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Near Southeast DC Past News Items: Jun 19, 2009
In the Pipeline
1000 1st St.
Yards/Parcel L
The Garrett
Square 696
Yards/Icon Theater
1000 South Capitol
25 M
Chiller Site Condos
Yards/Parcel A
1333 M St.
New Douglass Bridge
More Capper Apts.
250 M St.
New Marine Barracks
Nat'l Community Church
Factory 202/Yards
SC1100
Completed
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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2 Blog Posts

Two pieces from today's Washington Business Journal, both for subscribers only, tell of difficulties for two of Near Southeast's developers:
* Opus East, which birthed 100 M and the under construction 1015 Half, is "teetering on the verge of bankruptcy" because the "U.S. General Services Administration has refused to pay the developer for 'even one penny' of the more than $35 million the company has invested in erecting a new federal building in College Park." Its parent company, Opus Corp., is exploring bankruptcy or restructuring for Opus East and Opus West--two other Opus companies went into Chapter 11 this spring. The article also says that Opus East's deal with MayfieldGentry Realty Advisors of Detroit to buy 100 M fell through in May; but 1015 Half is, for now, "continuing in full swing."
* And Monument Realty is having trouble, though not on Half Street--"At the end of May, at least three contractors filed suit in D.C. Superior Court to enforce more than $1.3 million in mechanic's liens the contractors filed against the last of three condominium buildings Monument is building at Potomac Place Tower near the Southwest waterfront. [...] At least one of the contractors is asking the court for a forced sale, if necessary, to collect amounts due."
 

Friday's Post has an adjective-filled front page article looking at the electric "E-Cruzers" that have been buzzing around Near Southeast and Barracks Row for the past year or so:
"They dart from the barren Anacostia riverfront to the fertile terrain of nearby Capitol Hill, where they scoop up drunk baseball fans from the Ugly Mug and Molly Malone's. They sneak down an alley to Seventh Street SE, under the thump-thumping overpass of I-295, onto the gentle slope of M Street. Toward the sunset these carts go, past the walled-off Navy Yard and into the back roads of the Yards, D.C.'s newest planned neighborhood, which is still weedy lots and hollow remnants of ship-building plants.
"The street-legal vehicles look like golf cart limousines. They seat six comfortably, run on a batch of eight-volt batteries and burn 2 cents of electricity per mile.
"On weekdays at lunchtime and for all home baseball games, the fleet glides past whiny street sweepers and belching motorcycles. They move suits during the day and jerseys at night. The ride is free; bars and restaurants subsidize the enterprise."
(However, the first-paragraph reference to the ballpark district as a "wasteland of arrested development" might rankle some folks a bit.)
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