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Near Southeast DC Past News Items: Development News
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Thompson Hotel ('20)
West Half ('19)
Novel South Capitol ('19)
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New DC Water HQ ('19)
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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)
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The Brig ('16)
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Hampton Inn ('15)
Southeast Blvd. ('15)
11th St. Bridges ('15)
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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)
 
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Opus East Files for Chapter 7 Liquidation
Opus East, the development company whose portfolio includes the already completed 100 M and under construction 1015 Half office buildings, filed on Wednesday for Chapter 7 liquidation, according to the Washington Business Journal. The article mentions the falling through of Opus's deal to sell 100 M to MayfieldGentry Realty Advisors earlier this year as part of the company's woes, and the building is part of the bankruptcy filing and liquidation. The 1015 Half Street project, expected to finish late this year or early next year, is presumably part of it as well. No tenants for the 440,000-sq-ft office building have been announced.
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More posts: 100 M, 1015 Half, Development News, officespace, Square 743N, square 697
 

Tough Times for Opus East and Monument Realty
Two pieces from today's Washington Business Journal, both for subscribers only, tell of difficulties for two of Near Southeast's developers:
* Opus East, which birthed 100 M and the under construction 1015 Half, is "teetering on the verge of bankruptcy" because the "U.S. General Services Administration has refused to pay the developer for 'even one penny' of the more than $35 million the company has invested in erecting a new federal building in College Park." Its parent company, Opus Corp., is exploring bankruptcy or restructuring for Opus East and Opus West--two other Opus companies went into Chapter 11 this spring. The article also says that Opus East's deal with MayfieldGentry Realty Advisors of Detroit to buy 100 M fell through in May; but 1015 Half is, for now, "continuing in full swing."
* And Monument Realty is having trouble, though not on Half Street--"At the end of May, at least three contractors filed suit in D.C. Superior Court to enforce more than $1.3 million in mechanic's liens the contractors filed against the last of three condominium buildings Monument is building at Potomac Place Tower near the Southwest waterfront. [...] At least one of the contractors is asking the court for a forced sale, if necessary, to collect amounts due."
 

JPI East, Akridge Principals Form New Company
From today's Washington Business Journal (subscribers only), news that Jim Butz and Greg Lamb of what was once JPI East have taken over what was left of that company (down to 22 employees from 380 a few years ago) and are partnering with Matt Klein and other principals at Akridge to create the Jefferson Apartment Group. Butz and Lamb "continue to hold a partnership stake in JPI [Multifamily]'s holdings," which includes 70 and 100 I and 909 New Jersey. The article says that Jefferson Apartment Group is "already targeting five properties" in DC, Philadelphia, and Boston, and "is in the early stages of planning and zoning new developments in Fairfax Count and Philadelphia," but doesn't mention what may be happening with 23 I, the fourth JPI property in Near Southeast on the Wendy's site at Half and I.
 

Tenants Coming to 20 M and 55 M?
From today's print edition of the Washington Business Journal (subscribers only), news that two as-yet-unoccupied office buildings in Near Southeast may be close to securing tenants. WBJ says that Monument Realty is "in discussions" with Booz Allen Hamilton to lease more than 30,000 square feet of space at 55 M (currently home to Artomatic), though Booz is apparently also looking at Lerner's 20 M across the street and the under-construction 1015 Half a block to the north.
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!
 

Fun With Permits; Meeting Reminder; Bullpen
The city's building permits feed hasn't been working with perfection of late, so I'm only now seeing some recent permits of interest:
* As many folks have seen (and as I Twittered last week), the asphalt is being pulled up on the southern end of Canal Park (here's a photo from last Friday, taken at Second and M). Two building permits have been approved for the southern two blocks, allowing for "interior cleaning [...] to remove pavement import top soil and plant grass." Hopefully the northern block will get a makeover too. (UPDATE: Commenter Scott says that work on the northern block is already underway.)
* Monument Realty has gotten a six-month extension on the raze permit for the Domino's at South Capitol and M. And, though it's outside my redrawn boundaries, I'll mention that 1244 South Capitol (home to the stalled Camden Development apartment building) got a final six-month extension on a raze permit for that site. (Though I was bummed to see on Opening Night at the ballpark that the little red brick building that had been left standing for so long was finally gone.)
* A final (belated) reminder that the latest Anacostia Waterfront Forum is tonight at 6:30 pm at the MLK Library. The topic is "Waterfronts and the World's Great Capital Cities," with office of planning director Harriet Tregoning.
* The Post wrote a piece in the Sunday Business Section about Bo Blair, the Georgetown Events "restaurateur / entrepeneur." Fun fact: he's paying $25,000 a month in rent for the space on Akridge's land at Half and N.
 

