Kingdon Gould III

Last updated
Kingdon Gould III
Born (1948-06-16) June 16, 1948 (age 75)
New Haven, Connecticut, U.S.
NationalityAmerican
OccupationReal estate developer
SpouseKristin Gould [1]

Kingdon Gould III (born June 16, 1948) is an American real estate developer, active in the Washington, D.C.-area. He is part of the fifth generation of the Gould family of financiers, philanthropists and diplomats, which includes his father Kingdon Gould, Jr., grandfather Kingdon Gould Sr., great-grandfather George Jay Gould and great-great-grandfather Jay Gould, with associated generations of mothers, siblings, uncles, aunts and cousins.

Contents

Life and career

Market Square, which was developed by Kingdon Gould III and Boston Properties. Market Square.JPG
Market Square, which was developed by Kingdon Gould III and Boston Properties.

He was born in New Haven, Connecticut, on June 16, 1948, to Kingdon Gould, Jr., and his wife, Mary Bunce Gould (née Thorne). [2]

He was made part owner and vice president of Gould Property Company, his father's real estate firm and one of the largest and oldest real estate development firms in the D.C. metropolitan area. [3] He was the company's spokesperson when the Hyatt Regency Crystal City hotel and the Mayflower Hotel both were subject to foreclosure proceedings in 1989. [4]

Other notable projects

In 1990, Gould partnered with Boston Properties to construct Market Square North, a development in the Pennsylvania Avenue National Historic Site which was completed in 1997. [5]

In 1996, Gould's Laurel Sand and Gravel company which includes Fairfax Materials, Allegany Aggregates, Laurel Asphalt and S.W. Barrick & Sons purchased the 600 acres chase property north of the historic town of Savage, Maryland. The site is home to the Savage Stone quarry, mining Baltimore Gabbro for road bed construction. The facility started operations in 2005 after special zoning approval with a 25-year reserve in materials. [6] [7] [8]

Gould then partnered with his brother, Caleb Gould, and local developers David Costello and Richard B. Talkin to form Kincade LLC. In September 2000, Kincade broke ground on the $11 million Columbia Lakeside, a six-story, 75,000 square feet (7,000 m2) office building facing Lake Kittamaqundi. [9] It was the first new office building in Columbia Town Center since 1998. [9]

In 2001, Gould embarked on a six-year-long land swap deal with the District of Columbia. Gould owned a 1.5 acres (0.61 ha) lot on the southeast corner of 9th Street NW and Massachusetts Avenue NW. [10] Gould joined with Marriott International, a hotel company, to propose that a 1,500-room hotel be built on this site to function as a "headquarters hotel" for the Walter E. Washington Convention Center (then under construction). [11] Gould hired the law firm of Robins, Kaplan, Miller & Ciresi to assist with his plans. [12] There was extensive debate among city officials and developers over whether the Gould parcel was too small for the hotel, and whether the old Washington Convention Center site (a few blocks away) would be more appropriate. [13] D.C. Mayor Anthony A. Williams appointed Gould to an advisory board in October 2004, and charged the advisory board with studying all proposed sites and recommending one for the hotel to the city. [14] In August 2005, the Washington Convention and Sports Authority put a $900,000 down payment on two lots (which included the historic former headquarters of the United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry adjacent to the Gould parcel. [15] On January 26, 2005, Gould swapped his parcel on 9th Street NW for a similar-sized lot at the site of the old convention center. [15] [16] With the land swap, the city was able to move ahead with plans to build the Washington Marriott Marquis, the 1,430-room "headquarters hotel" long-desired by the city. [16] On November 1, 2007, the deal to swap land with Gould was finally approved. [17] Although the City Council had signed off on the deal in June 2005, the city took another 25 months to change local zoning regulations so that Gould was exempted from building housing on his new site. [17] Gould said he still had not decided what should be built there. [17]

In 2003, Gould partnered with local residents in Baltimore to purchased the MacGillivray building at Charles and Read Streets to keep it out of the hands of a competing developer. [18] Gould and the others hoped to renovate the structure into a mixed-used apartment building with upscale retail space on the ground floor.

