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Monument Realty Planning 'One M Street' Office Building
Dec 20, 2012 10:39 AM
  On January 17, the Zoning Commission will be taking up a Capitol Gateway Overlay Review request from Monument Realty for "One M Street," an approximately 328,000-square-foot office building planned for the southeast corner of South Capitol and M streets, SE, on what old-timers know as the old Domino's site, just to the north of the self-storage building. The building, which is referred to in the zoning submittals as a speculative development, would have a large lobby entrance at the corner of South Capitol and M and somewhere between 9,000 and 17,260 square feet of ground-floor retail, plus four floors of underground parking with 310 spaces. It would be 12 stories high along M Street, but as seen in the above rendering grabbed from the documents, the height along South Capitol would be lower, because of the "different characters" of the two streets. You can see another rendering of the building, as seen from M Street at Van, here. This has also been referred to the National Capital Planning Commission for review, and ANC 6D will of course be getting a crack at it as well. There's no estimated timeline mentioned in the zoning documents. (But we know how I feel about "estimated" start dates these days anyway. Show me a shovel in the ground!) Monument has owned the Domino's parcel on the corner since 2005, and added the L-shaped parcel to its east and south in 2008 as part of its settlement with WMATA over not getting the Southeastern Bus Garage site just to the east. Monument, as most people know, built quite a portfolio of land in the blocks just to the north of Nationals Park in 2004 and 2005, having completed 55 M Street in 2009 and still controlling the rest of the land on the east side of Half Street, along with the old Sunoco site on the northeast corner of Half and M and the old BP/Amoco site on the northeast corner of South Capitol and N. |
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