Since January, 2003
            
 Sliding from Before to After

It's more than 100 pages of high finance and headache-inducing legalese, but nonetheless I've gotten my hands on the "Preliminary Official Statement" for what is expected to be a $29 million PILOT bond sale to fund a series of infrastructure improvements for future phases of the Capper/Carrollsburg redevelopment. (This is the document written for investors to help them decide whether or not to purchase the bonds.) If you want to know all about how these bonds are being structured (with monies from the Downtown TIF playing a part), this is the document for you. It also has some good background on the Capper project if you're just catching up.
But it also has a few tidbits on the current and projected path of some upcoming parts of the overall project, starting on page 19. Here are the items that are probably of most interest, with the usual caveats that no timeline is written in stone anymore:
* Financing for the second phase of Capitol Quarter is being negotiated and is expected to close in mid-2010. Development work would then begin in August, and vertical construction in November. (Phase 2 covers the blocks between Third and Fourth and I and M, and will contain 116 new for-sale townhouses and 47 public housing rental units.)
* All but five of the 121 CQ phase 1 townhouses have sold, and two of those are being held back as model units.
* Financing is "being negotiated" for the planned apartment building on the northern half of Square 882, the site that's been the subject of my recent posts on the Marines coveting the site as well. That financing is expected to close in late 2010 according to this document, with an expected completion date of the apartment building in April 2012.
This $29M bond sale is not the last one for Capper infrastructure; the city council approved a total of $55 million in bond funding back in 2006, and the document says that the city "expects" another bond issuance for the rest of the money, "though the timing of such issuance is currently uncertain" (page 10).
As for what exactly the monies will be funding, the document lays out the following (page 22), though this is for the entire $55 million, so it can't be said that this current $29 million offering will cover all this (which will bum out the people who see the phase "community center"). Some of this work would also happen on the streets surrounding Canal Park:
* Repairing and replacing underground water and utility lines;
* Repairing streets and streetscapes and adding landscaping;
* Demolishing the DPW building (and smoke stack!) at 900 New Jersey, relocating DPW's operations, environmental site remediations (remember, that site was operating as a trash transfer site as far back as 1905);
* Building I Street through to New Jersey Avenue; and
* Constructing the new community center at Fifth and K.
It's expected that the bonds will be "priced" this week, with the sale closing by the end of the month.
I hear rumors that DPW could be out of their site by next spring, as the search continues for a new home for their operations (and maybe is getting close to a resolution).
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incognito says: (3/22/10 3:45 PM)
It is subtle and wonky, but the canalparkdc.org website now has on their homepage the three dimensional model of the park as released by Studios architecture in their drawings. Uncertain how long ago this change was made but I do think it looks great. Now we just have to continue pushing for construction to begin asap and no later than the advertised September 2010.


bt says: (3/22/10 3:54 PM)
47 public housing rental units???? WHY? Aren't there enough? Are we encouraging people to be losers? I want to do nothing and live in a brand new housing community!! where do i sign up? what are the qualifications?


JD says: (3/22/10 3:58 PM)
The public housing component is the only reason why Capitol Quarter is being built in the first place. The entire redevelopment got a Hope VI grant from HUD to replace 700 units of public housing in a new development with the same 700 units plus another 800 market-rate units. 300 of the units were already built in Capper Seniors #1 and 400 M. The rest will be in the Capitol Quarter townhouses and in the 5 mixed-income apartment buildings.



Michael says: (3/22/10 4:25 PM)
Canal Park... little surprise that the Web site's link to the building schedule it broken )


Kenny says: (3/23/10 11:18 AM)
Isn't I Street already built to New Jersey Avenue? Or is my memory already failing me...


JD says: (3/23/10 11:19 AM)
Not from the east. I stops at Second/Canal, then starts again at New Jersey.

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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)
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1100 B/O 1ST ST SE   THEFT
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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;

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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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