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Near Southeast DC Past News Items: Monument/Half St.
See JDLand's Monument/Half St. Project Page
for Photos, History, and Details
In the Pipeline
Homewood Suites Hotel
1111 New Jersey
Yards/Parcel A
1244 South Capitol
Florida Rock
Ballpark Square
Virginia Ave. Tunnel
New Douglass Bridge
Southeast Blvd.
Yards/Condo Project
Yards/Icon Theater
1333 M St.
New Barracks
Akridge/Half St.
Monument/Half St.
Capper Apts.
250 M St.
Nat'l Community Church
909 Half St.
Factory 202/Yards
Congressional Square
1000 South Capitol
SC1100
Completed
Twelve12/Yards ('14)
Lumber Shed ('13)
Boilermaker Shops ('13)
Camden South Capitol ('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)
Posts on Food/Fun
Retail News
Restaurants/Nightlife
 

Go to Full Blog Archive
177 Blog Posts Since 2003
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It's a lot of building to knock down, but a milestone of sorts was reached late last week at Building 213 when the demolition punched through from the west to the east, splitting the remnants in two and giving a peek at the vistas to come once it all comes tumbling down.
So I've added a bunch of new photos of the destruction to my Yards Parcel A page, and I also think the destruction is now far enough along to add the 171st entry to my Demolished Buildings Gallery.
In addition, I've scoured the archives and have come up with more than more than 40 vantage points where Spooky Central has been visible from and will be for just a bit longer.
But if you want a few more moments of the building not looking torn apart, go stand about halfway between M and N on first and look eastward above the "Event Parking" sign, as I did above. (I didn't even notice this quirk until I got home and looked at the photo.)
A few blocks away another man-made creation that won't be much lamented is being dismantled, as seen here in its before-and-after, with the Park Chelsea now looming:
Then there's some signage I have needed to officially record, that of the Subway Café and the Big Stick at 20 M (which got its tenant layout building permit approved recently), and the new Homewood Suites banner at 50 M. Plus there's now a tower crane at the Hampton Inn site.
To bring some green to the page, I'll close with this lovely photo of the increasingly lush Monument Valley just north of the ballpark.
And I'll have an even more interesting batch of photos coming soon.
(Click on any of these to launch a mini-slideshow of all of them.)
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More posts: 20 M, Homewood Suites, the Big Stick, Monument/Half St., photos, The Yards, Parcel A/Yards
 

Documents filed with the Recorder of Deeds within the past few months show that Lehman Brothers has executed the necessary legal and financial maneuvers to take sole ownership of a portion of the infamous hole in the ground on Half Street just north of Nats Park (which I can't believe I didn't until this instant ever think to call Monument Valley).
The site, on the northern part of the hole and just south of 55 M Street, was going to be the hotel portion of Monument Realty's block-long Half Street development.
This is the third time in the past few years that Lehman has taken ownership of property in Monument's once-vast holdings just north of the ballpark. Lehman was one of Monument's investment partners on these properties, in addition to being the lender.
In both of the other cases, the "foreclosure" by Lehman ended up being a precursor to the sale of the property--both at 50 M, bought by investors in May 2013 and now the site of the planned Homewood Suites hotel, and at 1244 South Capitol, bought by JBG in late 2013 and likely to be a residential project. (The company's 55 M Street office building was sold in late 2013 without a Lehman takeback.)
Whether this is another precursor to another sale, we will have to see.
As of now, Monument retains an ownership stake in only two properties in the Ballpark District: the southern half of Monument Valley, where a residential project was planned, and the old Domino's site at One M Street, where back in 2012 Monument had been starting to shepherd an office project through zoning.
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More posts: Development News, Monument/Half St.
 

It's been announced that 55 M Street, the 265,000-square-foot office building at Half and M on top of the Navy Yard Metro station just north of Nationals Park, has been sold by Monument Realty (and its investment partners Lehman Brothers and McFarlane Partners) to Hines Global REIT, for an as-yet undisclosed amount.
Open since 2009, 55 M has 89 percent of its space currently leased, with tenants including the District Department of Transportation and the Federal Aviation Administration. The ground-floor retail spaces remain empty except for Bank of America on the building's northeast corner, but perhaps now that the sale has been completed, some movement on the other spaces may be seen.
The building was to be the first phase of Monument's Half Street development when construction began on it in 2007, but the Great Economic Difficulties of the late 00's stopped the subsequent phases in their tracks, leaving only the large hole that was dug for them at the same time 55 M was being built. Monument still has on the boards its Half Street plans for a 200-room hotel and 350 units of residential, though with no announced timeline.
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More posts: 55 M St., Development News, Monument/Half St.
 

