Since January, 2003
 (a random before-and-after moment)
January 19, 2003
May 26, 2013
2nd (East) at L, Looking West-Southwest (see more)

I've learned today that mega-developer Toll Brothers has purchased the Square 699N land directly north of the Velocity Condos building on 1st Street SE for $24 million, with the intention of building a 250ish-unit residential building.
This land has been owned by the Cohen Companies since their purchase of the entire block bounded by 1st, Half, K, and L in 2005.
In fact, the garage and below-grade structure for the Toll Brothers lot is already built--that's why you see all the funny beige boxes on the land, covering vent shafts and other infrastructure items. Cohen had planned to move forward with a sibling for Velocity soon after it completed the condo building, but that never came to fruition.
This would be Toll Brothers's first building in DC proper, I believe, but they have plenty of offerings in the Metro area. And, as I found out today, they don't just do single-family homes (White Flint Station is an example of a condo building of theirs in the area). UPDATE: SWill from across the way mentions in the comments that TB bought White Flint Station after it was completed and converted it to condos from apartments. Apologies for the assumption.
More to come on this, I'm sure. And it will no doubt be seen as another indication of the strength of Near Southeast's residential market.
[And I should add that Cohen still owns the third lot on the block, along Half Street.]
Comments (10)
 
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Comments

ZoolanderANDtheBoYz says: (5/2/12 1:29 PM)
I was hoping they would build a four or five start hotel. What do Toll brothers know about building a condo in a city any way. The one they built in white flint looks horrible link


sggunase says: (5/2/12 1:48 PM)
Interesting, I wonder if it will still be condos given the success of the rentals in the area.


SWill says: (5/2/12 2:18 PM)
BTW - Toll Brothers didn't build White Flint Station - they purchased the apartment complex and converted it to condos.


JD says: (5/2/12 2:20 PM)
Ah, thanks for the clarification.


ZoolanderANDtheBoYz says: (5/2/12 4:13 PM)
Interesting @Swill. So, they never built a big condo building like Velocity?


JD says: (5/2/12 4:24 PM)
No, they've built a number of them.

And I bet this might be the sort of branding this Square 699N project might come under:
link


ZoolanderANDtheBoYz says: (5/2/12 5:08 PM)
WOW awesome. Check this one out link It looks amazing.


Maelstrom says: (5/3/12 7:39 AM)
That looks like I'll never afford it. :P In other new (?) news, I rode past DPW last night (Wednesday) and it looked like teardown equipment is being lined up there that I had not noticed previously. It could be going down soon.


BillP says: (5/3/12 9:21 AM)
good find JD, the locations in manhattan and brooklyn should answer any concerns that they are not capable of building high quality projects in urban areas. one of the brooklyn projects is even certified LEED gold. clearly, cohen was not in a hurry to start phase 2. however, since toll made this purchase, we can infer they have a more aggressive timeframe in mind.


MJM says: (5/3/12 9:45 AM)
Yay! No more sculpture garden!

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Recent Crime Incidents Archive  
1300 B/O 4TH ST SE   THEFT
Theft 1 (Theft F/Building)
 03/02/15
70 B/O I ST SE   THEFT
2nd Degree
 03/01/15
100 B/O K ST SE   THEFT F/AUTO
 03/01/15
1000 B/O 5TH ST SE   THEFT F/AUTO
Theft From Auto 1
 02/28/15
400 B/O M ST SE   THEFT
2nd Degree
 02/28/15
100 B/O K ST SE   THEFT F/AUTO
Theft From Auto 1
 02/27/15
1000 B/O 4TH ST SE   THEFT F/AUTO
 02/27/15
100 B/O CANAL ST SE   THEFT
2nd Degree
 02/24/15
1300 B/O 4TH ST SE   THEFT
Theft 1 (Theft F/Building)
 02/19/15
1000 B/O 2ND ST SE   THEFT F/AUTO
 02/18/15
100 B/O K ST SE   THEFT F/AUTO
 02/06/15

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No records added or modified in the past two weeks.

Recent Issued Building Permits Archive  
1000 5TH ST SE   
02/24/15 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / KIM MITCHELL CDKM CONSULTING LLC
B1412422 / CONSTRUCTION
NEW BUILDING PERMIT FOR NEW COMMUNITY CENTER INCLUDING STEEL STRUCTURE BRICK AND MASONRY BACKUP
1240 12TH ST SE   
02/19/15 
WASHINGTON GAS LIGHT CO / CARLTON W ROBINSON
E1503465 / SUPPLEMENTAL
909 HALF ST SE   
02/25/15 
23 I LLC C/O RELATED COMPANIES / DAVID MILLER
SB1500157 / CONSTRUCTION
INSTALLATION AND MONITORING OF 8 INCLINOMETER MONITORING SYSTEMS. THREE INCLINOMETER CASINGS TO BE INSTALLED ALONG THE K STREET BORDER OF THE PROJECT. THREE CASINGS TO BE INSTALLED ALONG THE I STREET BORDER OF THE PROJECT. TWO CASINGS TO BE INSTALLED ALONG THE HALF STREET BORDER OF THE PROJECT.
   
