This is the first office tenant in the building, which was completed in spring 2007 and sits on the northwest corner of Half and M streets, across from the west entrance of the Navy Yard Metro station (one block north of Nationals Park); Wachovia Bank occupies one of the ground-floor retail spaces.

* Roll Call has a piece on the "slow-to-develop" Capitol Riverfront neighborhood: "Today, visitors to the stadium emerge from the Metro onto an almost empty street flanked by tall fences. Billions of dollars of real estate is planned for the area, but for now, it only offers a few half-empty buildings and the occasional fast-food restaurant." But there is this as well: "The buildings aren't all empty. BID estimates that about 1,600 people live in the area, leasing about half of the available apartments. Office buildings hold about 35,000 workers; Opus East, for example, has leased 50 percent of the units for its new building at 100 M St. SE." (Full disclosure: I'm quoted a few times.)

* On the flip side, a just-released CBRE report on the impact of the federal stimulus package on the DC and Baltimore region says: "The commercial real estate industry has begun to see an impact from the transportation-related stimulus activities. Government contractors are actively touring office buildings in the Capitol Riverfront submarket of Washington, DC, home to the headquarters of the U.S. Department of Transportation, for new growth related to stimulus-funded contracts. These tours are noteworthy as the submarket has seen limited interest over the first six months of the year as a result of the national and local economic recessions." We're also still waiting to hear which federal agency might be about to lease 100,000-sq-ft of space at 20 M, and whether Booz Allen Hamilton is taking 30,000 sq ft at 55 M or elsewhere in the neighborhood.

* And, if you saw a boat full of partying real estate professionals cruising up the Anacostia on Tuesday, it was the Urban Land Institute Washington's annual boat tour, which took the Odyssey from the Southwest Waterfront up to the Yards and then back toward Rosslyn and Georgetown.

* The news of the day gave the Republicans some trouble in the bullpen at last night's Congressional Baseball Game at Nationals Park. And the GOP's woes in Washington continued, with the Democrats winning the game for the first time in eight years, 15-10.

* I forgot to post this last week: M.L. Clark Real Estate, which negotiated the deal for the city to sublet 225 Virginia Avenue, is going out of business, says WBJ, with its two brokers moving to Cassidy & Pinkard.

* A reminder that this Saturday from 11 am to 3 pm is the Third Annual Ward 6 Family Day.

The article also says that an "undisclosed federal agency is on the cusp of announcing" a 100,000-sq-ft lease at 20 M. I have heard murmurings of some outfit moving to 20 M--if someone wants to whisper in my ear who it is, I'm listening!

A chunk of that change is coming from the first official assessment of Nationals Park, valued at $999,982,800 (geez, Mr. Tax Assessor, just round it to $1 billion and be done with it), a rise of nearly $650 million from the assessed value of just the land last year. Blocks that saw projects get completed in 2008 (70/100 I, 100 M and Onyx, and 55 M) got hefty bumps in their valuations, while other spots (20 M, the Capper blocks, USDOT, Maritime Plaza) saw their assessments go down.

I created a report comparing 2008 and 2009's numbers overall and by block, though I wouldn't swear to the exactness of each number down to the penny (but they're probably close enough).

As for the trend of the overall valuation of Near Southeast over the past nine years, it's still *up*:

2001: $221,096,652

2002: $428,312,487

2003: $640,209,280

2004: $771,006,345

2005: $894,123,520

2006: $1,781,481,650

2007: $2,539,618,280

2008: $4,467,137,880

2009: $6,004,334,490

UPDATE: Here's a link to a map of the square numbers, in case a bit more visual assistance would be helpful.

* On Friday (Oct. 3), the new Wachovia Branch at 20 M Street is having its official Grand Opening celebration, from noon to 4 pm. Stop by "for some food, music, and prizes!"

* On Oct. 24, the nonprofit group Living Classrooms is holding an event dubbed "A Night at The Yards," to raise money for their operations, including the Discovery Creek Children's Museum, and the City Kids Wildreness Project. It's at at Fourth and Tingey streets, from 7 pm to 12:30 am. Tickets are $125 each. There will be food and drinks, and a performance by the English Beat. (No, seriously.) Living Classrooms, a non-profit group that "uses maritime settings, community revitalization projects and other challenging learning environments" to provide hands-on education and job skills training for students (especially at-risk youth), has plans to eventually build its new "main campus building" on the far eastern edge of the Waterfront Park at the Yards

* This morning's Crime Incidents feed update shows two recent burglaries, one yesterday in the 900 block of New Jersey and one Friday in the 200 block of K. No narratives as to what happened are available yet.

* There's now a big Wachovia sign on the western end of 20 M Street.

* The Nats start a home stand tonight, first against the Mets and then this weekend against the Rockies. Because of DC United home games at RFK, the Nats Express will be operating out of Lot 7 both tonight (Tuesday) and Thursday (Aug. 14).

* On Thursday night there's a Ladies Night Out and Home Run Happy Hour at the ballpark, with all sorts of enticements to get the girls to come out to the ballpark. Tickets are $30. More info here.

* The Nats "First Ladies" (the players' wives and girlfriends), partnered with the UPS Store and the Marine Toys for Tots Foundation, collected over eight bins of school supplies and $6,500 in cash donations during their second annual Back-to-School Drive on Aug. 2 and 3.

* DDOT told me these were coming a long time ago, and a reader whose e-mail I've lost gave me a heads up a few weeks back, but now I've finally visited for myself to see that the ugly cyclone fences on the South Capitol and M overpass have been replaced with pretty gray-painted ironwork.

* You have to look kind of closely, but construction has indeed started at Capitol Quarter, with pretty new curbs being installed on the south side of L Street between Fourth and Fifth. You can see them if you squint at the photos on my Capitol Quarter Phase I page.

* The owner of the Third and K Market at, um, Third and K must be keeping track of what's going on nearby, because there's now a For Rent sign tucked in the door. (Alas, all the info sheets were gone when I got there.) If you've ever dreamed of running a corner market, here's your chance. The market's been closed since about 2006.

* The "Wachovia Coming Soon" sign is back in the window at 20 M, so my building permit reading was on the mark. (It's in the window on the far western edge of the building.)

UPDATE: Speaking of 20 M, GlobeSt.com is reporting (tucked in a piece on LEED Gold certification for 1100 New York Avenue) that several leasing deals are pending for 20 M. So perhaps that's why Wachovia has decided to start moving forward.

* I did a bit of needed housingcleaning to the home page map and project directory--adding in 88 K as a "featured project", demoting 1345 South Capitol to "star-only" status until the project starts moving forward again, and adding a few additional stars for projects like the coming retail renovation of 900 M Street.

I also did some updating of the tabs with the lists of projects--if you don't realize the tabs are even there (look just above the map for "Residential/Office/Retail/Hotel"), take some time during this lazy summer to click on them and be stunned and amazed by the easy access to project information....