Since January, 2003
 (a random before-and-after moment)
February 3, 2005
May 2, 2013
2nd (East) at L, Looking East (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 (0)
 
 More About Capitol Riverfront BID

JDLand.com Home

Comments

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

Add a Comment:

Comments are closed for this post.

JDLand Comments RSS Feed

See All Current News Items | Full Blog Archive

 
 Top News
  
Recent Comments:  
JD on Tuesday Tidbits: I'm guessing when he reaches the end of the lineup on the blog (which is conside...
conngs0 on Tuesday Tidbits: Sadly I'll miss this, but I'll be interested to know of any favorites that have ...
JD on Tuesday Tidbits: Come to 100 Montaditos at about 1:30 today (Thursday, Jan. 29) if you want to to...
JD on Bonchon Buildout Progressing/Half: Speaking of Scarlet Oak, PoPVille has them saying mid-May:



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  
1300 B/O M ST SE   THEFT F/AUTO
Theft From Auto 1
 01/27/15
1200 B/O 4TH ST SE   THEFT
Theft 1st Degree
 01/26/15
70 B/O I ST SE   SEX ABUSE
2nd Degree Sexual Abuse
 01/25/15
1000 B/O 8TH ST SE   THEFT F/AUTO
 01/25/15
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2 (Theft F/Building)
 01/22/15
1100 B/O NEW JERSEY AVE SE   THEFT
2nd Degree
 01/20/15
400 B/O M ST SE   THEFT
2nd Degree
 01/19/15
1000 B/O 7TH ST SE   ASSAULT W/DANGEROUS WEAPON
Adw -- Knife
 01/15/15
1100 B/O NEW JERSEY AVE SE   THEFT
2nd Degree
 01/12/15
1000 B/O NEW JERSEY AVE SE   THEFT F/AUTO
 01/12/15
1100 B/O 5TH ST SE   THEFT F/AUTO
Theft From Auto 1
 01/05/15
100 B/O L ST SE   THEFT F/AUTO
 12/30/14

Active Public Space Permits Archive  
1331 2ND ST SE    Carlton Ray 
Assigned
paving; streetfixture; excavation  
 02/10/14
to
02/09/15
1331 4TH ST SE    Forest City Forest City 
Issued
excavation; new  
 01/10/14
to
02/10/15

Recent Issued Building Permits Archive  
1025 1ST ST SE   
01/13/15 
FRANCISCA OTERO
PC52706432 / POST CARD
INSTALLATION OF NOT MORE THAN 1 NEW AIR CONDITIONING UNIT UP TO A MAXIMUM OF 10-TONS OF EQUIVALENT REFRIGERATING EFFECT.
801 2ND ST SE   
01/22/15 
BAKER DC LLC / CHRISTINE LONG
AH1500209 / CONSTRUCTION
AN AFTER HOURS PERMIT IS RESPECTFULLY REQUESTED FORM 7:00 PM THRU 7:00AM
1201 4TH ST SE   
01/13/15 
JGB/FEDERAL CENTER LLC / JIM CALABRESE
AN1500018 / CONSTRUCTION
REPLACE 10 EXISTING ANTENNAS WITH 10 NEW ANTENNAS. PLEASE NOTE THAT THE TOTAL NUMBER OF ANTENNAS PER SECTOR / MOUNT WILL NOT EXCEED 5 PER DCRA CODE. THEREFORE NO OFFICE PLANNING LETTER IS REQUIRED. AS PER PLANS AS PER CODE.
1240 12TH ST SE   
01/14/15 
AECOM TECHNICAL SERVICE / ERIKA FERGERSON - CARROLL
B1503361 / CONSTRUCTION
CONTRACTOR TO PLACE CONSTRUCTION TRAILER ON PRIVATE PROPERTY LOCATED AT 1240 12TH ST SE PROPERTY.
82 I ST SE   
01/23/15 
RUSSELL WHITWORTH GREYSTONE / SHELDON WILLIAMS WILES MENSCH CORP; RUSSELL WHITWORTH
BCIV1400098 / CONSTRUCTION
RELOCATE A 12 INCH WATER LINE THIS SUMMER.
100 I ST SE   
01/24/15 
NA NA NA
EHOP1590258 / HOME OCCUPATION
125 L ST SE   
01/12/15 
SOK C REED ANN'S BEAUTY SUPPLY & WIG CO / PAPA-KWESI COLEMAN
B1501967 / CONSTRUCTION
CONVERTING A PORTION OF EXISTING BEAUTY SALON TO OFFICE FOR CERTIFICATE OF OCCUPANCY PURPOSES.
20 M ST SE   
01/12/15 
SOUTHEAST REALTY LLC / JOHN GIUSEPPE-RAMCO
TL1500021 / CONSTRUCTION
REVISION TO PLANS AND PERMIT TL1400132 SUBWAY SANDWICH SHOP AS SHOWN ON THE ATTACHED ARCH ELECTRICAL PLUMBING AND MECHANICAL DWGS. AND WRITTEN DESCRIPTION OF CHANGES BEING MADE. INTERIOR WORK ONLY. NO STRUCTURAL WORK INVOLVED. NO CHANGE IN SEATING CAPACITY STAYING AT 41.
50 M ST SE   
01/26/15 
ENGLEWOOD LLC / FVI 2020
SH1400087 / CONSTRUCTION
SHEETING AND SHORING ACTIVITIES RELATED TO CONSTRUCTION OF NEW HOTEL 11 ABOVE GRADE 1 STORY BELOW GRADE 195 HOTEL SUITES
100 M ST SE   
01/20/15 
SQUARE 743 INC / JOHN MCDONALD
P1502784 / SUPPLEMENTAL
   
