Since January, 2003
            
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June 28, 2007
New Jersey at L, Looking East (see more)

It's more than 100 pages of high finance and headache-inducing legalese, but nonetheless I've gotten my hands on the "Preliminary Official Statement" for what is expected to be a $29 million PILOT bond sale to fund a series of infrastructure improvements for future phases of the Capper/Carrollsburg redevelopment. (This is the document written for investors to help them decide whether or not to purchase the bonds.) If you want to know all about how these bonds are being structured (with monies from the Downtown TIF playing a part), this is the document for you. It also has some good background on the Capper project if you're just catching up.
But it also has a few tidbits on the current and projected path of some upcoming parts of the overall project, starting on page 19. Here are the items that are probably of most interest, with the usual caveats that no timeline is written in stone anymore:
* Financing for the second phase of Capitol Quarter is being negotiated and is expected to close in mid-2010. Development work would then begin in August, and vertical construction in November. (Phase 2 covers the blocks between Third and Fourth and I and M, and will contain 116 new for-sale townhouses and 47 public housing rental units.)
* All but five of the 121 CQ phase 1 townhouses have sold, and two of those are being held back as model units.
* Financing is "being negotiated" for the planned apartment building on the northern half of Square 882, the site that's been the subject of my recent posts on the Marines coveting the site as well. That financing is expected to close in late 2010 according to this document, with an expected completion date of the apartment building in April 2012.
This $29M bond sale is not the last one for Capper infrastructure; the city council approved a total of $55 million in bond funding back in 2006, and the document says that the city "expects" another bond issuance for the rest of the money, "though the timing of such issuance is currently uncertain" (page 10).
As for what exactly the monies will be funding, the document lays out the following (page 22), though this is for the entire $55 million, so it can't be said that this current $29 million offering will cover all this (which will bum out the people who see the phase "community center"). Some of this work would also happen on the streets surrounding Canal Park:
* Repairing and replacing underground water and utility lines;
* Repairing streets and streetscapes and adding landscaping;
* Demolishing the DPW building (and smoke stack!) at 900 New Jersey, relocating DPW's operations, environmental site remediations (remember, that site was operating as a trash transfer site as far back as 1905);
* Building I Street through to New Jersey Avenue; and
* Constructing the new community center at Fifth and K.
It's expected that the bonds will be "priced" this week, with the sale closing by the end of the month.
I hear rumors that DPW could be out of their site by next spring, as the search continues for a new home for their operations (and maybe is getting close to a resolution).
Comments (6)
   
 
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incognito says: (3/22/10 3:45 PM)
It is subtle and wonky, but the canalparkdc.org website now has on their homepage the three dimensional model of the park as released by Studios architecture in their drawings. Uncertain how long ago this change was made but I do think it looks great. Now we just have to continue pushing for construction to begin asap and no later than the advertised September 2010.


bt says: (3/22/10 3:54 PM)
47 public housing rental units???? WHY? Aren't there enough? Are we encouraging people to be losers? I want to do nothing and live in a brand new housing community!! where do i sign up? what are the qualifications?


JD says: (3/22/10 3:58 PM)
The public housing component is the only reason why Capitol Quarter is being built in the first place. The entire redevelopment got a Hope VI grant from HUD to replace 700 units of public housing in a new development with the same 700 units plus another 800 market-rate units. 300 of the units were already built in Capper Seniors #1 and 400 M. The rest will be in the Capitol Quarter townhouses and in the 5 mixed-income apartment buildings.



Michael says: (3/22/10 4:25 PM)
Canal Park... little surprise that the Web site's link to the building schedule it broken )


Kenny says: (3/23/10 11:18 AM)
Isn't I Street already built to New Jersey Avenue? Or is my memory already failing me...


JD says: (3/23/10 11:19 AM)
Not from the east. I stops at Second/Canal, then starts again at New Jersey.

