(a random before-and-after moment)
|
October 14, 2006
|
June 3, 2019
|
|
|
 A press release sent out on Tuesday is trumpeting the sales of two of the buildings in the "Capitol Yards" lineup, 909 New Jersey and the Axiom at 100 I Street, the completion of a pending deal that I first wrote about in January. However, back then, residents in Axiom's sibling, the Jefferson at 70 I, were also notified that their building was under contract, but that deal apparently didn't complete with the other two. The 448-unit Jefferson was the priciest of the three offers, at about $165 million, compared to about $94 million for the 245-unit Axiom and $95 million for the 237-unit 909. Did the Jefferson's residents go out back with metal detectors and find the $165 million needed to purchase the property themselves? Or are there a few more i's to dot and t's to cross to finish the deal? Or is something else afoot? In the 100 I and 909 New Jersey sales, the buyers are "institutional investors advised by J.P. Morgan Asset Management." The three buildings were completed by JPI back in 2008 and 2009, but the recession hit the company hard and eventually two of its executives boltered to partner with folks from Akridge to form the Jefferson Apartment Group. But 70/100/909 apparently remained part of JPI's holdings, as did the empty lot at 23 I Street where JPI's fourth apartment building had been planned, until it was foreclosed upon and picked up by Ruben Companies in late 2009. The three buildings, completed in 2008 and 2009, have been managed by Greystar ever since JPI sold its property management division to the company. UPDATE: I'm hearing chatter that residents of 70 I did form a tenant association to attempt to buy the building themselves, which then adds some additional time to the deal to allow the residents to find financing to match the initial offer. Anyone from the building want to chime in?
JDLand.com Home
Alan says: (5/2/12 11:41 AM)
A tenant association was formed at 70 I St with the help/prodding/urging of a law firm (Venable, I believe) and there were near-weekly meetings urging residents to join the association and then...nothing. There was a notice posted about electing officers but that meeting was held at the law firm and it's been silence ever since.
Add a Comment:
Comments are closed for this post.
 JDLand Comments RSS Feed
See All Current News Items |
Full Blog Archive
|
|
|
Full Neighborhood Development Map
There's a lot more than just the projects listed here. See the complete map of completed, underway, and proposed projects all across the neighborhood.What's New This Year A quick look at what's arrived or been announced since the end of the 2018 baseball season.Food Options, Now and Coming Soon
There's now plenty of food options in the neighborhood. Click to see what's here, and what's coming.Anacostia Riverwalk
A bridge between Teague and Yards Parks is part of the planned 20-mile Anacostia Riverwalk multi-use trail along the east and west banks of the Anacostia River.Virginia Ave. Tunnel Expansion
Construction underway in 2015 to expand the 106-year-old tunnel to allow for a second track and double-height cars. Expected completion 2018. Rail and Bus Times
Get real time data for the Navy Yard subway, Circulator, Bikeshare, and bus lines, plus additional transit information.Rail and Bus Times
Get real time data for the Navy Yard subway, Circulator, Bikeshare, and bus lines, plus additional transit information.Canal Park
Three-block park on the site of the old Washington Canal. Construction begun in spring 2011, opened Nov. 16, 2012.Nationals Park
21-acre site, 41,000-seat ballpark, construction begun May 2006, Opening Day March 30, 2008.Washington Navy Yard
Headquarters of the Naval District Washington, established in 1799.Yards Park
5.5-acre park on the banks of the Anacostia. First phase completed September 2010.Van Ness Elementary School
DC Public School, closed in 2006, but reopening in stages beginning in 2015.Agora/Whole Foods
336-unit apartment building at 800 New Jersey Ave., SE. Construction begun June 2014, move-ins underway early 2018. Whole Foods expected to open in late 2018.New Douglass Bridge
Construction underway in early 2018 on the replacement for the current South Capitol Street Bridge. Completion expected in 2021.1221 Van
290-unit residential building with 26,000 sf retail. Underway late 2015, completed early 2018.NAB HQ/Avidian
New headquarters for National Association of Broadcasters, along with a 163-unit condo building. Construction underway early 2017.Yards/Parcel O Residential Projects
The Bower, a 138-unit condo building by PN Hoffman, and The Guild, a 190-unit rental building by Forest City on the southeast corner of 4th and Tingey. Underway fall 2016, delivery 2018.New DC Water HQ
A wrap-around six-story addition to the existing O Street Pumping Station. Construction underway in 2016, with completion in 2018.The Harlow/Square 769N Apts
Mixed-income rental building with 176 units, including 36 public housing units. Underway early 2017, delivery 2019.West Half Residential
420-unit project with 65,000 sf retail. Construction underway spring 2017.Novel South Capitol/2 I St.
