EastBanc Tries Again With Valero Lot

EastBanc Inc. has submitted a new proposal for the property at 2715 Pennsylvania Ave. NW, currently a Valero gas station. The original proposal asked the D.C. Zoning Commission to change its regulations to enable approval of the planned-unit development on the property, which is smaller than the minimum size for a PUD. After objections to the change by several commissioners, EastBanc withdrew the proposal. The new plan has a redesigned layout, 25,572 square feet instead of 43,000 and seven rather than eight luxury apartments, above a restaurant; includes an offer to pay $359,604 into the District’s Affordable Housing Trust Fund; and asks for a one-time waiver of the 7,500-square-foot minimum instead of a citywide change to the regulations.