Since January, 2003
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April 29, 2007
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From the Post's DC Wire blog: "City officials are close to finalizing a deal to build a new convention center hotel without having to secure an additional hundreds of millions of dollars in public financing, officials said today. Under the framework of the agreement, the city and the convention center authority will put up an additional $80 million. The city earlier had pledged $187 million for the project, which has languished due to tight credit markets. The rest of the money for the $537 million project will come from private sources. Frustrated that the hotel project had yet to break ground, convention center and D.C. Council members began exploring earlier this month whether the city could secure full public financing for the project. They argued the city was losing convention business to neighboring jurisdictions. But Chief Financial Officer Natwar M. Gandhi, who was worried about the District breaching its debt limit, helped broker a deal in which Capstone Development will team with ING to secure private financing, sources said. The project is slated to be a 1,167 Marriott Marquis, which would be one of the city's largest hotels."
More here. Now to wait and see where that extra $80 million will come from...
UPDATE: WBJ reports on the near deal, which includes this: "The developers and key members of the D.C. Council began considering alternatives and Thursday said they had found one. In it, the Washington Convention Center Authority would contribute an $80 million loan -- a far smaller price tag than the mayor proposed -- and the developers would raise their equity participation from $135 million to $320 million with the backing of ING Clarion Real Estate Investment, the U.S. subsidiary of ING Real Estate and one of the city's largest property owners."
UPDATE II: The Examiner's story, with this morsel: "Evans, chairman of the Finance and Revenue Committee, said he hoped to forestall the 'hysteria' of people thinking their projects were being eliminated. No projects will be dropped, he said. 'We're heading in the completely opposite direction,' he said."
UPDATE III: And the Post's for-print-publication version of their article, with a slightly less snarky Evans quote: "In recent days, some community and political leaders became concerned when the Washington Business Journal published a story suggesting that some development projects would have to be scrapped so the hotel could be built without exceeding the city's debt limit. Evans said the prospect of full public financing appears to have motivated the developers into putting up the equity so they could gain more of the profits. 'It caused everyone to focus, step up and get it done,' said Evans, who added that he hopes the council will vote on the proposal next month so construction can begin in the fall."
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Mark_M says: (6/18/09 9:51 PM)
Does this now mean that the convention center hotel will now NOT be "taking" money from the Near SE projects as earlier thought?


Joe in DC says: (6/19/09 9:13 AM)
Mark that seems to be the case. Ahhhhh... now that is what I call a creative solution to a pesky financial problem. Lets be frank here, there was no "hysteria" as our esteemed council member Evans has been publicly quoted. Its called citizen action. Shocker!!! Who knew?

Had not the citizens of this city with a vested interest in the Near S.E/Navy Yard & the S.W. Waterfront put the council on notice that we were not going to quietly stand by while our interests were trampled on, the outcome may have been very different. The stakes are too high and the possibility that a dreadful outcome could have occurred is too real. Hysteria-schmeria! It is our right and our duty to stand up and have our voices heard. It is interesting how quickly the council and developers were able to come up with the necessary financing for the hotel once they got caught with their hands in the cookie jar. They wanted an easy and expeditious solution to building the new hotel and were willing to do it at our expense.

Folks, we may have other tricky issues ahead of us (hopefully not), but we must be willing to fight for the type of community we have been sold. The Near S.E/Navy Yard and neighboring S.W Waterfront is poised to be the envy of the city and I for one will do my part to ensure that it is. Thank you to all of you who got involved on this issue and most of all, thank you JD for your tireless efforts on behalf of the Near S.E.

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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  
100 B/O L ST SE   THEFT F/AUTO
 05/15/15
200 B/O I ST SE   THEFT
2nd Degree
 05/15/15
1000 B/O 7TH ST SE   THEFT F/AUTO
 05/12/15
70 B/O I ST SE   THEFT
Theft 1st Degree
 05/09/15
1100 B/O 2ND ST SE   MOTOR VEHICLE THEFT
Unauthorized Use Of Vehicle
 05/05/15
UNIT B/O I ST SE   BURGLARY
2nd Degree Burglary (Armed Or Otherwise)
 05/02/15
1000 B/O 8TH ST SE   THEFT F/AUTO
 05/01/15
1100 B/O NEW JERSEY AVE SE   THEFT
2nd Degree
 04/26/15
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2 (Theft F/Building)
 04/25/15
   THEFT
Theft 2 (Theft F/Building)
 04/23/15
400 B/O M ST SE   THEFT
2nd Degree
 04/22/15

