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Wednesday, August 30, 2006

Assent sought for BID in D.C.

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A group of developers and commercial tenants is nearly ready to seek D.C. Council approval to turn the area north of Massachusetts Avenue Northeast, or NoMa, into a business improvement district.

If the D.C. Council agrees, it would give the business improvement district, or BID, authority to levy a tax on building owners that would pay for extra cleaning, security and neighborhood improvements within the area bounded by Massachusetts Avenue to the south, Union Station to the east, North Capitol Street to the west and New York Avenue to the north.

The amount of the tax has not been determined.

"We expect to get that BID formalized by the end of the year," said Bruce Baschuk, president of J Street Development, a developer of NoMa properties.

Mr. Baschuk also is chairman of a steering committee that is organizing the BID. The committee includes representatives of Chevy Chase developer JBG Cos., Bethesda developer Stonebridge Associates, health care company Kaiser Permanente and Morgan Stanley's real estate investment division.

The committee is drawing inspiration from the Mount Vernon Triangle, a BID adjacent to NoMa.

Mr. Baschuk credits the Mount Vernon Triangle BID with making the area more livable and attractive to commercial tenants. It also makes up for shortcomings in street cleaning and security provided by the D.C. government, he said.

"It's hard for them to manage these public amenities in a way [residents] would like to see," he said.

The steering committee has formed a nonprofit organization, called the NoMa Improvement Association, to promote the BID.

Next month, the committee plans to petition NoMa property owners and tenants for support before seeking legislative approval from the D.C. Council.

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