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GlobeSt.com has a brief on 1015 Half Street, the 400,000-square-foot office building by Opus East on the site of the old Nation nightclub along Half, K, and L streets. Excavation started last month, and they're looking at a spring 2010 completion date. It will be certified LEED silver at a minimum, and possibly even reach gold status. It's being built on spec, with no tenants signed yet. There's the possibility for ground-floor retail (the zoning for the site doesn't require it), and there will be three floors of underground parking, which I imagine will be available for Nats parking. You can see my 1015 Half page for photos of the site, though I haven't updated them since digging started. (Hope to get a new batch soon.)
Opus is also the developer of 100 M, which is scheduled to deliver this fall. And the GlobeSt article says that Opus is looking around Capitol Riverfront for other opportunities....
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More posts: 1015 Half, Development News, officespace, square 697
 

(Yay! More non-ballpark news!) Word has arrived that work has officially begun at 1015 Half Street, the new 410,000-sq-ft office building by Opus East on the site of the old Nation nightclub. (I think that's where the pile-driving echoing across the neighborhhod today is emanating from.) Delivery is expected by early 2010.
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More posts: 1015 Half, Development News, Restaurants/Nightlife, officespace, square 697
 

Just drove by and saw that the little garage on the 1015 Half Street site now is gone, making it the first entry in the Demolished Buildings gallery for 2008, and the 143rd building that I've seen come down in Near Southeast since January 2003. This site--formerly home to Nation, itself demolished in May of 2007--is expected to see the start of excavation on Opus's planned 410,000-sq-ft office building Any Minute Now.
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More posts: 1015 Half, Development News, officespace, Square 697n
 

According to this sign posted on Friday on the old DC Foreign Car garage on K Street between South Capitol and L, an asbestos cleanup project will be getting underway at the building starting Monday (Nov. 26), lasting through Dec. 7. This is on the 1015 Half Street site (better known to most as the site of the old Nation nightclub), where construction is supposed to start on a 410,000-square-foot office building as soon as they get their permits from the city.
More posts: 1015 Half, Development News, officespace, square 697
 

Nov 16, 2007 6:18 PM
Today's print edition of the Washington Business Journal reports that National Public Radio is looking for 400,000 square feet of office space for a new headquarters to replace their current location on Massachusetts Avenue. In addition to sites in NoMa and Silver Spring, the article lists possible Near Southeast locations 1015 Half Street, 1100 South Capitol, and.... 225 Virginia Avenue? The site for which the city signed a long-term lease last year when it planned to move the the Metropolitan Police Department there, before that plan fell apart in late summer? Is this just a mistake by the reporter, or is this a hint at bigger news afoot about the future of the old Post Plant?
Maybe those Capitol views are particularly enticing to the media--two months ago the WBJ reported that CNN is also looking at 1015 Half, 1100 South Capitol, and Lerner Enterprises' proposed building at 1000 South Capitol. (The lower prices on commercial real estate in this part of town probably don't hurt, either.)
 

Sep 14, 2007 9:09 AM
Today's print edition of the Washington Business Journal (online for subscribers only) reports that CNN, wanting 80,000-100,000 sq ft of space to upgrade its studios, is looking at three in-development office buildings in Near Southeast: Opus East's 440,000-sq-ft 1015 Half Street, at the old Nation site, which is scheduled to begin construction in October; Lerner's 320,000-sq-ft 1000 South Capitol right next door, which has no announced start date; and Ruben Companies' 350,000-sq-ft 1100 South Capitol, one block to the south. "Sources familiar with the search say the sites were picked for their views of the Capitol, access to transportation and the opportunity to build a structure designed to fit CNN's needs instead of retrofitting an existing building." It should be noted that WBJ also wrote back in late March that CNN (and other companies) were looking at Near Southeast.
 

Two more pieces about Opus East's purchase last week of the Nation site at 1015 Half Street; the Washington Business Journal today has a pretty straightforward brief, while yesterday's Washington Times has a longer piece that also discusses the Near Southeast commercial real estate market. (But there's one small quibble with the second sentence of this piece: "Although office buildings are nothing new for Opus East, building one on speculation in Southeast is unusual" is kinda sorta forgetting about Opus's 100 M Street project a mere two blocks away.)
Of course, when you read these (and the others), don't forget who first brought you the news about the sale, back on Monday.
More posts: 100 M, 1015 Half, Development News, officespace, Square 743N, square 697
 

GlobeSt.com has a piece (free for seven days) on Opus East's purchase of the Nation site at 1015 Half Street--not really anything new from what I posted on Monday (441,000 sq ft, construction starting in October, $41.5 million price tag) except that the developers will apply for LEED Silver certification on the project (i.e., it'll be a "green" building). But mainly I'm using this new article as a hook to mention that Opus has put its 100 M Street building on the market as part of a three-building Class A office building portfolio (see Grubb and Ellis's listings here, which include this portfolio.) From what I understand, Opus would stay on as developer until the certificate of occupancy on 100 M is obtained. Looks like the deadline for offers is tomorrow, so get your checkbooks out.
More posts: 100 M, 1015 Half, Development News, officespace, Square 743N, square 697
 

The word has arrived that last week the rumored sale of the old Nation nightclub site at 1015 Half Street was completed, with Opus East (backed by institutional investors) paying a rumored $41.5 million for both the land and the existing plans for a 411,000-sq-ft office building. The fine folks at Opus tell me that they are planning to start construction (on spec) in October, with delivery of the building by October 2009. You can see a rendering of the glass-a-riffic building, which will front Half, K, and L streets, on my 1015 Half Street page.

More posts: 1015 Half, Development News, Restaurants/Nightlife, officespace, square 697
 
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