Readers are reporting that, on schedule, the new Bank of America branch in the ground floor of 55 M Street opened today. The BoA web site also now lists it as well, though it doesn't include the lobby hours yet. It's still called the "Waterfront" branch, since this is technically a move of the branch that was at 4th and M SW for many years, in the old Waterside Mall/new Waterfront development.
This is also the first retail tenant in 55 M, the building right on top of the west entrance of the Navy Yard Metro station.
If I were a good blogger, I'd run over there and get a photo, but, given that this is the fourth bank to open in the neighborhood, my Financial Services Excitement Meter is not exactly exploding off the charts. (UPDATE: But the Twitterverse comes through and makes up for my malaise.)
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More posts: 55 M St., Monument/Half St., Retail
 

A reader reports that a sign has been posted on the ATM at the Bank of America branch/trailer at 4th and M, SW, alerting users that the location will be closing on July 20, reopening in Southeast on July 23.
We already knew that BoA is coming to 55 M Street, the building on top of the Half Street entrance to the Navy Yard-NotYetBallpark Metro station, and so now there would indeed seem to be an actual date attached to the arrival. A permit application was submitted to DCRA last week for a Bank of America sign at 55 M, in case a flyer on a machine isn't quite official enough.
When it opens, it will join Capital One (ex-Chevy Chase), Wells Fargo (ex-Wachovia), and PNC SunTrust in blanketing Near Southeast with banking options. (Wherefore art thou, Citibank?)
UPDATE: Oh, I guess there's already a Navy Yard BoA branch. So, all you "Navy Yard residents", feel free to try to use that one. {tee-hee}
UPDATE II: Oops, wrong bank with orange-based color scheme. Fixed PNC to SunTrust. And, also, it looks like Navy Yard-NotYetBallpark has become Navy Yard-Ballpark, at least on the WMATA web site.
UPDATE III: The sign at the SW branch, for those who want visual proof.
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More posts: 55 M St., Monument/Half St., Retail
 

So many Tweets recently, such small items. Let's see how short I can keep them:
* Justin's Cafe is looking to have a block party on Saturday, April 14 (when the Nats and the Reds play at 4:05 pm), and ANC 6D has supported the request to close 1st Street between K and L. (Thanks to SWill for, once again, picking up my slack.) Still probably some bureaucratic hoops to jump through before all is confirmed. This was moved from Opening Day so it would be on a weekend, Will says,
* Looks like DPW's trucks have departed a couple weeks earlier than expected from the agency's longtime home at New Jersey and K, although all the lights may not be turned out just yet. Demolition is in the cards, though some environmental abatement has to happen first.
* New striping and bike lanes were installed Monday on I Street SE between South Capitol and New Jersey.
* Start starving yourself now to prepare for the Red Porch's eight-pound "StrasBurger."
* Photographic evidence of fences down at the old Bullpen, clearing the way for Fairgrounds.
* Bank of America is now building out its new space in the ground floor of 55 M south of the Metro entrance, informed sources say. (They're closing their Southwest location in June.)
* Could DC United be setting up shop just a few blocks up Potomac Avenue from Nationals Park?
* Near Southeast gets off relatively easy in this Sunday's National Marathon Street Closure Sweepstakes (just South Capitol south of L, and the Douglass Bridge).
Anything else going on these days? Besides that sandwich shop opening?
UPDATE: Let's add the elephant parade! Starting tonight at 8 pm, on the southern edge of Garfield Park at the train tracks where Virginia crosses under New Jersey, says WTOP.
UPDATE II: And, from the Hill is Home, a Q&A with ANC commissioner David Garber.
UPDATE III: I sent a lackey down to Potbelly to get a few opening-day shots. Hope he's not expecting to get reimbursed for his lunch.
 

