A raze permit was recently filed by the Graduate School USA for 501 I Street, which is the former Southeastern University campus building. The campus is under contract to the Shakespeare Theatre Company (STC), who plans to build actor and apprentice housing, along with rehearsal and performance space, costume and set equipment storage, education classrooms, and the administrative headquarters for the Company. The raze permit was filed to see whether any historic preservation groups would try to landmark the building; however, at the June ANC meeting, the commissioners voted to oppose the permit because STC has not presented their plans for the property to the community. An attorney for STC stated at the meeting that the Company will close on the sale of the campus building in October and are still in the early planning stages, but will soon present their plans to the community. However, a note on the Waterfront Gateway Neighborhood Association website gives an idea of the initial plan for the residential component of the site – a nine-story building with 155 residential units and 70 garage spaces. It was mentioned at the ANC meeting that the building will be designed by Shalom Baranes, the same architect who designed the office buildings at Waterfront Station. STC will need to request a zoning change in order to build what they want on the site.