But it also has a few tidbits on the current and projected path of some upcoming parts of the overall project, starting on page 19. Here are the items that are probably of most interest, with the usual caveats that no timeline is written in stone anymore:

* Financing for the second phase of Capitol Quarter is being negotiated and is expected to close in mid-2010. Development work would then begin in August, and vertical construction in November. (Phase 2 covers the blocks between Third and Fourth and I and M, and will contain 116 new for-sale townhouses and 47 public housing rental units.)

* All but five of the 121 CQ phase 1 townhouses have sold, and two of those are being held back as model units.

* Financing is "being negotiated" for the planned apartment building on the northern half of Square 882, the site that's been the subject of my recent posts on the Marines coveting the site as well. That financing is expected to close in late 2010 according to this document, with an expected completion date of the apartment building in April 2012.

This $29M bond sale is not the last one for Capper infrastructure; the city council approved a total of $55 million in bond funding back in 2006, and the document says that the city "expects" another bond issuance for the rest of the money, "though the timing of such issuance is currently uncertain" (page 10).

As for what exactly the monies will be funding, the document lays out the following (page 22), though this is for the entire $55 million, so it can't be said that this current $29 million offering will cover all this (which will bum out the people who see the phase "community center"). Some of this work would also happen on the streets surrounding Canal Park:

* Repairing and replacing underground water and utility lines;

* Repairing streets and streetscapes and adding landscaping;

* Demolishing the DPW building (and smoke stack!) at 900 New Jersey, relocating DPW's operations, environmental site remediations (remember, that site was operating as a trash transfer site as far back as 1905);

* Building I Street through to New Jersey Avenue; and

* Constructing the new community center at Fifth and K.

It's expected that the bonds will be "priced" this week, with the sale closing by the end of the month.

I hear rumors that DPW could be out of their site by next spring, as the search continues for a new home for their operations (and maybe is getting close to a resolution).

Does this mean the notion of the Marines getting the site is finished? Is it a high-stakes game of chicken? Will the guys with guns ultimately take control of the site from the guys with apartments? As always, we shall see.

I now have my first overhead shots of the townhouses at Capitol Quarter, seen here compared with the same view in March 2006:

There's also photos of the view to the west, showing the changes the past few years have wrought:

The entire batch is here, though be sure to look for the icon because I wasn't able to update every angle. Also, use the "See All" links if you want to see the "between" photos of each angle.

But, wait! As I dug a little further, I found a flaw in my methodology that hadn't quite occurred to me before this year (though it probably hadn't been an issue too often before now): 11 of the big commercial buildings in Near Southeast had apparently appealed their initial 2010 assessments (sent out last year), lowering their tax bills by between 2 percent and 38 percent, from a combined $1.13 billion in the initial assessments to $909.36 million post-appeals. (Ten other buildings are showing no change in those assessments, and one--909 New Jersey--actually saw an 8 percent bump upwards, which was probably more of a function of the initial estimate being from before the building was completed.)

Taking these changes into account, the total assessments for 2010 for the neighborhood is closer to $5.88 billion, meaning that tally of the 2011 numbers just released of $5.89 billion would actually be a 1.9 percent increase. Except that I imagine that some property owners will be appealing again (since some of the 2011 numbers go right back to the original 2010 numbers that were appealed), and the $5.99 billion number will come down again.

Not all property in the neighborhood took a hit--with the opening of the first portions of Capitol Quarter, the blocks between Fourth and Fifth Street saw an increased value of $33 million, and the completion of Velocity raised the assessed value of its block from $99 million to $162 million.

And, since everyone will want to know: the behemoth of the area--Nationals Park--has an assessment unchanged from last year, at just a hair under $1 billion.

I'll check the numbers again later this year to see how many proposed 2011 assessments get altered.