In April 2007, Gould proposed a major redevelopment of an area bounded by Massachusetts Avenue NW, I Street NW, 6th Street NW, and 7th Street NW (a trapezoidal city block just southeast of Mount Vernon Square). Although 650 Massachusetts Avenue NW and 901 Seventh Street NW were modern office buildings on the western end of the parcel, surface parking lots and several historic townhouses facing I Street NW occupied the remainder of the block. Gould proposed construction of an 11-story, 360,000-square-foot (33,000 m2) office building with retail space on the ground floor and 300 underground parking spaces on the area currently occupied by the parking lots and townhouses. [19] [20] The office building's facade would be decorated with Chinese motifs, in keeping with the nature of the nearby Chinatown neighborhood. [20] He proposed moving 621 I Street NW and 623 I Street NW (both constructed in 1852 and never renovated) to form a cluster with three other historic townhouses on the southeast corner of the parcel, and demolishing 627 I Street NW (which had been renovated as recently as 1946 and was no longer considered to have retained its historic character). [19] The District of Columbia Historic Preservation Review Board began reviewing his proposal. [19]

Gould took several steps to help win local support for his proposal. He worked with the Chinatown Steering Committee and the Chinatown Revitalization Council, and offered to contribute $1 million toward the construction of affordable housing in Chinatown, to turn over 13,000 square feet (1,200 m2) of space in the new building for community use, contribute $100,000 to neighborhood programs, and give free parking space in his building to members of both groups. [20] However, Gould also proposed closing part of the alley serving the block. Steering committee members opposed this, because the closed area would be behind their condominium homes and they feared an increase in crime. [20] D.C. Council Chairman Vincent C. Gray attempted to mediate the dispute. [20] Gould abandoned these negotiations, and his architects redesigned the office building to build a service area by reducing the community space to just 4,100 square feet (380 m2). [20] He also limited the space's use to a handful of groups he approved of. [20] Gould also altered his community contribution plan, agreeing to donate $600,000 to the Chinese Community Church, provide rental discounts to Asian-owned retailers in the new building, and donate $850,000 to build affordable housing in Adams Morgan (a D.C. neighborhood several miles from Chinatown). [20] Despite strong objections from the two Chinatown community groups, the D.C. City Council approved Gould's proposal by a 12-to-1 vote in August 2007. [20]

Local roles

In the mid-1990s, Gould was elected president of the Penn Quarter Neighborhood Association, a position he continued to hold as late as 2002. [21]

Gould was also chairman of the Downtown Business Improvement District in Washington, D.C.

Related Research Articles

<span class="mw-page-title-main">Watergate complex</span> United States historic place

The Watergate complex is a group of six buildings in the Foggy Bottom neighborhood of Washington, D.C. Covering a total of 10 acres just north of the John F. Kennedy Center for the Performing Arts, the buildings include:

<span class="mw-page-title-main">Chinatown, Washington, D.C.</span> Place in the United States

Washington, D.C.'s Chinatown is a small, historic area of Downtown Washington, D.C. along H and I Streets between 5th and 8th Streets, Northwest. The area was once home to thousands of Chinese immigrants, but fewer than 300 remained in 2017. The current neighborhood was the second in Washington to be called “Chinatown” since 1931. Originally, the first Chinatown was built in the Federal Triangle on the south side of Pennsylvania Avenue some time after 1851, but was moved to the H Street area when a new federal building was built there. In 1986, a Chinese gate was built over H Street at 7th Street. By 1997, prominent landmarks such as the Capital One Arena, a sports and entertainment arena, had gentrified the area. The neighborhood is served by the Gallery Place station of the Washington Metro.

<span class="mw-page-title-main">Mount Pleasant (Washington, D.C.)</span> Neighborhood of Washington, D.C.

Mount Pleasant is a neighborhood in the northwestern quadrant of Washington, D.C. It is bounded by Rock Creek Park to the north and west; Harvard Street NW to the south; and 16th Street NW to the east. It is north of Adams Morgan and west of Columbia Heights. It is home to about 10,000 people.

