Page Through from Before to After
 From WBJ: "D.C. developer Akridge has sold the majority of its Half Street parcel across from Nationals Park to The JBG Cos., which is expected to redevelop the site with two new residential buildings and a large amount of what one executive called "dramatic" retail." JBG has acquired the southern two-thirds of the block, far better known as the shipper container-ringed location of the Fairgrounds, directly across N Street from Nats Park and also directly across Van Street from JBG's own under-development 1244 South Capitol residential project. Akridge apparently is maintaining a minority stake in that portion of the site, but JBG will "take over day-to-day development duties." WBJ says Akridge is also apparently "under contract to recapitalize the northern third of Half Street." After Akridge acquired the site in 2008--which was once home to WMATA's Southeastern Bus Garage--plans were run through the Zoning Fun Factory for two office buildings on the north end of the site and a 280-unit residential building on the south end (along with 55,000 square feet of retail), but WBJ says that JBG's portion of the block is now expected to include two residential buildings, with one office building on the land Akridge still owns along M Street. Plus "dramatic retail." WBJ pegs the sale price for the JBG portion of the site at $45 million. You can look at my Akridge Half Street project page for reminders of what had been planned for the site, though I look at that page (and my Monument Valley page) more as a marvel of the tens of thousands of words I have expended on plans for these sites over the past 10 years.
JDLand.com Home
JD says: (2/20/15 3:56 PM)
I guess I'd look at 1244 South Capitol and its two stories of retail at the corner of South Capitol & N for some hint.
ZoolanderANDtheBoYz says: (2/20/15 4:30 PM)
I guess they will have a diverse kind of retail instead of just bars and restaurants. I wouldn't be surprised if it turns out to look like a gallery place. OR worst Crystal city.
JD says: (2/20/15 5:31 PM)
Take a deep breath on all Fairgrounds-related questions. No one knows yet.
MJM says: (2/20/15 7:15 PM)
Our long neighborhood nightmare is coming to an end. The squatter is out and the developer is in.
ZoolanderANDtheBoYz says: (2/20/15 9:25 PM)
@NMJ, it is probably going to take 2 to 3 years for a construction to start. So, you will see Fairground for the upcoming summer and possibly for next summer. By the way, I have a perfect view of 909 from my apartment. I am just hoping the design looks unique instead of boxy square like any other apartment in DC. I don't know why 82 I looks like Park Riverside?
SWag says: (2/20/15 11:28 PM)
OT - There's going to be a lot of dead space between 82 I and Axiom
Section314 says: (2/21/15 9:16 AM)
Now we can hope that Akridge divests the lot across from the new Parc Riverside allowing that lot to be developed. I've never quite figured out what Akridge does but they sure don't seem to develop many properties.
ZoolanderANDtheBoYz says: (2/21/15 9:36 AM)
@section314, they probably will end up selling that lot too. I think they are broke or they have shitty credit.
Kev29 says: (2/22/15 11:44 AM)
"What the eff is "dramatic" retail?" Eataly, of course. It's a lock! ;-)
JES says: (2/23/15 10:50 AM)
@Zoo, Monument was the broke landowner (and has since shed most of their land holdings down here). Akridge is pretty healthy I believe: linkThough I'm not quite sure what their logic was in snapping up a bunch of land here and just letting it sit for so long.
JD says: (2/23/15 10:53 AM)
If they were healthy, and even putting aside the recession, they would have long ago begun work on one of the most high-profile pieces of land in the entire city.
ZoolanderANDtheBoYz says: (2/23/15 12:08 PM)
I don't think they are healthy. They are just another broke real estate company. You can call JBG healthy because it seems they own half of the city under construction projects.
ZoolanderANDtheBoYz says: (2/23/15 12:10 PM)
It seems Ruben is doing soil testing to one of their planned office lot next to the catholic church on South Capitol SE.
ZoolanderANDtheBoYz says: (2/23/15 12:44 PM)
@JD, I am guessing Jair Lynch won't include a hotel the way monument originally planned it?
