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The cover story of this week's Washington Business Journal (online for subscribers only) asks: "With Wall Street imploding, regional banks running for shelter and life insurance companies pulling up the ladders, if 1000 Connecticut couldn't get construction financing before the financial storm took on epic proportions, who can get it now?" It also quotes an expert as saying: "For any speculative project, both inside and outside the city -- even in core locations downtown -- it's basically impossible."
The article mentions two of Near Southeast's spec projects in the pipeline:
* "Others, like the William C. Smith Cos. project near Nationals Ballpark at 250 M St. SE, don't intend to pursue financing or break ground until they have a signed-and-sealed tenant."
* "James 'Jad' Donohoe IV, whose company plans a 200,000-square-foot office building at 1111 New Jersey Ave. SE, said he has no choice but to broaden his financing net to include nontraditional sources of funding, such as syndication arrangements with multiple banks, sovereign wealth funds and equity from hotels that will be part of the development. " 'We're still in the early stages now, but we've already been searching those things out for this and for other projects we have out there,' he said."
I'd also note that another office spec project in the neighborhood, DRI/Transwestern's Plaza on K on the northwest corner of First and K, had previously mentioned a Fall 2008 start date for its first phase, but there have been no recent announcements and no building permits filed.
And, there's also three spec office buildings currently under construction--55 M, 100 M, and 1015 Half, with only 100 M having so far announced any tenants (Parsons is expected to occupy 30 percent of the building, in early 2009). But, according to WBJ, "industry experts say they are not too worried about the future of the 36 local buildings that are under construction but not under contract to a tenant."
Will the bailout deal change any of this? [insert "We shall see...." comment here.]
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G St says: (9/29/08 10:48 AM)
Are the Capper/ Carrollsburg townhouses all still going in? Thanks


JD says: (9/29/08 11:50 AM)
First phase (blocks between 4th and 5th, and block bounded by Virginia, I, 3rd, and 4th) is still moving forward as far as I know. Phase II (the rest of the blocks between 3rd and 4th) may take a while.

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City Government Data for Near Southeast Records added or updated recently displayed here; click the "archive" links to see additional detail and older records. All data from DC Government databases and RSS feeds. JDLand takes no responsibility for errors, omissions, etc. (read CapStat disclaimer). Data is retrieved daily.

Recent Crime Incidents Archive  
1200 B/O HALF ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 03/23/20
1500 B/O SOUTH CAPITOL ST SE   THEFT
Shoplifting
 03/11/20
200 B/O I ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 03/09/20
1000 B/O 1ST ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 03/08/20
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 03/06/20
800 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 03/05/20
1200 B/O 1ST ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 03/01/20
1100 B/O 1ST ST SE   THEFT
Theft 2nd Degree (theft From Building)
 02/27/20

Recent Issued Building Permits Archive  
1300 4TH ST SE 1001   
03/16/20 
LA FAMOSA LLC / null
P2004796 / SUPPLEMENTAL
   
03/20/20 
LA FAMOSA LLC / null
E2005975 / SUPPLEMENTAL
1300 4TH ST SE 1006   
03/16/20 
LA FAMOSA LLC / null
M2001859 / SUPPLEMENTAL
1300 4TH ST SE RU-1   
03/04/20 
AP BOWER RETAIL LLC / DAVID T FONTANA; BACON CONSTRUCTION COMPANY BACON CONSTRUCTION COM
TL2000065 / CONSTRUCTION
First time tenant layout on 1,196 SF of 1st floor retail shell for restaurant, Jeni Ice Cream, with 10 seats
   
