Since January, 2003
            
 (a random before-and-after moment)
July 14, 2005
June 3, 2019
2nd (East) at K, Looking South (see more)

Both the Washington Post and the Washington Business Journal (subscribers only) came out with stories this week chronicling the rise and fall and now re-rise of Monument Realty. They both describe Monument's high-flying ways during the real estate bubble of the early 2000s with "high-risk, high-return deals and an aggressive, cowboylike approach to development that rubbed the old guard the wrong way," followed by their near dissolution thanks to the collapse of their backer, Lehman Brothers. But thanks to some new deals around the region with different financing partners, Monument appears to be rebounding.
There's not been an announcement from Monument that I've seen, but the WBJ article says that Monument has signed the Federal Aviation Administration to a 55,000-square-foot lease at 55 M Street, which I believe would bring the building to about 90 percent leased. (At the time Monument announced their deal to lease 150,000 square feet to DDOT, they said the 275,000-square-foot building's office space was 70 percent leased.)
However, in detailing what it says are $500 million in new Monument projects around the Metro area leveraged from a $10 million deal with Atlas Capital Group, WBJ makes no mention of any intentions for construction to get underway on Monument's remaining Half Street plans just north of Nationals Park. The well-known hole in the ground, dug in 2007 when 55 M was built, is eventually supposed to be 330 residential units and a 200-room hotel, which you can see a rendering of on my project page or on Monument's Half Street web site. Monument also owns all of the land on the east side of South Capitol between M and N except for the self storage building, as well as the 50 M street lot on the northeast corner of Half and M.
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Sarah says: (1/31/11 1:54 PM)
Monument said the residential component will move first and could break ground by the end of the year if the team lands financing. The hotel would follow.


JD says: (1/31/11 2:02 PM)
Yes, I've heard that, but color me still somewhat leery of "if we get financing" verbiage, which has been the stock reply of pretty much all developers for three years now. There's a ton of projects not just in the neighborhood but all over the city that would gladly start by the end of the year if they get financing. Lending is loosening for sure, but that's still not an easy step.

(Not to mention, the ground technically is already broken. :-) )

That said, residential is most likely an easier sell to financial backers in this neighborhood than office, given how full the other new residential in the neighborhood all is.



Sarah says: (1/31/11 2:43 PM)
Yeah, that's why we didn't include it in the story - wasn't newsworthy at this point.

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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  
300 B/O K ST SE   THEFT
Theft 2nd Degree - Felony (all Other Larceny)
 08/23/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/22/19
1100 B/O 2ND PLACE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 08/21/19
300 B/O L ST SE   BURGLARY
Burglary One
 08/21/19
100 B/O M ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 08/20/19
1200 B/O SOUTH CAPITOL ST SE   ROBBERY  08/20/19
150 B/O L ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 08/18/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/15/19
700 B/O L ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/15/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 08/15/19
100 B/O M ST SE   THEFT
Theft First Degree (purse-snatching)
 08/14/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 08/14/19
500 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 08/14/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 08/12/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/07/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 08/06/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/06/19
800 B/O VIRGINIA AVE SE   THEFT FROM AUTO
Theft First Degree (theft From Motor Vehicle)
 08/05/19
UNIT B/O N ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/04/19
400 B/O M ST SE   THEFT
Shoplifting
 08/01/19
900 B/O 3RD ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/26/19
600 B/O M ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 07/25/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/25/19

Recent Issued Building Permits Archive  
1100 2ND PL SE   
08/06/19 
DC WATER / JEFF NOLD
AH1901095 / CONSTRUCTION
CCTV inspection of Sanitary Sewer sytem at the corner of 2nd Place and L Street SE.
808 3RD ST SE   
07/29/19 
LAURA R JENKINS / BRANDON K. VIERNES; BRANDON K. VIERNES
M1903669 / SUPPLEMENTAL
913 4TH ST SE   
08/07/19 
JANE SESSA / KYLE YOST; KYLE YOST
SOL1901388 / CONSTRUCTION
rooftop solar pv system, less than 4' above roof.
   
