Near Southeast DC: Past News Items
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Apr 1, 2005 9:18 AM
Mar 15, 2005
How to finance the new Nationals baseball stadium
is the story of the day:
• DC Chief Financial Officer Natwar Gandhi released his Alternative Financing Plans for Baseball Stadium Final Report
(or you can read "District Skeptical On Financing Deals
, 3/16/05]). The CFO has certified two of the eight proposals for private financing for the stadium--the plans by Deutsche Bank
and The Gates Group
. (See also a Dec. 18 Post
story detailing the Gates Group proposal
.) Gandhi and the mayor's office will work together to meet a 15-day deadline to determine which of the three plans (the two newly certified private plans plus the original public financing plan) offers the least expensive way to finance the stadium. (The Herbert S. Miller plan to create a "baseball village", which had received much publicity, was not approved.)
• And, according to the Washington Times
, "by the end of this week Gandhi also is expected to issue a report re-evaluating the projected costs for land acquisition, environmental remediation and infrastructure development for the new stadium. If the estimated cost, previously pegged by Mr. Gandhi at $115 million, exceeds $165 million, D.C. officials must search for a less expensive site. " So, that will be fun.
• Finally, The WashTimes
also says that a recommendation for the new stadium's architect
should arrive later this week, with a formal ratification by the DC Sports and Entertainment Commission early next week.
Mar 11, 2005
Next week should bring two milestones in the drive to put the Nationals' new stadium
in Near Southeast: the expected decision on an architect, as well as CFO Natwar Gandhi's final evaluation of the 8 proposals for private funding of the stadium project. The Post has had articles in the past two days on each: Marc Fisher's column "Grand Plan For Ballpark Raises Stakes
" about developer Herbert S. Miller's plan to "build a baseball village -- an urban center with 750 apartments, plus restaurants, clubs, small shops, hotels and a few big-box retailers". Today, David Nakamura writes "Stadium Architects Fear More of the Same
," about the feelings that architectural firm HOK Sport, which has designed 10 of the last 14 stadiums built for Major League Baseball, has been given the inside track on the project, with the need for speed perhaps trumping the desire for "a modern and memorable design." (JD editorial note: I have to admit that I like
the Camden Yards/retro-brick stadium look, and I'm not sure how much DC really needs to be on the stadium design forefront, with a "soaring glass and steel" architecture. But we'll see what is put forward.)
Mar 3, 2005
Feb 11, 2005
In addition to trying to decide on the design of the new baseball stadium
, DC officials also are now evaluating the eight private financing schemes that have been submitted. Today's Post
("'Big Boxes' Part of Stadium Pitch
") details developer Herbert S. Miller's proposal of "developing the land surrounding the planned ballpark in Southeast with the large-scale retailers [like Wal-Mart or Costco], a variety of smaller stores and restaurants, 450 loft apartments, 780,000 square feet of office space and a 250-room hotel." This would be accomplished by having the city acquire all
of the land south of M, north of Potomac Avenue, east of South Capitol Street, and west of First Street and giving it to him. The city's chief financial officer has until March 15 to decide whether any of the private financing proposals are feasible. Miller is the developer behind the new Gallery Place as well as Potomac Mills.
Feb 7, 2005
Dec 21, 2004
The baseball angst of the past week appears to have been resolved, and the council voted today to amend the stadium financing bill
in a way deemed to be acceptable by Major League Baseball. As for the winner of the Most Unintentionally Hilarious Statement, that would be Linda Cropp of course, saying that she's not expecting any surprises but "you never know till the last vote is taken." Gee, what experience has she had with expected votes being scuttled at the last minute?
I'll note here that of course private financing is a better solution for DC, but I just wish it hadn't had to be done in such a typical DC fashion. Let's put it this way--Tony Williams would never have gotten MLB to bring the team to DC without pledging public financing, so all the griping about his "rolling over for MLB" is a bit misguided. It's all part of the kabuki theater of government--MLB had him over a barrel, so he had to get them into an agreement, then once he did, there was then leverage for the city to tweak. Not much leverage, granted (this is MLB after all), but enough. It would have been nice if there had been a grand plan for all of this instead of making DC look like a bunch of doofuses, but in this case I'll take the ends even while detesting the means.
Now, let's start talking about exactly how likely it is that there will be a new stadium ready for play in April, 2008! (You know me, I'm an optimist.)
Dec 3, 2004
On Friday 12/3 Major League Baseball owners approved the move of the Montreal Expos to DC, provided DC meets the terms agreed to by MLB and Mayor Williams back in September. On Tuesday 11/30 the DC city council approved the "first reading" of the stadium
financing bill 6-4 (with 3 voting "present", the wusses), with a few amendments. The final vote has been scheduled for Dec. 14. I'm too tired of all of it to go into the specifics--The Post's Nationals
page will give you all the details.
Nov 11, 2004
News continues to pick up:
• Linda Cropp appears to be backpedaling, and now says she supports
the Mayor's baseball stadium
financing plan but wants to "explore" private financing options.
• Demolition continues at Capper/Carrollsburg
between 4th and 5th Streets. The section south of L is about 70% demolished, and work began today on the section north of L Street. A worker told me that the demolition phase is expected to last about 90 days, and will also include demolishing the buildings on the southwest corner of 3rd and L. (I presume this is to help clear the way for construction of 250 M Street, but I don't know for sure.)
• A Lerner Enterprises
new press release
included a tidbit that construction of 20 M Street SE
will start in Spring, 2005. There didn't seem to be any hint of it in a recent WBJ article
on the area, so I'm a bit skeptical, but we'll see. Maybe the pending arrival of the baseball stadium has jump-started their market.
Nov 9, 2004
DC Council chair Linda Cropp has delayed for two weeks
the vote on the baseball stadium plan, which was supposed to happen today (and for which Mayor Williams had the necessary seven votes to pass). She now says that she has a new plan for financing at the South Capitol Street site
. Whatever. Hope she's enjoying her newfound power-hungry-ness. At least it sounds like her RFK/Reservation 13 alternate plan is dead.
Sep 29, 2004
My my my, they're coming to town. DC got the Expos. Our long metropolitan nightmare is over. Now let's see if Tony can get the stadium
approved by the City Council. (Only then will I take the question mark off the graphic at right!)
Baseball Coming to Near Southeast?
Sep 21, 2004
Baseball coming to Near Southeast? "District officials disclosed plans yesterday to build a publicly financed stadium
costing more than $400 million on the Anacostia waterfront near South Capitol Street
, amid growing signs that Major League Baseball will attempt to move the Montreal Expos to Washington." It doesn't mean that baseball in DC is a done deal, or that the Near Southeast site is a done deal, but it's a very interesting decision, and one that would have a huge impact on Near Southeast if it were to happen. You can check out my new Baseball Stadium
page for photos of the current area.