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I attended my first-ever foreclosure sale this morning (yay...?), where the two lots at 23 I Street (the old Wendy's site) that JPI had purchased in 2007 for $28.6 million were to be auctioned off after JPI defaulted on its $25 million loan. However, there were no bidders for the 47,000-sq-ft piece of land (which doesn't include the Exxon next door), and so the property is now owned by Ruben Companies, which bought the original note from Key Bank earlier this year.
Ruben Cos. also owns the 1100 South Capitol lot (plus 1101 South Capitol, across the street and outside of my boundaries), and had at one point been working to purchase the St. Matthew's Church land at New Jersey and L before opting out.
The company has no plans to build anything soon on the 23 I lot--but if anyone's interested in renting the land for some interim entertainment use (a la Akridge's deal with the Bullpen on Half Street and even the trapeze school at the Yards), Ruben says they'd be willing to listen. Maybe the neighborhood could get a putt-putt course or something!
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Jeff Renter says: (10/13/09 11:34 AM)
Being a non-dog owner living in the Jefferson at Capitol Yards I can suggest that my fellow renters would probably LOVE a place to walk their dogs...and may even pay for it.

Other suggestions:

- An interim Canal Park skating rink
- "South Eastern Market" on the weekends (to complment Eastern market)
-Small childrens park to complement Garfield Park and put a "kid-friendly face" on Reuben Properties.
-




JT says: (10/13/09 1:05 PM)
I think in the interim they should open a Wendy's on that site.


Mike says: (10/13/09 3:15 PM)
Is there a min bid? I bid $1 for the land!


JD says: (10/13/09 3:17 PM)
Doesn't quite work that way, Mike! Besides, Ruben Cos. "started" the bidding at $5.5 million.


Actually Lives in Near SE says: (10/13/09 5:07 PM)
I will pay $.50 for the giant frosty on the roof! Love those things!!



Mike says: (10/13/09 6:08 PM)
I know :-p, but one can dream right?


G St says: (10/14/09 11:03 AM)
Putt-Putt for the fun of it!

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1300 4TH ST SE 1001   
02/22/21 
AP BOWER RETAIL LLC / null
E2104231 / SUPPLEMENTAL
1346 4TH ST SE APT 1M   
02/06/21 
null / NA NA NA
EHOP21945129 / HOME OCCUPATION
1331 4TH ST SE R-2   
02/08/21 
FC 1331 LLC / FC 1331 LLC
BP2101814 / POST CARD
10 I ST SE   
02/16/21 
CAPITOL HILL RACQUET CLUB / NA; VICTORIA STEINHOFF
SB2100112 / CONSTRUCTION
Installation of up to six (6) 3-inch diameter direct-push Geoprobe borings to depths of up to 30 feet below grade as part of an environmental assessment.
555 L ST SE   
01/29/21 
UNITED STATES OF AMERICA / RENNE WELL; RICK HARLAN SCHNEIDER
B2102004 / CONSTRUCTION
DGS PROJECT REHABILITATION+RESTORATION OF THE HISTORIC LINCOIN FIELDHOUSE
861 NEW JERSEY AVE SE 20003   
02/23/21 
809-853 NEW JERSEY AVE ACQUISITION LLC / SUSANA VAZQUEZ
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Dismantling of tower crane.
809 NEW JERSEY AVE SE   
02/11/21 
GREYSTAR GP LLC 809-853 NEW JERSEY AVENUE ACQUISITION LLC / null
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861 NEW JERSEY AVE SE   
02/05/21 
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1275 NEW JERSEY AVE SE   
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848 SOUTH CAPITOL ST SE   
02/16/21 
CXS TRANSPORTATION INC / VICTORIA STEINHOFF; TBD
SB2100111 / CONSTRUCTION
Installation of up to six (6) 3-inch diameter direct-push Geoprobe borings to depths of up to 30 feet below grade as part of an environmental assessment.
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;

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Project Directory
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Thompson Hotel ('20)
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