08/14/19 
JANE T SESSA / null
E1910482 / SUPPLEMENTAL
1331 4TH ST SE 719   
08/07/19 
null / NA NA NA
EHOP19936898 / HOME OCCUPATION
1346 4TH ST SE 20011   
08/16/19 
FC 1346 HOLDCO 1 LLC / null
E1910605 / SUPPLEMENTAL
312 K ST SE   
08/05/19 
HENRY LOWNDES MAURY TRUSTEES / null
E1910076 / SUPPLEMENTAL
   
08/07/19 
HENRY L MAURY / BJORN FALK; ANTHONY COLELLA
SOL1901686 / CONSTRUCTION
Install 6.54 solar PV system using 20 327-watt solar panels, roof mounted, with micro-inverters.
100 M ST SE   
07/29/19 
SQUARE 743 INC / KIM MITCHELL; MONUMENT REALITY
B1909745 / CONSTRUCTION
CONSTRUCTION OF OFFICE SPACE ON THE 7TH FLOOR - MULTI TENANT FLOOR IN AN EXISTING OFFICE BUILDING. THE SPACE IS IN SHELL CONDITION, NOT PREVIOUSLY OCCUPIED. THIS IS AN EXPANSION OF AN EXISTING TENANT ON THE 7TH FLOOR
   
08/06/19 
SQUARE 743 INC / PAUL THIEBERGER; PAUL THIEBERGER
P1908468 / SUPPLEMENTAL
   
08/16/19 
SQUARE 743 INC / BRIAN QUINN; NA
B1911537 / CONSTRUCTION
Interior renovation for new tenant in existing office space on partial area of the 9th floor.
300 M ST SE   
08/08/19 
FEDERAL CENTER LP / MIKE BOONE
AH1901148 / CONSTRUCTION
PEPCO-WO#15676746 / 02-ALLEN / CHESTER-CREWS WILL BE INSTALLING CABLE. 300 BLK M ST SE 400 BLK M ST SE 400 BLK TINGEY ST SE 1200 BLK 4TH ST SE THEY WILL BE TAKING PARKING LANE AND MIDDLE LANE M-F 11PM-7AM
800 NEW JERSEY AVE SE   
08/14/19 
NEW JERSEY AT H LLC / null
E1910458 / SUPPLEMENTAL
861 NEW JERSEY AVE SE   
08/07/19 
809-853 NEW JERSEY AVE ACQUISITION LLC / JOSEPH M MAGNOLIA; JOSEPH M MAGNOLIA
P1908508 / SUPPLEMENTAL
   
08/08/19 
GRAYSTAR GP 11,LLC / KIM MITCHELL
SH1900015 / CONSTRUCTION
Support of excavation for entire site for two below grade parking levels
   
08/14/19 
GRAYSTAR GP 11 LLC / MITCH A. PERMUY; MITCH A. PERMUY
E1910454 / SUPPLEMENTAL
   
08/14/19 
GRAYSTAR GP 11 LLC / MITCH A. PERMUY; MITCH A. PERMUY
E1910455 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE   
07/30/19 
SQUARE 742 LLC / null
P1908231 / SUPPLEMENTAL
   
08/06/19 
SQUARE 742 LLC / ;
P1908470 / SUPPLEMENTAL
   
08/06/19 
SQUARE 742 LLC / null
M1903804 / SUPPLEMENTAL
520 TINGEY ST SE   
08/12/19 
US GENERAL SERVICES ADMINISTRATION / JOHN WICKLIFFE; NA
TN1900153 / CONSTRUCTION
Install 100ft x 90ft Tent No Cooking, No Propane, No Stages, No Smoking Installed Aug 16, 2019 - Feb 9, 2020 Events Daily 8:00 am - 10:00 pm
227 TINGEY ST SE   
07/31/19 
UNITED STATES OF AMERICA / BILL SAUNDERS; BILL SAUNDERS
P1908289 / 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  
No commercial transaction records added or modified in the past two weeks.


Project Directory
Completed
Yards/Guild Apts. ('19)
Capper/The Harlow ('19)
New DC Water HQ ('19)
Yards/Bower Condos ('19)
Virginia Ave. Tunnel ('19)
99 M ('18)
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)


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





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