Since January, 2003
 (a random before-and-after moment)
November 1, 2007
December 13, 2014
7th at M, Looking West (see more)

The cover story of this week's Washington Business Journal (online for subscribers only) asks: "With Wall Street imploding, regional banks running for shelter and life insurance companies pulling up the ladders, if 1000 Connecticut couldn't get construction financing before the financial storm took on epic proportions, who can get it now?" It also quotes an expert as saying: "For any speculative project, both inside and outside the city -- even in core locations downtown -- it's basically impossible."
The article mentions two of Near Southeast's spec projects in the pipeline:
* "Others, like the William C. Smith Cos. project near Nationals Ballpark at 250 M St. SE, don't intend to pursue financing or break ground until they have a signed-and-sealed tenant."
* "James 'Jad' Donohoe IV, whose company plans a 200,000-square-foot office building at 1111 New Jersey Ave. SE, said he has no choice but to broaden his financing net to include nontraditional sources of funding, such as syndication arrangements with multiple banks, sovereign wealth funds and equity from hotels that will be part of the development. " 'We're still in the early stages now, but we've already been searching those things out for this and for other projects we have out there,' he said."
I'd also note that another office spec project in the neighborhood, DRI/Transwestern's Plaza on K on the northwest corner of First and K, had previously mentioned a Fall 2008 start date for its first phase, but there have been no recent announcements and no building permits filed.
And, there's also three spec office buildings currently under construction--55 M, 100 M, and 1015 Half, with only 100 M having so far announced any tenants (Parsons is expected to occupy 30 percent of the building, in early 2009). But, according to WBJ, "industry experts say they are not too worried about the future of the 36 local buildings that are under construction but not under contract to a tenant."
Will the bailout deal change any of this? [insert "We shall see...." comment here.]
Comments (0)
 
 More About 250 M

JDLand.com Home

Comments

G St says: (9/29/08 10:48 AM)
Are the Capper/ Carrollsburg townhouses all still going in? Thanks


JD says: (9/29/08 11:50 AM)
First phase (blocks between 4th and 5th, and block bounded by Virginia, I, 3rd, and 4th) is still moving forward as far as I know. Phase II (the rest of the blocks between 3rd and 4th) may take a while.

Add a Comment:

Comments are closed for this post.

JDLand Comments RSS Feed

See All Current News Items | Full Blog Archive

 
 Top News
  
Recent Comments:  
conngs0 on Brew Garden, Park: It's a tough call for sure. But if it's a question of relatively quick and conf...
ZoolanderANDtheBoYz on Brew Garden, Park: Yeah, unexploded world war I bomb is better than toxic chemical that probably wi...
conngs0 on Brew Garden, Park: Ok, so maybe a bomb would've been better...
ZoolanderANDtheBoYz on Brew Garden, Park: I don't think they will be able to sell the soil. Well, unless there is way of t...



City Government Data for Near Southeast 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.

Recent Crime Incidents Archive  
1300 B/O 4TH ST SE   THEFT
Theft 1 (Theft F/Building)
 03/02/15
70 B/O I ST SE   THEFT
2nd Degree
 03/01/15
100 B/O K ST SE   THEFT F/AUTO
 03/01/15
1000 B/O 5TH ST SE   THEFT F/AUTO
Theft From Auto 1
 02/28/15
400 B/O M ST SE   THEFT
2nd Degree
 02/28/15
100 B/O K ST SE   THEFT F/AUTO
Theft From Auto 1
 02/27/15
1000 B/O 4TH ST SE   THEFT F/AUTO
 02/27/15
100 B/O CANAL ST SE   THEFT
2nd Degree
 02/24/15
1300 B/O 4TH ST SE   THEFT
Theft 1 (Theft F/Building)
 02/19/15
1000 B/O 2ND ST SE   THEFT F/AUTO
 02/18/15
100 B/O K ST SE   THEFT F/AUTO
 02/06/15

Active Public Space Permits Archive  
No records added or modified in the past two weeks.

Recent Issued Building Permits Archive  
1011 1ST ST SE   
02/12/15 
COLIN CLARK / MICHAEL BIANCO; COLIN CLARK; MITCH PERMUY
E98099105 / SUPPLEMENTAL
1000 5TH ST SE   
02/24/15 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / KIM MITCHELL CDKM CONSULTING LLC
B1412422 / CONSTRUCTION
NEW BUILDING PERMIT FOR NEW COMMUNITY CENTER INCLUDING STEEL STRUCTURE BRICK AND MASONRY BACKUP
1240 12TH ST SE   
02/19/15 
WASHINGTON GAS LIGHT CO / CARLTON W ROBINSON
E1503465 / SUPPLEMENTAL
909 HALF ST SE   
02/25/15 
23 I LLC C/O RELATED COMPANIES / DAVID MILLER
SB1500157 / CONSTRUCTION
INSTALLATION AND MONITORING OF 8 INCLINOMETER MONITORING SYSTEMS. THREE INCLINOMETER CASINGS TO BE INSTALLED ALONG THE K STREET BORDER OF THE PROJECT. THREE CASINGS TO BE INSTALLED ALONG THE I STREET BORDER OF THE PROJECT. TWO CASINGS TO BE INSTALLED ALONG THE HALF STREET BORDER OF THE PROJECT.
   
