Since January, 2003
            
 (a random before-and-after moment)
May 20, 2006
June 16, 2018
3rd at I, Looking Southwest (see more)

WBJ reports today that three developers have submitted proposals to WMATA for projects on what's known as the Navy Yard Chiller Plant site, on the southwest corner of Half and L, SE.
Sayeth Michael Neibauer: "Akridge wants to build office there. Trammell Crow has bid to construct a residential building, as has a joint venture of MRP Realty and CAS Riegler. All three buildings feature ground floor retail."
Apparently the next step will be public forums "to gauge community interest" in the proposals, and WBJ says that Metro is looking to make selections as soon as mid-summer.
This is not the first time that WMATA has looked to redevelop this 14,000-sq-ft parcel, but a two-year negotiation with Donatelli broke off in 2010 when the developer pulled the plug on a planned 84-unit condo building, saying that the neighborhood was "getting saturated" with residential and that "it didn't look like condominiums were a viable alternative."
WMATA has been looking to get this lot developed since 2006, and you can relive all the twists and turns through my many posts on the subject.
Most likely any developer chosen would buy the 7,700-sq-ft lot with the two-story building next door (which has a big For Sale sign draped on its western side) to expand the site. (That building has quite a history, for those who weren't around for my post on it back in 2010.)
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ValveetaChz says: (3/25/14 6:53 PM)
Seriously? Akridge? How about they finish the Half Street Project first before they take on anything new in Navy Yard???


dbt says: (3/26/14 1:25 PM)
I had exactly the same thought about Akridge. You would think that turning a low-revenue property (Half Street) into a high-revenue one by building something would trump buying more property to sit on, but it seems you'd be wrong in their case.


SWag says: (3/26/14 1:41 PM)
With all the visitors that come up and down half street every home game, and the 1,000 or so new residents the city is adding every month - you would think the Half St residential parcels would have no problem leasing/selling out! Navy Yard is hot! Helloooo? What exactly is the hold up? I don't know the history of Half St. development. I suppose I easily just snoop around on the site, but anyone have a quick history?

Also, I can see the logic in developing an office building on the chiller site, and not the mega project.


ZoolanderANDtheBoYz says: (3/26/14 2:38 PM)
It is a mystery. I think it has to do with Lehman brothers.
Lehman brothers was the financier for both Monument and Akridge on the half street project. I am not sure what kind of legal dispute Akridge have on the half street project. Unless JD is keeping the story to herself - All we can do is speculate and come up with our conspiracy theory.


JD says: (3/26/14 2:49 PM)
I don't think that's right about Lehman being involved in the Akridge side of Half Street--I don't ever remember Lehman being mentioned in concert with Akridge, only with Monument. And as far as I know there's no legal issue right now with Akridge's development. (Briefly there was a lawsuit by Monument when Akridge was awarded the Southeastern Bus Garage site, but that's been long over with.)

Monument got dealt a blow with both the economic collapse and the concurrent collapse of their money folks, Lehman. There's been some disentangling going on between those companies, though I think that's done now.

Both Monument and Akridge also bought their land at the very height of the market.

There were rumors at one time that Akridge was/is holding out for building the entire site at once, and since they aren't getting the office space leased, they can't move forward.

Beyond that, I don't really know what the deal is. Maybe someone more on the inside of CRE has some insight.


JD says: (3/26/14 2:53 PM)
I should also say, though, that I do hear through the grapevine that some financing types do look at the neighborhood and feel that it is perhaps getting a bit bubbly for residential. Might not be quite so easy to get financing when the banks see all the units currently under construction....



MJM says: (3/26/14 3:17 PM)
They are missing out if they don't build residential. As mentioned above the new people have to live somewhere. Condos have no problem going up elsewhere in the city. Akridge is probably the worst choice to build there. I can't think of another company in Dc that owns so many vacant plots of land. They are probably eyeing that spot as an extension of the Fairgrounds for the next five years until they can get financing to build.


