Here's a few more items that came across the transom while I was on my annual Hiding Out in Wyoming and Montana trip
* Residents of Onyx
have filed paperwork with the city under the Tenants Opportunity to Purchase Act
and are investigating options to buy the building themselves, after news came a few weeks back that the building is under contract to be sold
for $82.5 million. If the city accepts the filing, the tenants' group would then have 120 days to come up with a competing offer. See the tenants' press release
for why the group is pursuing this, including its hope that buying the building, which opened in 2009, will "reverse problems which plagued the area for years - poor housing conditions, rent increases, and attempts by developers to force residents out of the District." (If they succeed, I guess I'll have to stop using my standard joke about tenants looking in the sofa cushions for millions of dollars in spare change to buy their buildings.)
* DC Water has leased 16,450 square feet of office space on the 7th floor of 80 M Street through 2019 (GlobeSt.com
). With or without telescopes for spying on the Main Pumping Station
a few blocks to the south?
* The Capitol Riverfront BID
is having an Urban Design Framework Plan prepared, to "examine the quality of the public realm in the BID and develop strategies for a comprehensive framework and public investment plan in the right-of-way." They've also commissioned a Retail Analysis Study "that will provide forecasts on future retail demand and absorption possibilities." Because if there's one thing a neighborhood can never have enough of, it's studies and analyses. (BID newsletter
* Another rumination on Near Southeast's development timeline
, at GGWash. As I've said many times--of course things were happening in Near Southeast before the ballpark (I wouldn't have started this blog in 2003 otherwise). But to not recognize that the ballpark sped up *plans* considerably is to not have watched the 18-month landrush in 2004 and 2005 after the ballpark's location was announced, when so many little lots between 1st and South Capitol south of the freeway were snapped up by the big guns. And to say that the ballpark didn't drive development right after it opened is to neglect the worldwide financial market near-collapse, and the years needed to recover from that. But I bet there's a lot of retailers and developers looking at the Nats this year and rueing that they didn't make their move already.