Since January, 2003
            
 Sliding from Before to After

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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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  
1200 B/O HALF ST SE   ROBBERY  10/21/20
UNIT B/O K ST SE   THEFT
Theft First Degree (all Other Larceny)
 10/20/20
900 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 10/15/20
600 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 10/13/20
UNIT B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 10/12/20
1000 B/O 1ST ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 10/12/20
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 10/09/20
1000 B/O 8TH ST SE   ROBBERY
Armed Carjacking
 10/09/20
400 B/O M ST SE   THEFT
Theft 2nd Degree - Felony (theft From Building)
 10/07/20
900 B/O M ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 10/01/20
1000 B/O 3RD ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 09/30/20
UNIT B/O K ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 09/29/20
1100 B/O 2ND PLACE SE   ROBBERY
Assault W/i To Commit Robbery (simple Assault)
 09/28/20
1000 B/O 4TH ST SE   ROBBERY
Carjacking
 09/26/20
1200 B/O HALF ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 09/22/20
600 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/21/20

Recent Issued Building Permits Archive  
1108 3RD ST SE   
10/06/20 
JULIANA DUFFY / null
E2100156 / SUPPLEMENTAL
915 5TH ST SE   
10/14/20 
RYAN DANIELS / FERNANDO A ANGULO; RYAN DANIELS
B2012669 / CONSTRUCTION
Partial floor joists replacement on first floor. replace 6 feet height wooden fence and gate. add protective coating to partial foundation wall.
1031 5TH ST SE   
09/30/20 
CLARICE GEE / null
P2009304 / SUPPLEMENTAL
150 I ST SE   
10/09/20 
SQUARE 737 LLC / JASON D DORRIS
AH2100047 / CONSTRUCTION
Construction of a new 13 story apartment building with three below grade parking levels, 1st floor retail and amenity areas; 373 units and 181 parking spaces. To include mechanical, electrical, plumbing, elevators and structural work.
   
10/15/20 
SQUARE 737 LLC / BOB BIROONAK; BOB BIROONAK
SG2000458 / CONSTRUCTION
one directional double face non illuminated sign
100 M ST SE   
09/25/20 
LHREV WASHINGTON M STREET LLC / THUY LE; NA
B2010745 / CONSTRUCTION
Suite 950 - Interior alteration. Work is to include minor change in MEP and Fire. No Structure.
139 N ST SE   
10/08/20 
null
SH2000028-EXT-1 / CONSTRUCTION
Original Permit expires 4 / 15 / 2021, 1st extension expires 10 / 15 / 2021
861 NEW JERSEY AVE SE   
10/13/20 
CXS TRANSPORTATION INC / null
P2100338 / SUPPLEMENTAL
125 O ST SE   
10/02/20 
DISTRICT OF COLUMBIA / null
M2100033 / SUPPLEMENTAL
71 POTOMAC AVE SE   
10/15/20 
RIVERFRONT HOLDINGS II, LLC / OLUSOLA PYNE
B2100519 / CONSTRUCTION
Shipping Container placement on lot for exterior use.
227 TINGEY ST SE   
09/30/20 
FC 227, LLC / BRIAN QUINN
B2011139 / CONSTRUCTION
Conversion of apartment unit to model unit.
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
Completed
Thompson Hotel ('20)
West Half ('19)
Novel South Capitol ('19)
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New DC Water HQ ('19)
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Virginia Ave. Tunnel ('19)
99 M ('18)
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1221 Van ('18)
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Community Center ('16)
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Southeast Blvd. ('15)
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Parc Riverside ('14)
Twelve12/Yards ('14)
Lumber Shed ('13)
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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)


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