Since January, 2003
            
 (a random before-and-after moment)
October 2005
August 3, 2008
South Capitol at P, Looking West (see more)

I think I've mentioned before my understanding that construction photos consisting mostly of rebar and concrete pillars are not for everyone. But I can't shirk my duty to capture the progress at the Twelve12 project at the Yards, the building at 4th and M that will be home to Harris Teeter and Vida Fitness (and 220ish rental units) when it is completed in 2014. The vertical construction on the north/Teeter end of the site is now peeking above the historic brick wall along M:
But it's better to look north from Tingey to really get a feel for where construction is currently at:
More photos, and information and renderings of the project, are on my Twelve12 page.
In the meantime, I'm thinking that if you had told me when I stood at 4th and M in October 2003 to take this photo that in 10 years there would be a Harris Teeter rising behind the turret, I might have snickered at you:
(And, speaking of the Yards, I should also mention that when I took these photos last week I saw workers in both the Nando's Peri-Peri and Willie's spaces at the Boilermaker Shops. And I also snuck a peek through the Bluejacket window and got a glimpse of these.)
Comments (20)
   
 
 More About Twelve12/Teeter/Yards

JDLand.com Home

Comments

JES says: (5/7/13 12:01 PM)
Man, is Bluejacket going to make their June opening window? It sure looks like there's a TON left to do in there to finish buildout, not to mention they have to train and hire staff.


MJM says: (5/7/13 1:20 PM)
Bluejacket had a tweet week or so ago that said June/July - my money is still on for the first week in August. But July would be nice.


ZoolanderANDtheBoYz says: (5/7/13 2:43 PM)
That is a good progress for Twelve12. Now that there is a low condo inventory, Forest city need to start construction on Factory 202.


PJY03 says: (5/7/13 9:29 PM)
There is a low condo inventory, but also a low inventory of quality rentals. My understanding is that condos are less desirable as development projects because it takes longer for the developer to begin to see returns. CHT took 6 years to sell out, Velocity is in year 4.


ZoolanderANDtheBoYz says: (5/8/13 6:20 AM)
CHT is a coop and the whole model of Coop doesn't really work in DC. The only coop buildings in DC are in SW DC and over Wisconsin avenue. Coop only work in NY City. When it comes to Velocity, it is just a bad timing.

If you notice all the condominiums that were built in DC the last three years were under 100 units. Developers in DC have been very successful in selling all those 50 or 40 units of condominiums before they completed the construction or within a few months after they complete the construction.

Now that the recession is over, unemployment rate is the dropping rapidly and the DOW hit over 15,000 for the first time in history - things are looking up. There is a good chance developers can build 200 units of condominium and it doesn't really have to take 4 years to sell out. Tool brothers feel confident to start a 250 units condominium this coming July.


Mark says: (5/8/13 1:01 PM)
I'd also like to see more condos built in the neighborhood, rather than every new project being apartments. But the Toll Brothers projects to the west and north of the Velocity are both planned as rentals. See, for example:
link


ZoolanderANDtheBoYz says: (5/8/13 1:16 PM)
You are right @Mark. Toll Brothers City Living website does say both lots to the North and to the west will be rentals link



GoNatsHood says: (5/8/13 1:48 PM)
Zoolander- how can you back up your statement that the "coop" model does not work in DC but works in NY City? What facts do you have to substantiate this?


ZoolanderANDtheBoYz says: (5/8/13 2:08 PM)
@GoNats, "Co-ops make up a much bigger percentage of the NY city’s housing stock, and they tend to be less expensive than condos" link

However, in DC it is the other way round. Besides, Co-Ops have too many rules. This article will help to explain my facts about the difference between Co-op and Condo and why Co-op model doesn't work in DC. link


ZoolanderANDtheBoYz says: (5/8/13 2:13 PM)
But, at the bottom line, it is a personal choice. If you feel like you want to own CO-OP - go for it. Also, CHT started selling before the recession back in 2006 and I am not sure if they sold out or not. Velocity on the other hand started selling in 2009 and they only have 15 units left.


