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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City Government Data for Near Southeast Records added or updated recently displayed here; click the "archive" links to see additional detail and older records. All data from DC Government databases and RSS feeds. JDLand takes no responsibility for errors, omissions, etc. (read CapStat disclaimer). Data is retrieved daily.

Recent Crime Incidents Archive  
1000 5TH ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle) - Street / Unknown
 09/16/18
800 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/16/18
1000 B/O NEW JERSEY AVE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/15/18
1000 B/O 3RD ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/15/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 09/13/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/13/18
1000 B/O HALF ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/11/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/08/18
400 B/O M ST SE   THEFT
Shoplifting
 09/02/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/29/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/29/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/29/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/26/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 08/21/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/20/18
1300 B/O 4TH ST SE   THEFT
Theft First Degree (all Other Larceny)
 08/20/18
1400 B/O SOUTH CAPITOL ST   THEFT
Theft 2nd Degree (theft From Building)
 08/20/18

Recent Issued Building Permits Archive  
1108 3RD ST SE   
09/04/18 
JULIANA DUFFY / HERVE BILLIET
SOL1800816 / CONSTRUCTION
This is a new rooftop solar installation for 1108 3rd Street SE, Washington, DC, 20003.
   
09/06/18 
JULIANA DUFFY / null
E1810366 / SUPPLEMENTAL
4 I ST SE   
08/29/18 
CRESCENT COMMUNITIES / MITCH A. PERMUY 727-210-0492
E1809865 / SUPPLEMENTAL
2 I ST SE   
08/27/18 
MCDONALDS CORPORATION / DONNA G GRAHAM
AH1801251 / CONSTRUCTION
WR #3573836-VAETH / BRUNO-WARD 6-20003-PEPCO CREWS WILL BE WORKING #2 I ST SE - MAY NEED TO BLOCK "I" ST ON OCCASION TO INSTALL NETWORK TRANSFORMERS AND INSTALL CABLE - CREW WILL BE WORKING AT NIGHTS DURING THE WEEK (MONDAY THRU FRIDAYS) FROM 9PM TO 7 AM - WILL ALSO BE WORKING WEEKENDS (SAT & SUN) FROM 6AM TIL 6PM
   
08/29/18 
CRESCENT CAPITAL VIEW LLC / KIM MITCHELL
TL1800059 / CONSTRUCTION
EXPEDITION / VELOCITY PROGRAM - INTERIOR WORK ONLY FULL-SERVICE RESTAURANT WITH 78 SEATS AND 80 OCCUPANTS INDOORS. WITH BUILDOUT OF AN EXISTING COLD DARK SHELL STRUCTURE AT THE GROUND FLOOR OF THE 2 I STREET BUILDING PERMIT B1713380. THE BUILDOUT IS FOR A RETAIL KITCHEN.
42 I ST SE   
08/23/18 
UNITED STATES OF AMERICA / HITT CONTRACTING INC
UT1800067 / CONSTRUCTION
REPAIR OF AN EXISTING UNDERGROUND STORAGE TANK. NO EXCAVATION WILL BE DONE. WORK INCLUDES INSTALL TWO NEW MANWAYS, REPLACE LADDER, REPAIR AND REPLACEMENT OF EXISTING PIPING AND PUMPS AND TANK OPERATING EQUIPMENT AND THE RESEALING OF THE INTERIOR OF THE TANK. THE TANK IS LOCATED ON THE CAPITOL POWER PLANT PROPERTY.
202 M ST SE   
09/05/18 
UNITED STATES OF AMERICA / DANIEL KISER; X
SG1800384 / CONSTRUCTION
Installation of 4 wall mounted signs. 2 @ 26.25 SF and 2 @ 35.5 sf
300 M ST SE   
08/27/18 
FEDERAL CENTER LP / SAM HOLLEN
B1809629 / CONSTRUCTION
INTERIOR RENOVATION TO 3RD FLOOR OFFICE SPACE FOR NEW MEDICAL OFFICE. PARTITIONS, FURNITURE, MEP AND LIFE SAFETY. LEAD WALLS FOR X-RAY ROOM. NO STRUCTURAL. 3006 SQUARE FEET. THE CENTERS FOR ADVANCED ORTHOPEDICS, LLC SUITE 325 **CHANGE IN USE, LEVEL 2 ALTERATION
   
09/05/18 
FEDERAL CENTER LP / null
P1808927 / SUPPLEMENTAL
   
09/05/18 
FEDERAL CENTER LP / null
P1808926 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE   
08/23/18 
SQUARE 742 LLC / null
E1809932 / SUPPLEMENTAL
   
08/30/18 
SQUARE 742 LLC / null
E1810159 / SUPPLEMENTAL
125 O ST SE   
08/29/18 
DISTRICT OF COLUMBIA / DAVID T FONTANA
B1803497 / CONSTRUCTION
Revision to issued permit B1700636 for new six story DC WATER HQ office to include: Minor door, ramp and partition changes, corrections to foundation, slab and framing due to field conditions, MEP & FA coordination with other changes, minor changes to landscaping and water utility site work.
71 POTOMAC AVE SE   
08/27/18 
FORIDA ROCK PROPERTIES INC / null
AH1801250 / CONSTRUCTION
afterhours to pour concrete on jobsite from 8 / 27 / 2018 to 9 / 27 / 2018 from 9pm to 7am
   
08/31/18 
FORIDA ROCK PROPERTIES INC / MITCH PERMUY 7272100492
E1810173 / SUPPLEMENTAL
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  
No commercial transaction records added or modified in the past two weeks.


Project Directory
Completed
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
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East M Street
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