530ish-unit apartment building in two phases, on old McDonald's site. Construction underway early 2017, completed summer 2019.1250 Half/Envy
310 rental units at 1250, 123 condos at Envy, 60,000 square feet of retail. Underway spring 2017.Parc Riverside Phase II
314ish-unit residential building at 1010 Half St., SE, by Toll Bros. Construction underway summer 2017.99 M Street
A 224,000-square-foot office building by Skanska for the corner of 1st and M. Underway fall 2015, substantially complete summer 2018. Circa and an unnamed sibling restaurant announced tenants.The Garrett
375-unit rental building at 2nd and I with 13,000 sq ft retail. Construction underway late fall 2017.Yards/The Estate Apts. and Thompson Hotel
270-unit rental building and 227-room Thompson Hotel, with 20,000 sq ft retail total. Construction underway fall 2017.Meridian on First
275-unit residential building, by Paradigm. Construction underway early 2018.The Maren/71 Potomac
264-unit residential building with 12,500 sq ft retail, underway spring 2018. Phase 2 of RiverFront on the Anacostia development.DC Crossing/Square 696
Block bought in 2016 by Tishman Speyer, with plans for 800 apartment units and 44,000 square feet of retail in two phases. Digging underway April 2018.One Hill South Phase 2
300ish-unit unnamed sibling building at South Capitol and I. Work underway summer 2018.New DDOT HQ/250 M
New headquarters for the District Department of Transportation. Underway early 2019.37 L Street Condos
11-story, 74-unit condo building west of Half St. Underway early 2019.CSX East Residential/Hotel
225ish-unit AC Marriott and two residential buildings planned. Digging underway late summer 2019.1000 South Capitol Residential
224-unit apartment building by Lerner. Underway fall 2019.
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.
|
|
|
1100 B/O NEW JERSEY AVE SE 
|
| THEFT
Theft 2nd Degree (all Other Larceny)
| 10/13/19
|
| 80 M ST SE
|
| THEFT
Theft 2nd Degree (all Other Larceny)
| 10/11/19
|
| 100 B/O M ST SE
|
| THEFT FROM AUTO
Theft (theft From Motor Vehicle)
| 10/10/19
|
| 400 B/O M ST SE
|
| THEFT
Theft 2nd Degree (all Other Larceny)
| 10/10/19
|
| 400 B/O M ST SE
|
| THEFT
Theft 2nd Degree (theft From Building)
| 10/10/19
|
| 500 B/O L ST SE
|
| THEFT
Theft First Degree (all Other Larceny)
| 10/08/19
|
| 1400 B/O 11TH ST SE
|
| ASSAULT WITH A DANGEROUS WEAPON
| 10/08/19
|
| 1200 B/O VAN ST SE
|
| MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
| 10/03/19
|
| 1200 SOUTH CAPITOL ST SE
|
| THEFT FROM AUTO
Theft (theft From Motor Vehicle)
| 10/03/19
|
| 1100 B/O HALF ST SE
|
| THEFT FROM AUTO
Theft First Degree (theft From Motor Vehicle)
| 10/02/19
|
| 800 B/O VIRGINIA AVE SE
|
| ROBBERY
Assault W/i To Commit Robbery (simple Assault)
| 10/02/19
|
| 700 B/O M ST SE
|
| MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
| 09/24/19
|
| 900 B/O 4TH ST SE
|
| THEFT FROM AUTO
Theft (theft From Motor Vehicle)
| 09/23/19
|
| 1200 B/O 1ST ST SE
|
| ROBBERY
Assault W/i To Commit Robbery (simple Assault)
| 09/23/19
|
| 400 B/O M ST SE
|
| THEFT
Theft 2nd Degree (all Other Larceny)
| 09/21/19
|
| 400 B/O M ST SE
|
| THEFT
Theft 2nd Degree (theft From Building)
| 09/19/19
|
|
|
Recent Issued Building Permits
| Archive
|
|
|
1300 4TH ST SE
|
|
10/07/19
DFM DEVELOPMENT SERVICES, LLC / ARI BELMONTE; KONE
EN1903394 /
SHOP DRAWING
Installation of (2) MRL KONE elevators in single hoistway. 15 Landings.
|
|
900 5TH ST SE
|
|
10/08/19
DISTRICT OF COLUMBIA HOUSING AUTHORITY / TIMOTHY S CLEMONS; TIMOTHY S CLEMONS
M2000081 /
SUPPLEMENTAL
|
|
|
|
10/08/19
DISTRICT OF COLUMBIA HOUSING AUTHORITY / RICHARD V CAREY; RICHARD V CAREY
P2000201 /
SUPPLEMENTAL
|
|
|
|
10/15/19
DISTRICT OF COLUMBIA HOUSING AUTHORITY / WILLIAM B. CRIST; WILLIAM B. CRIST
E2000633 /
SUPPLEMENTAL
|
|
4 I ST SE
|
|
10/07/19
CRESECENT CAPITOL VIEW MF LL / KIM MITCHELL; BEN KUNKLE
B1912371 /
CONSTRUCTION
Third Party Review - Revision to Permit B1804349 (Approved Under the Velocity Program),Revision associated with additional occupiable spaces provided at the "Roof Floor" with corresponding egress, revised common space layouts and corresponding use and occupancy calculations, revisions to ground floor retail south entrance and amenity spaces at the ground level.
