Since January, 2003
            
 (a random before-and-after moment)
December 7, 2008
September 30, 2018
South Capitol at L, Looking North (see more)

Rounding up the items on this week's agenda:
* Tonight is ANC 6D's monthly meeting. Alas, no agenda released yet, a common occurrence that should put them on Santa's "naughty" list.
* Tuesday through Friday is the BID's Holiday Market, running each day on Canal Park from noon to 6 pm, with live music from noon to 2. (If you're seeing activity at Second and M today, that's what it is.)
* Tuesday has the next Lower Eighth Street Visioning meetings, at 8:30 am and 7 pm at 535 8th St., SE. These sessions will "focus on best practice examples and build-out scenarios," and an agenda just mailed out by the BID (which is running the sessions) shows guest speakers Richard Lake of Roadside Development (the folks behind the redo of the O Street Market) and Wayne Dickson of Blake Real Estate. There's also an agenda item on "The Need for a Community Center."
* On Wednesday (Dec. 16) the BID is throwing a free Residents' Holiday Party at the Courtyard by Marriott, from 6:30 to 8:30 pm. They'll also keep the Holiday Market open an extra hour (until 7 pm) for residents, and there'll be live music.
* The BID is having its annual meeting on Thursday, with speakers Tommy Wells, Stan Kasten of the Nationals, and Christopher Leinberger, a walkable urbanism expert from the Brookings Institution. In previewing the event on the Breaking Ground blog last week, WBJ's Melissa Castro listed a series of stats about the Capitol Riverfront provided by Jones Lang LaSalle, including that the total office vacancy rate for the area through the third quarter is at 19.2 percent (though it's listed as being at 14.7 percent at the end of October in this subsequent WBJ article). It would have been nice, though, if she'd given @capitolhilldc credit (rather than just "a Twitter user") for the tweet about being the 24th person in line at the DOT Starbucks Thursday morning, which also brought a few fun responses when I retweeted it.
* ANC 6D07 rep Bob Siegel mentioned this at last week's ABC committee meeting, and it's confirmed in the city's land records: there are now 12 units occupied at Velocity.
Comments (8)
   
 
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Scott says: (12/15/09 8:48 AM)
Just 12 units occupied at Velocity? How does that compare with units sold, and are they still refusing to cut their prices?


JD says: (12/15/09 9:40 AM)
I think the last number I heard is that Velocity is 30% sold, which would be about 60 units out of 200.


LJ says: (12/16/09 7:59 AM)
It's definitely above 30% because FHA loans are now available (as of December 7). I think that the number of residents in the building will pick up sharply in January once all those FHA loans start getting processed.


LJ says: (12/16/09 7:59 AM)
It's definitely above 30% because FHA loans are now available (as of December 7). I think that the number of residents in the building will pick up sharply in January once all those FHA loans start getting processed.


Rick says: (12/16/09 9:27 AM)
I currently rent in the neighborhood and I spoke with my realtor over the weekend, she told me that Velocity isn't selling as well as expected and when I mentioned that magical 30%, she laughed. Hopefully they figure out something to get more folks buying into the area.


DG says: (12/16/09 1:14 PM)
Velocity has passed the 30% occupancy mark and are now able to accept FHA loans. I think sales will start picking up.


Capt Hill says: (12/16/09 1:34 PM)
Rick - now is the time to buy, prices are still reasonable, interest rates are low - and there is the $6,500 tax credit which disappears in April (or March?). I've been living in the Hood since the Navy brought me here in March of 2007. I got out of the Navy last year and we bought at CQ this year. We couldn't be happier: we qualified for the tax credit, 4.75% interest rate and the home prices are only going up.


lovethehood says: (12/17/09 12:08 PM)
Rick,

Don't believe everything your realtor says. LOL FHA would have never OKed their approval to Velocity without that "sold/occupied" number being legit. Also keep in mind & With a sales dept at the Velcoity your "realtor" makes no money if you were to buy at Velocity. So its not in their interest to steer you towards this type of investment/building. BTW, I close on my unit next month and I HAVE done my homework. ;) I hope you do find the place you're looking for. As Capt Hill mentioned, now is a great time to buy. Good Luck!

-I also rent in the neighborhood (Onyx).. At least for a little while longer...... :)

~LOVETHEHOOD

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Recent Crime Incidents Archive  
150 B/O L ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 08/18/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/15/19
700 B/O L ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
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400 B/O M ST SE   THEFT
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100 B/O M ST SE   THEFT
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 08/14/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 08/14/19
500 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
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400 B/O M ST SE   THEFT
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400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/07/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
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400 B/O M ST SE   THEFT
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800 B/O VIRGINIA AVE SE   THEFT FROM AUTO
Theft First Degree (theft From Motor Vehicle)
 08/05/19
UNIT B/O N ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/04/19
400 B/O M ST SE   THEFT
Shoplifting
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900 B/O 3RD ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
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600 B/O M ST SE   MOTOR VEHICLE THEFT
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400 B/O M ST SE   THEFT
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Recent Issued Building Permits Archive  
1100 2ND PL SE   
08/06/19 
DC WATER / JEFF NOLD
AH1901095 / CONSTRUCTION
CCTV inspection of Sanitary Sewer sytem at the corner of 2nd Place and L Street SE.
808 3RD ST SE   
07/29/19 
LAURA R JENKINS / BRANDON K. VIERNES; BRANDON K. VIERNES
M1903669 / SUPPLEMENTAL
913 4TH ST SE   
08/07/19 
JANE SESSA / KYLE YOST; KYLE YOST
SOL1901388 / CONSTRUCTION
rooftop solar pv system, less than 4' above roof.
   
