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Rounding up the items on this week's agenda:
* Tonight is ANC 6D's monthly meeting. Alas, no agenda released yet, a common occurrence that should put them on Santa's "naughty" list.
* Tuesday through Friday is the BID's Holiday Market, running each day on Canal Park from noon to 6 pm, with live music from noon to 2. (If you're seeing activity at Second and M today, that's what it is.)
* Tuesday has the next Lower Eighth Street Visioning meetings, at 8:30 am and 7 pm at 535 8th St., SE. These sessions will "focus on best practice examples and build-out scenarios," and an agenda just mailed out by the BID (which is running the sessions) shows guest speakers Richard Lake of Roadside Development (the folks behind the redo of the O Street Market) and Wayne Dickson of Blake Real Estate. There's also an agenda item on "The Need for a Community Center."
* On Wednesday (Dec. 16) the BID is throwing a free Residents' Holiday Party at the Courtyard by Marriott, from 6:30 to 8:30 pm. They'll also keep the Holiday Market open an extra hour (until 7 pm) for residents, and there'll be live music.
* The BID is having its annual meeting on Thursday, with speakers Tommy Wells, Stan Kasten of the Nationals, and Christopher Leinberger, a walkable urbanism expert from the Brookings Institution. In previewing the event on the Breaking Ground blog last week, WBJ's Melissa Castro listed a series of stats about the Capitol Riverfront provided by Jones Lang LaSalle, including that the total office vacancy rate for the area through the third quarter is at 19.2 percent (though it's listed as being at 14.7 percent at the end of October in this subsequent WBJ article). It would have been nice, though, if she'd given @capitolhilldc credit (rather than just "a Twitter user") for the tweet about being the 24th person in line at the DOT Starbucks Thursday morning, which also brought a few fun responses when I retweeted it.
* ANC 6D07 rep Bob Siegel mentioned this at last week's ABC committee meeting, and it's confirmed in the city's land records: there are now 12 units occupied at Velocity.
Comments (8)
   
 
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Scott says: (12/15/09 8:48 AM)
Just 12 units occupied at Velocity? How does that compare with units sold, and are they still refusing to cut their prices?


JD says: (12/15/09 9:40 AM)
I think the last number I heard is that Velocity is 30% sold, which would be about 60 units out of 200.


LJ says: (12/16/09 7:59 AM)
It's definitely above 30% because FHA loans are now available (as of December 7). I think that the number of residents in the building will pick up sharply in January once all those FHA loans start getting processed.


LJ says: (12/16/09 7:59 AM)
It's definitely above 30% because FHA loans are now available (as of December 7). I think that the number of residents in the building will pick up sharply in January once all those FHA loans start getting processed.


Rick says: (12/16/09 9:27 AM)
I currently rent in the neighborhood and I spoke with my realtor over the weekend, she told me that Velocity isn't selling as well as expected and when I mentioned that magical 30%, she laughed. Hopefully they figure out something to get more folks buying into the area.


DG says: (12/16/09 1:14 PM)
Velocity has passed the 30% occupancy mark and are now able to accept FHA loans. I think sales will start picking up.


Capt Hill says: (12/16/09 1:34 PM)
Rick - now is the time to buy, prices are still reasonable, interest rates are low - and there is the $6,500 tax credit which disappears in April (or March?). I've been living in the Hood since the Navy brought me here in March of 2007. I got out of the Navy last year and we bought at CQ this year. We couldn't be happier: we qualified for the tax credit, 4.75% interest rate and the home prices are only going up.


lovethehood says: (12/17/09 12:08 PM)
Rick,

Don't believe everything your realtor says. LOL FHA would have never OKed their approval to Velocity without that "sold/occupied" number being legit. Also keep in mind & With a sales dept at the Velcoity your "realtor" makes no money if you were to buy at Velocity. So its not in their interest to steer you towards this type of investment/building. BTW, I close on my unit next month and I HAVE done my homework. ;) I hope you do find the place you're looking for. As Capt Hill mentioned, now is a great time to buy. Good Luck!

-I also rent in the neighborhood (Onyx).. At least for a little while longer...... :)

~LOVETHEHOOD

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Recent Crime Incidents Archive  
1100 B/O 8TH ST SE   BURGLARY
Burglary Two
 01/25/20
303 VIRGINIA AVE SE   ROBBERY  01/25/20
400 B/O M ST SE   THEFT
Shoplifting
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1255 1ST ST SE   THEFT
Theft 2nd Degree (theft From Building)
 01/19/20
400 B/O M ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 01/17/20
1200 B/O HALF ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 01/14/20
1100 B/O 1ST ST SE   BURGLARY
Burglary One
 01/12/20
100 B/O L ST SE   ROBBERY  01/08/20
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 01/08/20
1100 B/O 2ND PLACE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 01/06/20
40 N ST SE   ROBBERY  01/05/20
1100 B/O 9TH ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 01/03/20
139 N ST SE   THEFT FROM AUTO
Theft First Degree (theft From Motor Vehicle)
 01/02/20
100 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 01/02/20
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 12/31/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 12/30/19
UNIT B/O M ST SE   BURGLARY
Burglary Two
 12/30/19
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 12/29/19
UNIT B/O I ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 12/28/19
500 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 12/28/19
700 B/O I ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 12/28/19
UNIT B/O I ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 12/27/19
300 B/O VIRGINIA AVE SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 12/27/19
1220 HALF ST SE   BURGLARY
Burglary Two
 12/27/19

