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Jonathan O'Connell of the Post has just sent out two tweets saying that the DC Housing Finance Agency and Forest City Washington have closed a deal to finance the affordable housing component of the Foundry Lofts project at The Yards, which will allow this stalled renovation of the old Building 160 (stopped in late 2008 when the original affordable housing financing fell through) to restart within the next two to three weeks. The building, when completed, will have 170 residential units, 34 of which are slated for tenants earning less than 50 percent of the area median income. The old industrial building, which will also get two new floors on top and will have 10,000 square feet of ground-floor retail, sits two blocks east of Nationals Park, between the US Department of Transportation headquarters and the soon-to-open Yards Park on the Anacostia River. My understanding has been that, once restarted, it will take about a year for the building to be finished.
UPDATE: Here's a WBJ story with more information on the bond financing that was pulled together, not only for the Foundry Lofts but other projects in the city that needed money to start and/or finish apartment projects with affordable housing.
UPDATE II: And here's the full WashPost story. And Forest City's press release.
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AJ says: (8/19/10 3:20 PM)
This is excellent news! Do you know if the 10,000sq ft of retail is the same space that Harris Teeter was looking at in the Yards Construction?


JD says: (8/19/10 3:22 PM)
No, 10,000 sq ft is nowhere near big enough for a grocery store. Harris Teeter is said to be going into the ground floor of a planned new-construction building on the southeast corner of 4th and M (401 M Street): link I wouldn't expect that building before 2013.


AJ says: (8/19/10 3:24 PM)
Ah ha! Thanks for the quick response JD. A man can hope though right? :)

Thanks again for all you do on this blog. As a Navy Yard/Riverfront resident for 2 years now, this site is a godsend!


JD says: (8/19/10 3:27 PM)
Next thing to watch will be whether this movement on the Foundry Lofts lights a fire under enough retailers interested in the Boilermaker Shops building just to the north to finally get enough signed commitments to get that project started. (They already have over 50%, I believe, but in this climate, that's not enough to secure construction financing.)


Katie B. says: (8/19/10 3:33 PM)
Would the Foundry Lofts be rentals?


JD says: (8/19/10 3:34 PM)
Yes, rentals. (DC-area shorthand is that usually "apartment building" means rentals, otherwise it'd be called a condo buildin.)


Genghis khan says: (8/19/10 3:50 PM)
I doubt it.


F says: (8/19/10 4:00 PM)
The Park at the Yards and this development should start getting retailers attention. Phase 2 at CQ will hopefully show signs of construction activity in a few weeks. Coupled with the nearing completion of the 1015 Half St, there are some positive developments happening in Near SE.


MJM says: (8/19/10 4:08 PM)
Nice! The folks that live in that spot will be in a great area by the end of next year with both the Yards Park completed and hopefully the Boilermaker (according to the Yards website end of 2011).


Sophiamonster says: (8/20/10 11:32 AM)
Is this still and P.N. Hoffman joint venture? I can't wait to see what those top units will look like.


JD says: (8/20/10 11:33 AM)
No, the PN Hoffman joint venture (presuming it's still on) is the Factory 202 lofts, in the old Gun Mount building at 5th and M. No timeline on that one.


BD says: (8/20/10 1:22 PM)
The only thing I've been able to find on the Factory 202 building is that the Capitol Riverfront website has updated the delivery date to "2015+". It's not apparent where they got that target date from, as the official Yards website is still showing 2011. Might want to take down those "Coming in 2011" banners...


MJM says: (8/20/10 2:10 PM)
The Yards webpage shows Phase 1 as 2012-2014 so 2015 is probably more of a realty. Either way, its gonna be a lot of slow growth until this pseudo double dip recovery ends.


JD says: (8/20/10 2:21 PM)
Or, you guys could just make it easier on yourselves, and assume that there are *no* estimated delivery dates for any project that hasn't had actual start of construction announced.

All dates you see anywhere are from another time and era. The best thing to do is to now consider everything at an equal we'll-see-it-when-we-see-it starting line. You can't even assume anymore that projects announced before 2008 will even go forward in their original incarnation. There are lots of pretty ideas and crossed fingers on development maps, but trying to divine when projects will be completed (and what they'll actually *be* when completed) is little more than a parlor game at this point.

(Sorry for the rant--just getting a bit exasperated with people continuing to try to figure out completion dates for any project that doesn't have announced funding. Any date a developer puts on their web site is more along the lines of "if you sign a lease or give us money to build, we can be done by x date." This isn't 2006 anymore....)

