Since January, 2003
            
 (a random before-and-after moment)
January 27, 2007
April 17, 2016
South Capitol at O, Looking South (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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Recent Crime Incidents Archive  
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 05/22/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 05/21/18
300 B/O M ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 05/19/18
400 B/O M ST SE   THEFT
Shoplifting
 05/16/18
100 B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 05/16/18
400 B/O M ST SE   THEFT
Shoplifting
 05/15/18
900 B/O NEW JERSEY AVE SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 05/12/18
UNIT B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 05/11/18
100 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 05/10/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 05/10/18
1200 B/O VAN ST SE   THEFT
Theft First Degree (all Other Larceny)
 05/10/18
100 B/O M ST SE   THEFT
Theft First Degree (all Other Larceny)
 05/09/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 05/09/18
UNIT B/O M ST SE   BURGLARY
Burglary Two
 05/09/18
1000 B/O HALF ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 05/08/18
UNIT B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 05/08/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 05/08/18
700 B/O L ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 05/06/18
800 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 05/06/18
400 B/O M ST SE   THEFT
Shoplifting
 05/06/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 04/30/18
900 B/O 5TH ST SE   HOMICIDE
Murder II
 04/30/18
100 B/O L ST SE   ROBBERY  04/30/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 04/27/18
1100 B/O NEW JERSEY AVE SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 04/26/18
1200 B/O SOUTH CAPITOL ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 04/26/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 04/25/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 04/24/18
1200 B/O 1ST ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 04/24/18

Recent Issued Building Permits Archive  
1331 2ND ST SE 20003   
05/01/18 
DC WATER / DAVE LEVINE
AH1800901 / CONSTRUCTION
AFTER HOURS WORK FOR STRUCTURE EXCAVATION AND SUPPORT FOR B1311474 DC WATER. CORMAN CONSTRUCTION 301-34-5417.
907 4TH ST SE   
05/01/18 
RYAN WILLING / null
E1806431 / SUPPLEMENTAL
   
04/30/18 
RYAN M WILLING / KYLE YOST
SOL1800442 / CONSTRUCTION
4.2kw rooftop solar pv system, less than 4' above roof
101 H ST SE   
05/14/18 
SQUARE 737 LLC / DFM DEVELOPMENT SERVICES, LLC
B1808785 / CONSTRUCTION
Revision to Permit TL1800054 to revise the Whole Foods Market permit address from 800 New Jersey SE to 101 H Street SE.
100 H ST SE   
05/14/18 
DISTRICT OF COLUMBIA / null
E1806787 / SUPPLEMENTAL
101 H ST SE   
05/22/18 
SQUARE 737 LLC / null
M1802469 / SUPPLEMENTAL
   
05/23/18 
SQUARE 737 LLC / null
P1806213 / SUPPLEMENTAL
2 I ST SE   
05/22/18 
CRESCENT CAPITOL VIEW / null
E1807051 / SUPPLEMENTAL
   
05/08/18 
CRESENT CAPITOL VIEW MF LLC / COMPOSITION SYSTEMS INC
AH1800928 / CONSTRUCTION
AFTER HOURS PERMIT TO WORK SUNDAY 5 / 13 / 18 FROM 7 AM UNTIL 7 PM UNDER OCCUPANCY PERMIT PA10636830 TO INSTALL A SIGN BAND.
   
