Since January, 2003

Ad by HillAds
 (a random before-and-after moment)
July 29, 2004
May 2, 2013
2nd (West) at M, Looking East (see more)

From the Examiner, at the very end of an article about the mayor's amended 2010 budget (which "slashes previously approved earmarks, hikes fees, and eliminates numerous capital projects to close a projected $150 million shortfall"): "And the mayor is seeking council permission to spend $85 million on the outright purchase of 225 Virginia Ave. SE, an empty, 421,000-square-foot warehouse that the city has leased for $546,000 a month since mid-2007. The Fenty administration, having ditched earlier plans to use the building, has failed to find anyone willing to take over the lease, which has now cost the city more than $13 million."
If you want to wander through the budget yourself, it's online. In the Fiscal Year 2010 Budget Support Amendment Act in the Nature of a Substitute*, there is on page 44 Subtitle X, "Purchase of 225 Virginia Ave. SE," with this wording, should the council choose to approve it: "[T]he Council approves the exercise by the Mayor of the purchase option contained in the District's sublease dated December 15, 2006 between Washington Telecom Associates, LLC, as sublandlord, and the District of Columbia, as tenant, for the real property located at 225 Virginia Avenue, S.E., known for tax and assessment purposes as Lots 21, 36, 37, and 831 in Square 766 (the "Property"), and the Mayor may enter into a contract to purchase the Property in an amount not to exceed $85 million, exclusive of the costs of settlement, subject to the availability of budgeted and appropriated funds."
Also, in Chapter 2 of the Agency Budget Chapters, on page 442, you'll find this: "Within the past year, the District twice reached tentative agreements with private entities to assign the District's rights and obligations with respect to unoccupied leased property at 225 Virginia Avenue, SE. In large part, due to the dramatic slowdown in real estate markets and, particularly, the scarcity of affordable credit for real estate transactions, the tentative agreements failed to result in the transfer of the District's lease for this building. The District now plans to prepare the building for a public purpose."
Right now I don't know anything more than this--don't know what plans the city has for the buildings, and don't know how excited the council is going to be to spend $85 million on it when cutting jobs and services elsewhere in the city's budget. But maybe there's some sort of accounting sleight of hand that my unbudgetary mind isn't familiar with. (Bonds? PILOT/TIF funds from projects elsewhere in the city? Bake sale?) The current assessed value for the four lots that make up the site is just a smidgen under $84 million.
If you want to stroll through the tales of this building back to the first news of the city's lease, you can read my previous 225 Virginia blog entries, and/or check out my project page with photos and links.
Comments (0)
 
 More About 225 Virginia/Old Post Plant/200 I

JDLand.com Home

Comments

MJM says: (7/19/09 3:55 AM)
Why do I have a weird feeling that given the way DC runs it govt that it will purchase the building, tear it down and then build something new on the same spot?


SomethingBetter says: (7/19/09 9:09 PM)
If the city plans to buy it and then sell it later for a profit, that makes sense.

I certainly hope they don't turn it into a city government building. The cost of renovation isn't figured into the $85M and who knows what other costs there are.

Also, the surrounding buildings will be mainly residential and not a good place to locate a municipal building


G St says: (7/20/09 10:49 AM)
JD - do you have photos from inside this tomb? Thx


JD says: (7/20/09 11:03 AM)
Nope, no pics from inside. Yet!


Scott says: (7/20/09 11:49 AM)
That building is like the Wonka factory recently. About two dozen kids or more on the "Mayor's Conservation Corps" enter every day, work on something (supposedly) for several hours, then leave. What are they doing? Does anyone know? I thought they might be cleaning out debris until I realized there haven't been any dumpsters being filled up outside.

Are they cleaning floors with toothbrushes? Wandering the halls?


Justin says: (7/20/09 2:25 PM)
Growing hydroponic ... things.


G St says: (7/20/09 4:20 PM)
Perhaps Mayor Fenty will be moving into this structure? Think of the parties he could hold there! (And only a short walk to Cornerocopia and 5 Guys).


Scott says: (7/20/09 4:40 PM)
Maybe growing hydroponic things in 225 VA Ave is Fenty's short-term solution to the DC budget crisis.


SomethingBetter says: (7/20/09 11:27 PM)
$85M to buy and $85M to renovate that building! There's got to be a better way to spend $170M of DC taxpayers money.

Hopefully the terrible conditions in lending wil save the city from itself.

Add a Comment:

Comments are closed for this post.

