Since January, 2003
            
 Sliding from Before to After

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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1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 11/13/18
150 B/O L ST SE   THEFT
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 11/12/18
400 B/O M ST SE   THEFT FROM AUTO
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Recent Issued Building Permits Archive  
1100 2ND PL SE   
10/23/18 
null / ANDY MCKELVEY
SP1800044 / CONSTRUCTION
Construct outdoor swimming pool on 10th floor roof of new building
1013 4TH ST SE   
11/05/18 
EVA WALTER / KYLE YOST
SOL1900066 / CONSTRUCTION
5.89kw rooftop solar pv system, less than 4' above roof
   
11/07/18 
EVA WALTER / null
E1901297 / SUPPLEMENTAL
1346 4TH ST SE   
11/01/18 
ALAN OWINGS / ROBERT HENRY
AH1900133 / CONSTRUCTION
After Hours Permit for 11 / 12 / 2018, to perform construction work with the below activities: Interior Operations: 7AM-7PM Exterior Operations: 9AM-7PM
1000 5TH ST SE   
10/31/18 
UNITED STATES OF AMERICA / JOY WILDER
B1901427 / CONSTRUCTION
Non Construction permit to change load for current Child Development Center with 26 children 3 to 6 years old +3 Staff to Child Development Center with 30 Children + 3 Staff.
   
11/16/18 
UNITED STATES OF AMERICA / BRANDON M WILSON
BP1900670 / POST CARD
2 I ST SE   
11/05/18 
CRESCENT CAPITAL VIEW / CASSANDRA MOSLEY
AH1900160 / CONSTRUCTION
Installation of wet utility services to the new building at 4 I Street SE including fire service, domestic service, and storm sewer.
   
11/14/18 
MCDONALDS CORPORATION / JUSTIN BISHOP
SP1800022 / CONSTRUCTION
Construct a 614 sqft in-ground, concrete swimming pool. All MEP, decking, and fencing work to be done under separate permit.
10 I ST SE   
10/24/18 
CAPITOL HILL RACQUET CLUB / BOB BIROONAK; N/A
SG1900026 / CONSTRUCTION
Relocating existing freestanding sign
   
11/14/18 
CAPITOL HILL RACQUET CLUB / BOB BIROONAK; N/A
SG1900075 / CONSTRUCTION
revision to existing approved sign permit SG1900026 Change to the footer only
110 I ST SE   
11/06/18 
null
E1901238 / SUPPLEMENTAL
200 I ST SE 20009   
10/25/18 
DISTRICT OF COLUMBIA / null
M1900267 / SUPPLEMENTAL
200 I ST SE   
11/05/18 
GOVERNMENT OF THE DISTRICT OF COLUMBIA / null
E1901223 / SUPPLEMENTAL
   
10/25/18 
DISTRICT OF COLUMBIA / CLIFFORD DIXON
B1809410 / CONSTRUCTION
DGS OCTO BUILDING...NEW GENERATOR ON THE ROOF WITH ASSOCIATED MECHANICAL
   
11/07/18 
DISTRICT OF COLUMBIA / DANIEL MCGUIRE
P1901098 / SUPPLEMENTAL
300 M ST SE 8TH FL   
10/24/18 
FEDERAL CENTER LP / ALFRED JORDAN 2024375067
E1900838 / SUPPLEMENTAL
300 M ST SE 8TH FLOOR 20003   
10/22/18 
JBG SMITH - MORGAN JOHNSON-MASSEY / null
E1900736 / SUPPLEMENTAL
130 M ST SE   
11/09/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / RICHARD PLUMLEY
P1901176 / SUPPLEMENTAL
250 M ST SE   
11/07/18 
WCSMITH - BRIAN STROTT / GEORGE ARTHUR KING
SB1900025 / CONSTRUCTION
Drill and construct two 2 inch diameter observation wells 42 feet below existing grade utilizing mud rotary drilling methods. All drill spoils will be contained, tested and disposed of per DOEE regulation.
400 M ST SE   
11/02/18 
CAPPER SENIOR 11 LIMITED PARTNERSHIP / null
E1901156 / SUPPLEMENTAL
861 NEW JERSEY AVE SE   
10/31/18 
CONSOLIDATED RAIL CORPORATION / BRANDON KNAPP
AH1900131 / CONSTRUCTION
Work in the public ROW with the Virginia Avenue Tunnel Reconstruction Project LOD for utility, demolition, concrete structure, paving, and site restoration construction activities.
   
11/07/18 
CONSOLIDATED RAIL CORPORATION / RPS INC
SB1900023 / CONSTRUCTION
Per Work Plan, Geotechnical Investigation, dated October 18, 2018 (see attached), the work involves drilling 12 soil borings using a HSA rig for the purpose of collecting soil samples for geotechnical subsurface exploration. Boring depths range from 80 to 150 ft. Borings will be properly backfilled after completion.
1100 NEW JERSEY AVE SE   
11/16/18 
SQUARE 742 LLC / IAN AND LEON COMMUN-ET LLC
B1901037 / CONSTRUCTION
EXISTING CONDITIONS TO BE DEMOLISHED AND NEW OFFICE SPACE BUILT TO TENANTS STANDARDS. OFFICE CONSISTS OF OPEN OFFICE AND PRIVATE OFFICES WITH SUPPORT AREAS. SUPPORT AREAS INCLUDE BREAK ROOM / PRODUCTION ROOM COMBINATION, SERVER ROOM WITH DEDICATED A / C, MOTHERS / WELLNESS ROOM AND CONFERENCING.
1111 NEW JERSEY AVE SE   
10/23/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / MICHAEL PISA; PISA
SG1800505 / CONSTRUCTION
Install 2 sets of wall mounted illuminated channel letters
   
10/25/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / null
E1900860 / SUPPLEMENTAL
   
11/05/18 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / MICHAEL B. BELL
E1901199 / SUPPLEMENTAL
125 O ST SE   
11/14/18 
DISTRICT OF COLUMBIA / CARL LAVENDT 2408821268
E1901525 / SUPPLEMENTAL
300 TINGEY ST SE STE# 140   
11/13/18 
FC BOILERMAKER LLC / ANTHONY DIRENZO
E1901464 / SUPPLEMENTAL
227 TINGEY ST SE   
11/01/18 
JOHN MORIARTY & ASSOCIATES / DFM DEVELOPMENT SERVICES, LLC
AH1900141 / CONSTRUCTION
Yards Parcel L-2. Afterhours permit for the purpose of installing precast concrete fa├žade panels. Work to take place 7PM to 7AM, 11 / 5 through 12 / 5.
300 TINGEY ST SE   
11/05/18 
FC BOILERMAKER LLC / DREW PEISHEL; JOHN RANOUS
B1813340 / CONSTRUCTION
Minor interior tenant improvment including building one non-load bearing partitiion wall adding millwork fixtures including cash desk, fitting rooms. No Structural work. Some electrical updates. **LEVEL 2 ALTERATION
   
11/08/18 
FC BOILERMAKER LLC / STEPHEN ADAMS 2403042373
E1901337 / SUPPLEMENTAL
   
11/16/18 
FC BOILERMAKER LLC / ANTHONY L HARRISON
E1901597 / 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;

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