02/23/15 
23 I LLC C/O RELATED COMPANIES / 23 I LLC C/O RELATED COMPANIES; ANDREW DANCE
SB1500132 / CONSTRUCTION
A HOLLOW STEM AUGER WILL INSTALL UP TO 30 TEMPORARY DEWATERING WELLS BY ADVANCING A 12 OD / 8 1 / 4 ID BOREHOLE TO A DEPTH OF 65 FEET. AT DEPTH A 4 INCH PVC FLUSH JOINT THREADED WELL ASSEMBLY WILL BE SET AND SELECT FILTER PLACED. INTO EACH WELL WILL BE INSTALLED A 1 HP TURBINE SUBMERSIBLE PUMP. EFFLUENT WILL BE DIRECTED THROUGH A COMMON MANIFOLD TO A BAFFLED SETTLING TANK AND DISCHARGED TO THE LO...
   
03/03/15 
23 I LLC C/O RELATED COMPANIES / JOHN DIEHL ECC INC.
UT1500019 / CONSTRUCTION
REMOVAL OF THREE UNDERGROUND STORAGE TANKS ENCOUNTERED DURING EXCAVATION FOR REDEVELOPMENT ACTIVITIES. ONE 1 000-GALLON HEATING OIL TANK ONE 1 000-GALLON KEROSENE TANK AND ONE 500-GALLON OIL / WATER SEPARATOR.
1015 HALF ST SE   
02/18/15 
HALF ST SE LLC / STEPHEN R. HOLMAN
P1503532 / SUPPLEMENTAL
   
03/02/15 
HALF ST SE LLC / MATT LOSIGNOR
P1503861 / SUPPLEMENTAL
50 M ST SE   
02/18/15 
ENGLEWOOD LLC / FVI2020
FD1500010 / CONSTRUCTION
FOUNDATION OF GRADE RELATED TO CONSTRUCTION OF A NEW HOTEL
55 M ST SE   
02/24/15 
HINES GLOBAL REIT 55 M STREET LLC / ANDREW P CARAYIANNIS
M1501184 / SUPPLEMENTAL
100 M ST SE   
02/13/15 
SQUARE 743 INC / RONNIE E WRIGHT
E1503331 / SUPPLEMENTAL
   
02/13/15 
SQUARE 743 INC / DAVID FLEMING
P1503495 / SUPPLEMENTAL
   
02/19/15 
SQUARE 743 INC / DAVID FLEMING
P1503597 / SUPPLEMENTAL
   
02/20/15 
SQUARE 743 INC / GREGORY E LIGON
E1503498 / SUPPLEMENTAL
   
02/23/15 
SQUARE 743 INC / ANTHONY G SAMBURG
E1503518 / SUPPLEMENTAL
901 M ST SE   
02/19/15 
US GOVERNMENT NAVY PWC / SUMMIT CONSTRUCTION AND ES
B1504570 / CONSTRUCTION
REQUEST AND E&S PERMIT FOR WORK ON FEDERAL INSTALLATION. INSTALLING FOOTINGS AND SLAB WITH PORTCH SUPPORTS. MINOR GRADING AND SEEDING. BUILDING FOOTPRINT IS UNDER 700SF. LAND DISTURBANCE INCLUDING GRADING AND SEEDING IS UNDER 2 500SF.
100 M ST SE   
02/19/15 
SQUARE 743 INC / JOHN H THOMSON
E1503464 / SUPPLEMENTAL
   
02/20/15 
SQUARE 743 INC / DAVID RAINE; SQUARE 743 INC; DAVID RAINE
P38575591 / SUPPLEMENTAL
800 NEW JERSEY AVE SE   
02/24/15 
NEW JERSEY AT H LLC / JOHN H THOMSON
E1503556 / SUPPLEMENTAL
   
02/13/15 
BAKER DC / CHRISTINE LONG
AH1500246 / CONSTRUCTION
AN AFTER HOURS PERMIT IS RESPECTFULLY REQUESTED FROM 7:00PM THRU 7:00AM
909 NEW JERSEY AVE SE   
02/26/15 
909 NEW JERSEY AVENUE ACQUISITION LLC / DAVID L. HAHN
P1503815 / SUPPLEMENTAL
1000 NEW JERSEY AVE SE   
02/23/15 
CAPITOL HILL TOWER HOUSING COOPERATIVE INCF / SHAWN ALEX HELLER
HO1500118 / HOME OCCUPATION
HOME OFFICE (LAW OFFICE).
25 POTOMAC AVE SE   
03/03/15 
RIVERFRONT HOLDINGS I LLC /
P1503907 / SUPPLEMENTAL
1500 SOUTH CAPITOL ST SE   
03/02/15 
WASHINGTON NATIONALS STADIUM LLC / MATT LOSIGNOR
P1503862 / SUPPLEMENTAL
   
03/03/15 
NATIONALS PARK / KEVIN HOOVER; NATIONALS PARK; KEVIN HOOVER
E21362502 / SUPPLEMENTAL
300 TINGEY ST SE   
02/13/15 
RICHARD CERVERA / NATHANIEL GILL
B1504014 / CONSTRUCTION
NEW SUMMER GARDEN
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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