Here's a quick table of the big properties that saw their 2010 assessments change from the original number released early in 2009:

Property	Original 2010	Revised 2010	% Diff.	Proposed 2011
300 M	$132.26M	$82.00M	-38%	$74.69M
55 M	$162.60M	$110.66M	-32%	$110.66M
80 M	$124.08M	$92.75M	-25%	$111.27M
100 M	$90.98M	$68.18M	-25%	$90.98M
1201 M (Martime #1)	$87.97M	$72.57M	-18%	$64.74M
1100 NJ	$142.79M	$121.40M	-15%	$139.16M
100 I	$85.20M	$73.00M	-14%	$85.20M
70 I	$132.28M	$119.00M	-10%	$132.28M
1000 NJ *	$84.46M	$81.06M	-4%	$79.75M
770 M (Blue Castle)	$23.93M	$23.17M	-3%	$23.93M
1220 12th (Maritime #2)	$66.99M	$65.57M	-2%	$47.57M
909 NJ	$68.05M	$73.58M	8%	$79.93M
* This is for the residential portion of Capitol Hill Tower; the 2010 assessments on the Courtyard by Marriott show no change.

* The Bullpen will be back in action this season, in its same spot on the northwest corner of Half and N across from the ballpark. There were two requested changes to the voluntary agreement between the ANC and the owner: that the bar be allowed to operate until 1:30 am (with alcohol sales ending at 1:00), and that liquor in non-frozen form be allowed alongside the already approved beer, wine, and frozen drinks, both of which are already allowed under the liquor license. The discussion was more contentious about process than it was about content (with commissioner David Sobelsohn arguing strongly that the motion should be tabled until the next meeting, which none of the other commissioners were interested in), but in the end the commission voted 6-1 to approve the extended hours, and that mixed drinks could be served during private events. There were some concerns from commissioner Rhonda Hamilton about the noise at the bar on weeknights, but owner Bo Blair said that live music will always be cut off by midnight.

* There is a move afoot by commission Bob Siegel to carve out some of the curb space in front of Capper Seniors #1 at 900 Fifth Street (which it must be noted is also across the street from his house). The street, which is one way in the block in question (between K and Virginia) gets clogged on a regular basis thanks to shuttle buses, vans, trucks, and other vehicles double-parking while at the building, and the residents want a portion of the curb cut out to allow vehicles to pull out of the traffic lane (like the one in front of the Courtyard by Marriott entrance). DDOT initially rejected the request because it was called a "curb cut," which means something different in traffic parlance, but DDOT's Ward 6 planner Jamie Henson was in attendance and pledged to help the ANC work with the engineering side of DDOT to see what could be done without taking away the sidewalk or the ADA ramps to the building.

* There was supposed to be an update from the Nationals, but no reps from the team were there; ANC chair Ron McBee did report that April 23 will be "Neighborhood Night" at the ballpark, with the first pitch and national anthem being performed by nearby residents and other goodies as well. (I imagine discount tickets will be part of the deal, but nothing was said. The game is against the Dodgers.) McBee also said that the ANC has requested a meeting with DDOT about the Traffic Operations and Parking Plan for this season, to check on how it's all going, but no specific concerns were mentioned. (With the Nats Express no longer shuttling fans to and from parking at RFK, there probably will be a noticeable uptick in traffic this year, even if attendance remains steady.)

* The next 6D meeting will be on March 8 at 7 pm, and it'll be held at the Courtyard by Marriott at New Jersey and L, so if you've been dying to go to a meeting but haven't felt like venturing across South Capitol, you'll get your chance. It's also worth mentioning that ANC 6B's meeting the next night includes an update by CSX on the Virginia Avenue project on its agenda.

Possible locations they're looking at for the new barracks appear to be north of the freeway (and outside of my boundaries!), including the Potomac Gardens public housing project at 12th and G, SE, and the Tyler Elementary baseball field at 10th and I, SE, but they are also considering the Marine Corps Institute site within the Washington Navy Yard. Also shown on their maps as a possible site is Square 882 (across from the barracks annex built in 2004), currently Nats Parking lot W on the site of the old Capper Seniors building, but the Voice article says that the DC Housing Authority has taken that block off the table--I've been hearing that DCHA is close to securing financing for the mixed-income apartment building they intend to build on the north side of that block, and would possibly begin construction by the end of this year.

The article also says that the current owners of the Blue Castle, Madison Marquette, have expressed an interest in leasing space in the old trolley barn to the Marines.

