But now, nestled deep in the posted paperwork for Thursday's WMATA board meetings is an expected agenda for the Feb. 14 meeting of the Planning, Development and Real Estate Committee that lists "Navy Yard Station Chiller Site Developer Selection" as one of the action items. Citing the ongoing negotiations, Metro wouldn't give me any additional information, so we may have to wait for Valentine's Day for the "reveal," unless someone blabs beforehand. Once the mystery developer's section is approved by the WMATA board, the final negotiations for an agreement would begin. The property is currently assessed at just under $4 million.

The solicitation described WMATA as "looking for innovative plans . . . that will yield quality developments for the local communities, increase transit ridership, enhance the local tax base and provide a stream of revenue to WMATA for capital needs." Proposals were also supposed to follow the principles of "transit-oriented development" -- "providing safe, walkable, mixed-use communities that emphasize transit connections and reduce auto dependency." While doing all that, the site's developer would still have to replace the chiller operations either on site or somewhere close to the Navy Yard station.

There's also a 7,700-square-foot privately owned parcel next to the chiller on L Street, assessed at $1.72 million and currently home to the Empire and DC Flyer Cab Company. It has had "Build to Suit" signs flying for quite some time, so it's possible that the developer of the chiller site could acquire that land as well. And this spot is already surrounded by current and planned office projects, with the completed 20 M Street and the planned 1100 South Capitol on adjoining lots, and the starting-any-minute-now 1015 Half Street across L Street. See my Square 698 page for photos.