GoNatsHood says: (5/8/13 2:55 PM)
CHT sold out in early 2012. They must be doing something right to sell all their units in the heat of the worst recession. And there isn't any difference in the amount of rules between a condo and a coop. Each building whether it is a condo or coop can choose to adopt certain rules. In CHT's case, they do not have many rules.

Bottom line: it is a personal choice. But to say one is better than another is not all together accurate.


ZoolanderANDtheBoYz says: (5/8/13 3:03 PM)
@GONats, I have never said one is better than another. I said the whole model of Co-OP doesn't appeal to developers and buyers in DC. It is a fact that developers hardly build a co-op. CHT probably doesn't have that many rules but other Co-ops do.


JES says: (5/8/13 3:37 PM)
I think it's also worth noting that getting financing for a co-op is a lot harder. There are ton of lenders who won't finance a co-op at all, and for the ones that do, the down payment requirements are much higher. For example, I don't think you can do an FHA loan on a co-op which effective prices out anyone who doesn't have 20%.


MJM says: (5/8/13 3:44 PM)
Hey, isn't that HT construction progress awesome!


JD says: (5/8/13 3:47 PM)
@MJM, How dare you attempt to stay on topic!



Packinblackandred says: (5/8/13 4:26 PM)
@JES, we were one of the last buyers in CHT and did have a difficult time getting the lender to understand what a coop was. We didn't put 20% down and also didn't have to use FHA or pay PMI, somehow. It definitely lowers the number of lenders that are willing to deal with you.


JES says: (5/9/13 8:45 AM)
@Pack, under 20%, and no PMI? Man, I need to talk to your bank...


PJY03 says: (5/9/13 10:07 AM)
CHT has preferred lenders that will finance at 10% down. Further, it is a co/op in name only -- It functions exactly like a condo in terms of its rules, with the primary difference being that the board also manages an underlying mortgage, and you can't pay off your portion of the underlying mortgage early. But most people only live in condos for less than 10 years, so there is no real difference in equity. Anyway, Zoolander is just wrong here -- there is no comparison between the older co/ops in NW/SW and CHT. They are worlds apart in how they function.


ZoolanderANDtheBoYz says: (5/9/13 2:25 PM)
Got you! @PJY03..
Thanks for clarifying it.


JD says: (5/9/13 10:59 PM)
By the way, I've been dinged privately for using "pillars" instead of the preferred-by-the-folks-in-the-biz "columns." So noted.

Add a Comment:

Comments are closed for this post.

JDLand Comments RSS Feed


 More News


See All Current News Items | Full Blog Archive

 

JDLand.com's Official Unofficial Guide, Updated for 2018!
 Top News
  

jdc on Wednesday Om Nom: re: Justin's, I assume he's renting that space and I imagine the rent has been o...
Ampersand on Wednesday Om Nom: @Packinblackandred - yay!!
JD on Wednesday Om Nom: I haven't heard that, but he's been in that spot for nearly 10 years--he might d...
ColoradoCane on Wednesday Om Nom: I was at Justin's Cafe last night and someone mentioned that Justin might be sel...
Packinblackandred on Wednesday Om Nom: Not sure how many people this will affect, but they just reopened the sidewalk o...
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  
1100 B/O NEW JERSEY AVE SE   SEX ABUSE
First Degree Sexual Abuse
 04/17/18
400 B/O M ST SE   THEFT
Shoplifting
 04/17/18
100 B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 04/17/18
UNIT B/O N ST SE   ROBBERY  04/14/18
100 B/O I ST SE   THEFT
Theft 2nd Degree (theft From Building)
 04/12/18
UNIT B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 04/12/18
1200 B/O 4TH ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 04/09/18
150 B/O L ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 04/07/18
1000 B/O 3RD ST SE   BURGLARY
Burglary One
 04/07/18
1200 B/O NEW JERSEY AVE SE   ROBBERY
Assault W/i To Commit Robbery (simple Assault)
 04/05/18
UNIT B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 04/01/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 03/31/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 03/28/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 03/28/18
300 B/O I ST SE   ASSAULT WITH A DANGEROUS WEAPON  03/25/18
UNIT B/O L ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 03/23/18
100 B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 03/23/18
UNIT B/O I ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 03/23/18

