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Near Southeast DC Past News Items: Mar 06, 2006
In the Pipeline
25 M
Yards/Parcel I
Chiller Site Condos
Yards/Parcel A
1333 M St.
More Capper Apts.
Yards/DC Water site
New Marine Barracks
Nat'l Community Church
Factory 202/Yards
SC1100
Completed
Thompson Hotel ('20)
West Half ('19)
Novel South Capitol ('19)
Yards/Guild Apts. ('19)
Capper/The Harlow ('19)
New DC Water HQ ('19)
Yards/Bower Condos ('19)
Virginia Ave. Tunnel ('19)
99 M ('18)
Agora ('18)
1221 Van ('18)
District Winery ('17)
Insignia on M ('17)
F1rst/Residence Inn ('17)
One Hill South ('17)
Homewood Suites ('16)
ORE 82 ('16)
The Bixby ('16)
Dock 79 ('16)
Community Center ('16)
The Brig ('16)
Park Chelsea ('16)
Yards/Arris ('16)
Hampton Inn ('15)
Southeast Blvd. ('15)
11th St. Bridges ('15)
Parc Riverside ('14)
Twelve12/Yards ('14)
Lumber Shed ('13)
Boilermaker Shops ('13)
Camden South Cap. ('13)
Canal Park ('12)
Capitol Quarter ('12)
225 Virginia/200 I ('12)
Foundry Lofts ('12)
1015 Half Street ('10)
Yards Park ('10)
Velocity Condos ('09)
Teague Park ('09)
909 New Jersey Ave. ('09)
55 M ('09)
100 M ('08)
Onyx ('08)
70/100 I ('08)
Nationals Park ('08)
Seniors Bldg Demo ('07)
400 M ('07)
Douglass Bridge Fix ('07)
US DOT HQ ('07)
20 M ('07)
Capper Seniors 1 ('06)
Capitol Hill Tower ('06)
Courtyard/Marriott ('06)
Marine Barracks ('04)
 
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3 Blog Posts

From Reuters: "Washington's planned waterfront baseball stadium cleared its last major obstacle on Monday after the city and Major League Baseball signed a 30-year lease that caps city-funded costs at $611 million. " The article says that the path is now cleared for CFO Gandhi to sell the bonds to fund the stadium, a process expected to take four to six weeks. It also says that the construction contract with Clark is expected to be approved by the city council on Tuesday.
UPDATE, 10:43 pm: And here is the AP's very similar piece, with the quote that makes me perk up: "Once the construction contract is approved, the city hopes to unveil ballpark designs next week." Because we haven't had enough acrimony already!
UPDATE, 8:38 am: Tuesday's Post has "DC Exempt on Stadium Overruns," focusing the mayor-signs-lease story on a letter from CEO Gandhi to the city council certifying "that the deal struck over the past few days between the mayor, the D.C. Sports and Entertainment Commission and baseball officials includes a legal "acknowledgement" of the council's mandate to cap public spending on the project at $611 million" and that "excess tax revenue may be used only with the council's approval," thereby erasing the last major doubts from council members about the deal. A new owner could be named by the end of March. The WashTimes article this morning is very similar to the others, although it does have a new tidbit that says MLB has allowed the new stadium to open as late as July 31, 2008 without penalty. It also says "council members said they had no plans to disrupt the deal." Let's wait until today's council session is finished before putting all our faith in that statement :-).
UPDATE, 8:45 am: And, just for the heck of it, here's the MLB.com story on the lease signing. And if you feel like watching today's council proceedings (you masochist!), here's the streaming video link.
UPDATE, 10:30 am: I'll add in this nice Baltimore Sun piece, which uses a good hook of the long-suffering fans hoping that this finally makes the Nats DC's team.
And, last but not least, here's the Mayor's statement on signing the lease.

More posts: Nationals Park
 

This might be just a touch more than anyone really needs to know, but that won't prevent me from passing along this item from the Clark/Hunt/Smoot A Joint Venture web site (the guys building the new baseball stadium), dated March 1: "Clark/Hunt/Smoot has awarded its first major subcontracts for Demolition and Mass Excavation. Demolition has been awarded to F&L/Wrecking Corp., A Joint Venture, consisting of the local F&L Construction and Wrecking Corporation of America. Mass Excavation has been awarded to Anderson/Urban, A Joint Venture, consisting of The Anderson Company and the local Urban Service Systems Corporation. Approximately 315,000 cubic yards of soil will be excavated from the 20-acre site." If you thought a lot of heavy trucks rumbled through Near Southeast now , just wait until the demolishing and the digging start...
More posts: Nationals Park
 

Lori Montgomery's DC Wire blog entry on MLB signing the lease agreement seems to have some of the hesitation that I was expressing last night, and it centers around MLB's condition that "Excess ballpark tax revenue earmarked for debt service will be available for stadium cost overruns." Linda Cropp is meeting with people from the Mayor's office and the Sports Commission this morning. So I feel good to not have popped the champagne *just* yet. Also, here is the WashTimes's piece from this morning's paper on the "deal."
More posts: Nationals Park