Since January, 2003
            
 Sliding from Before to After

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

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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  
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 02/15/18
1000 B/O 3RD ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 02/07/18
1300 B/O 4TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 01/21/18

Recent Issued Building Permits Archive  
1331 2ND ST SE 20003   
01/29/18 
DC WATER / DAVE LEVINE
AH1800505 / CONSTRUCTION
After hours work for structure exaction and support for B1311474 DC Water. Corman Construction 202-863-0052.
1016 3RD ST SE   
02/01/18 
ANAMARIA R MOTTOLA / DAVID L. HAHN
P1803348 / SUPPLEMENTAL
1346 4TH ST SE   
02/06/18 
ALAN OWINGS / ROBERT SEV HENRY
AH1800541 / CONSTRUCTION
After Hours Permit for 2 / 19 / 18 from 7AM to 7PM to perform concrete, framing, and utility operations.
   
02/06/18 
FC 1346 LLC / RICHARD V CAREY
P1803428 / SUPPLEMENTAL
150 I ST SE   
02/05/18 
WC SMITH / null
P1803402 / SUPPLEMENTAL
140 M ST SE   
02/07/18 
SPAULDING & SLYE/STE100 / null
E1803798 / SUPPLEMENTAL
110 M ST SE   
01/29/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / JAMES WEAVER
E1803534 / SUPPLEMENTAL
   
02/02/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / null
P1803361 / SUPPLEMENTAL
140 M ST SE 20032   
02/14/18 
SYLVIA LINDSEY / null
P1803641 / SUPPLEMENTAL
202 M ST SE   
01/29/18 
UNITED STATES OF AMERICA / NURI EROL
D1800281 / CONSTRUCTION
Remove Existing flooring. Remove some of the furnitures, equipment.
300 M ST SE 53533   
02/08/18 
FEDERAL CENTER LP / SPENCER TEEL
BP1801893 / POST CARD
401 M ST SE   
01/30/18 
DOEE C/O DEV MURALI / JESSICA REICHARD
AH1800507 / CONSTRUCTION
After hours permit to preform manhole inspections during off peak hours 7pm - 7am for all Manhole Locations covered under permit # PA10374319-R1 for DOEE Anacostia river sediment project.
861 NEW JERSEY AVE SE   
01/21/18 
CONSOLIDATED RAIL CORPORATION / null
P1802976 / SUPPLEMENTAL
   
01/31/18 
CONSOLIDATED RAIL CORPORATION / NA CSX TRANSPORTATION, INC.
AH1800467 / 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   
02/09/18 
SQUARE 742 LLC / null
P1803534 / SUPPLEMENTAL
   
02/14/18 
SQUARE 742 LLC / null
P1803681 / SUPPLEMENTAL
79 POTOMAC AVE SE   
01/22/18 
RIVERFRONT HOLDINGS I LLC / JUSTIN BELLOW
TL1800010 / CONSTRUCTION
1st time tenant layout for restaurant with 212 indoor seats and 350- indoors occupant load. 338 outdoor seats 550 outdoors occupant load.
640 SOUTH CAPITOL ST SE   
02/05/18 
JIM LATISIS ZAYO GROUP
B1707197 / CONSTRUCTION
Addition to existing concrete telecom building.
401 TINGEY ST SE   
01/30/18 
PEPCO / BARBARA ANN STEDMAN
AH1800520 / CONSTRUCTION
UG TRANSFORMER WORK TO BE PERFORMED ON THE 400 BLK OF TINGEY ST SE. MANHOLE ACCESS. WORK TO BE PERFORMED BETWEEN THE HOURS OF 7:30AM AND MIGHTNIGHT ON 1 / 30 / 18 AND 1 / 31 / 18.
227 TINGEY ST SE   
01/29/18 
UNITED STATES OF AMERICA / ERICKA CLARK
TC1800021 / CONSTRUCTION
2 tower cranes
   
01/30/18 
FOREST CITY WASHINGTON / MELISSA DIAZ
B1802750 / CONSTRUCTION
Revision to Permit SH1700028. Sheeting and shoring for Yards Parcel L-2 project. Revision includes 10-foot precut excavation and layback on Water Street, 3rd Street and northern L-1 elevations, and removal of upper tier of rakers at L-1 elevation and upper tier of tiebacks at the Water Street and 3rd Street elevations.
325 VIRGINIA AVE SE 20003   
02/14/18 
JASON W GOLDSMITH / null
E1804039 / SUPPLEMENTAL
325 VIRGINIA AVE SE   
02/06/18 
JASON W GOLDSMITH / CRAIG HARTSOCK
B1804721 / CONSTRUCTION
Remove two non-structural walls on ground level of townhouse and re-frame in new configuration to create a full bathroom on ground floor.
   
02/07/18 
JASON W GOLDSMITH / MORIS O. OCHOA PINEDA
P1803462 / 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  
1001 NEW JERSEY AV SE   12/28/17
$ 687,365
WHATS ON SECOND PROPERTIES LLC
 


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