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.
BoA is apparently leaving its swank construction-trailer digs at 4th and M SW this spring, and so is on the hunt for a new close-by home. Some workers at that branch have apparently told patrons that they are definitely moving to 55 M in June, but for now we'll go with Monument's statement that things are still in the negotiating phase.
If it comes to pass, BoA would be the fourth bank to open a branch in the neighborhood. (My own bank not being among them, alas.)
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More posts: 55 M St., Monument/Half St., Retail
 

I've tried over the past few months to clampdown on runaway Tidbits posts, but these are some pretty small tidbits, so I think I'll let them through:
* Douglass Bridge: The Feds have "freed up" $68 million from previously appropriate funds to allow DC to start buying up right-of-way land for the new South Capitol Street/Douglass Bridge. NBC4 quotes DDOT chief Terry Bellamy as saying "If I had my way and we had the money, we could possibly see a new bridge in about six to seven years." But, considering they're looking for $800 million for not just the bridge itself but all the associated improvements to South Capitol Street and its interchanges with I-395 and I-295, getting the rest of the money might be a little trickier.
* Half Street: According to the Post, Monument Realty and investment partner Victor MacFarlane "are now thinking about when to begin" developing the rest of their Half Street project. The southern portion of Monument's side of Half Street (the east side--you know, where the big hole in the ground is) was originally designed with both a hotel and a residential building. And there's still no word from Akridge on a start date for their side of Half Street (the Bullpen side).
* DPW Move: While the timeline for getting DPW into their new home on Okie St. NE and out of their New Jersey and K site has slipped (shocker!), things are still moving forward, and I'm hearing that they should be moved early in 2012. But this delay is not as yet impacting William C. Smith's plans for a new apartment building just to the north--various permits have recently been approved, and WCS expects to start some deep infrastructure work, along with some clearing and grading along New Jersey Avenue north of I, sometime in December. (But WCS needs DPW out before too long because a smidge of DPW land crosses what will eventually be the new I Street and onto the WCS property.)
* Wha?: Is it just me, or does this article seem like it was written in 2009? It's a bit odd to trot out version 83 of the "there's no food in Near Southeast" story when there are leases signed for at least 10 new eateries to open in the next 12 months: Lot 38 Espresso at the old Little Red Building site (Any Minute Now!), Potbelly and Kruba Thai in the Foundry Lofts by spring, the Park Tavern at Canal Park by summer, and six choices at the Boilermaker Shops by the end of 2012. Not to mention probably another couple places in the Lumber Shed, perhaps a big one at 100 M, and a Harris Teeter in 2013. But I still predict that, when the slew of What's Happening Around Nationals Park stories come pouring out in advance of Opening Day 2012, the focus will still be on the lack of movement along Half Street (see Tidbit #1).
* New Bridge: Don't forget the dedication ceremony for the Yards/Teague bridge on Tuesday at 1:30 pm on the Yards Park side of the bridge. In addition to the mayor and DC Water chief George Hawkins, the organizers are also expecting Eleanor Holmes Norton, Naval District Washington Commandant Rear Admiral Patrick Lorge, USDOT deputy secretary John Porcari--and the Racing Presidents!
 

A roundup:
* Friday is Bike to Work Day, with the Yards Park being one of the morning "pit stops," from 7 to 9 am. If you're interested in joining in the fun, you need to register.
* The Canal Park folks have recently begun using their Twitter account, CanalParkDC. An update on the park's progress was tweeted on Wednesday, though it probably wasn't what park fans want to read: "Rain delays, water in our excavation preventing pouring foundations. Very frustrating!"
* The Navy Yard has created a Twitter feed for its portion of the Anacostia Riverwalk, to alert people to planned closings. This is in addition to the web page they've set up for hours and information about the riverwalk.
(I've added both of these feeds to my Near Southeast Businesses/Organizations Twitter list, which displays all the latest tweets in real time on the JDLand home page, for those of you who have remained blissfully outside of the Twitter vortex.)
* Louisiana State Society is having its Crawfest at the Yards Park on Sunday (May 22), with 4200 pounds of boiled crawfish, 150 pounds of jambalaya, sausage, corn, and potatoes, Abita beer, Louisiana music, and more. Society members get in for $45 per person, while non-members can pay $55 to attend. (Tickets for children 12 and under are $15.)
* DDOT says that its move out of the Reeves Center to Monument Realty's office building at 55 M is almost complete.
* Speaking of 55 M, it was named "Best Urban Office over 150,000 SF" at the NAIOP Maryland/DC 9th Annual Awards of Excellence.
 