JD says: (2/23/15 12:46 PM)
Don't know, but with two hotels on the other half of the block, and one up in the next block at Half and M, that might not be an unwise decision if it happens.
JES says: (2/23/15 1:02 PM)
Eh, in a city with a tourist economy as healthy as ours, more hotels is probably a good thing. We're so close to the Capitol and Smithsonian, it's not like baseball fans are the only people that our hotels are relying on.
Alex B. says: (2/23/15 1:49 PM)
"If they were healthy, and even putting aside the recession, they would have long ago begun work on one of the most high-profile pieces of land in the entire city." This seems to be an awfully unfounded assumption.
Section314 says: (2/24/15 2:40 PM)
While "healthy" is a qualitative judgement best determined in the eyes of the beholder, the old saying seems to apply here. "Judge them not by their words but by their deeds." Akridge is a real estate talker, not a real estate developer. Just look at the dearth of active projects on their website. A "healthy" developer builds things, which Akridge does not do.
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.Capper Seniors 2.0
Reconstruction of the 160-unit building for low-income seniors that was destroyed by fire in 2018.Chemonics HQ
New 285,000-sq-ft office building with 14,000 sq ft of retail. Expected delivery 2021.
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.
|
|
|
| No records added or modified in the past two weeks. |
|
|
Recent Issued Building Permits
| Archive
|
|
|
1300 4TH ST SE 1001
|
|
02/22/21 
AP BOWER RETAIL LLC / null
E2104231 /
SUPPLEMENTAL
|
|
1346 4TH ST SE APT 1M
|
|
02/06/21
null / NA NA NA
EHOP21945129 /
HOME OCCUPATION
|
|
1331 4TH ST SE R-2
|
|
02/08/21
FC 1331 LLC / FC 1331 LLC
BP2101814 /
POST CARD
|
|
10 I ST SE
|
|
02/16/21
CAPITOL HILL RACQUET CLUB / NA; VICTORIA STEINHOFF
SB2100112 /
CONSTRUCTION
Installation of up to six (6) 3-inch diameter direct-push Geoprobe borings to depths of up to 30 feet below grade as part of an environmental assessment.
|
|
555 L ST SE
|
|
01/29/21
UNITED STATES OF AMERICA / RENNE WELL; RICK HARLAN SCHNEIDER
B2102004 /
CONSTRUCTION
DGS PROJECT REHABILITATION+RESTORATION OF THE HISTORIC LINCOIN FIELDHOUSE
|
|
861 NEW JERSEY AVE SE 20003
|
|
02/23/21
809-853 NEW JERSEY AVE ACQUISITION LLC / SUSANA VAZQUEZ
AH2100728 /
CONSTRUCTION
Dismantling of tower crane.
|
|
809 NEW JERSEY AVE SE
|
|
02/11/21
GREYSTAR GP LLC 809-853 NEW JERSEY AVENUE ACQUISITION LLC / null
E2103926 /
SUPPLEMENTAL
|
|
853 NEW JERSEY AVE SE
|
|
02/11/21
GREYSTAR GP LLC / null
E2103924 /
SUPPLEMENTAL
|
|
861 NEW JERSEY AVE SE
|
|
02/05/21
GS CSX HOTEL OWNER LLC / null
E2103762 /
SUPPLEMENTAL
|
|
1275 NEW JERSEY AVE SE
|
|
02/02/21
FC 1275 NJ LLC / null
E2103662 /
SUPPLEMENTAL
|
|
|
|
02/11/21
FC 1275 NJ LLC / null
P2103445 /
SUPPLEMENTAL
|
|
848 SOUTH CAPITOL ST SE
|
|
02/16/21
CXS TRANSPORTATION INC / VICTORIA STEINHOFF; TBD
SB2100111 /
CONSTRUCTION
Installation of up to six (6) 3-inch diameter direct-push Geoprobe borings to depths of up to 30 feet below grade as part of an environmental assessment.
|
|
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. |
|
|