02/23/15 
23 I LLC C/O RELATED COMPANIES / 23 I LLC C/O RELATED COMPANIES; ANDREW DANCE
SB1500132 / CONSTRUCTION
A HOLLOW STEM AUGER WILL INSTALL UP TO 30 TEMPORARY DEWATERING WELLS BY ADVANCING A 12 OD / 8 1 / 4 ID BOREHOLE TO A DEPTH OF 65 FEET. AT DEPTH A 4 INCH PVC FLUSH JOINT THREADED WELL ASSEMBLY WILL BE SET AND SELECT FILTER PLACED. INTO EACH WELL WILL BE INSTALLED A 1 HP TURBINE SUBMERSIBLE PUMP. EFFLUENT WILL BE DIRECTED THROUGH A COMMON MANIFOLD TO A BAFFLED SETTLING TANK AND DISCHARGED TO THE LO...
   
03/03/15 
23 I LLC C/O RELATED COMPANIES / JOHN DIEHL ECC INC.
UT1500019 / CONSTRUCTION
REMOVAL OF THREE UNDERGROUND STORAGE TANKS ENCOUNTERED DURING EXCAVATION FOR REDEVELOPMENT ACTIVITIES. ONE 1 000-GALLON HEATING OIL TANK ONE 1 000-GALLON KEROSENE TANK AND ONE 500-GALLON OIL / WATER SEPARATOR.
1015 HALF ST SE   
02/12/15 
THOMAS AN / THOMAS AN; HYH ELECTRIC CO. INC.
SG1500156 / CONSTRUCTION
INSTALL ONE SINGLE FACE BUILDING SIGN AND ONE DOUBLE FACE BLADE SIGN
   
02/18/15 
HALF ST SE LLC / STEPHEN R. HOLMAN
P1503532 / SUPPLEMENTAL
   
03/02/15 
HALF ST SE LLC / MATT LOSIGNOR
P1503861 / SUPPLEMENTAL
50 M ST SE   
02/18/15 
ENGLEWOOD LLC / FVI2020
FD1500010 / CONSTRUCTION
FOUNDATION OF GRADE RELATED TO CONSTRUCTION OF A NEW HOTEL
55 M ST SE   
02/24/15 
HINES GLOBAL REIT 55 M STREET LLC / ANDREW P CARAYIANNIS
M1501184 / SUPPLEMENTAL
100 M ST SE   
02/13/15 
SQUARE 743 INC / RONNIE E WRIGHT
E1503331 / SUPPLEMENTAL
   
02/13/15 
SQUARE 743 INC / DAVID FLEMING
P1503495 / SUPPLEMENTAL
   
02/19/15 
SQUARE 743 INC / DAVID FLEMING
P1503597 / SUPPLEMENTAL
   
02/20/15 
SQUARE 743 INC / GREGORY E LIGON
E1503498 / SUPPLEMENTAL
   
02/23/15 
SQUARE 743 INC / ANTHONY G SAMBURG
E1503518 / SUPPLEMENTAL
901 M ST SE   
02/19/15 
US GOVERNMENT NAVY PWC / SUMMIT CONSTRUCTION AND ES
B1504570 / CONSTRUCTION
REQUEST AND E&S PERMIT FOR WORK ON FEDERAL INSTALLATION. INSTALLING FOOTINGS AND SLAB WITH PORTCH SUPPORTS. MINOR GRADING AND SEEDING. BUILDING FOOTPRINT IS UNDER 700SF. LAND DISTURBANCE INCLUDING GRADING AND SEEDING IS UNDER 2 500SF.
100 M ST SE   
02/19/15 
SQUARE 743 INC / JOHN H THOMSON
E1503464 / SUPPLEMENTAL
   
02/20/15 
SQUARE 743 INC / DAVID RAINE; SQUARE 743 INC; DAVID RAINE
P38575591 / SUPPLEMENTAL
800 NEW JERSEY AVE SE   
02/24/15 
NEW JERSEY AT H LLC / JOHN H THOMSON
E1503556 / SUPPLEMENTAL
   
02/13/15 
BAKER DC / CHRISTINE LONG
AH1500246 / CONSTRUCTION
AN AFTER HOURS PERMIT IS RESPECTFULLY REQUESTED FROM 7:00PM THRU 7:00AM
909 NEW JERSEY AVE SE   
02/26/15 
909 NEW JERSEY AVENUE ACQUISITION LLC / DAVID L. HAHN
P1503815 / SUPPLEMENTAL
1000 NEW JERSEY AVE SE   
02/23/15 
CAPITOL HILL TOWER HOUSING COOPERATIVE INCF / SHAWN ALEX HELLER
HO1500118 / HOME OCCUPATION
HOME OFFICE (LAW OFFICE).
25 POTOMAC AVE SE   
03/03/15 
RIVERFRONT HOLDINGS I LLC /
P1503907 / SUPPLEMENTAL
1500 SOUTH CAPITOL ST SE   
03/02/15 
WASHINGTON NATIONALS STADIUM LLC / MATT LOSIGNOR
P1503862 / SUPPLEMENTAL
   
03/03/15 
NATIONALS PARK / KEVIN HOOVER; NATIONALS PARK; KEVIN HOOVER
E21362502 / SUPPLEMENTAL
300 TINGEY ST SE   
02/13/15 
RICHARD CERVERA / NATHANIEL GILL
B1504014 / CONSTRUCTION
NEW SUMMER GARDEN
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




     © Copyright 2015 JD.