Since January, 2003
            
 (a random before-and-after moment)
March 22, 2007
October 5, 2015
4th at Virginia, Looking West-Northwest (see more)

Deeds have been recorded this afternoon indicating that the Ruben Companies has bought the two empty Exxon lots on South Capitol Street, at I Street SE and K Street SW.
The purchase of the 35,000-square-foot lot at South Capitol and I gives Ruben control of the entire block known as Square 697N; the company picked up the other 47,000 sq ft of the block back in 2009 after developer JPI defaulted on its loan for what was then the site of a Wendy's restaurant.
The other lot Ruben bought from Exxon, just south of the Capitol Skyline Hotel at South Capitol and K streets SW, is about 31,000 square feet and also gives the company control of that entire block, known as Square 648, after Ruben bought the other two lots in 2005 and 2007.
This now makes four sizeable sites that Ruben owns on this three-block stretch of South Capitol Street, since the company also owns 1100 South Capitol St. SE and 1101 South Capitol St. SW across the street, both of which are being marketed as office buildings.
The South Capitol and I Exxon closed down back in 2006, when the station's operator pleaded guilty to fradulently double-billing government contractors more than $120,000.
I don't know any more specifics about the sales at this point, and it's unlikely any buildings will be immediately sprouting on either site. But it is yet another bit of commercial development news that would seem to indicate that the worst of the downswing is past.
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MJM says: (7/5/11 11:28 PM)
Guess that is good news but now they can say they own them and do nothing with them for X # of years now. Hopefully they actually bought the land with an intent to build something on them. This financial crisis excuse is getting old going on three years especially in this area. Maybe we can get the companies west of the river to buy and develop since they have no problem doing that along the Orange Line unlike our companies here who can't seem to build or lease their projects. Just had to vent.


monkeyrotica says: (7/6/11 8:10 AM)
Most gas station sites are a nightmare to clean up. They're almost as bad as dry cleaners. I wouldn't look forward to any upscale eateries any time soon.


GaryRKarr says: (7/6/11 9:20 AM)
Word is they plan to put in a restaurant where the main supplies are sauerkraut, corned beef, swiss cheese and rye bread. Ruben's Reubens.


DC says: (7/6/11 9:45 AM)
MJM - your "vent" while perhaps sarcastic in nature illustrates a view devoid of reason and that is also representative of the type of "irrational exuberance" that assisted in creating the lending environment we have today - maybe going forward try thinking before venting

Gary - hilarious


NJA1000 says: (7/6/11 10:08 AM)
Are the gas stations classified as brownfields? If so, they could take a while to clean up before anything could be built on them.


MJM says: (7/6/11 1:44 PM)
DC - what I thought about is this: why are the companies that aren't present in Near-SE but are present in Arlington able to get finacing for projects in Arlington? The companies that rushed into the Near-SE land grab didn't have their books in order. FCE got hammered and just now coming back. Opus went under. Akridge - not sure what they are doing with their prime platforms. Monument's giant hole tied to Lehman. Cohen and the sculpture boxes and now rain garden (like the rain garden but that's sad you have to give land for a rain garden because you can't get money to build). We are stuck with companies in Near-SE that are still impacted by the crisis yet other parts of the city/region have companies that apparently weren't too impacted by the crisis and are building buildings like its 2007.

I would like to see companies be cautious but to buy the land and let it sit for 10 years and blame the crisis is just wrong at this point.


Alan says: (7/6/11 4:45 PM)
Well this explains the survey/property line posts and flags on the perimeter of the Wendy's lot. What I can't figure out is why DDOT removed the parking meters (concrete bases included) from Half between I and K. They also pulled the bases from the North side of I between Half and NJ Ave; the meters were never installed. Is residential parking being implemented?


jenniferp says: (7/11/11 4:25 PM)
MJM - rental rates in Arlington are going through the roof. It's the only submarket in the metropolitan area that has seen actual rent increases. These buildings under construction in Rosslyn are supposedly looking for rents in the $65+/sf range (and it may very well be higher). The Ballston project JBG has under construction only wants about $52/sf, but JBG had a tenant for one of the properties (Virginia Tech I think) and they started the project with all equity, thinking they could get debt financing after they finished the parking garage. Our rental rates for office in the new properties are in the low to mid $40's/psf which doesn't really justify new construction yet. Lerner's deal to fill his building with Bureau of Land Management was $34/psf, so at the moment he's losing a considerable amount of money on that building. We also have yet to attract "private" tenants, we're all pretty much GSA and associated contractors. They always have a lower rental threshold. I think GSA is currently capped at $48/psf in the District and after the SEC debacle, I don't think we'll see too much non-prospectus (needing Congressional approval) leasing for awhile. GSA leased a tremendous amount of space in the District over the last two years, out of the 3M SF of net absorption in 2010, they were reportedly responsible for about 2M SF of that and conventional wisdom (and the latest stats) say that gravy train is over.

Once they can get bank financing though, I'm sure they will start building again - developers are the ultimate optimists.