This was referenced in the flurry of stories on the company a few weeks ago, but Monument Realty has now officially announced that they have signed a 10-year 50,000-square-foot lease with the Federal Aviation Administration at 55 M Street, the building on top of the Navy Yard Metro station just north of Nationals Park. With this lease, DDOT's 150,000-square-foot lease signed last fall, and two other smaller tenants, the 275,000-square-foot building is now 85 percent leased, with only three smaller office suites remaining (as well as all of the building's ground-floor retail space).
The press release says that the FAA is expected to move into their new spaces on the 8th and 9th floors in April, and that DDOT is expected to complete its move to the fourth through seventh floors during the second quarter of the year.
As for the rest of the Monument Half Street project, which as designed includes a 200-room hotel and 332 residential units and plenty of ground-floor retail to the south of 55 M, the press release quotes executive vice president Douglas Olson as saying that they are"actively working to move forward with Monument's next phase of Half Street."
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More posts: 55 M St., Development News, Monument/Half St., officespace
 

Both the Washington Post and the Washington Business Journal (subscribers only) came out with stories this week chronicling the rise and fall and now re-rise of Monument Realty. They both describe Monument's high-flying ways during the real estate bubble of the early 2000s with "high-risk, high-return deals and an aggressive, cowboylike approach to development that rubbed the old guard the wrong way," followed by their near dissolution thanks to the collapse of their backer, Lehman Brothers. But thanks to some new deals around the region with different financing partners, Monument appears to be rebounding.
There's not been an announcement from Monument that I've seen, but the WBJ article says that Monument has signed the Federal Aviation Administration to a 55,000-square-foot lease at 55 M Street, which I believe would bring the building to about 90 percent leased. (At the time Monument announced their deal to lease 150,000 square feet to DDOT, they said the 275,000-square-foot building's office space was 70 percent leased.)
However, in detailing what it says are $500 million in new Monument projects around the Metro area leveraged from a $10 million deal with Atlas Capital Group, WBJ makes no mention of any intentions for construction to get underway on Monument's remaining Half Street plans just north of Nationals Park. The well-known hole in the ground, dug in 2007 when 55 M was built, is eventually supposed to be 330 residential units and a 200-room hotel, which you can see a rendering of on my project page or on Monument's Half Street web site. Monument also owns all of the land on the east side of South Capitol between M and N except for the self storage building, as well as the 50 M street lot on the northeast corner of Half and M.
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More posts: 55 M St., Development News, Monument/Half St., officespace
 

From City Paper's Housing Complex blog: "The Department of Real Estate Services tells me that Councilmember Marion Barry has dropped his disapproval resolution on the District Department of Transportation's move to 55 M Street SE, which momentarily put the whole thing in limbo. That means the move can go forward as planned, without having to wait until reconsideration by the Council in September."
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More posts: 55 M St., Monument/Half St., politics
 

Yesterday I posted about how the city council had until close of business to decide whether or not to slow down DDOT's planned move to 55 M Street, SE--and now I'm hearing that Marion Barry has filed a "disapproval notice" that does delay the DDOT move. (Apparently he did the same thing with the contract for the new headquarters for the Department of Employment Services.) There will now probably be some behind-the-scenes wrangling to convince Barry to withdraw his disapproval--once/if he does, the contract would then be considered immediately approved, and the move can proceed.
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More posts: 55 M St., Monument/Half St., politics
 

WBJ updates its story from a few months ago to basically say, yes, DDOT is still planning to move to 55 M Street, Monument Realty's building on top of the west entrance of the Navy Yard station. The city council has until close of business today (Wednesday) to decide if it wants to hold up the plans, and apparently the council's budget office is taking a close look at the lease, since it will cost DDOT about $6.9 million per year over 10 years to consolidate all of its workers in Near Southeast, compared to the $3.1 million it's paying now to lease space in multiple buildings.
With USDOT just two blocks to the east, M Street SE would turn into Transportation Row if DDOT does indeed come to 55 M.
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More posts: 55 M St., Development News, Monument/Half St., officespace
 

Oh, I've wanted to post this rumor for so long (and have hinted at it on Twitter) but never could bring myself to pull the trigger when I couldn't get anything out of Monument or DDOT or any first-level source. But, here's WBJ going where I wouldn't (subscribers only): "[The District Department of Transportation] has signed a letter of intent and is close to a deal on a 10-year lease for 150,000 square feet in Monument Realty's Half Street building at 55 M St. SE, according to sources." Neither Monument nor DDOT would confirm to WBJ either, with DDOT spokesman John LIsle quoted as saying, "We are hoping to move this year. It may be ambitious, but that is our goal."
Originally DDOT was going to move to the Anacostia Gateway project, but that was cancelled a few months ago. WBJ says that, between DDOT's space and existing tenant Sayres and Associates (who apparently will be adding another 10,000 square feet to their lease), 55 M will be about two-thirds leased.
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More posts: 55 M St., Development News, Monument/Half St., officespace
 