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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  
200 B/O VIRGINIA AVE SE   MOTOR VEHICLE THEFT /  07/10/14
900 B/O HALF ST SE   THEFT F/AUTO /  07/10/14
100 B/O M ST SE   THEFT /  07/09/14
4TH ST SE AND L ST SE   ROBBERY /  07/08/14
800 B/O POTOMAC AVE SE   THEFT /  07/07/14
300 B/O K ST SE   THEFT F/AUTO /  07/07/14
1100 B/O NEW JERSEY AVE SE   THEFT /  07/05/14
100 B/O L ST SE   THEFT F/AUTO /  07/04/14
1100 B/O 2ND PLACE SE   THEFT F/AUTO /  07/03/14
2ND PLACE SE AND I ST SE   THEFT F/AUTO /  07/02/14
70 B/O I ST SE   ROBBERY / GUN  07/02/14
200 B/O I ST SE   THEFT F/AUTO /  07/02/14
400 B/O M ST SE   MOTOR VEHICLE THEFT /  06/30/14
UNIT B/O M ST SE   THEFT F/AUTO /  06/30/14
70 B/O I ST SE   THEFT /  06/29/14

Active Public Space Permits Archive  
1011 1ST ST SE    Pepco Holdings Inc 
Issued
excavation; new  
 06/26/14
to
08/26/14
1331 2ND ST SE    Carlton Ray 
Assigned
paving; streetfixture; excavation  
 02/10/14
to
02/09/15
804 3RD ST SE    Maximiliano Villagra 
Issued
streetfixture; new  
 08/05/14
to
08/06/14
904 3RD ST SE    Janel Fitzhugh 
Issued
streetfixture; new  
 07/01/14
to
08/14/14
908 3RD ST SE    Rachel Frankel 
Issued
streetfixture; new  
 07/24/14
to
09/21/14
1026 3RD ST SE    Wash Gas & Light Co. 
Issued
excavation; new  
 06/26/14
to
09/04/14
1331 4TH ST SE    Forest City Forest City 
Issued
excavation; new  
 01/10/14
to
02/10/15
913 5TH ST SE    Wash Gas & Light Co. 
Issued
excavation; new  
 06/26/14
to
08/28/14
1100 - 1199 BLOCK 1ST ST SE    tom cash 
Issued
excavation; new  
 06/27/14
to
08/25/14
410 M ST SE    Pepco Holdings Inc 
Issued
excavation; new  
 07/11/14
to
09/08/14
800 NEW JERSEY AVE SE    Pepco Holdings Inc 
Issued
excavation; new  
 06/20/14
to
08/22/14
880 NEW JERSEY AVE SE    WASHINGTON GAS 
Issued
excavation; new  
 06/17/14
to
08/17/14
    WASHINGTON GAS 
Issued
excavation; new  
 07/28/14
to
09/26/14
1105 NEW JERSEY AVE SE    Wash Gas & Light Co. 
Issued
excavation; new  
 06/13/14
to
08/11/14
301 TINGEY ST SE    Potbelly Sandwich Works LLC 
Issued
new  
 03/21/12
to
11/27/14

Recent Issued Building Permits Archive  
1025 1ST ST SE   
07/26/14 
NA NA NA
EHOP1490737 / HOME OCCUPATION
1100 1ST ST SE   
07/15/14 
NA NA NA
EHOP1490710 / HOME OCCUPATION
1212 4TH ST SE   
07/11/14 
FC 1212 LLC /
P1406926 / SUPPLEMENTAL
   
07/14/14 
MIKE LENARD / BHAR; W. SAKIE BHAR
SG1400363 / CONSTRUCTION
INSTALL ONE SET OF BUILDING SIGN ON TO EXISTING BUILDING
1331 4TH ST SE   
07/09/14 
UNITED STATES OF AMERICA / RONALD C. CAYTON
E1406628 / SUPPLEMENTAL
1103 9TH ST SE   
07/25/14 
ICP PARTNERS POTOMAC 810 LLC / TALBERT DOWLING
E1407537 / SUPPLEMENTAL
1220 12TH ST SE   
07/16/14 
FAIRBANKS MORSE ENGINE / EVAN O'BRIEN/ D MCKEEVER SERVICES
B1409041 / CONSTRUCTION
INTERIOR ALTERATION TO EXISTING 2578 SF OFFICE SPACE. AFFECTED AREA LESS THAN 1000 SF TO CREATE DEMISING WALL AND MINOR ALTERATIONS TO PARTITION PLAN IN CONFERENCE AREA. MECHANICAL AND ELECTRICAL WORK INCLUDED.
326 L ST SE   
07/17/14 
NA NA NA
EHOP1490715 / HOME OCCUPATION
55 M ST SE   
07/16/14 
HINES GLOBAL REIT 55 M STREET LLC / TYRAN D. BRANNUM
E1407255 / SUPPLEMENTAL
20 M ST SE   
07/17/14 
SOUTHEAST REALTY LLC / JOHN GIUSEPPE-RAMCO
TL1400132 / CONSTRUCTION
FIRST TIME TENANT BUILDOUT FOR FAST FOOD ESTABLISHMENT - SUBWAY SANDWICH SHOP SEATING 41 AS SHOWN ON THE ATTACHED ARCH. MECH. PLUMB. ELECT AND FIRE PROTECTION DWGS. INTERIOR WORK ONLY.
55 M ST SE   
07/15/14 
HINES
B1409693 / CONSTRUCTION
INSTALL 6 AUTOMATIC DOOR OPERATORS LOCATED AT THE ELEVATOR LOBBIES BETWEEN THE 4TH-7TH FLOORS
901 M ST SE   
07/15/14 
CARLTON RAY
AH1400584 / CONSTRUCTION
TO PERFORM TEMPORARY LANE CLOSURES
1201 M ST SE   
07/15/14 
CARLTON RAY
AH1400585 / CONSTRUCTION
TO PERFORM TEMPORARY LANE CLOSURES
800 NEW JERSEY AVE SE   
07/14/14 
NEW JERSEY AT H LLC / COLIN CLARK
B1409654 / CONSTRUCTION
REVISION TO PERMIT #SH1400039 FOR A OWNERSHIP CHANGE
   
