the Florida Avenue-North Capitol Street corner in September 2018 for $25.5M. The developer in 2016 bought several adjacent properties on P Street.

The developer in August 2018 obtained a $25M loan from EagleBank for the property, and in July the bank extended another $910K, according to documents filed in the D.C. Recorder of Deeds. EagleBank's Tony Marquez said the loan was for acquisition and pre-development services, such as design and permitting, but not a construction loan, and he does not know the project's timeline. Aria didn't respond to a request for comment.

Aria said in 2018 it was planning a "prominent mixed-use building" on the site, but it has not released further details. The site's zoning allows for high-density mixed-use developments up to 130 feet tall, the same as most of the NoMa neighborhood. The property sits less than a half-mile from the NoMa Metro station.

"It’s a tremendous location,” Aria founding partner Joshua Benaim said in a 2018 statement. “It sits between the beloved neighborhoods of Bloomingdale and Shaw, Union Market with its new Trader Joe’s, and the office and transportation hub of NoMa. We are excited to help weave back together the fabric of this neighborhood.”

Aria last year delivered a 156-unit apartment building on the 14th Street Corridor, branded as The Clifton. The developer also has projects in Foggy Bottom, Hyattsville and Columbia Heights.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

270-Unit Manassas Gated Community Sells: The D.C. Deal Sheet

King Of Prussia Pursues Stadium To Anchor $200M Mixed-Use Complex

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

Montgomery County Approves 18-Month Data Center Moratorium

With New $250M Deal, Elme Is Fully Set To Liquidate

Simpson Thacher Appears In Talks For What Could Be One Of D.C.'s Largest Office Leases In 2026

Hines Nabs 4 Prince William Housing Sites: The D.C. Deal Sheet

1200 White St., Atlanta's Newest Creative Hub, Is Transforming The West End

AvalonBay Sells 217-Unit Community Next To Greensboro Metro

GSA Head Says Federal Government Has 'Place To Play' In Southwest D.C. Redevelopment

Downtown D.C. Office In Receivership Hits Market For Conversion