Demolition Underway at Old Bus Garage
Don't know if the work started on Friday or today, but a late-evening drive down M Street brought the surprise news that demolition is now underway on the old WMATA Southeastern Bus Garage at Half and M. The demo is starting at its southeastern end (closer to N Street), and I can't imagine it'll take too long to dismantle the building. There's scaffolding now in place for a pedestrian walkway along the garage's M Street face. This is the first demolished building of 2009 in the neighborhood, and the 154th since I started photographing the neighborhood. (Browse the previous 153 via my Demolished Buildings gallery.) The bus garage site, now owned by Akridge, is slated to be replaced with 700,000-sq-ft of office, residential, and retail offerings, with construction perhaps beginning in 2010.
When I was circling the block to check the extent of the demolition (made more difficult by Half Street currently being closed so that infrastructure work can be done), I drove past the Center Field Gate at the ballpark and saw that the blank concrete wall that used to be the northern face of the Red Porch restaurant is now floor-to-ceiling windows, looking onto the plaza.
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More posts: West Half St., Development News, Metro/WMATA, Nationals Park
 

(Not Quite So) New Photos: 1015 Half, 55 M
I was remiss in not mentioning earlier this week that I also posted updated photos on Saturday of the construction underway at 1015 Half Street (you old-timers can enjoy the shots of Nation one more time) as well as the all-but-completed 55 M Street (though the utilty work on Half Street prevented me from getting any photos other than of the northern part of the building).
For additional photos other than the ones on the project pages, check the Photo Archive for Half and I, K, L, and M, Van at M, and Cushing at L and M (which will also show you updated pics for other nearby projects, like Velocity).
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More posts: 1015 Half, Development News, officespace, square 697
 

Four Renderings of Akridge's Half Street
With thanks to the folks at Akridge, I at last have some renderings of their planned 700,000-sq-ft mixed-use project on Half Street, which I've added to my project page and paired with the "before" photos of the same location. These are the plans that were approved by the Zoning Commission last month, and you can read my more detailed description of the project for additional information. Construction could begin in 2010.
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More posts: West Half St., Development News, zoning
 

Feb 26, 2009 7:51 PM
Zoning Commission Approves Akridge Half Street
On Monday night, the Zoning Commission gave final approval to the Capitol Gateway Overlay Review of Akridge's Half Street project, on the site of the old WMATA bus garage at Half and M. Normally this would be where I would link to my entry with a detailed description of the late January hearing on this review--except that I couldn't find it. And as I thought back, it then dawned on me that I didn't actually write one. I think I was waiting to see if maybe I could get some renderings (which I've failed at), and then life sped onward. Oops. Feel free to ask for your money back.
But at least I wrote a long description of the project when it was presented to ANC 6D in December--or, if you really want to know how the hearing went, here's the transcript. (Though it will be pretty hard to follow along without any drawings to look at.)
The 700,000-sq-ft mixed-use project could get underway in early 2010. The bus garage will probably be demolished pretty soon, to clear the space for stadium parking.
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More posts: West Half St., Development News, meetings, meetings, Metro/WMATA, zoning
 

Jan 28, 2009 9:30 PM
Reminder: Akridge/Half Street at Zoning Commission
Thursday (Jan. 29) at 6:30 pm is the Zoning Commission Capitol Gateway Overlay Review for Akridge's planned 700,000-sq-ft mixed-use project along Half Street. You can read my summary of the project plans as presented to the ANC a few months back for details; the ANC voted to support this plan at their January meeting. (I still don't have any renderings--I hope to soon!)
There's also the Office of Planning's hearing report for the project, which was prepared a few weeks ago; it says that OP is "very supportive of the project" but was unable to make a recommendation at the time of the report because it required additional information. I believe there's been some back-and-forth between Akridge and the planning office since then, but details will have to come at the hearing. The OP report is a good offering if you want a pretty detailed analysis of how the project stands up against the CG Overlay requirements as well as explaining the various exceptions and variances being requested.
If you don't feel like schlepping down to the Zoning Commission offices at 441 4th St., NW at 6:30 pm (and there's no one who understands that more than me), you can watch the proceedings on live webcast (no archived offerings, though). I imagine I might send a Tweet or two, if there's something worthwhile.
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More posts: West Half St., Development News, meetings, zoning
 
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