05/23/18 
CRESCENT CAPITAL VIEW, LLC / ERICKA CLARK
TC1800034 / CONSTRUCTION
Renewal of tower crane permit #TC1700022 EXTENSION WILL EXPIRE ON 11 / 23 / 2018
10 I ST SE   
05/02/18 
CAPITOL HILL RACQUET CLUB / JOHN WYCKOFF
SB1800290 / CONSTRUCTION
Install 4 soil borings to less than 50 feet using dual tube geoprobe DPT tooling. Collect soil samples and install 1-inch diameter sch 40 PVC temp monitoring wells in 2 of 4 borings. Wells and borings will be abandoned with 24 hours of sampling using a bentonite grout mixture with bentonite / water ratio of 2 to 1. All IDW will be contained in drums.
150 I ST SE   
05/17/18 
SQUARE 737 LLC / JAMES WOLF
P1806078 / SUPPLEMENTAL
421 L ST SE   
05/16/18 
DORAN BUTUCHE / DORAN BUTUCHE
F1800255 / CONSTRUCTION
To install a fence and gate to the front yard. The construction, placement, style and color will be similar to fencing already in place at adjoining homes. Entire fence is in public space.
202 M ST SE   
05/18/18 
NURI EROL / PAT SNYDER
B1804587 / CONSTRUCTION
EXISTING PIZZA RESTAURANT - NEW OWNER, NEW EQUIPMENT + NEW GELATO & COFFEE SERVICE. MINOR HVAC, PLUMBING & ELECTRIC
800 NEW JERSEY AVE SE 1ST FL   
05/14/18 
SQUARE 737 LLC / JOHN SONNER 4438727277
E1806780 / SUPPLEMENTAL
800 NEW JERSEY AVE SE   
05/09/18 
WHOLE FOODS MARKET / MELISSA DIAZ
TL1800054 / CONSTRUCTION
THE PROJECT IS A TENANT FIT-OUT OF AN EXISTING SPACE IN A MIXED USE PROJECT BEING DEVELOPED UNDER A SEPARATE PERMIT. THE PROJECT IS A WHOLE FOODS MARKET OCCUPYING THE GROUND FLOOR AND A MEZZANINE WITHIN THE BUILDING. - TPR
   
05/11/18 
SQUARE 737 LLC / null
P1805955 / SUPPLEMENTAL
861 NEW JERSEY AVE SE   
05/11/18 
CONSOLIDATED RAIL CORPORATION / RPS INC
SB1800309 / CONSTRUCTION
Per " Work Plan, Geotechnical Investigation, dated May 2, 2018 (see attached), the work involves drilling 6 soil borings using a hollow stem auger rig and a mud rotary drill rig for the purpose of collecting soil samples for geotechnical subsurface exploration. Boring depths range from 75 to 150 ft.
   
05/23/18 
CONSOLIDATED RAIL CORPORATION / NA CSX TRANSPORTATION INC.
AH1800974 / CONSTRUCTION
Work in public ROW within the Virginia Avenue Tunnel Reconstruction Project LOD for utility, demolition, and concrete structure construction activities. **TO EXCLUDE LEGAL HOLIDAYS**
1100 NEW JERSEY AVE SE 2ND FL   
05/10/18 
SQUARE 742 LLC / null
P1805902 / SUPPLEMENTAL
1115 NEW JERSEY AVE SE   
05/22/18 
DONOHOE REAL ESTATE SERVICES / null
M1802478 / SUPPLEMENTAL
71 POTOMAC AVE SE   
05/11/18 
MRP REALTY / ELIZABETH DE SMET
SB1800270 / CONSTRUCTION
Installation of 124 wellpoints to assist in the construction of mixed use structure at Potomac Avenue.
   
05/18/18 
FORIDA ROCK PROPERTIES INC / ANKIT K SINGH
UT1800039 / CONSTRUCTION
Removal of an Underground Storage Tank (UST) 7 feet in diameter and approximately 9 feet long (approximately 2000 gallons). Suspected Fuel Tank. Tank is filled with 8 inches of unknown content. Tank will be removed and disposed off as per the appropriate standards and requirements.
221 TINGEY ST SE   
04/30/18 
GONE YARD HOTEL OWNER, LLC / DFM DEVELOPMENT SERVICES, LLC
B1808252 / CONSTRUCTION
Yards Parcel L-1 : Permit Revision for B1801074 to update owner information to Gone Yard Hotel Owner, LLC and permit address to new address: 221 Tingey Street SE.
300 TINGEY ST SE   
05/09/18 
FC BOILERMAKER LLC / FAY A KENNEDY
E1806640 / 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.


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