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There were 15 properties that received reductions for their 2012 bills, totaling about $148 million. The big property owners managed a few hefty cuts, with JBG's US Department of Transportation building leading the way with a $47.7 million reduction to just under $615 million, followed by CSX's empty lots near the freeway north of I Street getting a $46.3 million haircut down to $66.2 million. Many of the other shiny new-ish buildings of the neighborhood also got their tallies reduced, such as apartment buildings 70/100 I and 909 New Jersey and office buildings 20 M, 55 M, 225 Virginia, and Maritime Plaza I and II. |
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Developer William C. Smith is announcing today that the apartment project we've been referring to as 880 New Jersey will be called the Park Chelsea, and is expected to get underway sometime during the second quarter of this year. And there's even a rendering now, and an official web site.
Once started, construction should take about two years.|
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The meeting probably isn't even finished yet, but if you didn't (or did) stop by the first of DDOT's public meetings on their nine-month M Street SE/SW Transportation study, you can browse the presentation slides and take the stakeholder survey, already posted on the new web site for the project.|
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Boilermaker Shops/Yards, Restaurants/Nightlife, Foundry Lofts/Yards, photos, Retail, The Yards
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The news of the two freeway spans of the 11th Street Bridges opening over the past few weeks is of course the most interesting part of the current state of the project's construction, but there's plenty of work still happening on the Near Southeast side of the Anacostia River, from the new "11th Street Local" bridge that will open this summer (seen at right) to various other new ramps and flyovers.
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Back in February, the National Community Church applied for a raze permit for the Miles Glass site on the southwest corner of 8th and Virginia that it acquired along with a number of adjoining lots on Square 906 in 2010 and 2011. However, perhaps something was not quite right, because two new raze permit applications for 733 Virginia are now in the city's database, along with a separate new one for the car garage next door at 701 Virginia, the lot that finalized NCC's footprint.|
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* 1015 Half Buyer: On Friday the Post debuted a "What's Going On With....?" feature at their new Where We Live Real Estate blog (reminds me of my old "What's the Deal With...?" days), and the first item was on the empty office building at 1015 Half Street. One tidbit not mentioned there, or at JDLand before now, is that apparently Prudential Real Estate Investors is buying the building, with the deal supposed to be closing this month, according to Bisnow. Bisnow says that the deal was always for Prudential to buy out Bank of America's stake in the building when it was finished, even back when it was Opus East doing the developing, not current receiver Douglas Wilson Companies.|
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UPDATE: The new span will indeed open on Saturday, Jan. 7, as confirmed Thursday evening by a DDOT tweet. Watch for detours during the day as they make the switch.|
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If you're looking for an excuse to have a celebration (and who isn't in the long, seven-day slog between Christmas and New Year's), you can raise a glass on Wednesday to the 20th birthday of the Waterfront, Navy Yard, and Anacostia Metro stations, which opened on Dec. 28, 1991.
"Metro's newest neighbors on downtrodden M Street SE have been coping for months with the dust and shambles of tunnel construction by holding onto one hope: Maybe Metro can make things better."|
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It looks like Monument Realty's office building at 55 M Street may be close to getting its first retail tenant, as they have confirmed to me that they are in negotiations with Bank of America for a branch office in one of 55 M's ground-floor spaces, on top of the west entrance to the Navy Yard Metro station, just north of Nationals Park.|
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But sometimes the PR arms of companies can't help themselves--especially in the Twitterverse--and get a little ahead of the game. At which point (as the Post's Jonathan O'Connell then commented) it's pretty hard to put the toothpaste back in the tube.|
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