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I put a hard hat on my hard head for the first time in what feels like forever, and got my first look inside the soon-to-open Twelve12 apartment building on 4th Street at the Yards.
There's still a lot of finishing touches underway, but I got some photos of the model unit as well as some of the other parts of the residential portion of the development.
Forest City says that the building is somewhere in the neighborhood of a quarter leased, with the first move-ins coming later this month. Current prices range from $2,100 to $3,100 for studios/1 BRs, and from $3,500 to $4,500 for the two-bedroom units.
I didn't get inside the various retail offerings (though I did press my nose up against the windows). Sweetgreen, TaKorean, and the various components of the Vida Fitness empire (including Aura Spa, Bang Salon, and the Penthouse Pool Club) should be opening over the next few months, and the Harris Teeter Twitter account recently pegged Oct. 1 as the opening day for its new home at 4th and M.
Go look at the entire gallery for lots more shots.
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JES says: (6/3/14 11:01 AM)
Maybe I haven't paid attention to city-wide rental rates in a while, but those numbers seem insane to me.


SWag says: (6/3/14 11:49 AM)
Awesome photos


JD says: (6/3/14 12:02 PM)
They are a little higher than what Foundry Lofts came out of the gate at (a couple hundred bucks on each range), but I do think they're going for an upscale /luxury vibe.


conngs0 says: (6/3/14 1:54 PM)
Totally agree that the gradual increase makes at least some sense. Even if you don't count the places to be opened inside Twelve12, there's a heck of a lot more in the neighborhood than when the Foundry Lofts opened up, thus justifying the higher prices.

That said, even though it makes me feel like an old geezer recalling when gasoline was under a dollar per gallon, I can't believe the rental market has gotten to this point (and JES, it's not just this neighborhood; many apartments in townhouses north of the freeway are being listed well above $2k per month). Hopefully these rents are an indication of what the neighborhood can sustain in terms of businesses and retail.


JD says: (6/3/14 2:00 PM)
It will be interesting to see what the market-rate units at The Lofts at CQ will be priced at. (Further east, less interesting location, etc)

And despite my skepticism in another comment thread, I am hearing rumblings that Donohoe has gotten its financing lined up for 1111 NJ, so that might be starting in the next few months too.

The official start of 800 NJ shouldn't be far off either, since they got their shoring/sheeting/excavation permit last week.

On the other hand, my long-held skepticism about Florida Rock getting started in 2014 has held firm. :-)



JES says: (6/3/14 4:37 PM)
The upper end of the ranges don't surprise me too much I guess, as I'm assuming many of those are gonna have awesome water views. But 2100 for a studio, that will probably be on a lower floor, overlooking M Street?

I love it here, and I know we live in a very desirable area, but those rents are approaching what you see in Logan. And Logan has a LOT more stuff than we do, at least right now and for the foreseeable future. So that's why it kind of surprised me.


StringsAttached says: (6/4/14 9:36 AM)
RE: Rent rates - Don't forget the workers at Navy Yard or even the new facilities across the river at St. Elizabeth's. As many drive in from MD/VA (Arlington/Alexandria) every day and they start to see how the neighborhood is improving, they'll start to compare prices and if they were significantly lower than Arlington/Alexandria prices then the builder would be losing out. Not to mention the access to Nats Park, Metro, Capitol Hill, and the water front. And you live above a grocery store!? They should charge more!


Capitol Hill SE says: (6/4/14 3:21 PM)
@StringsAttached - Doubt it, as most Navy Yard employees (even the young ones) are very conservative and wouldn't even consider moving inside the Beltway. Furthermore, many of them get in at 6am and leave by 3pm so they're not subjected to the horrible traffic that encourages a lot of commuters to live in the city. I've been a Navy contractor for almost a decade and have met exactly one colleague who lived or had a desire to live nearby.


Kev29 says: (6/4/14 4:28 PM)
"But 2100 for a studio, that will probably be on a lower floor, overlooking M Street?"

These days a renter is lucky to find a cramped studio or "English basement" for under $1900. So you're adding a couple hundred here for brand new everything, W/D, high ceilings, lots of communal amenities, etc. And I don't think any units are that close to the ground or M. link


JES says: (6/5/14 10:26 AM)
Hah, I love the English basement marketing... "hmmm, how can we make a basement sound more.... cultured?"