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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  
1100 B/O NEW JERSEY AVE SE   SEX ABUSE
First Degree Sexual Abuse
 04/17/18
400 B/O M ST SE   THEFT
Shoplifting
 04/17/18
100 B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 04/17/18
UNIT B/O N ST SE   ROBBERY  04/14/18
100 B/O I ST SE   THEFT
Theft 2nd Degree (theft From Building)
 04/12/18
UNIT B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 04/12/18
1200 B/O 4TH ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 04/09/18
150 B/O L ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 04/07/18
1000 B/O 3RD ST SE   BURGLARY
Burglary One
 04/07/18
1200 B/O NEW JERSEY AVE SE   ROBBERY
Assault W/i To Commit Robbery (simple Assault)
 04/05/18
UNIT B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 04/01/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 03/31/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 03/28/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 03/28/18
300 B/O I ST SE   ASSAULT WITH A DANGEROUS WEAPON  03/25/18
UNIT B/O L ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 03/23/18
100 B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 03/23/18
UNIT B/O I ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 03/23/18

Recent Issued Building Permits Archive  
1331 2 ST SE   
04/02/18 
DISTRICT OF COLUMBIA / MARK HARLOW CLIFFORD
SB1800225 / CONSTRUCTION
Application for Well Abandonment Workplan Approval for the abandonment of 8 monitoring wells and 21 inclinometers at the Main Pumping Station site for the DC Water Clean Rivers Project, Division I, installed under Permit Number SB1400419.
1100 2ND PL SE   
04/19/18 
CAPPER CARROLLSBURG VENTURE, LLC / TAMIKA STATON; OTIS
EN1801710 / SHOP DRAWING
Install 1 New G2S 3500LBS @350FPM, Elevator 2; 13 Floors
   
04/19/18 
CAPPER CARROLLSBURG VENTURE, LLC / TAMIKA STATON; OTIS
EN1801712 / SHOP DRAWING
Install 2 New G2S Elevators - 3500LBS@35FPM Elevator 1, 12 Floors
1331 2ND ST SE 20003   
04/05/18 
DC WATER / DAVE LEVINE
AH1800744 / CONSTRUCTION
After Hours work for structure excavation in support of DC Water, Corrman Construction 301-343-5417.
1300 4TH ST SE   
04/17/18 
null / DONNA G GRAHAM
AH1800863 / CONSTRUCTION
WR #3476633-WARD 6-20003-VAETH / BRUNO - PEPCO CREWS WILL BE WORKING THE 1200 - 1300 BLK OF 4TH ST SE - INSTALLING NETWORK TRANSFORMER AND INSTALLING PRIMARY CABLES - STARTING THURSDAY 4 / 19 / 18 UNTIL 5 / 19 / 18 - MONDAY THRU FRIDAYS AT 10PM UNTIL 10AM AND ON SATURDAY AND SUNDAYS FROM 6AM TIL 8PM.
1346 4TH ST SE   
04/10/18 
ALAN OWINGS / ROBERT HENRY
AH1800796 / CONSTRUCTION
After Hours Permit for 04 / 16 / 18 from 9AM to 7PM to perform facade, interior unit framing and drywall work, and interior Mechanical, Electrical, Plumbing and Sprinkler Rough-In.
1346 4TH ST ST SE 20003   
03/28/18 
FOREST CITY / TYLER D BARRON
AH1800712 / CONSTRUCTION
After hours for 4 / 13 / 18 to 5 / 12 / 18. Work that is to be done is quiet work of window deliveries at 5:30AM to 7:00AM by use of tower crane
82 I ST SE   
04/02/18 
GDVC EYE STREET LLC / null
FB1800055 / SUPPLEMENTAL
150 I ST SE   
03/28/18 
null
E1805313 / SUPPLEMENTAL
   
03/29/18 
null / JOHN THOMSON 3018645080
E1805337 / SUPPLEMENTAL
300 M ST SE 400   
04/09/18 
FEDERAL CENTER LP / null
M1801970 / SUPPLEMENTAL
300 M ST SE STE# 400 20024   
04/05/18 
CHARLES SMITH / EUGENE AHNS 3012811497
E1805597 / SUPPLEMENTAL
300 M ST SE STE# 400   
04/12/18 
FEDERAL CENTER LP / null
P1805161 / SUPPLEMENTAL
140 M ST SE   
03/26/18 
SQUARE 742 LLC / null
P1804630 / SUPPLEMENTAL
300 M ST SE   
03/26/18 
FEDERAL CENTER LP / JERRY BETHEA
M1801846 / SUPPLEMENTAL
401 M ST SE   
04/03/18 
TETRA TECH C/O DOEE / JESSICA REICHARD
AH1800767 / CONSTRUCTION
After hours permit for manhole access to complete inspections for DOEE Anacosta River Sediment clean up project, work hours between 7pm and 7am Monday thru Friday. Rolling work zones for all manhole access under permit # PA10374319-R1
800 NEW JERSEY AVE SE   
04/05/18 
SQUARE 737 LLC / null
P1804974 / SUPPLEMENTAL
   
04/09/18 
SQUARE 737 LLC / null
E1805700 / SUPPLEMENTAL
861 NEW JERSEY AVE SE   
04/02/18 
CONSOLIDATED RAIL CORPORATION / NA CSX TRANSPORTATION, INC.
AH1800715 / CONSTRUCTION
Work in public ROW within the Virginia Avenue Tunnel Reconstruction Project LOD for utility, demolition, and concrete structure construction activities.
   
