Since January, 2003
            
 (a random before-and-after moment)
September 20, 2009
October 5, 2014
9th at Virginia, Looking East-Northeast (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)
   
 
 More About Toll Brothers Lots

JDLand.com Home

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!

Add a Comment:

Comments are closed for this post.

JDLand Comments RSS Feed


 More News


See All Current News Items | Full Blog Archive

 
 Top News
  

smitty2k1 on Barre3 Studio Coming: Cornercopia is open every weekday for breakfast and lunch. They close fairly ear...
202_cyclist on Barre3 Studio Coming: I noticed another construction trailer this morning on the empty lot immediately...
jdc on Barre3 Studio Coming: I love Harry's, but competition is always good. That said, I wonder if this plac...
sameter on Barre3 Studio Coming: besides harrys being overpriced, it will do the neighborhood good to have compet...
Message Board (beta)

Get JDLand Updates In Your Inbox!



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   BURGLARY
Burglary Two
 01/13/18
1000 B/O 4TH ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 01/11/18
500 B/O M ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 01/09/18
900 B/O 4TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 01/07/18
100 B/O I ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 01/04/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 01/04/18
400 B/O M ST SE   THEFT
Shoplifting
 01/02/18
UNIT B/O K ST SE   THEFT
Theft 2nd Degree (theft From Building)
 12/31/17
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 12/19/17

Recent Issued Building Permits Archive  
1100 2ND PL SE   
12/21/17 
CAPPER CARROLLSBURG VENTURE LLC / null
P1802299 / SUPPLEMENTAL
1331 2ND ST SE   
12/22/17 
DC WATER / DAVE LEVINE
AH1800369 / CONSTRUCTION
After Hours work for structure excavation and support for B1311474 DC Water, Corman Construction 301-343-5417. TO EXCLUDE LEGAL HOLIDAYS.
1331 4TH ST SE CU   
12/27/17 
FC 1331 LLC / GARY BRENT; N/A
SG1800119 / CONSTRUCTION
Install 1 illuminated blade sign and 7 non-illuminated window vinyl signs - CHLOE BY HAIDAR KAROUM
   
12/28/17 
FC 1331 LLC / BEN BEDDO
TL1700205 / CONSTRUCTION
New Tenant Layout for restaurant
1300 4TH ST SE   
01/05/18 
FORREST CITY WASHINGTON / GEORGE ARTHUR KING
SB1800091 / CONSTRUCTION
To abandon 18 6 inch diameter 80 foot deep dewatering wells and 4 2 inch diameter 50 feet deep observation wells per the DOEE regulations
1346 4TH ST SE   
01/12/18 
ALAN OWINGS / ROBERT HENRY
AH1800415 / CONSTRUCTION
After Hours Permit for 1 / 15 / 18 from 7AM to 7PM to perform concrete operations, framing, operations, and utility operations.
2 I ST SE   
12/20/17 
CRESCENT CAPITAL VIEW, LLC N/A / ERICKA CLARK
AH1800359 / CONSTRUCTION
Place and finish concrete. Minimal noise impact, and required for reduction on impact to traffic.
411 I ST SE   
12/27/17 
ABIGAIL A SMITH / ROBERT D. JOHNSTON
E1802679 / SUPPLEMENTAL
337 L ST SE   
12/22/17 
JENNIFER LANCASTER / null
E1802602 / SUPPLEMENTAL
   
01/11/18 
JENNIFER LANCASTER / BJORN FALK
SOL1800005 / CONSTRUCTION
Installation of a 3.6kW solar PV system. Roof Mounted, 10 panels
300 M ST SE STE# 400   
01/03/18 
FEDERAL CENTER LP / SAM HOLLEN
B1803531 / CONSTRUCTION
INTERIOR RENOVATION TO 4TH FLOOR OFFICE CONFERENCE ROOM. PARTITIONS, CEILING, MECHANICAL, ELECTRICAL AND LIFE SAFETY. NO PLUMBING OR STRUCTURAL. 680 SQUARE FEET. CACI SUITE 400
25 POTOMAC AVE SE DOCK 79   
01/11/18 
RIVERFRONT HOLDINGS I LLC / null
P1802701 / SUPPLEMENTAL
227 TINGEY ST SE   
12/29/17 
JW CAPITAL PARTNERS / MELISSA DIAZ
FD1700126 / CONSTRUCTION
Parcel L1- Foundation to Grade permit for the new construction on an 11 story full service hotel building with restaurant and retail.
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
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





                  © Copyright 2018 JD.