<span class="mw-page-title-main">West End (Washington, D.C.)</span> Place in the United States

The West End is a neighborhood in the Northwest quadrant of Washington, D.C., bounded by K Street NW to the south, Rock Creek Park to the west and north, and New Hampshire Avenue NW and 23rd Street NW to the east. The West End is so named because it was the westernmost part of the original L'Enfant Plan for the city of Washington, before the annexation of Georgetown. It is home to the embassies of Spain and Qatar as well as the Delegation of the European Union to the United States. The George Washington University and George Washington University Hospital are on the edge of the West End, at Washington Circle.

<span class="mw-page-title-main">Kings Contrivance, Columbia, Maryland</span> Village in Maryland, United States

Kings Contrivance is a village in the planned community of Columbia, Maryland, United States and is home to approximately 11,000 residents. It is Columbia's southernmost village, and was the eighth of Columbia's ten villages to be developed. Kings Contrivance consists of the neighborhoods of Macgill's Common, Huntington and Dickinson, and includes single-family homes, townhouses, apartments and a Village Center.

<span class="mw-page-title-main">J. Edgar Hoover Building</span> FBI headquarters in Washington, D.C.

The J. Edgar Hoover Building is a low-rise office building located at 935 Pennsylvania Avenue NW in Washington, D.C., in the United States. It is the headquarters of the Federal Bureau of Investigation (FBI).

<span class="mw-page-title-main">Mount Vernon Square</span> United States historic place

Mount Vernon Square is a city square and neighborhood in the Northwest quadrant of Washington, D.C. The square is located where the following streets would otherwise intersect: Massachusetts Avenue NW, New York Avenue NW, K Street NW, and 8th Street NW.

<span class="mw-page-title-main">Penn Quarter</span> Neighborhood of Washington, D.C., United States

Penn Quarter, often referred to as Old Downtown, is a historic neighborhood of Downtown Washington, D.C., located north of Pennsylvania Avenue, in Northwest D.C. Penn Quarter is roughly equivalent to the city's early downtown core near Pennsylvania Avenue and 7th Street NW, Penn Quarter is an entertainment and commercial hub, home to many museums, theaters, cinemas, restaurants, bars, art galleries and retail shops. Landmarks include the Capital One Arena, the National Portrait Gallery, and the Harman Center for the Arts, among others. The area is also home to a popular farmers market and several food, wine, art, and culture focused festivals.

<span class="mw-page-title-main">Old Town Chinatown</span> Neighborhood in Portland, Oregon, United States

Old Town Chinatown is the official Chinatown of the northwest section of Portland, Oregon. The Willamette River forms its eastern boundary, separating it from the Lloyd District and the Kerns and Buckman neighborhoods. It includes the Portland Skidmore/Old Town Historic District and the Portland New Chinatown/Japantown Historic District, which are listed on the National Register of Historic Places. It has been referred to as the "skid row" of Portland.

<span class="mw-page-title-main">Downtown (Washington, D.C.)</span> United States historic place

Downtown is the central business district of Washington, D.C., located in Northwest D.C. It is the fourth largest central business district in the United States. The "Traditional Downtown" has been defined as an area roughly between Union Station in the east and 16th Street NW in the west, and between the National Mall on the south and Massachusetts Avenue on the north, including Penn Quarter. However, nowadays, Downtown D.C. usually refers to a larger area, as the DC Office of Planning states:

…most residents, workers, and visitors think of Downtown in a broader sense — including areas as far north as Dupont Circle, as far west as Foggy Bottom, and as far east as Capitol Hill. Only about half of the central city workforce is located within the city’s traditional Downtown.

Oakland's Civic Center neighborhood is a residential and public building district on the east side of Oakland's Central Business District. Its borders are roughly Downtown and Harrison Street to the west, the East Lake Neighborhood and Lakeshore Avenue to the east, the Lakeside Apartments District and 14th Street to the North, and Chinatown and 11th Street to the South.