01/14/15 
SQUARE 743 INC / MATTHEW WERT
P1502642 / SUPPLEMENTAL
   
01/20/15 
SQUARE 743 INC. / SAM HOLLEN RAMCO OF DC INC.
B1503542 / CONSTRUCTION
INTERIOR RENOVATION FOR 7TH FLOOR TENANT CORRIDOR. PARTITIONS DOORS MECHANICAL ELECTRICAL AND LIFE SAFETY.
861 NEW JERSEY AVE SE   
01/28/15 
CSX TRANSPORTATION / CSX TRANSPORTATION; INTERAGENCY CONSULTANTS; ; JUSTIN DONNELLY
BCIV1400064 / CONSTRUCTION
THE VIRGINIA AVENUE TUNNEL RECONSTRUCTION PROJECT WILL MODIFY THE EXISTING CSX OWNED-AND-OPERATED TUNNEL AND TRACKS IN SE WASHINGTON DC APPROXIMATELY FROM SOUTH CAPITOL STREET TO WATER ST SE AND UNDERNEATH THE EASTBOUND LANES OF VIRGINIA AVE SE.
909 NEW JERSEY AVE SE   
01/15/15 
SCARLET OAK / EVAN O'BRIEN/ D MCKEEVER SERVICES
TL1500002 / CONSTRUCTION
NEW TENANT LAYOUT FOR NEW 3754 SF RESTAURANT. PARTITION PLAN NEW COMMERCIAL KITCHEN BAR MILL WORK AND DINING AREA INCLUDED NO OUT SIDE SEATING ON THIS PERMIT.
1000 NEW JERSEY AVE SE   
01/12/15 
CAPITOL HILL TOWER HOUSING COOPERATIVE INCF / RICHARD G. FINFROCK
P1502547 / SUPPLEMENTAL
1111 NEW JERSEY AVE SE   
01/23/15 
DONOHOE DEVELOPMENT COMPANY / DANIEL M. NARH
P1502702 / SUPPLEMENTAL
25 POTOMAC AVE SE   
01/12/15 
RIVERFRONT HOLDINGS I LLC / DANIEL M. NARH
P1502450 / SUPPLEMENTAL
816 POTOMAC AVE SE   
01/13/15 
JAMES ANDERSON 818 POTOMAC AVE SE LLC / WILLIAM WESTERM FROEHLING AND ROBERTSON INC.
SB1400485 / CONSTRUCTION
5 SOIL BORINGS EIGHT INCHES IN DIAMETER TO DEPTHS RANGING FROM 40 TO 60 FEET. SOIL BORINGS WILL BE CONDUCTED IN THE PARKING LOT LOCATED ON THE EAST SECTION OF THE 816 POTOMAC AVE SE PROPERTY. HOLLOW STEM AUGER METHODS WILL BE USED TO CONDUCT THE SOIL BORINGS.
300 TINGEY ST SE   
01/23/15 
CM-YARDS LLC / DWIGHT SMITH; NONE
SG1400461 / CONSTRUCTION
INSTALL EXTERIOR SIGN ABOVE DOOR.
1301 WATER ST SE   
01/28/15 
EASTERN POWER BOAT CLUB / STANLEY HUBBARD JR
E90564415 / 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  
M ST   11/26/14
$ 2,000
LHREV WASHINGTON M STREET LLC
 
0770 M ST SE   11/14/14
$ 23,900,000
770 M STREET LLC
 


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 2015 JD.