JES says: (3/28/14 11:38 AM)
Bullish on residential?

link


JES says: (3/28/14 11:39 AM)
*Bubblish, excuse me

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Recent Crime Incidents Archive  
1000 5TH ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle) - Street / Unknown
 09/16/18
800 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/16/18
1000 B/O NEW JERSEY AVE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/15/18
1000 B/O 3RD ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/15/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 09/13/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/13/18
1000 B/O HALF ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/11/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/08/18
400 B/O M ST SE   THEFT
Shoplifting
 09/02/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/29/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/29/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/29/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/26/18

Recent Issued Building Permits Archive  
1108 3RD ST SE   
09/04/18 
JULIANA DUFFY / HERVE BILLIET
SOL1800816 / CONSTRUCTION
This is a new rooftop solar installation for 1108 3rd Street SE, Washington, DC, 20003.
   
09/06/18 
JULIANA DUFFY / null
E1810366 / SUPPLEMENTAL
1015 4TH ST SE   
09/17/18 
GASTON CHAN / KYLE YOST
SOL1800945 / CONSTRUCTION
5.89kw rooftop solar pv system, less than 4' above roof
   
09/19/18 
GASTON CHAN / null
E1810828 / SUPPLEMENTAL
1300 4TH ST SE   
09/07/18 
null / MITCH PERMUY 7274240492
E1810371 / SUPPLEMENTAL
1346 4TH ST SE   
09/07/18 
null / MITCH PERMUY 7274240492
E1810372 / SUPPLEMENTAL
1310 10TH ST SE   
09/10/18 
NAVFAC / BLAINE LINKOUS
EX1800093 / CONSTRUCTION
Federal property at the Washington Navy Yard. Project is for the installation of outside underground utilities including new potable water valves and stormdrain. All work is cut and cover utility install. Sediment controls will be provided.
2 EYE ST SE   
09/18/18 
null
M1803959 / SUPPLEMENTAL
   
09/18/18 
null
P1809280 / SUPPLEMENTAL
4 I ST SE   
08/29/18 
CRESCENT COMMUNITIES / MITCH A. PERMUY 727-210-0492
E1809865 / SUPPLEMENTAL
   
09/18/18 
JOHN MORIARTY / null
M1803958 / SUPPLEMENTAL
2 I ST SE   
08/27/18 
MCDONALDS CORPORATION / DONNA G GRAHAM
AH1801251 / CONSTRUCTION
WR #3573836-VAETH / BRUNO-WARD 6-20003-PEPCO CREWS WILL BE WORKING #2 I ST SE - MAY NEED TO BLOCK "I" ST ON OCCASION TO INSTALL NETWORK TRANSFORMERS AND INSTALL CABLE - CREW WILL BE WORKING AT NIGHTS DURING THE WEEK (MONDAY THRU FRIDAYS) FROM 9PM TO 7 AM - WILL ALSO BE WORKING WEEKENDS (SAT & SUN) FROM 6AM TIL 6PM
   
08/29/18 
CRESCENT CAPITAL VIEW LLC / KIM MITCHELL
TL1800059 / CONSTRUCTION
EXPEDITION / VELOCITY PROGRAM - INTERIOR WORK ONLY FULL-SERVICE RESTAURANT WITH 78 SEATS AND 80 OCCUPANTS INDOORS. WITH BUILDOUT OF AN EXISTING COLD DARK SHELL STRUCTURE AT THE GROUND FLOOR OF THE 2 I STREET BUILDING PERMIT B1713380. THE BUILDOUT IS FOR A RETAIL KITCHEN.
   