<span class="mw-page-title-main">Anacostia Waterfront Corporation</span> Defunct government-owned corporation in the United States

The Anacostia Waterfront Corporation (AWC) was a government-owned corporation established in 2004 by the government of District of Columbia, in the United States, to revitalize neighborhoods next to the Anacostia River and to coordinate the environmental rehabilitation and use of the river. The corporation was intended to have a 20-year lifespan, during which it would oversee an $8 billion public-private redevelopment plan covering the Anacostia River waterfront and numerous parcels of land in the city east of the river. However, a change in mayoral administrations and frustration with the slow pace of redevelopment resulted in the abolition of the corporation after three years.

Vlastimil Koubek was a Czech American architect who designed more than 100 buildings, most of them in the Washington, D.C., metropolitan area. When he died, he had designed buildings worth more than $2 billion. Most of his work is Modernist in style, although he developed a few structures in other vernaculars. He created the site plan for the redevelopment of Rosslyn, Virginia, and his Ames Center anchored the area's economic recovery. He also designed the World Building in Silver Spring, Maryland, which sparked redevelopment of that town's downtown and the L'Enfant Plaza Hotel in Washington, D.C., amongst many other buildings. In 1985, Washingtonian magazine considered him to be one of 20 people "who in the past 20 years had the greatest impact on the way we live and who forever altered the look of Washington." In 1988, The Washington Post newspaper said his Willard Hotel renovation was one of 28 projects in the area which made a signal contribution to the "feel" and look of Washington, D.C.

<span class="mw-page-title-main">CityCenterDC</span> Mixed-use development in Washington, D.C.

CityCenterDC, sometimes colloquially called CityCenter, is a mixed-use development consisting of two condominium buildings, two rental apartment buildings, two office buildings, a luxury hotel, and public park in downtown Washington, D.C. It encompasses 2,000,000 square feet (190,000 m2) and covers more than five city blocks. The $950 million development began construction on April 4, 2011, on the site of the former Washington Convention Center—a 10.2-acre (4.1 ha) site bounded by New York Avenue NW, 9th Street NW, H Street NW, and 11th Street NW. Most of the development was completed and open for business by summer 2015. The luxury hotel Conrad Washington, DC, opened in February 2019.

<span class="mw-page-title-main">Mount Vernon Triangle Historic District</span> Historic district in Washington, D.C., United States

The Mount Vernon Triangle Historic District is a historic district in the Mount Vernon Triangle neighborhood of Washington, D.C., consisting of 22 contributing residential, commercial, and industrial buildings, and one known archaeological site. The area was once a working class neighborhood for mostly German immigrants and home to semi-industrial enterprises such as a dairy and an automobile repair shop. The Northern Liberty Market that once stood on the corner of 5th Street and K Street NW played a large role in spurring development in the surrounding area as did the streetcars on Massachusetts Avenue and New York Avenue.

<span class="mw-page-title-main">901 New York Avenue</span> Office building in Washington, DC

901 New York Avenue NW is a mid-rise Postmodern high-rise located in Downtown Washington, D.C., in the United States. The structure was developed by Boston Properties to help revitalize the Mount Vernon Square neighborhood, and was completed in 2005. It is located on a roughly triangular parcel bounded by New York Avenue NW, K Street NW, and 10th Street NW. It is north of the CityCenterDC mixed-use residential, office, and retail project.

<span class="mw-page-title-main">Salamander Washington DC Hotel</span> Building in the United States

The Salamander Washington DC is a luxury Postmodernist-style hotel located at 1330 Maryland Ave SW, Washington, D.C. The hotel is an AAA-rated four diamond and Forbes Travel Guide rated four stars. From 2004 to 2022 it operated as the Mandarin Oriental Washington, D.C..

Quadrangle Development Corporation is a privately held, vertically integrated real estate development company based in Washington, D.C., in the United States. By 2002, it was one of the largest real estate developers in the Washington, D.C., metropolitan area. As of April 2011, the company owned 83 properties totaling 22,000,000 square feet (2,000,000 m2) and worth $8.4 billion.

<span class="mw-page-title-main">Washington Marriott Marquis</span> Luxury hotel in Washington, D.C., United States

Marriott Marquis Washington, DC is a luxury hotel located on Massachusetts Avenue NW, in NW, Washington, D.C., United States. The hotel is connected to the Walter E. Washington Convention Center across 9th Street NW via an underground concourse and receives significant business from convention attendees.