Recent Issued Building Permits Archive  
1011 1ST ST SE   
05/14/15 
COLIN CLARK / MICHAEL BIANCO; COLIN CLARK; MITCH PERMUY
E98099105 / SUPPLEMENTAL
1200 1ST ST SE   
05/12/15 
FOREST CITY WASHINGTON / WILL TEASS / PE TEASS - WARREN ARCHITECTS; WILL TEASS TEASS
BCIV1500073 / CONSTRUCTION
INSTALLATION OF EROSION SEDIMENT CONTROL FEATURES
1277 1ST ST SE   
05/15/15 
ANCHOR CONSTRUCTION
AH1500439 / CONSTRUCTION
EXCAVATION CATCH BASINS MANHOLE INSTALLATION SEWER ML TRENCH SEWER SERVICE LATERAL ABANDONMENT INSTALLATION OF VAULTS WATER LATERAL CONNECTION OVER 2 INCHES WATER SERVICE LATERAL ABANDONMENT WATER METER MANHOLE
1150 5TH ST SE   
05/04/15 
DISTRICT OF COLUMBIA / DOUGLAS FOSTER
D1500504 / CONSTRUCTION
SELECTIVE DEMOLITION FOR 49 500 SF.OF SPACE FOR DISTRICT OF COLUMBIA PUBLIC SCHOOL.
1007 8TH ST SE   
05/21/15 
CALLE OCHO LLC / ALAN W. CARTER
E1506005 / SUPPLEMENTAL
1015 HALF ST SE   
05/06/15 
HALF ST SE LLC / KRISTINA DELGADO
B1506055 / CONSTRUCTION
REVISION TO PERMIT NUMBER B1501688
   
05/12/15 
HALF ST SE LLC /
P1505751 / SUPPLEMENTAL
   
05/20/15 
HALF ST SE LLC / JOSEPH J FLYNN
E1505972 / SUPPLEMENTAL
1256 HALF ST SE   
05/05/15 
HALF STREET RESIDENTIAL PJV LLC / ANDREW WILLINGHAM BOHLER ENGINEERING; ANDREW WILLINGHAM
BCIV1500047 / CONSTRUCTION
PROPOSED ALLEY WORK WILL CREAT A 10' WIDE BENCH ON PRIVATE PROPERTY. WILL CASUE REGRADING AND RELOCATION OF EXISTING SHEETING AND SHORING.
82 I ST SE   
05/13/15 
GREYSTAR DEVELOPMENT GREYSTAR DEVELOPMENT / MARKO CZERKAS; GREYSTAR DEVELO GREYSTAR DEVELOPMENT; MITCH PERMUY
E77539507 / SUPPLEMENTAL
306 L ST SE   
05/14/15 
MICHAEL THOMPSON
B1507715 / CONSTRUCTION
FIRST EXTENSION TO PERMIT# B1311538 TO EXPIRE 10 / 17 / 2015
601 L ST SE   
05/05/15 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / EDUARDO L. LOPEZ
E1505414 / SUPPLEMENTAL
55 M ST SE   
05/21/15 
HINES GLOBAL REIT / JOHN GIUSEPPE-RAMCO
B1507922 / CONSTRUCTION
RENOVATIONS FOR EXPANSION OF 3RD FLOOR OFFICE SPACE GREAT MINDS AS SHOWN ON THE ATTACHED MECH. ELECT. FIRE PROTECTION DEMOLITION AND ARCH. DWGS. INTERIOR WORK ONLY. NO PLUMBING OR STRUCT. WORK INVOLVED.
80 M ST SE   
05/08/15 
WELLS REIT II 80 M STREET LLC / JOHN GIUSEPPE-RAMCO
B1504197 / CONSTRUCTION
RENOVATION TO 5TH FLOOR OFFICE SPACE TASC PHASE II AS SHOWN ON THE ATTACHED MECH. PLUMB. ELECT. FIRE PROTECTION DEMOLITION AND ARCHITECTURAL DWGS. INTERIOR WORK ONLY. NO CHANGE IN USE.
20 M ST SE   
05/05/15 
SOUTHEAST REALTY LLC / SAM HOLLEN RAMCO OF DC INC.
B1507131 / CONSTRUCTION
INTERIOR RENOVATION TO 7TH FLOOR OFFICE SPACE. PARTITIONS MECHANICAL ELECTRICAL AND LIFE SAFETY. BOOZ ALLEN HAMILTON
55 M ST SE   
05/04/15 
HINES GLOBAL REIT 55 M STREET LLC / GREGORIA G. ISRAEL
E1505446 / SUPPLEMENTAL
   
05/07/15 
UNKNOWN UNKNOWN / PATRICK BARRON; UNKNOWN UNKNOWN; ROBIN MALLEY
E92336177 / SUPPLEMENTAL
80 M ST SE   
05/12/15 
WELLS REIT II 80 M STREET LLC / RONNIE E WRIGHT
E1505712 / SUPPLEMENTAL
   
05/12/15 
WELLS REIT LI 80 M STREET LIC / FRED MILLER; WELLS REIT LI 80 M STREET LIC; DOMINIC TOTARO
AR28204267 / SUPPLEMENTAL
   
05/13/15 
WELLS REIT II 80 M STREET LLC WELLS REIT II 80 M STREET LLC / NEIL NUTWELL; WELLS REIT II 8 WELLS REIT II 80 M STREET LLC; NEIL NUTWELL
P21967258 / SUPPLEMENTAL
100 M ST SE   
05/07/15 
SQUARE 743 INC. / JOHN GIUSEPPE-RAMCO
B1506295 / CONSTRUCTION
RENOVATIONS TO EXISTING 8TH FLOOR OFFICE SPACE TECH-MARINE BUSINESS AS SHOWN ON THE ATTACHED THIRD PARTY REVIEWED AND APPROVED MECH. PLUMB. ELECT. FIRE PROTECTION AND ARCH. DWGS. BY KTA GROUP. INTERIOR WORK ONLY. NO CHANGE IN USE NO STRUCT. WORK.
   
