Since January, 2003
            
 Sliding from Before to After

The front page of Tuesday's Post has "Building Slowdown Turns Grand Visions into Vapor," a look at projects in the DC area that are on hold because of the slumping economy: "The economic boom of recent years promised to deliver gleaming homes and high-end retail to struggling and newly forming neighborhoods across the Washington region. But that quest is running headlong into a withering economic slowdown and paralyzed credit markets, bringing new construction to a virtual stop and fueling anxiety among those who dreamed that their neighborhoods were the next frontiers."
Among the examples in the article are three delayed projects near the ballpark--WC Smith's 250 M Street office building, the residential and hotel portion of Monument's Half Street project, and also the Corcoran's Randall School development at Half and I, SW (which Monument pulled out of recently): "Perhaps no area is more central to the District's long-term ambitions than the streets around Nationals Park. At every opportunity, Fenty talks of a cosmopolitan destination featuring new parks, offices, stylish apartments and restaurants, all of it along the Anacostia River. Yet, how soon that vision materializes is fraught with uncertainty."
(Full disclosure: I provided a bit of basic status on ballpark-area projects for the piece, hence the "contributed" line.)
Some additional perspective: Certainly there's a slowdown afoot. (It's almost like there's some sort of cycle of boom and bust in commercial real estate!) I've been joking that I should just put a "Gone Fishin'" sign up here at JDLand during 2009, and come back in 2010 to see what's cooking, because other than the first offerings at the Yards and perhaps Canal Park {cough}, I'm not expecting much to get underway in the next little while. On the other hand, Capitol Quarter is moving forward, 1015 Half Street is now out of the ground, Diamond Teague Park is expected to open in the spring, and 100 M and 55 M and 909 New Jersey and Velocity will all be opening their doors before long, and perhaps the lure of another season of baseball will get some retail into the empty ground-floor spaces of those buildings and 20 M.
So, it's not like tumbleweeds are blowing down M Street or vines are growing on buildings a la Logan's Run--and it would be hard to make the case that it's the neighborhood's fault or the stadium's fault when the entire region is feeling the pain. The expectation would be that when the market improves, development in Near Southeast should pick up again. But we'll all just have to wait and see, won't we?
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Bruce says: (12/2/08 8:10 AM)
i had assumed that all the necessary financing was already in place now that we have a 3 story deep hole on 1/2 Street.
Although the economy as a whole has tanked, these projects will eventually get finished. As the residential portion of this area begins to fill up (hopefully) the retail will come.
I am hoping that this is just a hiccup.


Michael says: (12/2/08 8:48 AM)
It seems like the Post is writing these articles as a "see what a waste of money" or too-bad so sad for the SE. I'm moving there next year and I don't expect to see big things until mid-late 2010. In 5-10 years this will be a really nice area and then in that time you can look back on the Post and Times article and wonder what happened to all the doom and gloom.
Recessions are good (in a way) to slow things down, refocus and come out stronger/better and more well thoht out.


Edna Wellthorpe says: (12/2/08 9:46 AM)
JD - Love the Logan's Run reference! What a classic!


DC says: (12/2/08 10:17 AM)
I agree completely with Michael - and did anyone else see the article a couple of weeks ago in the Business Journal I think - about Forest City being close to deals with a Jazz Club and Dogfish Head Alehouse - I think retailers are interested and will certainly come they just need to make the numbers work


bruce says: (12/2/08 12:19 PM)
I still believe in the area and plan to move there when my house is ready.
The Post piece mentioned infrastructure work by the blocks that are barren where pulic housing used to be...
JD, any thoughts on that segment of the piece??


JD says: (12/2/08 7:28 PM)
I *think* there's going to be another bond offering to take care of the infrastructure work around Canal Park, since that includes the streets where the new Capper apartment buildings will be (trash transfer site and the three blocks between 2nd and 3rd). Perhaps the article's reference to 250 M and the infrastructure it would be helping to fund is Phase II of Capitol Quarter (along 3rd from I to L), but I really don't know for sure.



bruce says: (12/3/08 11:22 AM)
Good point. I had considered Phase 2..


G St. says: (12/3/08 4:01 PM)
Count the cranes and holes in the ground.



bruce says: (12/4/08 9:18 AM)
Based on current trends, I see mortgage rates settling in at 4.5 to 5.25% toward the 1st quarter of 2009 which will stimulate movement. THis will help everyone, not just our part of town.

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Recent Crime Incidents Archive  
400 B/O M ST SE   THEFT
Shoplifting
 06/17/19
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (theft From Building)
 06/16/19
50 B/O M ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 06/16/19
100 B/O H ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 06/14/19
400 B/O M ST SE   ASSAULT WITH A DANGEROUS WEAPON  06/12/19
1100 B/O 8TH ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 06/09/19
700 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 06/09/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/06/19
1300 B/O 4TH ST SE   THEFT
Theft First Degree (all Other Larceny)
 06/06/19
400 B/O M ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 06/05/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 06/03/19
1385 CANAL ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 05/31/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 05/30/19
1300 B/O 4TH ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 05/28/19
1400 B/O SOUTH CAPITOL ST   THEFT
Theft 2nd Degree (all Other Larceny)
 05/25/19
300 B/O TINGEY ST SE   SEX ABUSE
2nd Degree Sex Abuse-threats
 05/25/19
1000 B/O 1ST ST SE   BURGLARY
Burglary Two
 05/25/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 05/23/19
1000 B/O 7TH ST SE   THEFT FROM AUTO
Theft First Degree (theft From Motor Vehicle)
 05/22/19

