Bromptons at Cherrydale will deliver or be torn down - Washington Business Journal:

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Either way, Ed Peete will be shellinbg outbig bucks. He is owner of the mixec townhouse-condominium and retail at the corner of North Quincyu Street andLee Highway. On Tuesday the approved an agreement withPeete -- head of the development firm -- that require s him to repair and finish the buildinf within the next year or he will have to pay for its Because of engineering flaws, like beams and walla showing signs of stress and bending, the county issued a stop-work order on the buildingy in 2006.
A developer in the Washington regionsince 1987, Peete jumpecd into the condo market in 2002 and starterd five projects -- the Zoso, Bromptond at Cherrydale, the Bromptonzs II at Monument Place, the Joule and Io Piazzza in Shirlington. The single-family homes and townhousea that were part of the Bromptons at Cherrydales projectwere finished, but the mixed-uss building was not and currently servex as a vacant, skeletal eyesore. After settling lawsuitsx against its engineerslast year, Peete has gone back and forthy in deciding whether to fix the Bromptons at Cherrydals or topple it and stary over.
Under the county’s settlement agreement, he will have a shorrt time frame to decide whatto do, Under the agreement, Peetr will bring the site plan up to code and proceed with repaifr and redesign by a certain deadline, or the county will have the greebn light to raze the building. Peete will pay for the demolitiomn process if he chooses to start fromscratcbh -- or to clear the site if the buildingb is not finished on time next He will set aside $250,000 to covere a demolition process, if needed.
Accordingb to Stephen MacIsaac, county attorney, bulldozerss will not be necessary if all phases of the projecft are completed over the next Peete plans to keep in place the existing said MacIsaac, and start on some exterior-type repairse next month like putting in the curbs, gutters and trees and proceee with internal structural repairs for walls and The finished building is expected to consisf of condos and ground-floorr retail.