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Recent Crime Incidents Archive  
400 B/O K ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 07/06/20
1200 B/O HALF ST SE   THEFT
Theft First Degree (all Other Larceny)
 07/05/20
100 B/O H ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/03/20
100 B/O O ST SE   ROBBERY  07/03/20
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 06/28/20
1200 B/O 1ST ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 06/25/20
1200 B/O SOUTH CAPITOL ST SE   THEFT FROM AUTO
Theft First Degree (theft From Motor Vehicle)
 06/23/20
1200 B/O NEW JERSEY AVE SE   ASSAULT WITH A DANGEROUS WEAPON
Assault W/i To Kill
 06/20/20
1000 B/O 3RD PLACE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/18/20
800 B/O SOUTH CAPITOL ST SE   ASSAULT WITH A DANGEROUS WEAPON  06/14/20
400 B/O M ST SE   THEFT
Shoplifting
 06/12/20
1000 B/O M ST SE   ROBBERY
Unarmed Carjacking
 06/09/20
UNIT B/O M ST SE   ASSAULT WITH A DANGEROUS WEAPON  06/07/20

Recent Issued Building Permits Archive  
1300 4TH ST SE RU-2   
06/18/20 
AP BOWER RETAIL LLC / MELISSA BRENT
SG2000335 / CONSTRUCTION
Install 1 illuminated wall sign & 1 illuminated blade sign - JENIs ICE CREAM
150 I ST SE   
06/15/20 
SQUARE 737 LLC / BOB BIROONAK; NA; NA
SG2000323 / CONSTRUCTION
two illuminated building sign
151 M ST SE   
06/18/20 
BROOKFIELD PROPERTIES / CHRIS CRESCI; NA
SB2000292 / CONSTRUCTION
WSP will be advancing approximately 50 soil borings to 30 feet, and an additional 8 borings to 4 feet via direct push. A water sample will be collected from 3 of the deep borings. All borings will be abandoned via bentonite grout mix. Investigation derived waste will be stored in DOT 55-gallon steel drums. Private and public utility locating will take place prior to the work beginning
250 M ST SE   
06/19/20 
WILLIAM C SMITH / null
E2008622 / SUPPLEMENTAL
   
06/24/20 
SQUARE 769 LLC / null
M2002834 / SUPPLEMENTAL
   
06/24/20 
SQUARE 769 LLC / null
P2006931 / SUPPLEMENTAL
300 M ST SE   
06/16/20 
FEDERAL CENTER LP / null
E2008501 / SUPPLEMENTAL
   
06/18/20 
FEDERAL CENTER LP / null
E2008587 / SUPPLEMENTAL
111 N ST SE   
06/16/20 
BROOKFIELD PROPERTIES / NA; CHRIS CRESCI
SB2000293 / CONSTRUCTION
WSP will advance 22 soil borings to 25 feet and 8 soil borings to 4 feet via direst push. A groundwater sample will be collected from 2 of the deep borings by installing a temporary well to be in the ground for just a couple hours. Borings will be backfilled with bentonite / grout mix. IDW will be stored in DOT 55-gallon drums. A private and public utility mark out will be completed prior to b...
861 NEW JERSEY AVE SE   
06/10/20 
CXS TRANSPORTATION INC / ;
P2006604 / SUPPLEMENTAL
   
06/19/20 
CXS TRANSPORTATION INC / ;
P2006843 / SUPPLEMENTAL
   
06/22/20 
GREYSTAR GP LLC / KIM MITCHELL
B1903035 / CONSTRUCTION
The proposed project is three structures which are connected by a shared below-grade garage, which is one story deep on the east half of the site and two stories deep on the west half of the site. Two structures will be residential, with a total of 756 units, and the third will be a 225-key hotel. The west residential structure (Building 3) is planned to be 13 stories with ground and roof level am...
   
06/25/20 
CXS TRANSPORTATION INC / ;
P2006972 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE   
06/10/20 
SQUARE 742 LLC, C/O SPAULDING & SLYE/STE 100, / PAUL WHITLEY
AN1900284 / CONSTRUCTION
PROJECT CONSISTS OF: REMOVING: (2) EXISTING EQUIPMENT CABINETS, (3) EXISTING ANTENNA'S, (1) EXISTING RRU'S AND ANCILLARY EQUIPMENT / CABLE AND INSTALLING: (6) PROPOSED ANTENNA'S, (3) PROPOSED RRU'S, AND(2) PROPOSED EQUIPMENT CABINETS ON AN EXISTING TELECOM FACILITY
1111 NEW JERSEY AVE SE   
06/12/20 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / TRACIE CLAXTON; NA; NA
SG2000257 / CONSTRUCTION
One Wall Mounted Sign illuminated
   
06/24/20 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / null
P2006938 / SUPPLEMENTAL
401 WATER ST SE   
06/18/20 
BROOKFIELD PROPERTIES / CHRIS CRESCI
SB2000294 / CONSTRUCTION
WSP will advance 23 soil borings to 30 feet and 8 additional borings to 4 feet using direct push. A groundwater sample will be collected from 2 of the deep borings by installing a temporary well. Soil boirngs will be abandoned with bentonite / grout mix. IDW will be stored for disposal in DOT 55-gallon drums. A private and public utility mark out will be completed priot to starting intrusive w...
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  
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Project Directory
Completed
Thompson Hotel ('20)
West Half ('19)
Novel South Capitol ('19)
Yards/Guild Apts. ('19)
Capper/The Harlow ('19)
New DC Water HQ ('19)
Yards/Bower Condos ('19)
Virginia Ave. Tunnel ('19)
99 M ('18)
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
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South Capitol Street
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East M Street
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