Recent Issued Building Permits Archive  
909 4TH ST SE   
12/30/19 
MEREDITH FASCETT / KYLE YOST
SOL2000550 / CONSTRUCTION
rooftop solar pv system, less than 4' above roof
1300 4TH ST SE 912   
01/07/20 
DEBORAH J ISRAEL / DORIS A MINOR; DORIS A MINOR
B2003615 / CONSTRUCTION
REPLACE KITCHEN CABINETS
900 5TH ST SE   
01/10/20 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / WILLIAM ANDERSON; WILLIAM ANDERSON
P2002846 / SUPPLEMENTAL
   
01/17/20 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / WILLIAM B. CRIST; WILLIAM B. CRIST
E2003759 / SUPPLEMENTAL
   
01/24/20 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / WILLIAM B. CRIST; WILLIAM B. CRIST
E2003968 / SUPPLEMENTAL
82 I ST SE   
01/15/20 
GDVC EYE ST LLC / MARK G. MILLS; MARK G. MILLS
E2003664 / SUPPLEMENTAL
150 I ST SE   
01/16/20 
SQUARE 737 LLC / JASON D DORRIS
AH2000499 / CONSTRUCTION
Construction of a new 13 story apartment building with three below grade parking levels, 1st floor retail and amenity areas; 375 units and 181 parking spaces. To include mechanical, electrical, plumbing, elevators and structural work.
415 I ST SE   
01/10/20 
MEGHAN E RILEY / DAEHO PARK; DAEHO PARK
P2002836 / SUPPLEMENTAL
300 M ST SE   
01/03/20 
FEDERAL CENTER LP / null
E2003217 / SUPPLEMENTAL
111 N ST SE   
01/17/20 
ALAN OWINGS / CRAIG KUBICZ
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The proposed construction on Parcel H consists of a new curb cut off of N Place, a guard house, and resurfacing of the eastern portion of the parking lot. The two existing storm inlets in the parking lot will be removed and replaced by a bioretention facility. DOEE SWMP No. 6343: N Place and First Street SE
861 NEW JERSEY AVE SE   
12/31/19 
CONSOLIDATED RAIL CORPQ / null
E2003162 / SUPPLEMENTAL
   
12/31/19 
DISTRICT OF COLUMBIA / JANE MCCRAY
AH2000399 / CONSTRUCTION
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01/03/20 
CSX TRANSPORTATION INC / SUSANA VAZQUEZ; JOHN MORIARTY & ASSOCIATES OF VIRGINIA LLC
TC2000014 / CONSTRUCTION
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1100 NEW JERSEY AVE SE 1ST FL   
01/06/20 
SQUARE 742 LLC / JAMES W. LASHER; JAMES W. LASHER
E2003296 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE   
12/30/19 
SQUARE 742 LLC / RYAN FITZGERALD; NEXIUS SOLUTIONS, INC.
AN2000023 / CONSTRUCTION
AT&T proposes to replace (3) existing antennas with (3) new antennas and install (3) new antennas.
   
01/02/20 
SQUARE 742 LLC C/O WCSMITH / PATRICIA J STAUB; CDH CONSTRUCTION INC
B2001972 / CONSTRUCTION
Provide Landlord Work (warm white shell) for Tenant buildout of 1827 SF.
   
01/07/20 
SQUARE 742 LLC / ;
P2002715 / SUPPLEMENTAL
   
01/08/20 
SQUARE 742 LLC / null
P2002765 / SUPPLEMENTAL
1275 NEW JERSEY AVE SE   
01/03/20 
MILLER AND LONG / WILLIAM MOORE; MILLER LONG
TC2000016 / CONSTRUCTION
towercrane for jobsite use 1 / 25 / 2020 to 1 / 25 / 2021
71 POTOMAC AVE SE   
01/15/20 
RIVERFRONT HOLDINGS I, LLC / null
E2003671 / SUPPLEMENTAL
   
01/17/20 
MRP REALTY / JAMES VANEGAS
AH2000410 / CONSTRUCTION
Perform interior and exterior construction activities. New construction 14-story new residential multi-family building. **No loud equipment is to be used until 9am on this day.
79 POTOMAC AVE SE   
01/23/20 
RIVERFRONT HOLDINGS I LLC / ; W&M NA
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227 TINGEY ST SE   
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FFC 227 / ANDY MCKELVEY; ANDY MCKELVEY
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355 WATER ST SE   
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UNITED STATES OF AMERICA / KELSI EVANS
TN2000035 / CONSTRUCTION
1 40' x 80 tent
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)


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