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On the bright side, we're about to have a long-watched hole finally graduate to above-ground construction, as Skanska's 99 M office building is at last reaching street level.|
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Another large apartment building for Near Southeast appears to be on the boards, with word filtering my way that Ruben Companies has begun working with Shalom Baranes Architects on designs for a 400-unit rental building on Half Street between I and K. |
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1015 Half, artomatic, Capitol Riverfront BID, CSX/Virginia Ave. Tunnel, 8th Street, Nat'l Community Church, square 697, square 906
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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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The purchase of the 35,000-square-foot lot at South Capitol and I gives Ruben control of the entire block known as Square 697N; the company picked up the other 47,000 sq ft of the block back in 2009 after developer JPI defaulted on its loan for what was then the site of a Wendy's restaurant. |
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icon. I also finally got my official "after" photos from Poplar Point for Diamond Teague Piers, which you can see on the project page and also here. And, for the fun of it, you can also "watch" the stadium go up from that spot.
icon to see the historical images. (I had a lot of spots that needed updating. Yeesh!)|
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We went through this back in early March, when sharp-eyed JDLand readers passed along indications of work re-starting at the stalled 1015 Half Street office building project, with a Skanska sign going up at the skeleton. But it disappeared soon afterward, along with the workers that had briefly materialized. But last Tuesday, faithful Tweeters again reported signs of life at the work site, and now WBJ is reporting that Skanska USA Building is indeed about to re-start construction, expecting to finish the 440,000-sq-ft office and retail project by the end of the year.|
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