The Marines' web site for the development project has been updated with the packet from last week's open house, an FAQ, and other materials. There apparently will be a series of community meetings, which are described by the FAQ thusly: "The current plan is for the first workshop (February) to focus on needs and goals, the second workshop (March) to focus on potential development sites, the third workshop (April) to focus on CIMP alternatives, and the fourth workshop (May) to focus on CIMP consensus elements. Additionally, a charrette focused on the CIMP way forward will be held in fall 2010." (If you're interested in these, you should plan to attend rather than waiting for a JDLand report--I tend to stay away from community meetings that are pure planning sessions, because, well, they drive me insane.)

And note that this is a *different* armed forces expansion plan from the one we heard about last week, where the Navy is looking for additional office space outside of the walls of the Navy Yard. Got to keep your service branches straight these days!

For more about this funding, how it will work, and What It All Means, read my notes from the council hearing last month, including the prepared written testimony of a DCHA rep explaining the need for the bill.

Though I'm about to disappear down the college football rabbit hole for the the rest of the day, I couldn't resist getting a few quick photos of the new framing that's going up on the last block of Capitol Quarter's first phase, on the northwest corner of Fourth and I.

I also wandered over to First Street to get "final" photos of Velocity building now that the building has opened, including a shot of the sign now up at Justin's Cafe (not that you can really see the sign, thanks to poor sun positioning. Might have to sneak back over there early in the morning).

Here's the complete batch of before-and-after photos for the shots I posted today.

And now, time to go bite my orange-and-blue nails for a few hours.

There still aren't any details posted online by CSX or the District about exactly how the Virginia Avenue Tunnel project will work (though we do have notes from their various recent public outreach sessions), but at a cost of about $140 million, it's not a small piece of the $842 million "National Gateway" project. In the documents that were part of the National Capital Region Transportation Planning Board vote on the project back in September, CSX described the Virginia Avenue Tunnel as a "bottleneck that when unlocked improves the freight efficiency and mitigates the expected freight growth in the region."

(Quick background: This infrastructure work would be a combination of underground work on the Second Street blocks around Canal Park, the relocation of the DPW operations at New Jersey and K and demolition of that block, and perhaps the construction of I Street between Second and New Jersey. These projects were originally expected to be funded by the sale of unrated municipal bonds, but the current Economic Difficulties have made those sorts of bonds all but extinct, and additional attempts to secure loans from banks for the money have been fruitless as well. Read this for more details.)

The hearing was pretty straightforward--you can watch it via streaming video, plus I've managed to procure the prepared written testimony of David Cortiella from DCHA if you're more of a reader than a watcher (like me!). The main takeaways:

* The city is intending to sell $32 million in short-term bonds, and will cover the estimated $600,000 a year in costs from funds in an industrial revenue bonds assessment fund held by the Office of the Deputy Mayor for Planning and Economic Development. After three years, when presumably the bond market is a bit healthier and Capper's own PILOT fund has begun to receive payments, long-term bonds will be issued. John Ross of the CFO's office called this "a very clever arrangement."

* Because the council originally approved a $55 million bond offering as part of the original Capper PILOT legislation, the cost of these bonds is already reflected in the city's budget.

* DCHA and the CFO are asking that this bill be approved on an emergency basis at the council's December meeting, so that the bonds could be sold during late December or early January, which is apparently a good bond-selling time of year. (Christmas bonds for everyone!)

* Cortiella mentioned that DCHA is also investigating a change in the tax code that may allow the financing of the 189-unit apartment building planned for the old Capper Seniors site at Seventh and L (Square 882) by the third quarter of 2010.

* Money has already begun to flow into the Capper PILOT thanks to the completed houses in Capitol Quarter, and if the phase 1 and 2 townhouses and Square 882 apartments are finished as currently scheduled, approximately $1.2 million will be flowing to the PILOT fund each year by 2012. (It's the PILOT fund that then pays back the bonds.)

Jack Evans--the only councilmember at the hearing--was receptive to the plans and also to moving the bill as emergency legislation, calling it "a good project" and saying it should "definitely move forward." He also made sure to note that, since the new bonds are being backed with proceeds from the Gallery Place TIF, that the city will be "backing Ward 6 projects with Ward 2 money": "We're always helpful when we can be helpful," he said. He also reminisced that, when he first ran for city council in 1991, Near Southeast was in Ward 2, and that he received all of six votes across the entire precinct in the 13-man primary.

The council's December legislative meeting is scheduled for Dec. 15.