Since January, 2003
            
 Sliding from Before to After

The front page of Tuesday's Post has "Building Slowdown Turns Grand Visions into Vapor," a look at projects in the DC area that are on hold because of the slumping economy: "The economic boom of recent years promised to deliver gleaming homes and high-end retail to struggling and newly forming neighborhoods across the Washington region. But that quest is running headlong into a withering economic slowdown and paralyzed credit markets, bringing new construction to a virtual stop and fueling anxiety among those who dreamed that their neighborhoods were the next frontiers."
Among the examples in the article are three delayed projects near the ballpark--WC Smith's 250 M Street office building, the residential and hotel portion of Monument's Half Street project, and also the Corcoran's Randall School development at Half and I, SW (which Monument pulled out of recently): "Perhaps no area is more central to the District's long-term ambitions than the streets around Nationals Park. At every opportunity, Fenty talks of a cosmopolitan destination featuring new parks, offices, stylish apartments and restaurants, all of it along the Anacostia River. Yet, how soon that vision materializes is fraught with uncertainty."
(Full disclosure: I provided a bit of basic status on ballpark-area projects for the piece, hence the "contributed" line.)
Some additional perspective: Certainly there's a slowdown afoot. (It's almost like there's some sort of cycle of boom and bust in commercial real estate!) I've been joking that I should just put a "Gone Fishin'" sign up here at JDLand during 2009, and come back in 2010 to see what's cooking, because other than the first offerings at the Yards and perhaps Canal Park {cough}, I'm not expecting much to get underway in the next little while. On the other hand, Capitol Quarter is moving forward, 1015 Half Street is now out of the ground, Diamond Teague Park is expected to open in the spring, and 100 M and 55 M and 909 New Jersey and Velocity will all be opening their doors before long, and perhaps the lure of another season of baseball will get some retail into the empty ground-floor spaces of those buildings and 20 M.
So, it's not like tumbleweeds are blowing down M Street or vines are growing on buildings a la Logan's Run--and it would be hard to make the case that it's the neighborhood's fault or the stadium's fault when the entire region is feeling the pain. The expectation would be that when the market improves, development in Near Southeast should pick up again. But we'll all just have to wait and see, won't we?
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Bruce says: (12/2/08 8:10 AM)
i had assumed that all the necessary financing was already in place now that we have a 3 story deep hole on 1/2 Street.
Although the economy as a whole has tanked, these projects will eventually get finished. As the residential portion of this area begins to fill up (hopefully) the retail will come.
I am hoping that this is just a hiccup.


Michael says: (12/2/08 8:48 AM)
It seems like the Post is writing these articles as a "see what a waste of money" or too-bad so sad for the SE. I'm moving there next year and I don't expect to see big things until mid-late 2010. In 5-10 years this will be a really nice area and then in that time you can look back on the Post and Times article and wonder what happened to all the doom and gloom.
Recessions are good (in a way) to slow things down, refocus and come out stronger/better and more well thoht out.


Edna Wellthorpe says: (12/2/08 9:46 AM)
JD - Love the Logan's Run reference! What a classic!


DC says: (12/2/08 10:17 AM)
I agree completely with Michael - and did anyone else see the article a couple of weeks ago in the Business Journal I think - about Forest City being close to deals with a Jazz Club and Dogfish Head Alehouse - I think retailers are interested and will certainly come they just need to make the numbers work


bruce says: (12/2/08 12:19 PM)
I still believe in the area and plan to move there when my house is ready.
The Post piece mentioned infrastructure work by the blocks that are barren where pulic housing used to be...
JD, any thoughts on that segment of the piece??


JD says: (12/2/08 7:28 PM)
I *think* there's going to be another bond offering to take care of the infrastructure work around Canal Park, since that includes the streets where the new Capper apartment buildings will be (trash transfer site and the three blocks between 2nd and 3rd). Perhaps the article's reference to 250 M and the infrastructure it would be helping to fund is Phase II of Capitol Quarter (along 3rd from I to L), but I really don't know for sure.



bruce says: (12/3/08 11:22 AM)
Good point. I had considered Phase 2..


G St. says: (12/3/08 4:01 PM)
Count the cranes and holes in the ground.



bruce says: (12/4/08 9:18 AM)
Based on current trends, I see mortgage rates settling in at 4.5 to 5.25% toward the 1st quarter of 2009 which will stimulate movement. THis will help everyone, not just our part of town.