09/11/18 
MCDONALDS CORPORATION / null
E1810511 / SUPPLEMENTAL
   
09/19/18 
MCDONALDS CORPORATION / DONNA G GRAHAM
AH1801319 / CONSTRUCTION
WR #3573836 - VAETH / BRUNO - WARD 6 - 20003 - PEPCO CREWS WILL BE WORKING #2 I ST SE - MAY NEED TO BLOCK "I" ST ON OCCASION TO INSTALL NETWORK TRANSFORMERS AND INSTALL CABLES - CREW WILL BE WORKING AT NIGHTS DURING THE WEEK (MONDAY THRU FRIDAYS) FROM 9PM TO 7 AM - PEPCO CREWS WILL ALSO BE WORKING WEEKENDS (SATURDAY AND SUNDAYS) FROM 6AM TIL 6PM - WORK IS ONGOING
150 I ST SE   
09/10/18 
WILLIAM CSMITH CO / GLENNWOOD ROGERS
M1803857 / SUPPLEMENTAL
418 L ST SE   
09/14/18 
null / NA NA NA
EHOP18998072 / HOME OCCUPATION
202 M ST SE   
09/05/18 
UNITED STATES OF AMERICA / DANIEL KISER; X
SG1800384 / CONSTRUCTION
Installation of 4 wall mounted signs. 2 @ 26.25 SF and 2 @ 35.5 sf
300 M ST SE   
08/27/18 
FEDERAL CENTER LP / SAM HOLLEN
B1809629 / CONSTRUCTION
INTERIOR RENOVATION TO 3RD FLOOR OFFICE SPACE FOR NEW MEDICAL OFFICE. PARTITIONS, FURNITURE, MEP AND LIFE SAFETY. LEAD WALLS FOR X-RAY ROOM. NO STRUCTURAL. 3006 SQUARE FEET. THE CENTERS FOR ADVANCED ORTHOPEDICS, LLC SUITE 325 **CHANGE IN USE, LEVEL 2 ALTERATION
   
09/05/18 
FEDERAL CENTER LP / null
P1808927 / SUPPLEMENTAL
   
09/05/18 
FEDERAL CENTER LP / null
P1808926 / SUPPLEMENTAL
1111 NEW JERSEY AVE SE 1ST FL   
09/18/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / null
P1809276 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE 3RD FLOOR   
09/17/18 
SQUARE 742 LLC / null
P1809222 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE   
08/30/18 
SQUARE 742 LLC / null
E1810159 / SUPPLEMENTAL
1111 NEW JERSEY AVE SE   
09/07/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / ASHLEY TORRES
TL1800132 / CONSTRUCTION
Tenant Layout to 1st floor for commercial bank use. 3036SF
   
09/10/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / null
M1803863 / SUPPLEMENTAL
   
09/12/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / null
E1810553 / SUPPLEMENTAL
125 O ST SE   
08/29/18 
DISTRICT OF COLUMBIA / DAVID T FONTANA
B1803497 / CONSTRUCTION
Revision to issued permit B1700636 for new six story DC WATER HQ office to include: Minor door, ramp and partition changes, corrections to foundation, slab and framing due to field conditions, MEP & FA coordination with other changes, minor changes to landscaping and water utility site work.
71 POTOMAC AVE SE   
08/27/18 
FORIDA ROCK PROPERTIES INC / null
AH1801250 / CONSTRUCTION
afterhours to pour concrete on jobsite from 8 / 27 / 2018 to 9 / 27 / 2018 from 9pm to 7am
   
08/31/18 
FORIDA ROCK PROPERTIES INC / MITCH PERMUY 7272100492
E1810173 / SUPPLEMENTAL
79 POTOMAC AVE SE   
09/13/18 
RIVERFRONT HOLDINGS I LLC / JOHN HOMICK 301-390-4800
E1810571 / SUPPLEMENTAL
221 TINGEY ST SE   
09/10/18 
KELLY THORNBURG / GLENNWOOD ROGERS
M1803850 / SUPPLEMENTAL
227 TINGEY ST SE   
09/07/18 
FOREST CITY WASHINGTON / DFM DEVELOPMENT SERVICES, LLC
AH1801286 / CONSTRUCTION
Yards Parcel L-2. Afterhours permit for precast concrete façade panel installation. Work to take place from 7pm on 9 / 24 / 2018 to 7am on 9 / 25 / 2018.
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
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One Hill South ('17)
Homewood Suites ('16)
ORE 82 ('16)
The Bixby ('16)
Dock 79 ('16)
Community Center ('16)
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Park Chelsea ('16)
Yards/Arris ('16)
Hampton Inn ('15)
Southeast Blvd. ('15)
11th St. Bridges ('15)
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Lumber Shed ('13)
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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)
Capper Seniors 1 ('06)
Capitol Hill Tower ('06)
Courtyard/Marriott ('06)
Marine Barracks ('04)


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