03/06/20 
AP BOWER RETAIL LLC / null
E2005415 / SUPPLEMENTAL
   
03/11/20 
AP BOWER RETAIL LLC / DOMINIC E TOTARO; DOMINIC E TOTARO
M2001793 / SUPPLEMENTAL
1300 4TH ST SE   
03/13/20 
LA FAMOSA LLC / KIMOY LALLEMENT; POTOMAC CONSTRUCTION SERVICES
TL2000028 / CONSTRUCTION
New tenant layout for commercial kitchen, two restrooms, point of sale bar, and dining seating, new lighting and mechanical zones. 2,338 sf INDOOR OCCUPANCY: 84 PERSONS WITH 59 SEATS OUTDOOR OCCUPANCY: 38 PERSONS WITH 38 SEATS TOTAL MAX OCCUPANCY: 122
900 5TH ST SE   
03/03/20 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / CHRISTOPHER LAKATOSH; CHRISTOPHER LAKATOSH
E2005256 / SUPPLEMENTAL
   
03/24/20 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / KAYLA TRICE; DELAWARE
EN2001608 / SHOP DRAWING
Install 3 new hydraulic passenger elevators
2 I ST SE   
03/09/20 
CRESCENT CAPITOL VIEW MF LLC / BOB BIROONAK; BOB BIROONAK; BOB BIROONAK
SG2000223 / CONSTRUCTION
one non illuminated sign
200 I ST SE   
03/17/20 
DISTRICT OF COLUMBIA / LEIA TERRELL
B2006382 / CONSTRUCTION
Tenant Alterations of existing office doors and wall. Including relocation of existing electrical, and mechanical terminals. NO CHANGE OF EGRESS, USE OF OCCUPANCY, NO EXTERIOR LAND DISTURBANCE, NO BASE BUILDING STRUCTURAL WORK.
139 N ST SE   
03/16/20 
PARCEL I FC ROWAN / MIGUEL RIOS; GRIFFIN DEWATERING, LLC
SB2000152 / CONSTRUCTION
Type of proposed System: Deep well dewatering system consisting of 16 wells around the perimeter of the shored excavation and 2 wells within the excavation in a mutually agreed layout. • Installation Method: Wells will be drilled up to 70’ deep, utilizing Griffin’s hollow stem auger drilling rig to drill up to a 10.25” I.D. borehole. Deep wells come complete with screen, casing, riser pipe and a s...
861 NEW JERSEY AVE SE   
03/03/20 
809-853 NEW JERSEY AVENUE ACQUISITION LLC / ERICKA CLARK
AH2000987 / CONSTRUCTION
Tower crane erection must be performed in 1 day due to weather constraints. All work performed onsite. Noise reduction procedure in place.
1275 NEW JERSEY AVE SE   
03/06/20 
MILLER AND LONG / WILLIAM MOORE
AH2001001 / CONSTRUCTION
After hours to pour concrete with pump truck saturday 3 / 7 and sunday 3 / 8 from 9PM-4AM.
1299 NEW JERSEY AVE SE   
03/13/20 
FOREST CITY SEFC LLC / SARAH J. NAPIER
BCIV2000067 / CONSTRUCTION
Revisions to BCIV1800153. This submission is for approval stamps only. No change in work.
71 POTOMAC AVE SE   
03/27/20 
MRP RESIDENTIAL / KAYLA SHATTUCK; KAYLA SHATTUCK; PARADIGM CONTRACTORS LLC
BCIV2000036 / CONSTRUCTION
This permit is for site civil work at 71 Potomac Avenue SE including stormwater management and erosion & sediment control. See plans for more details.
AH = After Hours; B = Alteration & Repair; D = Demolition; E = Electrical; FB = Boiler; M = Mechanical; P = Plumbing and Gas; PC = Post Card; R = Raze; SG = Sign; TL = Tenant Layout; TN = Tent; RW = Retaining Wall;

Real Property Sales Archive  
No commercial transaction records added or modified in the past two weeks.


Project Directory
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)


Overviews
Capper/Carrollsburg
Anacostia Riverwalk
New Jersey Avenue
M Street
South Capitol Street
The Yards
Lower 8th Street
East M Street
Boathouse Row





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