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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  
1000 B/O 3RD ST SE   ROBBERY  11/21/20
1200 B/O 1ST ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 11/19/20
UNIT B/O M ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 11/18/20
1000 B/O HALF ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 11/12/20
1100 B/O 2ND PLACE SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 11/12/20
1000 B/O 8TH ST SE   THEFT
Theft First Degree (theft From Building)
 11/12/20
1000 B/O HALF ST SE   THEFT FROM AUTO
Theft (theft Of Motor Vehicle Parts Or Accessories)
 11/10/20
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 11/05/20
300 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 11/05/20
900 B/O 4TH ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 11/01/20
UNIT B/O I ST SE   THEFT
Theft First Degree (shoplifting)
 10/31/20
900 B/O HALF ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 10/29/20
300 B/O TINGEY ST SE   ROBBERY
Carjacking
 10/29/20
1300 B/O 4TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 10/28/20
1000 B/O HALF ST SE   THEFT
Theft First Degree (all Other Larceny)
 10/27/20
300 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 10/23/20

Recent Issued Building Permits Archive  
1200 1ST ST SE   
11/04/20 
PEPCO / DONNA G GRAHAM
AH2100169 / CONSTRUCTION
WO #16029084 / 02 - 1200 1ST ST SE - PEPCO / WA CHESTER TO REMOVE AND INSTALL CABLES MONDAY THROUGH SATURDAYS FROM 9PM TO 6AM STARTING 11 / 5 / 20 TO 12 / 5 / 20
1018 3RD ST SE   
11/10/20 
DAVID A LEINER / null
E2101357 / SUPPLEMENTAL
1020 3RD ST SE   
10/30/20 
MAYIAK LLC / null
E2101037 / SUPPLEMENTAL
1300 4TH ST SE 1001   
11/03/20 
YAAN REAL ESTATE LP / null
P2100950 / SUPPLEMENTAL
1300 4TH ST SE RU-1   
11/19/20 
AP BOWER RETAIL LLC / null
E2101650 / SUPPLEMENTAL
1057 5TH ST SE   
11/05/20 
PAM HARDER / null
E2101183 / SUPPLEMENTAL
1150 5TH ST SE   
10/28/20 
DISTRICT OF COLUMBIA / null
E2100958 / SUPPLEMENTAL
82 I ST SE   
11/12/20 
STARRY / null
E2101432 / SUPPLEMENTAL
330 K ST SE   
11/09/20 
MINDY J SHAW / CASEY CHARKHABI; NA
B2008664 / CONSTRUCTION
Adding a bathroom on the first floor
   
11/10/20 
JINGSONG XIA / null
P2101107 / SUPPLEMENTAL
100 M ST SE   
10/26/20 
NW 100 M STREET LLC / null
E2100822 / SUPPLEMENTAL
   
11/12/20 
LHREV WASHINGTON M ST LLC / null
P2101170 / SUPPLEMENTAL
   
11/12/20 
SQUARE 743 INC / ;
P2101121 / SUPPLEMENTAL
139 N ST SE   
11/10/20 
BROOKFIELD DEVELOPMENT / JUSTIN BELLOW; BROOKFIELD DEVELOPMENT
B2004436 / CONSTRUCTION
NEW CONSTRUCTION 10-STORY PLUS PENTHOUSE APARTMENT BUILDING WITH 379 UNITS. PROPOSED GROSS FLOOR AREA: 225,000 SF. SH2000028 issued
1275 NEW JERSEY AVE SE   
10/27/20 
BROOKFIELD PROPERTIES / TIM GOOD
AH2100124 / CONSTRUCTION
After hours to conduct work on 1275 New Jersey Ave SE on the upcoming holiday, Veterans Day, November 11th, 2020. Operations would include exterior fa¿ade activities such as: exterior framing, glass and glazing, and brick as well as interior mechanical, electrical and plumbing rough-in activities with access limited to N Street. This permit would not include extended work hours beyond the normal...
   
11/04/20 
USA / null
E2101168 / SUPPLEMENTAL
   
11/09/20 
BROOKFIELD PROPERTIES / TIM GOOD
BP2100588 / POST CARD
125 O ST SE   
10/27/20 
DISTRICT OF COLUMBIA / null
M2100294 / SUPPLEMENTAL
71 POTOMAC AVE SE APT 1208   
11/02/20 
null / NA NA NA
EHOP20957167 / HOME OCCUPATION
71 POTOMAC AVE SE   
11/04/20 
RIVERFRONT HOLDINGS II, LLC / null
M2100380 / SUPPLEMENTAL
   
11/04/20 
RIVERFRONT HOLDINGS II, LLC / null
P2100978 / SUPPLEMENTAL
   
11/09/20 
MRP REALTY / null
E2101319 / SUPPLEMENTAL
227 TINGEY ST SE   
11/18/20 
FC 227 LLC / null
E2101630 / SUPPLEMENTAL
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
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East M Street
Boathouse Row





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