07/28/14 
WC SMITH CO. / COLIN CLARK
FD1400040 / CONSTRUCTION
FOOTINGS AND FOUNDATIONS TO GRADE FOR A FUTURE APARTMENT BUILDING
1000 NEW JERSEY AVE SE   
07/11/14 
CAPITOL HILL TOWER HOUSING COOPERATIVE INCF / RICHARD G. FINFROCK
P1406902 / SUPPLEMENTAL
   
07/11/14 
CAPITOL HILL TOWER HOUSING COOPERATIVE INCF / BRANDON K VIERNES
M1402531 / SUPPLEMENTAL
   
07/22/14 
CAPITOL HILL TOWER HOUSING COOPERATIVE INCF / DONALD R. MCGLYNN
E1407426 / SUPPLEMENTAL
1236 SOUTH CAPITOL ST SE   
07/11/14 
1244 SOUTH CAPITOL RESIDENTIAL LLC / GEOCAPITOL ENGINEERING LLC
SB1400340 / CONSTRUCTION
WE PROPOSE DRILLING THREE SIX-INCH DIAMETER GEOTECHNICAL TEST BORINGS USING THE HOLLOW STEM AUGER METHOD TO EVALUATE THE SUBSURFACE CONDITIONS. THE PROPOSED TEST BORING DEPTHS WILL BE 80 FEET BELOW THE EXISTING GROUND SURFACE. DRILLING EQUIPMENT WILL BE DECONTAMINATED BETWEEN EACH HOLE TO AVOID CROSS CONTAMINATION THROUGHOUT THE SITE. UPON COMPLETION THE GEOTECHNICAL TEST BORINGS WILL BE BACKFILLE...
1244 SOUTH CAPITOL ST SE   
07/11/14 
1244 SOUTH CAPITOL RESIDENTIAL LLC / GEOCAPITOL ENGINEERING LLC
SB1400341 / CONSTRUCTION
WE PROPOSE DRILLING TWO SIX-INCH DIAMETER GEOTECHNICAL TEST BORINGS USING THE HOLLOW STEM AUGER METHOD TO EVALUATE THE SUBSURFACE CONDITIONS. THE PROPOSED TEST BORING DEPTHS WILL BE 80 FEET BELOW THE EXISTING GROUND SURFACE. DRILLING EQUIPMENT WILL BE DECONTAMINATED BETWEEN EACH HOLE TO AVOID CROSS CONTAMINATION THROUGHOUT THE SITE. UPON COMPLETION THE GEOTECHNICAL TEST BORINGS WILL BE BACKFILLED ...
300 TINGEY ST SE   
07/23/14 
CM-YARDS LLC / DWIGHT SMITH
B1408815 / CONSTRUCTION
INSTALL OUTSIDE SEATING SUMMER GARDEN.
201 TINGEY ST SE   
07/11/14 
JBG COMPANIES / GEORGE DELGADO
B1409541 / CONSTRUCTION
ONE DAY SPECIAL EVENT FOR BMW SHOW--150 OCCUPANTS EXTERNAL GENERATOR RESTROOMS AND LIGHTING BAY DOORS TO REMAIN OPEN DURING FUNCTION
   
07/22/14 
JBG/SEFC 170 LLC / MICHAEL B. BELL
E1407422 / SUPPLEMENTAL
300 TINGEY ST SE   
07/10/14 
FORREST CITY AT THE YARDS / CRIS FLACK
TL1400123 / CONSTRUCTION
REVISION TO B1402734 FOR REVISIONS TO MECHANICAL AND ELECTRICAL SYSTEMS.
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;

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