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May 19, 2019
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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  
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/16/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 09/15/19
70 B/O I ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/15/19
1100 B/O NEW JERSEY AVE SE   THEFT
Shoplifting
 09/13/19
300 B/O M ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 09/13/19
400 B/O L ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/11/19
400 B/O M ST SE   THEFT
Shoplifting
 09/10/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/09/19
54 M ST SE   BURGLARY
Burglary Two
 09/07/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 09/05/19
400 B/O M ST SE   THEFT
Shoplifting
 08/30/19
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (theft From Building)
 08/28/19
500 B/O M ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 08/28/19
800 B/O VIRGINIA AVE SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 08/28/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 08/28/19
500 B/O L ST SE   ROBBERY  08/26/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/25/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/25/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/23/19
300 B/O K ST SE   THEFT
Theft 2nd Degree - Felony (all Other Larceny)
 08/23/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/22/19
1100 B/O 2ND PLACE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 08/21/19
300 B/O L ST SE   BURGLARY
Burglary One
 08/21/19
100 B/O M ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 08/20/19
1200 B/O SOUTH CAPITOL ST SE   ROBBERY  08/20/19

Recent Issued Building Permits Archive  
1346 4TH ST SE   
09/11/19 
FC 1346 HOLDCO I LLC / null
E1911472 / SUPPLEMENTAL
900 5TH ST SE   
08/30/19 
CAPPER CARROLLSBURG VENTURES, LLC / DFM DEVELOPMENT SERVICES, LLC
B1906215 / CONSTRUCTION
Reconstruction of 4-story residential building, the Arthur Capper Senior Center, damaged by fire.
200 I ST SE   
09/04/19 
DISTRICT OF COLUMBIA / ROGER L PEACE
BP1904525 / POST CARD
   
09/04/19 
DISTRICT OF COLUMBIA / ROGER L PEACE
BP1904526 / POST CARD
   
09/04/19 
DISTRICT OF COLUMBIA / ROGER L PEACE
BP1904529 / POST CARD
100 M ST SE 9TH FLOOR   
09/05/19 
SQUARE 743 INC / DAVID FLEMING; DAVID FLEMING
P1909280 / SUPPLEMENTAL
100 M ST SE   
09/05/19 
SQUARE 743 INC / FREDERICK S. DONHAM; FREDERICK S. DONHAM
P1909275 / SUPPLEMENTAL
ONE OPEN SITE DRAIN
250 M ST SE   
08/26/19 
null / ;
P1908962 / SUPPLEMENTAL
   
08/27/19 
SQUARE 769 LLC / STEVEN CHEN
AH1901196 / CONSTRUCTION
After hours permit is respectfully requested from 3am to 7am daily.
   
09/04/19 
SQUARE 769 LLC / JEFFREY D WOLF
AH1901226 / CONSTRUCTION
After hours permit respectfully requested from 3 am to 7 am daily.
410 M ST SE   
09/16/19 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / MICHAEL B. BELL; MICHAEL B. BELL
E1911625 / SUPPLEMENTAL
861 NEW JERSEY AVE SE   
08/26/19 
CSX TRANSPORTATION, INC / ; N/A; TBD
R1900100 / CONSTRUCTION
RAZE 1 STORY WOOD FRAMED STRUCTURE
1275 NEW JERSEY AVE SE   
08/23/19 
UNITED STATES OF AMERICA / ROBERT K WILLETT; ROBERT K WILLETT
E1910857 / SUPPLEMENTAL
   
09/03/19 
UNITED STATES OF AMERICA / PARKER HARRELL; PARKER HARRELL
SB1900287 / CONSTRUCTION
We propose to furnish and install fifteen (15) gravel packed wells, fourteen (14) around the perimeter, and one (1) at the elevator pit. We will also be installing 3 monitoring wells and potentially 5 contingency wells. We will only pump from up to 15 wells at a time. All wells will be located in a mutually agreed layout. The wells will be installed by advancing up to a 10.25 I.D. hollow stem auge...
125 O ST SE   
09/13/19 
DISTRICT OF COLUMBIA / FRED T FALCONE; JOSEPH SCRIBELLITO
SB1900423 / CONSTRUCTION
Soil borings to collect samples and installed a grouted in place vibrating wire piezometer approximately 30 feet below grade. Two geotechnical soil borings to 75 feet below grade, and 3 soil borings to 20 feet below grade with 5 feet of coring though buried foundations.
301 TINGEY ST SE C-1   
09/03/19 
SEFC 160, LLC / JEFF NOLD
AH1901221 / CONSTRUCTION
Work will occur on 3rd Street SE between Tingey St SE & Water St SE. We will be assessing and providing a CCTV inspection of a sewer line.
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
Novel South Capitol ('19)
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
New Jersey Avenue
M Street
South Capitol Street
The Yards
Lower 8th Street
East M Street
Boathouse Row





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