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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  
UNIT B/O L ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 02/03/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (theft From Building)
 01/31/16
900 B/O NEW JERSEY AVE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 01/29/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (theft From Building)
 01/19/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft First Degree (all Other Larceny)
 01/18/16
70 B/O I ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 01/11/16
800 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 01/10/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 01/09/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 01/09/16

Recent Issued Building Permits Archive  
1011 1ST ST SE   
02/06/16 
NA NA NA
EHOP1690325 / HOME OCCUPATION
1025 1ST ST SE   
01/20/16 
RUSS TYLER
PC38173572 / POST CARD
INSTALLATION OF NOT MORE THAN 1 NEW AIR CONDITIONING UNIT UP TO A MAXIMUM OF 10-TONS OF EQUIVALENT REFRIGERATING EFFECT.
1277 1ST ST SE   
02/04/16 
BALLPARK RESIDENTIAL LLC / MILLER&LONG MILLER&LONG
AH1600342 / CONSTRUCTION
AFTERHOURS TO POUR AND FINISH CONCRETE FROM2 / 3 / 2016 TO 3 / 3 / 2016 FROM 5AM TO 9PM. BUILDING PERMIT B1403488
1300 4TH ST SE   
02/05/16 
FC 1346 LLC / MELISSA DIAZ DFM DEVELOPMENT
SH1500076 / CONSTRUCTION
SUPPORT OF EXCAVATION FOR DEVELOPMENT AT 1300 4TH ST SE.
1240 12TH ST SE   
01/22/16 
AECOM TECHNICAL SERVICE
B1603969 / CONSTRUCTION
EXTENSION OF EXISTING PERMIT B1503361. TO EXPIRE 6.14.16
82 I ST SE   
01/29/16 
JOHN MORIARTY & ASSOCIATES OF VIRGINIA / KTT PERMIT EXPE LLC
AH1600329 / CONSTRUCTION
CONTRACTOR TO PERFORM BRICK MASONRY WORK ON EXTERIOR OF BUILDING. SUNDAYS ONLY - 9AM TO 5PM - 1 / 31 / 16 2 / 7 / 16 2 / 14 / 16 AND 2 / 28 / 16.
   
01/29/16 
CSX TRANSPORTATION INC / DANIEL M. NARH
P1603168 / SUPPLEMENTAL
317 L ST SE   
01/21/16 
NA NA NA
EHOP1690275 / HOME OCCUPATION
50 M ST SE   
02/05/16 
KCG 50 M LLC / OWENS TECHNOLOGIES INC
AH1600352 / CONSTRUCTION
AFTER HOURS PERMIT TO ALLOW THE FINISHING OF NEWLY PLACED CONCRETE FROM THE END OF THE NORMAL WORK DAY UNTIL 12AM UNDER PERMIT B1501877.
55 M ST SE   
01/29/16 
HINES GLOBAL REIT 55 M STREET LLC / PEPCO PEPCO
AH1600334 / CONSTRUCTION
NIGHT WORK NECESSARY FOR CONSTRUCTION OF CONDUIT AND MANHOLES FOR SERVICE AT 1277 FIRST ST. SE TO PREVENT INTERFERENCE WITH DDOT PARKING GARAGE. PUBLIC SPACE PERMIT PA114427-R2.
   
02/03/16 
WILLIAM SNODDEY / JOSEPH SEMPER; WILLIAM SNODDEY; JOSEPH SEMPER
E22238682 / SUPPLEMENTAL
   
02/05/16 
HINES GLOBAL REIT 55 M STREET LLC /
P1603423 / SUPPLEMENTAL
80 M ST SE   
02/03/16 
REIT WELLS
PC63025208 / POST CARD
REPLACEMENT OR REPAIR OF NOT MORE THAN 10 EXISTING OUTLETS AND NOT MORE THAN 10 EXISTING LIGHTING FIXTURES FOR A RESIDENTIAL COMMERCIAL OR INDUSTRIAL PROJECT.
99 M ST SE   
01/21/16 
BALLPARK SQUARE 701 LLC / JOSEPH E RICHARDS
E1603127 / SUPPLEMENTAL
   
02/03/16 
BALLPARK SQUARE 701 LLC / JOSEPH E RICHARDS
E1603392 / SUPPLEMENTAL
100 M ST SE   
01/29/16 
PARSONS COMPANY / STANLEY-CSS
B1604162 / CONSTRUCTION
INSTALL MAGNETIC LOCK W / REX SENSOR REX BUTTON AND FIRE UNLOCK RELAY INTEGRATION AS REQUIRED UNDER IBC 1008.1.9.8
   
01/21/16 
MONUMENT REALTY MONUMENT REALTY / CLINTON PARKER; MONUMENT REALTY MONUMENT REALTY; PIERRE CHOUPO
AR80952153 / SUPPLEMENTAL
   
01/28/16 
CB RICHARD ELLIS / RONALD OTT; CB RICHARD ELLIS; RONALD OTT
E45568021 / SUPPLEMENTAL
   
02/01/16 
SQUARE 743 INC / LLOYD C LONDON
E1603304 / SUPPLEMENTAL
   
02/07/16 
C. B. RICHARD ELLIS INC. / NICHOLAS DODD; C. B. RICHARD ELLIS INC.; NICHOLAS DODD
E38474788 / SUPPLEMENTAL
202 M ST SE   
01/20/16 
UNITED STATES OF AMERICA / ; NORTEAST ELECTRIC
SG1600147 / CONSTRUCTION
INSTALL 2 SIGNS ON WALL 1-4'-10" X 10"-8" 1-2'4"X6'-9"
1244 SOUTH CAPITOL ST SE   
02/03/16 
1244 S. CAPITAL RESIDENTIAL LLC / ANDREW WILLINGHAM; NA; BRIAN WERRELL
BCIV1500117 / CONSTRUCTION
SITE GRADING FOR REDEVELOPMENT OF EXISTING PARKING LOT INTO 13 STORY MIXED USE RETAIL AND RESIDENTIAL BUILDING WITH 2 LEVELS OF SUBSURFACE PARKING. PROJECT ALSO PROPOSED STREETSCAPE IMPROVEMENTS AND SITE AMENITIES
   
02/05/16 
1244 SOUTH CAPITOL RESIDENTIAL LLC C/O THE JBG COMPANIES / PITTINGER-DUNHA CAPITOL PERMITS
FD1500123 / CONSTRUCTION
FOUNDATION-TO-GRADE ONLY UNDER THIS SUBMISSION. THIRD PARTY REVIEWED
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
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