JDLand Comments RSS Feed

See All Current News Items | Full Blog Archive

 
 Top News
  
Tell readers about your apartment/house/item
for two weeks for $5.
Someone's looking for
what you're selling!
List it here.
Recent Comments:  
MJM on Community Center Groundbreaking: Too bad the new name wasn't a reflection of the area rather a housing development but guess it is a ...
JD on Community Center Groundbreaking: (And by the way, I've seen all those stories, and many more--it's the writing about them that I just...
ZoolanderANDtheBoYz on Community Center Groundbreaking: @JD, surgical bills-- no. Narcotics - a brother can hook you up with that.
conngs0 on Community Center Groundbreaking: Nice rendering. It even captures my future Audi R8 driving up the street! Seriously though, I thin...



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  
200 B/O L ST SE   THEFT F/AUTO /  07/30/14
L ST SE AND 2ND ST SE   THEFT F/AUTO /  07/30/14
70 B/O I ST SE   MOTOR VEHICLE THEFT /  07/29/14
70 B/O I ST SE   THEFT /  07/29/14
1100 B/O NEW JERSEY AVE SE   THEFT /  07/28/14
400 B/O K ST SE   THEFT /  07/24/14
1000 B/O 1ST ST SE   THEFT /  07/23/14

Active Public Space Permits Archive  
1011 1ST ST SE    Pepco Holdings Inc 
Issued
excavation; new  
 06/26/14
to
08/26/14
1331 2ND ST SE    Carlton Ray 
Assigned
paving; streetfixture; excavation  
 02/10/14
to
02/09/15
908 3RD ST SE    Rachel Frankel 
Issued
streetfixture; new  
 07/24/14
to
09/21/14
1026 3RD ST SE    Wash Gas & Light Co. 
Issued
excavation; new  
 06/26/14
to
09/04/14
1331 4TH ST SE    Forest City Forest City 
Issued
excavation; new  
 01/10/14
to
02/10/15
913 5TH ST SE    Wash Gas & Light Co. 
Issued
excavation; new  
 06/26/14
to
08/28/14
1100 - 1199 BLOCK 1ST ST SE    tom cash 
Issued
excavation; new  
 06/27/14
to
08/25/14
410 M ST SE    Pepco Holdings Inc 
Issued
excavation; new  
 07/11/14
to
09/08/14
880 NEW JERSEY AVE SE    WASHINGTON GAS 
Issued
excavation; new  
 07/28/14
to
09/26/14
301 TINGEY ST SE    Potbelly Sandwich Works LLC 
Issued
new  
 03/21/12
to
11/27/14

Recent Issued Building Permits Archive  
1011 1ST ST SE   
08/06/14 
TOLL DC LP / MITCH A. PERMUY
E1407892 / SUPPLEMENTAL
   
08/11/14 
TOLL DC LP / ALBERT J. PEARCE
FB1400108 / SUPPLEMENTAL
1259 1ST ST SE   
08/11/14 
CAPITAL RIVERFRONT HOTEL LLC / CAPITAL RIVERFR HOTEL LLC
AH1400636 / CONSTRUCTION
AFTER HOURS FOR PERMIT NUMBER B1401471 FOR 8 / 12 THROUGH 9 / 11 FROM 5AM TO 7PM MONDAY THROUGH SATURDAY.
1212 4TH ST SE   
08/07/14 
TAKOREAN / FVI 2020
B1410615 / CONSTRUCTION
REVISION TO TL1400052 TO INCLUDE OUTDOOR SUMMER GARDEN WITH 14 SEATS AND 7 TABLES.
1201 4TH ST SE   
08/12/14 
JBG/FEDERAL CENTER LIC / JIM CALABRESE
AN1400129 / CONSTRUCTION
PLEASE EXTEND PERMIT AN1300174 THIS IS THE FIRST EXTENSION AND PERMIT WILL BE VALID UNTIL 1 / 31 / 2015.
1212 4TH ST SE   
08/05/14 
FC 1212 LLC / THE YARDS
TL1400165 / CONSTRUCTION
FIRST TIME TENANT LAYOUT FOR NEW MANAGEMENT OFFICE 2ND FLOOR TOTAL OF 780 SQ FT RENOVATION LIMIT TO MECHANICAL ELECTRIC AND FIRE LIFE SAFETY ONLY
1331 4TH ST SE   
08/14/14 
F. C. 1331 LLC / FVI 2020
B1402843 / CONSTRUCTION
CONSTRUCTION OF A BRAND NEW 11 STORY BUILDING. THE BUILDING IN TOTAL IS 350 000 SQ FT. ADDING 327 RESIDENTIAL RENTAL UNITS 20 000 SQ FT. IN COMMERCIAL SPACE AND 3 BELOW GRADE PARKING LEVELS.
   
