Since January, 2003
            
 (a random before-and-after moment)
November 11, 2012
May 24, 2015
2nd (West) at Virginia, Looking Southwest (see more)

From the Examiner, a tally of the costs to the city of first renting and now purchasing the old Post Plant at 225 Virginia Ave., which it says will total $400 million from the original leasing of the building in 2006 through the end of the new 20-year lease with StonebridgeCarras: "The D.C. Council recently approved a 20-year, $174.4 million lease with developer StonebridgeCarras LLC, which will overhaul the property to house three government agencies. From the first rent payment in July 2007 to the end of the StonebridgeCarras deal, the District will have spent more than $274 million to lease, buy, renovate and lease the building again. Operating costs for 345,120 rentable square feet will be in the $6 million-a-year range, adding $120 million to the price tag."
There's no word yet on when renovations to the building will begin. If you want more background on the long and winding road of DC's dance with this building, you can read my archived posts.
Comments (2)
   
 
 More About 225 Virginia/Old Post Plant/200 I

JDLand.com Home

Comments

Jay says: (3/12/10 4:50 PM)
Wow.. $400 Million for that place. All of a sudden $670 million for Nationals Park doesn't sound that bad!


G St says: (3/15/10 11:21 AM)
DC Government's 'White Elephant Building' marches on...

Add a Comment:

Comments are closed for this post.

JDLand Comments RSS Feed


 More News


See All Current News Items | Full Blog Archive

 
 Top News
  

JES on Tuesday Tidbits: 80 cents per square foot??? Our particular unit in Velocity is around 52 or 53 c...
jdc on Tuesday Tidbits: Signage for Cava is up....it's weird though because it says Cava above one door ...
202_cyclist on Tuesday Tidbits: Here is a photo of the notice. https://www.flickr.com/photos/39603694@N03/23918...
202_cyclist on Tuesday Tidbits: There is a notice on the window of the vacant building at 716 L St SE (i.e. the ...
Message Board (beta)

Get JDLand Updates In Your Inbox!



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  
100 B/O M ST SE   ASSAULT WITH A DANGEROUS WEAPON  10/15/17
1000 B/O O ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 10/15/17
100 B/O I ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 10/13/17
300 B/O TINGEY ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 10/13/17
300 B/O TINGEY ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 10/11/17
900 B/O M ST SE   BURGLARY
Burglary Two
 10/09/17
100 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 10/07/17
500 B/O M ST SE   ASSAULT WITH A DANGEROUS WEAPON  10/02/17
100 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/30/17
300 B/O WATER ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/29/17
UNIT B/O N ST SE   THEFT
Theft First Degree (all Other Larceny)
 09/29/17
500 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/28/17
50 B/O L ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 09/28/17
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 09/28/17
1100 B/O NEW JERSEY AVE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/26/17
1000 B/O 2ND PLACE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/26/17
50 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 09/25/17
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 09/24/17
1100 B/O 8TH ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 09/24/17
1000 B/O 7TH ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/24/17
900 B/O 4TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/21/17
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 09/19/17

Recent Issued Building Permits Archive  
No records added or modified in the past two weeks.

Real Property Sales Archive  
No commercial transaction records added or modified in the past two weeks.


Project Directory
Completed
Insignia on M ('17)
F1rst/Residence Inn ('17)
One Hill South ('17)
Homewood Suites ('16)
ORE 82 ('16)
The Bixby ('16)
Dock 79 ('16)
Community Center ('16)
The Brig ('16)
Park Chelsea ('16)
Yards/Arris ('16)
Hampton Inn ('15)
Southeast Blvd. ('15)
11th St. Bridges ('15)
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)


Overviews
Capper/Carrollsburg
Anacostia Riverwalk
New Jersey Avenue
M Street
South Capitol Street
The Yards
Lower 8th Street
East M Street
Boathouse Row





                  © Copyright 2017 JD.