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June 20, 2016
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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  
16 B/O M ST SE   ROBBERY  09/23/16
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/23/16
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/19/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/18/16
1200 B/O 1ST ST SE   ASSAULT WITH A DANGEROUS WEAPON  09/17/16
400 B/O M ST SE   THEFT
Shoplifting
 09/16/16
1100 B/O 5TH ST SE   THEFT
Theft First Degree (all Other Larceny)
 09/06/16
700 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 09/06/16
1200 B/O 1ST ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/04/16
UNIT B/O I ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 09/04/16
1400 B/O SOUTH CAPITOL ST   THEFT
Theft 2nd Degree (all Other Larceny)
 08/28/16

Recent Issued Building Permits Archive  
1233 1ST ST SE   
09/16/16 
NA BALLPARK HOTEL LLC / NORTHEAST ELECTRIC; NA BALLPARK HOTEL LLC; HOSSEIN ECONO SIGN INC.
SG1600390 / CONSTRUCTION
To Install four signs: -3 - Channel letters on Raceways -1- Blade Sign
1331 2ND ST SE   
09/19/16 
DC WATER / DC WATER; CORMAN CONSTRUCTION
AH1601056 / CONSTRUCTION
After hour work for structure excavation and support for building permit B1311474 DC Water, Corman Construction 202-863-0052
933 5TH ST SE   
09/12/16 
null / NA NA NA
EHOP16924112 / HOME OCCUPATION
1015 HALF ST SE   
09/14/16 
HALF STREET SE LLC HALF STREET SE LLC / DARIN PASQUALLE; HALF STREET SE LLC HALF STREET SE LLC; DARIN PASQUALLE
E24765056 / SUPPLEMENTAL
   
09/21/16 
HALF STREET SE LLC / 1015 HALF SE LLC; JOHN GIUSEPPE-RAMCO
B1610675 / CONSTRUCTION
Construction of elevator lobby and common corridors on the 7th floor as shown on the electronically submitted mechanical, electrical, fire protection, and arch. dwgs. Interior work only. No structural work involved. approx. 2275 sf.
1210 HALF ST SE   
09/07/16 
HINES GLOBAL REIT 55 M STREET LLC / MATT LOSIGNOR
P1609218 / SUPPLEMENTAL
75 I ST SE   
09/07/16 
99 I ST SE LP / 99 I ST SE LP; ECS MID-ATLANTIC, LLC C/O REBECCA RUSCHMAN
SB1600354 / CONSTRUCTION
We will perform 2 soil borings and 2 CPT cone soundings on the site. The 2 soil borings and 2 CPT soundings will be extended to depths on the order of 90 ft below the existing site grades. The borings and soundings will be perfroemd within the bounds of private property and will be drilled utilizing a 3.25-inch hollow stem, continuous flight augers and generate a 6-inch annulus. After the borings...
82 I ST SE   
09/09/16 
GDVC EYE STREET LLC / MITCH A. PERMUY
E1609957 / SUPPLEMENTAL
88 K ST SE   
09/07/16 
99 I ST SE LP 99 I ST SE LP / 99 I ST SE LP 99 I ST SE LP; ECS MID-ATLANTIC, LLC C/O REBECCA RUSCHMAN
SB1600355 / CONSTRUCTION
We will perform 2 CPT cone soundings on the project site within the bounds of private space. The CPT cones will be extende to a depth of 90 feet below the existing ground surface, utilizing a 4-inch diameter cone and generate a 4-inch annulus. After the soundings are completed they will be backfilled with bentonite slurry which has a consistency of two pounds bentonite powder to one gallon water.
80 M ST SE 400   
09/15/16 
WELLS REIT II 80 M STREET LLC / null
P1609454 / SUPPLEMENTAL
50 M ST SE   
09/15/16 
KCG 50 M LLC / KCG 50 M LLC ENGLEWOOD LLC; TRACIE CLAXTON; CLAXTON
SG1600460 / CONSTRUCTION
2 Wall mounted Signs - Reversed Channel Letter 2 small wall mounted plague
80 M ST SE   
09/09/16 
WELLS REIT II 80 M STREET LLC / PHILIP G DONNELLY
E1609959 / SUPPLEMENTAL
99 M ST SE   
09/16/16 
BALLPARK SQUARE 701, LLC SKANSKA COMMERCIAL DEVELOPMENT / BALLPARK SQUARE 701, LLC SKANSKA COMMERCIAL DEVEL
AH1601047 / CONSTRUCTION
Place concrete mat foundation slab. Before work hours - 3AM to 7AM on 9 / 19 / 2016 and 9 / 20 / 2016, if weather or jobsite delays prevail. Permit will only be needed / used for 1 of the 2 days. (Per ANC agreement "before hours work on ONE of the following days: either September 17, 19, or 20," & "to begin no earlier than 3:00 am" )
   