From today's Washington Business Journal, for subscribers only right now, "Capitol Riverfront builders turn to HUD in hard times," which talks about Forest City's previously reported dealings with the Department of Housing and Urban Development to back bonds for the affordable housing component of the stalled Foundry Lofts project. Forest City's Ramsey Meiser is quoted as saying, "We are at a stage now where we are going back and forth. We have submitted paperwork. They have replied with questions. Hopefully, we will be back on track no later than this summer." (This is a little different than some recent breathless reporting that said that the project "could" restart this month.) It would then take about a year to finish the 170-unit apartment building that will also have ground-floor retail space.
WBJ also says that Monument Realty is "mulling" Section 220 FHA mortgage insurance to help get the residential part of their Half Street project restarted. But the 220 option, which has been used elsewhere in DC (Yale Steam Laundry and Rhode Island Station), doesn't sound real close--"Monument Realty has not yet applied for the Section 220 program but says it has been investigating the possibility since last summer. Russell Hines, the company's president, said the program's per-unit cost limit is a challenge," although there is federal legislation pending that would increase the per-unit statute.
(And, one correction for WBJ--this sentence could use a little love: "The Forest City and Monument Realty housing projects are just a portion of a four-building development planned at Half Street." The Foundry Lofts building, part of the Yards, is four blocks away from Half Street. UPDATE: It's been corrected.)
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More posts: Foundry Lofts/Yards, Monument/Half St., The Yards
 

* The Yards has been designated a LEED Gold Certified Neighborhood Development Plan, based on the 42-acre project's stage two design plan, which "integrates the principles of smart growth, urbanism, and green building into the first national system for neighborhood design." Read Forest City's press release, or learn more about the LEED for Neighborhood Development program.
* Southwest...The Little Quadrant With the Really Long Blog Name (hey, we kid because we love) gives a full report on the meetings last week to create a plan for Buzzard Point. The American Planning Association has posted its press release summarizing the sessions, saying that "Buzzard Point is a distinct area and should build on its strong existing residential character" and that any future plans should "[a]void using a cookie-cutter approach to redeveloping the neighborhood; the type of redevelopment taking place east of South Capitol Street is not what should occur west of South Capitol Street." (Yikes, now there's going to be a rumble in the South Capitol Street median.)
* Michael Perkins is not the person you want to be unable to find a parking space. Speaking of which, here's the second part of GGW's report on last week's Ward 6 Performance Parking public meeting.
* The US Department of Transportation HQ on M Street has been named a winner of the Phoenix Award, which "honors excellence in brownfield redevelopment" and honors companies and individuals who have worked "to solve critical environmental and community challenges when transforming formerly used real estate into productive new uses."
* Voice of the Hill reports on the latest Lower 8th Street visioning sessions: "Barracks Row Main Street executive director James Dalpee suggested that a Columbia Heights-style model, with several big anchor stores, might be what's needed to spur retail in the area," though "while they are dreaming big dreams, planners also have to contend with a number of potential obstacles. They include CSX's plans to tear up Virginia Avenue from 2nd to 11th streets for up to three years to make room for a double-stack train tunnel; the Marine Barracks master plan, which is set to be unveiled soon; and the 11th Street Bridges expansion project."
* WBJ's Breaking Ground blog points to a video by the Huffington Post's investigative unit on "Commercial Real Estate: the Next Hole in the Economy," which "stars" Jeff Neal of Monument Realty talking about the buying "binge" his company went on to snap up lots around the ballpark site in 2004 and 2005. (Though I think it's funny to see WBJ getting a bit snippy about news organizations "discovering holes in the ground" after they did, since I'd be willing to wager that they weren't the first to report on those sites, anyway.) WBJ also says that Neal is developing a reality TV show. Also be sure to check out the comments on the YouTube video for the sort of level-headed, reasoned discourse that we've all become accustomed to on the interwebs.
 

From WBJ, the news that government contractor Sayres and Associates has signed a seven-year deal to lease 20,000 square feet at 55 M Street, Monument Realty's office building on top of the Navy Yard Metro station at Half and M. Sayres currently is at Maritime Plaza, and is expected to move into 55 M in April of next year. This is the first tenant for 55 M; with the Bureau of Land Management moving in across the street at Lerner's 20 M next year, all of the office buildings in Near Southeast completed since 2007 will have lease deals (100 M was nearly 40 percent leased when it opened at the end of 2008).
Monument is still looking for financing to complete the south end of the block, where they have been planning to build a hotel and two residential buildings.
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More posts: 55 M St., Monument/Half St.
 