<span class="mw-page-title-main">Mount Vernon Triangle</span> Place in the United States

Mount Vernon Triangle is a neighborhood and community improvement district in the northwest quadrant of Washington, D.C. The neighborhood is located adjacent to Mount Vernon Square. Originally a working-class neighborhood established in the 19th century, present-day Mount Vernon Triangle experienced a decline in the mid-20th century as it transitioned from residential to commercial and industrial use.

References

  1. ↑ Rippetoe, Matt (December 4, 2015). "The 2016 Social List". Washington Life Magazine. Retrieved October 18, 2017.
  2. ↑ "Son to Mrs. Kingdon Gould Jr." New York Times. June 17, 1948.
  3. ↑ McQuaid, Kevin L. "Manekin Starts Work on Big P.G. Co. Mixed-Use Project." Baltimore Business Journal. November 15, 1991.
  4. ↑ Heschmeyer, Mark, and Paton, Huntley. "Gould-Pritzker Hyatt Hotel Hit With Foreclosure Action." Washington Business Journal. June 12, 1989; >Gutheim and Lee, p. 358.
  5. ↑ Maguire, Miles. "Security Fear Cited in Project Near FBI." Washington Times. September 19, 1990; Jenkins, Jr., Kent. "Congress Overrules D.C., Blocks Project." Washington Post. March 7, 1991; Haggerty, Maryann. "Building on Spec Reappears After an Absence of Six Years." Washington Post. October 7, 1996; Fehr, Stephen. "Regional Game Plan Heavy On Construction." Washington Post. December 1, 1996.
  6. ↑ "Residents OK quarry in Jessup". The Baltimore Sun. June 3, 1994.
  7. ↑ "Savage quarry quandary Howard County: Hazardous quarry poses tough questions for county officials". The Baltimore Sun. 26 September 1995.
  8. ↑ "Construction Equipment Guide" . Retrieved 10 April 2014.
  9. 1 2 Mansour, Rachel. "Scarce Space." Baltimore Daily Record. September 26, 2000.
  10. ↑ Hedgpeth, Dana and Spinner, Jackie. "Bidders Vie to Build Hotel." Washington Post. August 9, 2001.
  11. ↑ Hedgpeth, Dana. "D.C. Weighs Convention Center Hotel Subsidy." Washington Post. August 13, 2001.
  12. ↑ "Choices to Lead SEC Narrow." Washington Post. December 10, 2002.
  13. ↑ Hedgpeth, Dana. "Convention Board Backs Mayor on Hotel Site." Washington Post. December 3, 2004.
  14. ↑ Hedgpeth, Dana. "Vote on Hotel Site Delayed." Washington Post. October 14, 2004.
  15. 1 2 Hedgpeth, Dana. "D.C. Has Deal for Convention Hotel Site." Washington Post. August 23, 2005.
  16. 1 2 Killian, Erin. "Developer, D.C. Reach Deal on Convention Center Hotel.' Washington Business Journal. January 27, 2006.
  17. 1 2 3 Lazo, Alejandro. "D.C. Land Deal Clears Way For Convention Center Hotel." Washington Post. November 2, 2007.
  18. ↑ Calvert, Scott. "For Midtown Corner, Seeming Foes Unite.' Baltimore Sun. November 22, 2003; Fieser, Ezra. "Community Assn. Battles Developers to Preserve Character of Historic Mount Vernon." Baltimore Daily Record. January 23, 2004.
  19. 1 2 3 Natarajan, Prabha. "D.C. Office Project Calls for Removing Old Row Houses." Washington Business Journal. April 2, 2007.
  20. 1 2 3 4 5 6 7 8 9 Stewart, Nikita. "Growth in Chinatown Exposes a Deep Rift." Washington Post. August 13, 2007.
  21. ↑ Morris, Vincent S. "Georgia Avenue Plan Criticized." Washington Times. October 9, 1996; Straight, Susan. "Neighborhood Grows Up Around New Lexington Complex." Washington Post. June 22, 2002.

Bibliography

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.