Some bits of tid for you:
* NEW PROJECTS STARTING SOON
: Residents at Capitol Yards
and at Velocity
have received notices in recent days about the pending start of two residential projects outside their windows: a 275-unit building by Paradigm
on the east side of 1st Street between K and L (the old Market Deli site, for you long-timers), and Tishman Speyer's 800-unit project
with potentially more than 40,000 square feet of retail on the Square 696
parking-lot block bounded by I, K, 1st, and Half. There is precious little additional information about either development--when projects are "at right" and don't have to go through zoning approvals, easily grabbed details and renderings can be scarce, but hope springs eternal that more deets will pop up soon. As will the fences, pedestrian detours, and backhoes.
* ONYX SALE:
It's been announced that the sale of the Onyx on First
apartment building at 1st and L has closed, with local company UIP (Urban Investment Partners)
structuring a $95.5 million deal for the building that is now 10 (!) years old. UIP owns and manages about 2,800 apartments in DC and Maryland, and is also behind a lot of local renovations, including the old Howard Johnson's
across from the Watergate. What makes this sale a little interesting is that when the previous owners notified residents of an impending sale, they organized under the District's Tenant Opportunity to Purchase Act, and then chose UIP to take the tenant acquisition rights. The press release says that "UIP has committed to installing cell phone repeaters" and will also improve the roof deck kitchens, install dog runs, and undertake other "building enhancements."
* TUNNEL UPDATES:
from the latest "Coffee with Chuck" has a lot of cool pictures from inside the new Virginia Avenue Tunnel(s), where the JDLand camera does not tread. There's also continuing updates of schedules for cross street closures as the temporary bridge decks get demolished and the roads get rebuilt. Be prepared that a multi-month closure of 4th Street is coming, once 3rd Street is reopened.