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.
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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   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
1200 B/O VAN ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/19/20
1000 B/O 1ST ST SE   THEFT FROM AUTO
Theft First Degree (theft From Motor Vehicle)
 09/16/20
100 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/16/20
200 B/O L ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 09/13/20
1000 B/O 3RD PLACE SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 09/13/20
UNIT B/O I ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/12/20
UNIT B/O I ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/10/20
1200 B/O 4TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/07/20
UNIT B/O M ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 09/04/20
1100 B/O 8TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/30/20
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/27/20

Recent Issued Building Permits Archive  
1300 4TH ST SE 130   
09/08/20 
ASANA PARTNERS / KEE HAN KIM; W. SAKIE - BHAR; NA
SG2000328 / CONSTRUCTION
Install one set of building sign and one set of double side blade sign
1331 4TH ST SE CU   
08/28/20 
FC 1331 LLC / null
P2008455 / SUPPLEMENTAL
   
08/31/20 
FC 1331 LLC / null
E2010801 / SUPPLEMENTAL
   
09/01/20 
FC 1331 LLC / null
P2008520 / SUPPLEMENTAL
150 I ST SE   
09/10/20 
SQUARE 737 LLC / SHON THOMAS
AH2001871 / CONSTRUCTION
Placing mobile crane on 2nd Street SE for hoisting materials to 150 I Street SE and closing sidewalk for pedestrian safety
300 M ST SE   
09/11/20 
FEDERAL CENTER LP / HOSSEIN HAMED; WILLIAM G ROSENBERG; NA
SG2000379 / CONSTRUCTION
INSTALL TWO BUILDING MOUNTED LED-ILLUMINATED SIGNS W / FACE LIT CHANNEL LETTERS ON BACKER.
861 NEW JERSEY AVE SE   
09/08/20 
0861 NEW JERSEY AVE / null
M2003711 / SUPPLEMENTAL
1299 NEW JERSEY AVE SE   
09/08/20 
BROOKFIELD PROPERTIES / TIM GOOD
BP2004497 / POST CARD
1013 O ST SE 20374   
09/14/20 
UNITED STATES OF AMERICA / JOHN BROWNING
SB2000494 / CONSTRUCTION
Install three temporary 1" groundwater monitoring wells down to 4' bsg in the basement of buildings 46 and 67 in the Washington Navy Yard for groundwater sampling. Wells will be removed less than 1 week following installation, and the voids will be filled with grout.
71 POTOMAC AVE SE   
09/03/20 
MRP REALTY / JUSTIN BELLOW
TL2000041 / CONSTRUCTION
1st time tenant fit out in new building
   
09/04/20 
RIVERFRONT HOLDINGS II, LLC / JUSTIN BELLOW
B2007457 / CONSTRUCTION
Revision to B1804337 to revise the location of IZ units.
520 TINGEY ST SE   
08/31/20 
U. S. GENERAL SERVICES ADMINISTRATION / JOHN WICKLIFFE
TN2000086 / CONSTRUCTION
Install 100ft x 90ft Tent No Cooking, No Propane, No Stages, No Smoking Installed on Aug 4, 2020 - Jan 29, 2021 Events Daily 8:00 am - 10:00 pm
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  
No commercial transaction records added or modified in the past two weeks.


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)
District Winery ('17)
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One Hill South ('17)
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ORE 82 ('16)
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Dock 79 ('16)
Community Center ('16)
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Southeast Blvd. ('15)
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Parc Riverside ('14)
Twelve12/Yards ('14)
Lumber Shed ('13)
Boilermaker Shops ('13)
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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