Since January, 2003
            
 (a random before-and-after moment)
February 16, 2006
December 10, 2016
New Jersey at K, Looking North-Northwest (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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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 TINGEY ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/17/17
50 B/O M ST SE   THEFT
Theft First Degree (all Other Larceny)
 08/17/17
50 B/O M ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 08/16/17
70 B/O I ST SE   ASSAULT WITH A DANGEROUS WEAPON  08/16/17
1000 B/O NEW JERSEY AVE SE   ROBBERY  08/15/17
1200 HALF ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/15/17
UNIT B/O M ST SE   BURGLARY
Burglary Two
 08/15/17
70 B/O I ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 08/13/17
1300 B/O 4TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/13/17
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/12/17
70 B/O I ST SE   THEFT
Theft First Degree (all Other Larceny)
 08/05/17
1100 B/O 8TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/05/17
1400 B/O SOUTH CAPITOL ST   THEFT
Theft 2nd Degree (all Other Larceny)
 08/02/17
900 B/O NEW JERSEY AVE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 08/01/17
300 B/O WATER ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/01/17
100 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 07/29/17
100 B/O M ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 07/29/17
400 B/O M ST SE   THEFT
Shoplifting
 07/27/17
54 B/O M ST SE   BURGLARY
Burglary Two
 07/27/17
70 B/O I ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 07/25/17
1000 B/O 1ST ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 07/23/17
1200 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/21/17
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/19/17

Recent Issued Building Permits Archive  
1100 2ND PL SE   
07/27/17 
CAPPER CARROLLS VENTURE, LLC / null
E1708783 / SUPPLEMENTAL
1331 2ND ST SE   
07/27/17 
DC WATER / DAVE LEVINE
AH1701100 / CONSTRUCTION
After Hours work for structure excavation and support for B1311474 DC Water. Corman Construction 202-431-1870.
1018 3RD ST SE   
07/30/17 
DAVID A LEINER / null
E1708827 / SUPPLEMENTAL
1300 4TH ST SE   
07/25/17 
PN HOFFMAN & ASSOCIATES / null
P1707720 / SUPPLEMENTAL
1331 4TH ST SE   
07/25/17 
FC 1331 LLC / null
P1707727 / SUPPLEMENTAL
1346 4TH ST SE   
07/25/17 
FC 1346, LLC / null
P1707728 / SUPPLEMENTAL
300 M ST SE   
07/26/17 
FEDERAL CENTER LP / null
E1708740 / SUPPLEMENTAL
   
07/26/17 
FEDERAL CENTER LP / null
E1708738 / SUPPLEMENTAL
1333 M ST SE   
07/24/17 
DC WATER AND SEWER AUTHORITY / ORLANDO M. CATANA
E1708416 / SUPPLEMENTAL
880 NEW JERSEY AVE SE   
07/24/17 
null / OTIS ELEVATOR COMPANY; OTIS ELEVATOR COMPANY
ER1702869 / SHOP DRAWING
BODY OF WORK: Replace belts on elevator # 2.
1000 NEW JERSEY AVE SE   
07/25/17 
WATERFRONT CHURCH DC / null
P1707793 / SUPPLEMENTAL
   
07/25/17 
WATERFRONT CHURCH DC / null
M1703195 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE   
07/27/17 
SQUARE 742 LLC / CARLOS E. MONTES
P1707868 / SUPPLEMENTAL
   
07/28/17 
SQUARE 742 LLC / null
E1708817 / SUPPLEMENTAL
1200 SOUTH CAPITOL ST SE   
07/25/17 
SQ 700 TRUST LLC ON BEHALF OF A/G MR SQ 700 RESIDENTIAL OWNER, L / SQ 700 TRUST LLC ON BEHALF OF A/G MR SQ 700 RESID; KIM MITCHELL CDKM CONSULTING LLC
FD1600067 / CONSTRUCTION
FOUNDATION TO GRADE CONSTRUCTION OF THREE LEVELS OF BELOW GRADE GARAGE FOR FUTURE THIRTEEN-13 RESIDENTIAL STORY BUILDING
301 WATER ST SE 20003   
07/27/17 
FOREST CITY WASHINGTON, INC 1615 L STREET NW, STE 400 / null
E1708786 / 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
Insignia on M ('17)
F1rst/Residence Inn ('17)
One Hill South ('17)
Homewood Suites ('16)
ORE 82 ('16)
The Bixby ('16)
Dock 79 ('16)
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The Brig ('16)
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Yards/Arris ('16)
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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)
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US DOT HQ ('07)
20 M ('07)
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