08/14/19 
JANE T SESSA / null
E1910482 / SUPPLEMENTAL
1331 4TH ST SE 719   
08/07/19 
null / NA NA NA
EHOP19936898 / HOME OCCUPATION
1346 4TH ST SE   
07/24/19 
FC 1346 HOLDCO I LLC / null
P1908097 / SUPPLEMENTAL
1346 4TH ST SE 20011   
08/16/19 
FC 1346 HOLDCO 1 LLC / null
E1910605 / SUPPLEMENTAL
312 K ST SE   
08/05/19 
HENRY LOWNDES MAURY TRUSTEES / null
E1910076 / SUPPLEMENTAL
   
08/07/19 
HENRY L MAURY / BJORN FALK; ANTHONY COLELLA
SOL1901686 / CONSTRUCTION
Install 6.54 solar PV system using 20 327-watt solar panels, roof mounted, with micro-inverters.
100 M ST SE   
07/23/19 
SQUARE 743 INC / STEPHANIE ERWIN; ORR PARTNERS
B1912550 / CONSTRUCTION
Existing office. Interior alteration and repair to include electrical and mechanical work. All interior work, no exterior work in permit scope.
   
07/29/19 
SQUARE 743 INC / KIM MITCHELL; MONUMENT REALITY
B1909745 / CONSTRUCTION
CONSTRUCTION OF OFFICE SPACE ON THE 7TH FLOOR - MULTI TENANT FLOOR IN AN EXISTING OFFICE BUILDING. THE SPACE IS IN SHELL CONDITION, NOT PREVIOUSLY OCCUPIED. THIS IS AN EXPANSION OF AN EXISTING TENANT ON THE 7TH FLOOR
   
08/06/19 
SQUARE 743 INC / PAUL THIEBERGER; PAUL THIEBERGER
P1908468 / SUPPLEMENTAL
   
08/16/19 
SQUARE 743 INC / BRIAN QUINN; NA
B1911537 / CONSTRUCTION
Interior renovation for new tenant in existing office space on partial area of the 9th floor.
300 M ST SE   
08/08/19 
FEDERAL CENTER LP / MIKE BOONE
AH1901148 / CONSTRUCTION
PEPCO-WO#15676746 / 02-ALLEN / CHESTER-CREWS WILL BE INSTALLING CABLE. 300 BLK M ST SE 400 BLK M ST SE 400 BLK TINGEY ST SE 1200 BLK 4TH ST SE THEY WILL BE TAKING PARKING LANE AND MIDDLE LANE M-F 11PM-7AM
800 NEW JERSEY AVE SE   
08/14/19 
NEW JERSEY AT H LLC / null
E1910458 / SUPPLEMENTAL
861 NEW JERSEY AVE SE   
08/07/19 
809-853 NEW JERSEY AVE ACQUISITION LLC / JOSEPH M MAGNOLIA; JOSEPH M MAGNOLIA
P1908508 / SUPPLEMENTAL
   
08/08/19 
GRAYSTAR GP 11,LLC / KIM MITCHELL
SH1900015 / CONSTRUCTION
Support of excavation for entire site for two below grade parking levels
   
08/14/19 
GRAYSTAR GP 11 LLC / MITCH A. PERMUY; MITCH A. PERMUY
E1910454 / SUPPLEMENTAL
   
08/14/19 
GRAYSTAR GP 11 LLC / MITCH A. PERMUY; MITCH A. PERMUY
E1910455 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE 1ST FL   
07/23/19 
SQUARE 742 LLC / JAMES W LASHER; JAMES W LASHER
E1909662 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE   
07/26/19 
SQUARE 742 LLC / WILLIAM SNODDY; TBD
B1911194 / CONSTRUCTION
Tenant Finish Out. Existing Condition to be demolished and new office space built to tenant's standards. Office consists of open office and private offices.
   
07/30/19 
SQUARE 742 LLC / null
P1908231 / SUPPLEMENTAL
   
08/06/19 
SQUARE 742 LLC / ;
P1908470 / SUPPLEMENTAL
   
08/06/19 
SQUARE 742 LLC / null
M1903804 / SUPPLEMENTAL
520 TINGEY ST SE   
08/12/19 
US GENERAL SERVICES ADMINISTRATION / JOHN WICKLIFFE; NA
TN1900153 / CONSTRUCTION
Install 100ft x 90ft Tent No Cooking, No Propane, No Stages, No Smoking Installed Aug 16, 2019 - Feb 9, 2020 Events Daily 8:00 am - 10:00 pm
227 TINGEY ST SE   
07/31/19 
UNITED STATES OF AMERICA / BILL SAUNDERS; BILL SAUNDERS
P1908289 / 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  
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Project Directory
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