08/15/14 
CLARK CONCRETE
AH1400650 / CONSTRUCTION
AFTER HOURS TO POUR CONCRETE ON JOBSITE FROM 7AM TO 7PM FROM SUNDAY TO SATURDAY 8 / 15 / 2014 TO 11 / 15 / 2014
1000 5TH ST SE   
08/07/14 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / KIM MITCHELL CDKM CONSULTING LLC
FD1400029 / CONSTRUCTION
FOUNDATION TO GRADE TO INCLUDE UTILITIES
   
08/13/14 
UNITED STATES OF AMERICA /
FD1400132 / CONSTRUCTION
NEW FOUNDATION TO GRADE PERMIT FOR NEW COMMUNITY CENTER INCLUDING UTILITIES. REVISION TO FD1400029 TO REVISE STRUCTURAL DETAILS OF COLUMS.
   
08/20/14 
UNITED STATES OF AMERICA / BRUCE G. PICKETT
E1408304 / SUPPLEMENTAL
1015 HALF ST SE   
08/12/14 
HALF ST SE LLC / SAM HOLLEN RAMCO OF DC INC.
TL1400162 / CONSTRUCTION
INTERIOR TENANT LAYOUT OF 1ST FLOOR PERFORMANCE STUDIO SPACE AND OFFICE SPACE. PARTITIONS FURNITURE MECHANICAL ELECTRICAL AND LIFE SAFETY. CBS
   
08/15/14 
HALF ST SE LLC / ROBERT L HUNTER
M1402951 / SUPPLEMENTAL
   
08/16/14 
SAM HOLLEN / DONALD VEALS; SAM HOLLEN; DONALD VEALS
E83010192 / SUPPLEMENTAL
200 I ST SE   
08/08/14 
DANIEL RILEY / OMAR BIAGAS; DANIEL RILEY; JOHN BIAGAS
E47247428 / SUPPLEMENTAL
41 L ST SE   
08/20/14 
WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY (WMATA) / SAMIR ALQUTRI - GEOTECHNICAL SOLUTIONS INC.
SB1400402 / CONSTRUCTION
GSI PLANS TO DRILL 4 SOIL TEST BORINGS TO CONFIRM SOIL STRENGTH WITH A HOLLOW-STEM AUGER EQUIPPED WITH A SPLIT SPOON SAMPLER FOR THE SPT N-VALUE TESTS DOWN TO A MAXIMUM DEPTH OF 80 FEET BELOW EXISTING GRADES. ALL BORINGS WILL BE DRILLED TO THE MAXIMUM DEPTH OR AUGER REFUSAL WHICHEVER OCCURS FIRST. THE BORE HOLES DIMENSION WILL BE 3.25 INCHES AND SHALL BE GROUTED UPON COMPLETION.
601 L ST SE   
08/06/14 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / JOSEPH M MAGNOLIA
P1407161 / SUPPLEMENTAL
20 M ST SE   
08/06/14 
SOUTHEAST REALTY LLC /
P1407613 / SUPPLEMENTAL
100 M ST SE   
08/06/14 
SQUARE 743 INC /
P1407610 / SUPPLEMENTAL
   
08/16/14 
NORTHWOOD INVESTERS LLC / STANLEY HUBBARD; NORTHWOOD INVESTERS LLC; STANLEY HUBBARD
E14516088 / SUPPLEMENTAL
901 M ST SE   
08/14/14 
CARLTON RAY
AH1400642 / CONSTRUCTION
TO PERFORM TEMPORARY LANE CLOSURES
1201 M ST SE   
08/14/14 
CARLTON RAY
AH1400641 / CONSTRUCTION
TO PERFORM TEMPORARY LANE CLOSURES
1111 NEW JERSEY AVE SE   
08/12/14 
NJA ASSOCIATES LLC / COLIN CLARK
B1308085 / CONSTRUCTION
CONSTRUCT A NEW 13 STORY APARTMENT BUILDING WITH THREE BELOW GRADE PARKING LEVELS FIRST FLOOR RETAIL A PRIVATE SWIMMING POOL PROJECTIONS OF BAY WINDOWS 324 UNITS TO INCLUDE MECHANICAL PLUMBING ELECTRICAL AND ELEVATOR WORK.
1500 SOUTH CAPITOL ST SE   
08/04/14 
LIVE NATION / DAVID VEGA
AH1400629 / CONSTRUCTION
TO CLOSE OFF STREETS FOR LOADING AND UNLOADING OF STADIUM EVENTS 7PM - 7AM
300 TINGEY ST SE   
08/05/14 
FC BOILERMAKER LLC / PHILLIP B MOBLEY
M1402818 / 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




Blog/Home
Project Directory
Photo Archive
Event Photos
 
Nats Park
Food Map
What's New
History

 
Demolished Buildings
Historic Photos
Satellite Images
Timeline
 
About JDLand
Message JD
Advertise
Photo Use
 
     © Copyright 2014 JD.