Recent Issued Building Permits Archive  
1100 1ST ST SE   
06/14/19 
ONYX ACQUISITION LLC / SEJDI SINANI
B1911055 / CONSTRUCTION
REPLACING DAMAGED CAULKING ON THE BRICK JOINTS
1100 2ND PL SE 100   
06/07/19 
CBRE / null
P1906844 / SUPPLEMENTAL
1100 2ND PL SE   
05/22/19 
HELEN M. MAPPLEBECK / HEE YEOL HWANG
E1907663 / SUPPLEMENTAL
   
05/22/19 
CBRE / DOMINIC E TOTARO
M1902700 / SUPPLEMENTAL
   
06/06/19 
CBRE / null
E1908130 / SUPPLEMENTAL
   
06/12/19 
SQUARE 768N OWNER LLC / FRANK CAVANAGH; FRANK CAVANAGH; SEE BELOW
SG1900341 / CONSTRUCTION
Install one LED illuminated sign 1' x 15.91' = 15.91 sq
915 4TH ST SE   
05/28/19 
ALAN VATON / KYLE YOST; KYLE YOST
SOL1901152 / CONSTRUCTION
rooftop solar pv system, less than 4' above roof
   
06/03/19 
ALAN VATON / RICHARD J SHELER
E1908023 / SUPPLEMENTAL
1331 4TH ST SE APT 629   
05/28/19 
null / RILEY NA ROBERTS
EHOP19956402 / HOME OCCUPATION
1017 4TH ST SE   
06/03/19 
MICHAEL D MORAWSKI / null
E1908024 / SUPPLEMENTAL
70 I ST SE APT 103   
05/29/19 
null / NA NA NA
EHOP19992424 / HOME OCCUPATION
200 I ST SE   
06/05/19 
DISTRICT OF COLUMBIA / ROGER L PEACE; NA
B1909927 / CONSTRUCTION
Building a wall to separate the room
250 M ST SE   
06/12/19 
null / WILLIAM E BREIDENBACH
E1908365 / SUPPLEMENTAL
410 M ST SE   
06/03/19 
DISTRICT OF COLUMBIA HOUSING / STEVE MIROY; NA
B1908576 / CONSTRUCTION
Boiler room upgrade
   
06/14/19 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / MARC R. COLLIER
FB1900083 / SUPPLEMENTAL
1200 NEW JERSEY AVE SE 7TH FL 20590   
06/04/19 
JBG/FEDERAL CENTER LLC / MICHAEL P. LYONS
E1908050 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE   
05/31/19 
SQUARE 742 LLC / PETER MILLER
D1900736 / CONSTRUCTION
Demo of interior space to white box condition for future retail tenant. Includes fixtures, furnishings, and partitions.
79 POTOMAC AVE SE   
06/14/19 
RIVERFRONT HOLDINGS I LLC / ; JOE SPINELLI
B1909001 / CONSTRUCTION
Alteration to an existing restaurant’s Summer Garden Patio, CO1702427, to increase layout and occupancy to 154 seats, 62 standing, 4,025sqft. No change to existing interior f 100 seats and 143 occ load. Combined interior and exterior maximum occupancy load of 359.
201 TINGEY ST SE   
06/11/19 
JBG/SEFC 170 LLC / SOPHIA FLORENDO-STEVENS
B1910809 / CONSTRUCTION
Public food market Saturdays June 2019 to October 2019, 11am to 6pm. Tents and picnic tables for a public market. No changes to the space.
227 TINGEY ST SE   
06/13/19 
null / MYRA TELEZ
SP1900024 / CONSTRUCTION
Construct Hot / Cold spa on 2nd floor. Indoor facility.
AH = After Hours; B = Alteration & Repair; D = Demolition; E = Electrical; FB = Boiler; M = Mechanical; P = Plumbing and Gas; PC = Post Card; R = Raze; SG = Sign; TL = Tenant Layout; TN = Tent; RW = Retaining Wall;

Real Property Sales Archive  
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Project Directory
Completed
Yards/Guild Apts. ('19)
Capper/The Harlow ('19)
New DC Water HQ ('19)
Yards/Bower Condos ('19)
Virginia Ave. Tunnel ('19)
99 M ('18)
Agora ('18)
1221 Van ('18)
District Winery ('17)
Insignia on M ('17)
F1rst/Residence Inn ('17)
One Hill South ('17)
Homewood Suites ('16)
ORE 82 ('16)
The Bixby ('16)
Dock 79 ('16)
Community Center ('16)
The Brig ('16)
Park Chelsea ('16)
Yards/Arris ('16)
Hampton Inn ('15)
Southeast Blvd. ('15)
11th St. Bridges ('15)
Parc Riverside ('14)
Twelve12/Yards ('14)
Lumber Shed ('13)
Boilermaker Shops ('13)
Camden South Cap. ('13)
Canal Park ('12)
Capitol Quarter ('12)
225 Virginia/200 I ('12)
Foundry Lofts ('12)
1015 Half Street ('10)
Yards Park ('10)
Velocity Condos ('09)
Teague Park ('09)
909 New Jersey Ave. ('09)
55 M ('09)
100 M ('08)
Onyx ('08)
70/100 I ('08)
Nationals Park ('08)
Seniors Bldg Demo ('07)
400 M ('07)
Douglass Bridge Fix ('07)
US DOT HQ ('07)
20 M ('07)
Capper Seniors 1 ('06)
Capitol Hill Tower ('06)
Courtyard/Marriott ('06)
Marine Barracks ('04)


Overviews
Capper/Carrollsburg
Anacostia Riverwalk
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M Street
South Capitol Street
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Lower 8th Street
East M Street
Boathouse Row





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