If you can wait an extra minute or to before going back to bed and pulling the covers over you until this cold rain is over, here's a few (very) small items:
* DDOT sent out a press release late Wednesday announcing a series of public meetings to "engage residents and businesses in the implementation of improvements proposed for the transit system for the city, including streetcars", the first phase of which should eventually run across the 11th Street Bridges from Anacostia to H Street NE. They haven't posted the release on their own web site yet, but Streetcars for DC has it (UPDATE: it's now posted at DDOT, and amended slightly). The closest meeting to Near Southeast is the first one, Oct. 22 from 7 to 8:30 pm at J.O. Wilson Elementary, 660 K St., NE. For more information, visit DDOT's Streetcar pages.
And, via BeyondDC, the WBJ is reporting that the H Street portion of the first phase will be completed first, thanks to lobbying by Tommy Wells. Wells is also working to overturn the longtime ban on overhead wires in parts of the city that include H Street, according to the article. But no timeline for the start of construction has been mentioned. (UPDATE 2: In a tweet, DDOT says this: "Our official target date is still late 2012 for Anacostia, but we are working to accelerate that line as well as H/Benning.")
Unfortunately, DDOT's current site doesn't include the early studies for the project, but Richard Layman ferreted out the web archive version of the site, where you can see the line down M Street SE and SW was one of the possible additional lines at this time. Will there be one in the next phase of plans?
* It may not seem like the sale of Corus Bank's portfolio of distressed construction loans to a group led by Starwood Capital Group would be of much interest, but included in that portfolio are the construction loans for both Velocity Condos and Monument's 55 M Street office building. This shouldn't have much of an impact on Velocity, but could help 55 M in its quest to lease space, as potential tenants see more certainty surrounding the building's financing.
* ANC 6D's October monthly meeting is Monday, Oct. 19, at 7 pm at St. Augustine's, 6th and M streets, SW. No agenda released as of yet (which is why I cry when I see other ANCs that post their agendas well over a week [sometimes two] before their meetings).
* Tommy Wells has arranged for free seasonal flu shots (not H1N1) to be given to senior citizens in Southwest and near Southeast on Saturday, Oct. 17, from 9 am to noon at the Greenleaf Recreation Center, 201 N Street, SW. The shots will be free for seniors with Medicare Part B as their primary insurance, or $30 otherwise.
* (ADDED) I linked to a story about this idea a few weeks back, but here's a detailed post from TSArchitect (cross-posted at GGW) on "McMillan Two," which would radically remake the Anacostia Waterfront by filling in much of the river to narrow it to a width of about 500 feet, the same as the Seine in central Paris.
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More posts: 55 M St., ANC News, meetings, Monument/Half St., streetcars
 

* GlobeSt.com says that the 100 M Street office building built by Opus East--and now owned by its bank after Opus went into Chapter 7 liquidation--is under contract to be sold for $80 million to Mayfield Gentry. Gentry has been pursuing the purchase since late last year. GlobeSt: "If events play out as expected, 100 M St., SE will fit nicely into the story line emerging for the District's real estate community: namely, that buildings in the city limits are still holding their value and attracting investor interest--so much so that the growing levels of distressed real estate are not likely to impact the District to any great degree."
And two quick links that I Tweeted on Friday but forgot to post here (oops):
* Want to rent out the ballpark or a portion thereof for a shindig? The NationalsEvents.com web site is now launched, with details on packages, rates, and more. (I needed this when I was trying to put together my high school reunion last year.)
* WBJ's Breaking Ground blog posted on the status of Monument's Half Street project, talking about "the hole" ("'The hole. Yes, the hole,' sighed Russell Hines") and the 55 M office building completed earlier this year which "is still empty but has experienced 'a distinct change in the level of activity' over the past two months, with a few seriously interested tenants." They're looking for ways to find financing to start construction on the residential and hotel portion on the south end of the block, but aren't finding any outlets yet; but because the site is owned outright between the equity partners (Monument, the shell of Lehman Brothers, and MacFarlane Partners), "no construction lender or mortgage holder is going to demand the keys" to the site.
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More posts: 100 M, 55 M St., Monument/Half St., Square 743N, Nationals Park
 
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