09/16/16 
BALLPARK SQUARE 701, LLC SKANSKA COMMERCIAL DEVELOPMENT / BALLPARK SQUARE 701, LLC SKANSKA COMMERCIAL DEVEL
AH1601048 / CONSTRUCTION
Place concrete at 99 M Street SE for mat foundation slab. Saturday 9 / 17 / 2016 concrete placement from 3AM to 7PM. (Per ANC agreement "before hours work on ONE of the following days: either September 17, 19, or 20," & "to begin no earlier than 3:00 am" )
100 M ST SE 4   
09/09/16 
SQUARE 743 INC / null
P1609322 / SUPPLEMENTAL
100 M ST SE   
09/20/16 
QUARE 743 INC / QUARE 743 INC; QUARE 743 INC; PHILIP HAUHN
E14003252 / SUPPLEMENTAL
202 M ST SE   
09/09/16 
UNITED STATES OF AMERICA / EBONY BROWN DC HUMANITIES AND ARTS COMMISSION
TN1600199 / CONSTRUCTION
SPECIAL EVENT 202 ARTS & MUSIC FESTIVAL 1 SL 250 24 X 32 STAGE
1100 NEW JERSEY AVE SE 845   
09/21/16 
SQUARE 742 LLC SPAULDING & SLYE C/O WC SMITH / SQUARE 742 LLC SPAULDING & SLYE C/O WC SMITH; WILLIAM SNODDY
B1612012 / CONSTRUCTION
Interior Renovation on the 8th Floor on behalf of Maxim Health 5,138 sqft
1100 NEW JERSEY AVE SE   
09/14/16 
SPAULDING AND SLYE SPAULDING AND SLYE / HALEY HUGGINS; SPAULDING AND SLYE SPAULDING AND SLYE; JOHNNY RILING
E39166644 / SUPPLEMENTAL
125 O ST SE   
09/19/16 
DISTRICT OF COLUMBIA / DC WATER HQ; DAVID FONTANA MSC
EX1600110 / CONSTRUCTION
Site grading and demo per erosion control plan only for future new DC Water HQ building under seperate permit.
1244 SOUTH CAPITOL ST SE   
09/19/16 
1244 SOUTH CAPITOL RESIDENTIAL LLC / RONALD C. CAYTON
E1610018 / SUPPLEMENTAL
385 WATER ST SE   
09/15/16 
FC 385 WATER LLC / EDUARDO L. LOPEZ
E1610139 / SUPPLEMENTAL
355 WATER ST SE   
09/14/16 
OLIVIA DARROW RAGNAR EVENTS LLC
TN1600198 / CONSTRUCTION
SPECIAL EVENT RAGNAR RELMAY WASHINGTON DC 2 20 X 20 TENTS 25 10 X 10 TENTS 1 30 X 40 TENT FENCING FOR BEER GARDEN
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
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 Capitol ('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
New Jersey Avenue
M Street
South Capitol Street
The Yards
Lower 8th Street
East M Street
Boathouse Row





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