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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.]
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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  
100 B/O I ST SE   THEFT
Theft First Degree (all Other Larceny)
 07/30/20
100 B/O O ST SE   ASSAULT WITH A DANGEROUS WEAPON  07/28/20
400 B/O M ST SE   THEFT
Shoplifting
 07/24/20
100 B/O M ST SE   BURGLARY
Burglary Two
 07/20/20
UNIT B/O N ST SE   ASSAULT WITH A DANGEROUS WEAPON  07/20/20
1200 B/O HALF ST SE   THEFT
Theft 2nd Degree (theft From Building)
 07/13/20
900 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/09/20
1500 B/O 1ST ST SE   SEX ABUSE
Assault W/intent To Commit First Degree Sexual Abuse (force) (rape)
 07/08/20
400 B/O K ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 07/06/20
1200 B/O HALF ST SE   THEFT
Theft First Degree (all Other Larceny)
 07/05/20
100 B/O H ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/03/20
100 B/O O ST SE   ROBBERY  07/03/20

Recent Issued Building Permits Archive  
1300 4TH ST SE 1001   
07/22/20 
LA FAMOSA / null
E2009613 / SUPPLEMENTAL
1300 4TH ST SE 130   
07/24/20 
TOM AN / KIMOY LALLEMENT
A2005055 / CONSTRUCTION
New sail shade awning at exterior private space of La Famosa restaurant (Permit #TL2000028)
900 5TH ST SE   
07/13/20 
null
B1906215-EXT-1 / CONSTRUCTION
1ST EXTENSION TO B1906215, EXTENSIOIN WILL EXPIRE ON 03 / 01 / 2020. ORIGINAL SCOPE: Reconstruction of 4-story residential building, the Arthur Capper Senior Center, damaged by fire.
1150 5TH ST SE   
07/08/20 
DISTRICT OF COLUMBIA / CASEY STRINGER; NA
B2008863 / CONSTRUCTION
DGS PROJECT Minor interior classroom renovations at existing school
   
07/16/20 
DISTRICT OF COLUMBIA / null
P2007453 / SUPPLEMENTAL
   
07/22/20 
DISTRICT OF COLUMBIA / null
E2009571 / SUPPLEMENTAL
10 I ST SE   
07/27/20 
CAPITOL HILL RACQUET CLUB / ANDREW ARNOLD; NA
SB2000413 / CONSTRUCTION
We propose drilling two (2), six-inch diameter geotechnical test borings (B-7 and B-8) using the hollow stem auger method to evaluate the subsurface conditions. The proposed test boring depths will be 85 feet below the existing ground surface. If a confining unit is encountered, outer casing will be installed which will extend 10 feet into the top of the confining unit or to the top of bedrock. Up...
423 L ST SE   
07/24/20 
JOHN P LANG / MARGO RICKS
SOL2001665 / CONSTRUCTION
To install 4.56 kW size of solar panels with a system height of 1.1 feet on roof of building.
250 M ST SE   
07/10/20 
SQUARE 769 LLC / null
E2009225 / SUPPLEMENTAL
   
07/21/20 
SQUARE 769 LLC / null
E2009527 / SUPPLEMENTAL
300 M ST SE   
07/27/20 
FEDERAL CENTER LP / null
E2009758 / SUPPLEMENTAL
861 NEW JERSEY AVE SE   
07/23/20 
GREYSTAR GP LLC / null
M2003144 / SUPPLEMENTAL
1105 NEW JERSEY AVE SE   
07/23/20 
GALLERY CAPITAL RIVERFRONT PROPERTY LLC / null
E2009620 / SUPPLEMENTAL
1111 NEW JERSEY AVE SE   
07/08/20 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / null
M2002985 / SUPPLEMENTAL
1200 NEW JERSEY AVE SE 20590   
07/14/20 
JBG/FEDERAL CENTER LLC / SAM HOLLEN
B2006851 / CONSTRUCTION
INTERIOR RENOVATION TO 1ST FLOOR OFFICE SPACE. PARTITIONS, FURNITURE, MECHANICAL, ELECTRICAL AND LIFE SAFETY. NO PLUMBING. NO STRUCTURAL. 1700 SQUARE FEET. GSA / DOT
1275 NEW JERSEY AVE SE   
07/13/20 
FC 1275 NJ, LLC / PARKER HARRELL
SB2000382 / CONSTRUCTION
We are abandoning 14 gravel packed dewatering wells and one piezometer. All pumps and associated hardware will be removed from the wells. Each well casing will then be removed of perforated. We will then tremie each borehole using a bentonite slurry (two pounds bentonite powder to one gallon water).
1033 O ST SE 20374   
07/13/20 
UNITED STATES OF AMERICA / STANELY CARPENTER; JILL S CUTLER
BCIV2000111 / CONSTRUCTION
Install a safety shower and eye-wash station with a concrete base at the hazardous waste storage area near Building 166 at the Washington Navy Yard.
79 POTOMAC AVE SE 505   
07/15/20 
null / NA NA NA
EHOP20993669 / HOME OCCUPATION
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
Thompson Hotel ('20)
West Half ('19)
Novel South Capitol ('19)
Yards/Guild Apts. ('19)
Capper/The Harlow ('19)
New DC Water HQ ('19)
Yards/Bower Condos ('19)
Virginia Ave. Tunnel ('19)
99 M ('18)
Agora ('18)
1221 Van ('18)
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)


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