Since January, 2003
            
 (a random before-and-after moment)
December 29, 2006
June 16, 2018
1st at M, Looking South-Southeast (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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Comments

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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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  
1500 B/O SOUTH CAPITOL ST   THEFT
Theft 2nd Degree (theft From Building)
 08/16/18
800 B/O L ST SE   THEFT FROM AUTO
Theft First Degree (theft From Motor Vehicle)
 08/15/18
1500 B/O SOUTH CAPITOL ST   THEFT
Theft 2nd Degree (all Other Larceny)
 08/14/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/13/18
UNIT B/O N ST SE   THEFT
Theft First Degree (all Other Larceny)
 08/13/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/11/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (theft From Building)
 08/11/18
900 B/O HALF ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 08/11/18
1000 B/O HALF ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 08/11/18
700 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 08/09/18
1400 B/O SOUTH CAPITOL ST   THEFT
Theft 2nd Degree (all Other Larceny)
 08/07/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/07/18
1400 B/O SOUTH CAPITOL ST   THEFT
Theft 2nd Degree (all Other Larceny)
 08/05/18
UNIT B/O N ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/03/18
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (theft From Building)
 08/01/18
100 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/31/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/25/18
1400 B/O SOUTH CAPITOL ST   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 07/22/18
1000 B/O 1ST ST SE   ROBBERY  07/22/18
400 B/O M ST SE   THEFT
Shoplifting
 07/21/18
1000 B/O 5TH ST SE   ASSAULT WITH A DANGEROUS WEAPON
Assault W/i To Kill
 07/21/18
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/19/18

Recent Issued Building Permits Archive  
1300 4TH ST SE   
07/24/18 
PN HOFFMAN AND ASSOCIATES, INC. / TAMIKA STATON; OTIS
EN1801082 / SHOP DRAWING
Install 1 new elevators - 4000LBS@3500FPM Contract 639114, Elevator 1
   
07/24/18 
PN HOFFMAN AND ASSOCIATES, INC. / TAMIKA STATON; OTIS
EN1801083 / SHOP DRAWING
Install 1 new elevator 3500LBS@350FPM 12 Floors
4 I ST SE   
08/02/18 
CRESCENT COMMUNITIES / DANIEL P. THOMPSON
P1808039 / SUPPLEMENTAL
2 I ST SE   
08/02/18 
MCDONALDS CORPORATION / DONNA G GRAHAM
AH1801184 / CONSTRUCTION
WR #3573836 - VAETH / BRUNO-WARD 6-20003-PEPCO CREWS WITH 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 NIGHT DURING THE WEEK (MONDAY THRU FRIDAYS) FROM 9 PM TO 7 AM - WILL ALSO BE WORKING WEEKENDS (SAT & SUN) FROM 6AM TIL 6PM - WORK WILL START AUGUST 4TH, 2016 THROUGH AUGUST 31. 2018
300 M ST SE   
07/31/18 
FEDERAL CENTER LP / SAM HOLLEN
B1810089 / CONSTRUCTION
INTERIOR RENOVATION TO 8TH FLOOR OFFICE SPACE. PARTITIONS, FURNITURE, MEP AND LIFE SAFETY. NO STRUCTURAL. 2646 SQUARE FEET. SPEC SUITE 875
400 M ST SE   
07/25/18 
DISTRICT OF COLUMBIA HOUSING AUTHORITY (LAND) / DONNA G GRAHAM
AH1801155 / CONSTRUCTION
WR #3476633 / VAETH / BRUNO / WARD 6 / 20003 / PEPCO CREWS WORKING THE 300-400 BLK OF M ST SE SPLICING CABLE - WORKING SATURDAY 7 / 28 / 18 AND SUNDAY 7 / 29 / 18 FROM 6AM TIL 6PM
   
07/30/18 
CAPPER SENIOR II LIMITED PARTNERSHIP (IMPS) / DEBORAH MCCROSSIN
SOL1800691 / CONSTRUCTION
Installation of a 142.56 Kw roof mounted solar array.
861 NEW JERSEY AVE SE   
07/25/18 
CONSOLIDATED RAIL CORPORATION / NA CSX TRANSPORTATION, INC.
AH1801151 / CONSTRUCTION
Work in public ROW within the Virginia Avenue Tunnel Reconstruction Project LOD for utility, demolition, and concrete structure construction activities.
1111 NEW JERSEY AVE SE   
07/31/18 
null / NA NA NA
EHOP18941202 / HOME OCCUPATION
201 TINGEY ST SE   
08/02/18 
JBG/SEFC 170 LLC / BARBARA ANN STEDMAN
AH1801189 / CONSTRUCTION
WR#3570726 - CABLE SPLICING - MANHOLE ACCESS - ANTHONY PRICE
227 TINGEY ST SE   
07/27/18 
FOREST CITY WASHINGTON / null
P1807872 / SUPPLEMENTAL
   
07/27/18 
UNITED STATES OF AMERICA / null
P1807874 / SUPPLEMENTAL
300 TINGEY ST SE   
08/02/18 
FC BOILERMAKER LLC / CARLOS E. MONTES
P1808020 / SUPPLEMENTAL
(1) Chiller (1) Water dispense
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
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Agora ('18)
1221 Van ('18)
District Winery ('17)
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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)
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20 M ('07)
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Courtyard/Marriott ('06)
Marine Barracks ('04)


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