04/11/18 
CONSOLIDATED RAIL CORPORATION / DEVIN MURDOCK
SB1800265 / CONSTRUCTION
Drill 8 borings to 40ft. Convert 4 borings into 1" temporary wells, collect groundwater from each well and abandon borings.
1100 NEW JERSEY AVE SE   
04/18/18 
null
E1805988 / SUPPLEMENTAL
1115 NEW JERSEY AVE SE   
04/17/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / GARY BRENT; BRENT
SG1800260 / CONSTRUCTION
Install 1 illuminated wall sign, 1 illuminated window sign and 1 window vinyl decal sign - Peets Coffee
1100 NEW JERSEY AVE SE 5TH FL   
04/19/18 
SQUARE 742 LLC / DOMINIC E TOTARO 301-725-1998
M1802089 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE   
04/13/18 
SQUARE 742 LLC / CLIFFORD DIXON
B1804348 / CONSTRUCTION
INTERIOR RENOVATIONS TO OFFICE SPACE ON THE 5TH FLOOR. **DEMOLITION, LEVEL 2 ALTERATION
   
04/19/18 
SQUARE 742 LLC / PEDRO C. CASTILLO 3019219056
E1806025 / SUPPLEMENTAL
   
04/19/18 
SQUARE 742 LLC / null
E1806015 / SUPPLEMENTAL
1115 NEW JERSEY AVE SE   
04/06/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / ACCUPERMIT LLC AS AGENT
B1803009 / CONSTRUCTION
Interior alterations for new tenant in existing commercial space to include partitions, mill work, electrical and plumbing fixtures, flooring and wall coverings, dining area furniture and kitchen equipment for a A-2 restaurant with 49 proposed occupancy.
125 O ST SE   
03/29/18 
DISTRICT OF COLUMBIA / JAMES M. HALLER
P1804624 / SUPPLEMENTAL
   
04/09/18 
DISTRICT OF COLUMBIA / TAMIKA STATON; OTIS
EN1801762 / SHOP DRAWING
I New G2S Elevator - 3500LBS @ 200FPM (7 Floors)
   
04/09/18 
DISTRICT OF COLUMBIA / TAMIKA STATON; OTIS
EN1801763 / SHOP DRAWING
Install 1 New G2S Elevator - 3500LBS @ 200FPM (6 Floors)
   
04/09/18 
DISTRICT OF COLUMBIA / TAMIKA STATON; OTIS
EN1801761 / SHOP DRAWING
Install 1 New G2S Elevators 4000LBS @ 200FPM (7 Floors)
71 POTOMAC AVE SE 20002   
04/19/18 
null / STEVE GRIFFIN
BP1802939 / POST CARD
71 POTOMAC AVE SE   
03/26/18 
FORIDA ROCK PROPERTIES INC / null
BCIV1800074 / CONSTRUCTION
This permit is for rough grading and erosion and sediment control civil work associated with the temporary parking lot, relocation of the dog park and construction staging area on the undeveloped portion of the lot.
   
04/17/18 
RIVERFRONT HOLDINGS I LLC / JUSTIN BELLOW
FD1800020 / CONSTRUCTION
Foundation only for new residential building
227 TINGEY ST SE   
03/28/18 
UNITED STATES OF AMERICA / ERICKA CLARK
AH1800760 / CONSTRUCTION
significant concrete pours and tower crane erection 5AM - 7AM and 7PM - 10:00PM
   
04/12/18 
UNITED STATES OF AMERICA / STEPHEN J. EXELBERT
P1805022 / SUPPLEMENTAL
300 TINGEY ST SE   
04/12/18 
MERCURY LLC / WILL TEASS
B1803433 / CONSTRUCTION
INTERIOR FIT-OUT / EXTENSION OF EXISTING TENANT SUITE (APPROVED UNDER B1605215) INCLUDING NEW MECHANICAL AND ELECTRICAL WORK. **LEVEL 2 ALTERATION
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
Agora ('18)
1221 Van ('18)
District Winery ('17)
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)


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