Construction Today - July 2016 - 69

Director Ben Bulloch says the company's approach to architecture is
the result of the pedigree of its co-founders and their experience in
the homebuilding industry. "It really starts with Michael and Harris
Schwalb and their dedication to architecture and their dedication to
neighborhoods," Bulloch says.
When it comes to making decisions, Kaplan says Streetscape
Partners has a distinct advantage over competitors because of its relatively flat organizational structure. Although the Washington, D.C.,
market is host to every one of the nation's top-10 builders, Streetscape
Partners is able to keep up because it can jump on opportunities
faster than most. "We're very nimble because we're a small group and
decisions don't have to go through some corporate horde," Kaplan
says. "If we really like something, we can move quickly."

Streetscape Partners has accomplished a lot in a relatively short
time, and Kaplan says that as long as the company continues to
create win-win situations with property owners and focus on
quality, it looks forward to accomplishing much more. "We keep
evolving," he says.

Urban Renewal
Increasingly, the opportunities Streetscape Partners has identified
and jumped on have been more urban-centric, and so the company
recently founded Fivesquares Development as a spin-off company
focused on urban and transit-oriented development projects in
Washington, D.C. One of the first projects to be delivered under the
Fivesquares Development name is 10Eleven, a 71-unit condominium project that includes a rooftop terrace and 4,200 square feet of
retail space on the ground floor.
According to Kaplan, the company identified the site for 10Eleven after spending years researching the local market, finding an
opportunity in a neighborhood that was in the midst of a transition
into a hip and exciting destination. The project is expected to be
fully delivered later this year, and Kaplan says the response so far
has been extremely encouraging for Fivesquares Development and
Streetscape Partners. "It's really resonated with potential purchasers,
and we're about two-thirds sold out," he says. "That's in advance of
opening by about four months, so we've had a fantastic reception in
the market."

Partners has built a
ยป Streetscape
strong reputation for high-quality
projects in the D.C. area.

Still Evolving
Streetscape Partners already has built a strong reputation for
high-quality projects throughout the area, and the company
continues to look for opportunities to enhance that reputation. For
example, Fivesquares Development is continuing the company's
winning streak in urban environments with its forthcoming fiveacre transit-oriented community at the Grosvenor Metro Station in
Bethesda, Maryland.
The company also has high expectations for its King Farm development, which will convert existing office buildings into 129 luxury
brownstones to complement the existing King Farm community. Michael Harris Homes had previously built in King Farm which is one
of the original transit-oriented developments in the Washington,
D.C., area, and features a town center with shopping, community
swimming pools and a mix of condominiums, apartments, townhomes and single-family homes. Director of Construction and Land
Development Sylke Knupple says the first phase of 53 brownstones
is nearing completion of the model home construction, and the
company is pleased with the presale activity it has seen already.

69

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Contents
Construction Today - July 2016 - Cover1
Construction Today - July 2016 - Cover2
Construction Today - July 2016 - 1
Construction Today - July 2016 - Contents
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