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* I was not there, but the developers of the Florida Rock site apparently told Monday's ANC 6D meeting that they are looking at a June start of construction for the project's first phase, a 350-unit residential building. However, no building permit applications have been filed yet, with one reason being the need for some curb cut approvals, which the ANC voted to support. So, We Shall See.|
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WBJ reported on Thursday that Donohoe has made its decision to switch the long-planned 1111 New Jersey office development to a 13-story, 324-unit residential building with 11,000 square feet of ground-floor retail and 213 underground parking spaces. It will be called the "Gallery at Capitol Riverfront."
The site, which is above the New Jersey Avenue portion of the Navy Yard-Ballpark subway station, also includes the land upon which sits the St. Matthews Baptist Church at New Jersey and L (seen at right), which Donohoe has apparently acquired. As you can see in the rendering, the building will sit right next to but will not contain the Metro station entrance (the way 55 M Street contains the west entrance at Half Street).|
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A press release from Donohoe posted on the Capitol Riverfront BID web site says that the development company is designing a 13-story, 310-unit apartment building on its 1111 New Jersey site, on top of the east entrance to the Navy Yard Metro station, and will be acquiring the St. Matthew's Baptist Church next door (seen in the photo at right).
The building, designed by WDG Architecture, would have a mix of studio, one-, and two-bedroom units, and approximately 9,000 square feet of retail, "almost" the same amount as the office building. There's an early rendering of what the new building could look like on the BID page. UPDATE: Donohoe passed along the image at left.|
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Hot on the heels of the sales (completed and pending) of JPI's three "Capitol Yards" buildings, there's another notice in another lobby that a neighborhood apartment building is under contract to be sold. This time it's Onyx on First, the 266-unit apartment building on the southeast corner of 1st and L, which was developed by Faison with an assist from Canyon-Johnson Urban Fund and opened in late 2008. |
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* 1015 Half Buyer: On Friday the Post debuted a "What's Going On With....?" feature at their new Where We Live Real Estate blog (reminds me of my old "What's the Deal With...?" days), and the first item was on the empty office building at 1015 Half Street. One tidbit not mentioned there, or at JDLand before now, is that apparently Prudential Real Estate Investors is buying the building, with the deal supposed to be closing this month, according to Bisnow. Bisnow says that the deal was always for Prudential to buy out Bank of America's stake in the building when it was finished, even back when it was Opus East doing the developing, not current receiver Douglas Wilson Companies.|
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Word is starting to bounce around that a tenant is close to being signed for the prime restaurant space in the ground floor of 100 M Street SE, on the northeast corner of 1st and M, one block north of Nationals Park. |
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* A few readers have mentioned some work underway around the Boilermaker Shops at The Yards, but I'll burst the bubbles and note that it's not a sign of formal construction getting started on the 46,000-square-foot retail space. Forest City is taking care of some remediation on behalf of GSA, involving the paint inside the building along with some potentially tainted soil around the outside.|
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With an instruction to residents to Please Don't Panic, I'll pass along the news that Onyx on First, the 266-unit apartment building at 1100 1st St. SE, is up for sale. With a brochure touting "Excellent Transportation Infrastructure, Phenomenal Employment Opportunities," and "Shopping and Entertainment Options Abound," the sellers look to be trying to get in on what is clearly a rebounding multifamily market in DC. |
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