Recent Issued Building Permits Archive  
1331 2 ST SE   
04/02/18 
DISTRICT OF COLUMBIA / MARK HARLOW CLIFFORD
SB1800225 / CONSTRUCTION
Application for Well Abandonment Workplan Approval for the abandonment of 8 monitoring wells and 21 inclinometers at the Main Pumping Station site for the DC Water Clean Rivers Project, Division I, installed under Permit Number SB1400419.
1100 2ND PL SE   
04/19/18 
CAPPER CARROLLSBURG VENTURE, LLC / TAMIKA STATON; OTIS
EN1801710 / SHOP DRAWING
Install 1 New G2S 3500LBS @350FPM, Elevator 2; 13 Floors
   
04/19/18 
CAPPER CARROLLSBURG VENTURE, LLC / TAMIKA STATON; OTIS
EN1801712 / SHOP DRAWING
Install 2 New G2S Elevators - 3500LBS@35FPM Elevator 1, 12 Floors
1331 2ND ST SE 20003   
04/05/18 
DC WATER / DAVE LEVINE
AH1800744 / CONSTRUCTION
After Hours work for structure excavation in support of DC Water, Corrman Construction 301-343-5417.
1300 4TH ST SE   
04/17/18 
null / DONNA G GRAHAM
AH1800863 / CONSTRUCTION
WR #3476633-WARD 6-20003-VAETH / BRUNO - PEPCO CREWS WILL BE WORKING THE 1200 - 1300 BLK OF 4TH ST SE - INSTALLING NETWORK TRANSFORMER AND INSTALLING PRIMARY CABLES - STARTING THURSDAY 4 / 19 / 18 UNTIL 5 / 19 / 18 - MONDAY THRU FRIDAYS AT 10PM UNTIL 10AM AND ON SATURDAY AND SUNDAYS FROM 6AM TIL 8PM.
1346 4TH ST SE   
04/10/18 
ALAN OWINGS / ROBERT HENRY
AH1800796 / CONSTRUCTION
After Hours Permit for 04 / 16 / 18 from 9AM to 7PM to perform facade, interior unit framing and drywall work, and interior Mechanical, Electrical, Plumbing and Sprinkler Rough-In.
1346 4TH ST ST SE 20003   
03/28/18 
FOREST CITY / TYLER D BARRON
AH1800712 / CONSTRUCTION
After hours for 4 / 13 / 18 to 5 / 12 / 18. Work that is to be done is quiet work of window deliveries at 5:30AM to 7:00AM by use of tower crane
82 I ST SE   
04/02/18 
GDVC EYE STREET LLC / null
FB1800055 / SUPPLEMENTAL
150 I ST SE   
03/28/18 
null
E1805313 / SUPPLEMENTAL
   
03/29/18 
null / JOHN THOMSON 3018645080
E1805337 / SUPPLEMENTAL
300 M ST SE 400   
04/09/18 
FEDERAL CENTER LP / null
M1801970 / SUPPLEMENTAL
300 M ST SE STE# 400 20024   
04/05/18 
CHARLES SMITH / EUGENE AHNS 3012811497
E1805597 / SUPPLEMENTAL
300 M ST SE STE# 400   
04/12/18 
FEDERAL CENTER LP / null
P1805161 / SUPPLEMENTAL
140 M ST SE   
03/26/18 
SQUARE 742 LLC / null
P1804630 / SUPPLEMENTAL
300 M ST SE   
03/26/18 
FEDERAL CENTER LP / JERRY BETHEA
M1801846 / SUPPLEMENTAL
401 M ST SE   
04/03/18 
TETRA TECH C/O DOEE / JESSICA REICHARD
AH1800767 / CONSTRUCTION
After hours permit for manhole access to complete inspections for DOEE Anacosta River Sediment clean up project, work hours between 7pm and 7am Monday thru Friday. Rolling work zones for all manhole access under permit # PA10374319-R1
800 NEW JERSEY AVE SE   
04/05/18 
SQUARE 737 LLC / null
P1804974 / SUPPLEMENTAL
   
04/09/18 
SQUARE 737 LLC / null
E1805700 / SUPPLEMENTAL
861 NEW JERSEY AVE SE   
04/02/18 
CONSOLIDATED RAIL CORPORATION / NA CSX TRANSPORTATION, INC.
AH1800715 / CONSTRUCTION
Work in public ROW within the Virginia Avenue Tunnel Reconstruction Project LOD for utility, demolition, and concrete structure construction activities.
   
