* A reminder that tomorrow (Wednesday) at 10 am the DC Housing Authority is holding an official ribbon cutting and grand opening at Capitol Quarter
, Fourth and L, with the mayor expected to be in attendance. If the sun is out, I may use this as the motivation to finally get some updated photos of the construction, with the framing in block three (north of K between Fourth and Fifth) now well underway.
* The Post reports
on how the many new apartment buildings in the area are aggressively competing for tenants, with the new buildings in Near Southeast apparently leading the way: "The ones around Nationals Park, for instance, collectively have offered the deepest concessions since Delta started tracking rents 18 years ago. Some of those projects gave away the equivalent of four months' rent in concessions, which helps explain why effective rents in the District plunged 7.8 percent in June compared with a year ago. Without the ballpark area, rents fell 4 percent."
* From the BID
's newsletter last week: "Mark your calendars for September 19th for the FRONT Door Home Tour & Canal Park Picnic from 10 am - 2 pm. The FRONT Door Tour will feature a variety of unique residents' homes and highlight the Capitol Riverfront as a new residential neighborhood in DC. The event will include a community picnic at the future site of Canal Park
(located at intersection of M St., SE and 2nd St., SE) with food, music, and lawn games. The FRONT Door Tour will be free and open to the public. More information to come soon."
And, two items about off-topic projects by Near Southeast developers:
* Monument Realty
announced yesterday that its long-planned renovation of Potomac Place Tower
on Fourth Street in SW is now going to move forward. From their press release: "Monument Realty acquired the Potomac Place project in 2001 and in 2005 completed construction of a new, 302-unit condominium adjacent to the existing Potomac Place Tower, which was built in 1959. In 2003, Potomac Place Tower was designated a historic landmark by the District of Columbia and in 2005 the residents of Potomac Place Tower elected to convert the property to a condominium. Monument Realty's longstanding history and commitment to the project gave the new lender the confidence to retain its services for the completion of Potomac Place Tower."
* Forest City Washington has been selected
by the government of Puerto Rico as the program manager for the redevelopment of a 100-acre portion of San Juan's waterfront district. Residential, hotel, office, retail, public parks, and a marina--sound familiar
? (I don't think I mentioned that a few weeks ago the District selected Forest City as an advisor for the redevelopment of Poplar Point.)