|
|
409 I ST SE 20003
|
|
10/11/19
JOSEPH KOCH / null
P2000322 /
SUPPLEMENTAL
|
|
409 I ST SE
|
|
09/27/19
JOSEPH KOCH AND ELLEN FONG / ELIZABETH S MITCHEL; ELIZABETH S MITCHEL
B1915266 /
CONSTRUCTION
Interior alteration including new kitchen, master bathroom and loft.
|
|
|
|
10/15/19
SCOTT A FAULK TRUSTEE / FRED LATIMORE
E2000620 /
SUPPLEMENTAL
|
|
100 M ST SE 200
|
|
10/09/19
SQUARE 743 INC / ;
P2000249 /
SUPPLEMENTAL
|
|
100 M ST SE 7TH FL
|
|
09/26/19
SQUARE 743 INC / ;
P1909869 /
SUPPLEMENTAL
|
|
100 M ST SE 7TH FLOOR
|
|
10/03/19
3NW 100 M STREET LLC / DANNY L COLEY; DANNY L COLEY
E2000146 /
SUPPLEMENTAL
|
|
100 M ST SE
|
|
09/24/19
SQUARE 743 INC / PHILIP J. MISEY; PHILIP J. MISEY
E1911913 /
SUPPLEMENTAL
|
|
|
|
09/25/19
SQUARE 743 INC / NAVID PARTOVI; NAVID PARTOVI
M1904391 /
SUPPLEMENTAL
|
|
|
|
09/27/19
SQUARE 743 INC / MIGUEL A. MOROTE; MIGUEL A. MOROTE
E1912028 /
SUPPLEMENTAL
|
|
250 M ST SE
|
|
09/26/19
SQUARE 769 LLC / JEFFREY D WOLF
AH1901292 /
CONSTRUCTION
After Hours permit is respectfully requested from 3 am to 7 am daily.
|
|
|
|
10/03/19
SQUARE 769 LLC / STEVEN CHEN
AH2000003 /
CONSTRUCTION
Work Onsite Only - Columbus Day
|
|
300 M ST SE
|
|
10/01/19
FEDERAL CENTE LP C/O CHARLES E SMITH / DANI B RADOYE; TBD
B1908440 /
CONSTRUCTION
interior build out new tenant into existing space to include installation of cabinetry, flooring, wall base, ceiling system, and light fixtures, hvac system and distribution / difusers, electrical panel / equipment, accessible restrooms,drinking fountain and service sink. First 1st floor only.
|
|
139 N ST SE 19714
|
|
10/01/19
DISTRICT OF COLUMBIA / MIKE BOONE
AH1901332 /
CONSTRUCTION
PEPCO-WO#1588714505-ALLEN / EFF / PATRICK-CREWS WILL BE CHANGING A TRANSFORMER.
|
|
861 NEW JERSEY AVE SE
|
|
10/09/19
GRAYSTAR GP 11,LLC / KIM MITCHELL; NA TBD
SH1900078 /
CONSTRUCTION
Phase 2 - Excavation and support of excavation within 50' of DC Water Trunk Sewer line include pile installations
|
|
880 NEW JERSEY AVE SE
|
|
09/20/19
880 NEW JERSEY AVENUE LLC / PATRICIA J STAUB
BP1904750 /
POST CARD
|
|
1275 NEW JERSEY AVE SE 20003
|
|
10/14/19
BROOKFIELD PROPERTIES / null
P2000362 /
SUPPLEMENTAL
|
|
1100 NEW JERSEY AVE SE
|
|
09/26/19
SQUARE 742 LLC / ;
P1909863 /
SUPPLEMENTAL
|
|
|
|
10/01/19
SQUARE 742 LLC / SUKWON KIM; SUKWON KIM; JJ ELECTRIC SERVICE, INC
SG1900513 /
CONSTRUCTION
To install a set of LED channel letters "SUBWAY"
|
|
1275 NEW JERSEY AVE SE
|
|
10/03/19
UNITED STATES OF AMERICA / JUSTIN BELLOW;
SH1900050 /
CONSTRUCTION
Sheeting and shoring for new building
|
|
1299 NEW JERSEY AVE SE
|
|
09/24/19
UNITED STATES OF AMERICA / FRED T FALCONE; FREE STATE DRILLING INC
SB1900446 /
CONSTRUCTION
Six 7 inch hollow stem auger probe borings to 60ft and the installation of 2.75inch inclinometer casing.
|
|
301 TINGEY ST SE C-1
|
|
10/03/19
SEFC 160, LLC / JEFF NOLD
AH2000017 /
CONSTRUCTION
CCTV Inspection of sewer system. on 3rd Street SE btween Tingey St. & Water St.
|
|
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;
|
|
|
|
| No commercial transaction records added or modified in the past two weeks. |
|
|