04/11/18 
CONSOLIDATED RAIL CORPORATION / DEVIN MURDOCK
SB1800265 / CONSTRUCTION
Drill 8 borings to 40ft. Convert 4 borings into 1" temporary wells, collect groundwater from each well and abandon borings.
1100 NEW JERSEY AVE SE   
04/18/18 
null
E1805988 / SUPPLEMENTAL
1115 NEW JERSEY AVE SE   
04/17/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / GARY BRENT; BRENT
SG1800260 / CONSTRUCTION
Install 1 illuminated wall sign, 1 illuminated window sign and 1 window vinyl decal sign - Peets Coffee
1100 NEW JERSEY AVE SE 5TH FL   
04/19/18 
SQUARE 742 LLC / DOMINIC E TOTARO 301-725-1998
M1802089 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE   
04/13/18 
SQUARE 742 LLC / CLIFFORD DIXON
B1804348 / CONSTRUCTION
INTERIOR RENOVATIONS TO OFFICE SPACE ON THE 5TH FLOOR. **DEMOLITION, LEVEL 2 ALTERATION
   
04/19/18 
SQUARE 742 LLC / PEDRO C. CASTILLO 3019219056
E1806025 / SUPPLEMENTAL
   
04/19/18 
SQUARE 742 LLC / null
E1806015 / SUPPLEMENTAL
1115 NEW JERSEY AVE SE   
04/06/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / ACCUPERMIT LLC AS AGENT
B1803009 / CONSTRUCTION
Interior alterations for new tenant in existing commercial space to include partitions, mill work, electrical and plumbing fixtures, flooring and wall coverings, dining area furniture and kitchen equipment for a A-2 restaurant with 49 proposed occupancy.
125 O ST SE   
03/29/18 
DISTRICT OF COLUMBIA / JAMES M. HALLER
P1804624 / SUPPLEMENTAL
   
04/09/18 
DISTRICT OF COLUMBIA / TAMIKA STATON; OTIS
EN1801762 / SHOP DRAWING
I New G2S Elevator - 3500LBS @ 200FPM (7 Floors)
   
04/09/18 
DISTRICT OF COLUMBIA / TAMIKA STATON; OTIS
EN1801763 / SHOP DRAWING
Install 1 New G2S Elevator - 3500LBS @ 200FPM (6 Floors)
   
04/09/18 
DISTRICT OF COLUMBIA / TAMIKA STATON; OTIS
EN1801761 / SHOP DRAWING
Install 1 New G2S Elevators 4000LBS @ 200FPM (7 Floors)
71 POTOMAC AVE SE 20002   
04/19/18 
null / STEVE GRIFFIN
BP1802939 / POST CARD
71 POTOMAC AVE SE   
03/26/18 
FORIDA ROCK PROPERTIES INC / null
BCIV1800074 / CONSTRUCTION
This permit is for rough grading and erosion and sediment control civil work associated with the temporary parking lot, relocation of the dog park and construction staging area on the undeveloped portion of the lot.
   
04/17/18 
RIVERFRONT HOLDINGS I LLC / JUSTIN BELLOW
FD1800020 / CONSTRUCTION
Foundation only for new residential building
227 TINGEY ST SE   
03/28/18 
UNITED STATES OF AMERICA / ERICKA CLARK
AH1800760 / CONSTRUCTION
significant concrete pours and tower crane erection 5AM - 7AM and 7PM - 10:00PM
   
04/12/18 
UNITED STATES OF AMERICA / STEPHEN J. EXELBERT
P1805022 / SUPPLEMENTAL
300 TINGEY ST SE   
04/12/18 
MERCURY LLC / WILL TEASS
B1803433 / CONSTRUCTION
INTERIOR FIT-OUT / EXTENSION OF EXISTING TENANT SUITE (APPROVED UNDER B1605215) INCLUDING NEW MECHANICAL AND ELECTRICAL WORK. **LEVEL 2 ALTERATION
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
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)


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.