05/08/15 
SQUARE 743 INC / ROB HOHL
P1505689 / SUPPLEMENTAL
   
05/08/15 
SQUARE 743 INC / GEORGE S OWEN
M1501845 / SUPPLEMENTAL
   
05/09/15 
SQUARE 743 INC / JOSE UMANZOR-ALVAREZ; SQUARE 743 INC; ROBERT LAWALL
E99685352 / SUPPLEMENTAL
   
05/13/15 
UNKNOWN UNKNOWN / PATRICK BARRON; UNKNOWN UNKNOWN; ROBIN MALLEY
E65875186 / SUPPLEMENTAL
   
05/21/15 
SQUARE 743 INC. / ANDREW ARNTSON; SQUARE 743 INC.; ANDREW ARNTSON
P90727311 / SUPPLEMENTAL
1201 M ST SE   
05/06/15 
WASHINGTON GAS LIGHT CO / BERNARD G KALB
E1505525 / SUPPLEMENTAL
909 NEW JERSEY AVE SE   
05/07/15 
909 NEW JERSEY AVENUE ACQUISITION LLC / MATT LOSIGNOR
P1505667 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE   
05/06/15 
NAVY YARD 10127312 / VELOCITY WIRELESS
AN1500153 / CONSTRUCTION
REMOVE AND REPLACE 3 EXISITING PANEL ANTENNAS
125 O ST SE   
05/04/15 
DC WATER / MARIA WILSON
B1507037 / CONSTRUCTION
AMEND PERMIT B1402631 TO CHANGE SOME INTERIOR PARTITION WALL LAYOUT.
   
05/06/15 
DISTRICT OF COLUMBIA / JAMES A. WILLIAMS
E1505521 / SUPPLEMENTAL
25 POTOMAC AVE SE   
05/15/15 
BARR CONCRETE
AH1500438 / CONSTRUCTION
AFTERHOURS TO POUR CONCRETE WITH PUMP TRUCK FROM 11PM 5 / 15 / 2015 TO 1159 PM 5 / 16 / 2015
1200 SOUTH CAPITOL ST SE   
05/14/15 
AMY PHILLIPS / MIKE YASEK
SB1500274 / CONSTRUCTION
FIVE 75-FOOT GEOTECHNICAL SPT SOIL BORINGS WILL BE PERFORMED WITH AN AUGER DRILLING RIG UTILIZING CONTINUOUS FLIGHT HOLLOW STEM AUGERS CREATING APPROXIMATELY 6-INCH DIAMETER BOREHOLES.
1230 SOUTH CAPITOL ST SE   
05/21/15 
PUBLIC STORAGE INSTITUTE FUND / BRAD FLEEGLE
AN1500143 / CONSTRUCTION
REPLACE 3 ANTENNA SUPPORT FRAMES INSTALL 3 ANTENNAS ? 3 RRUS ON EXISTING ROOFTOP.
1244 SOUTH CAPITOL ST SE   
05/11/15 
1244 SOUTH CAPITOL RESIDENTIAL L.L.C. / ROBERT S. WATTS
E1505679 / SUPPLEMENTAL
1500 SOUTH CAPITOL ST SE   
05/21/15 
JOHN GIUSEPPE / DONALD VEALS; JOHN GIUSEPPE; DONALD VEALS
E55177883 / SUPPLEMENTAL
301 WATER ST SE   
05/12/15 
FC LUMBER SHED LLC /
P1505749 / SUPPLEMENTAL
   
05/19/15 
LUMBER SHED LIC. / ROBERT WATTS; LUMBER SHED LIC.; ROBERT WATTS
E82501860 / SUPPLEMENTAL
355 WATER ST SE   
05/06/15 
FRIDAY NIGHT CONCERT SERIES / LINDSEY GORE
TN1500047 / CONSTRUCTION
SPECIAL EVENT FRIDAY NIGHT CONCERT 1 16 X 24 TENT NO GENERATORS 1 16 X16 STAGE
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  
1022 - 1109 M ST SE   03/27/15
$ 5,000,000
WASHINGTON HUMANE SOCIETY
 
9TH ST SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
POTOMAC AV SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
POTOMAC AV SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
POTOMAC AV SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
1103 9TH ST SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
1105 9TH ST SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
816 POTOMAC AVE SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
0819R L ST SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 


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