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May 26, 2013
3rd at Water St., Looking East (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.]
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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.

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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  
200 B/O M ST SE   THEFT /  10/12/14
200 B/O I ST SE   THEFT /  10/08/14
70 B/O I ST SE   THEFT F/AUTO /  10/08/14
800 B/O L ST SE   BURGLARY /  10/07/14
9TH ST SE AND POTOMAC AVE SE   THEFT F/AUTO /  10/03/14
100 B/O K ST SE   THEFT F/AUTO /  10/03/14
VIRGINIA AVE SE AND 8TH ST SE   THEFT F/AUTO /  09/28/14
6D   THEFT F/AUTO /  09/27/14
1100 B/O NEW JERSEY AVE SE   THEFT /  09/26/14
300 B/O WATER ST SE   THEFT /  09/24/14
50 B/O M ST SE   THEFT /  09/24/14

Active Public Space Permits Archive  
1331 2ND ST SE    Carlton Ray 
Assigned
paving; streetfixture; excavation  
 02/10/14
to
02/09/15
1331 4TH ST SE    Forest City Forest City 
Issued
excavation; new  
 01/10/14
to
02/10/15
301 TINGEY ST SE    Potbelly Sandwich Works LLC 
Issued
new  
 03/21/12
to
11/27/14

Recent Issued Building Permits Archive  
1212 4TH ST SE   
10/10/14 
FORREST CITY
TL1500006 / CONSTRUCTION
CHANGE OWNER ADDRESS ON EXISTING BUILDING PERMIT TL1400136
1019 4TH ST SE   
10/14/14 
JOHN SHORT
F1500026 / CONSTRUCTION
WE WILL INSTALL AN ORNAMENTAL IRON FENCE IN THE FRONT YARD WITH A GATE. THE FENCE IS 3 FEET HIGH AND THE FENCE WILL BE BLACK IRON. FENCE IS ENTIRELY ON PUBLIC SPACE.
1212 4TH ST SE   
10/16/14 
FC 1212 LLC / PAUL R. JABLONSKI
E1500411 / SUPPLEMENTAL
   
10/16/14 
FC 1212 LLC / ARK SIGN SERVICES INC.; NONE
SG1500034 / CONSTRUCTION
INSTALL ONE WALL MOUNTED ILLUMINATED SIGN.
1103 9TH ST SE   
10/10/14 
ICP PARTNERS POTOMAC 810 LLC / HARRY RIDGEWAY
P1500293 / SUPPLEMENTAL
1220 12TH ST SE   
10/10/14 
WASHINGTON GAS LIGHT CO /
P1500284 / SUPPLEMENTAL
80 M ST SE   
10/10/14 
VEIC / GEORGE DELGADO
B1411521 / CONSTRUCTION
INTERIOR ALTERATION TO SUITE 310 AS REQUIRED FOR EXPANSION. WORK TO INCLUDE ELECTRICAL MECHANICAL AND PLUMBING
20 M ST SE   
10/17/14 
SOUTHEAST REALTY LLC / DAMON ELLIS; .
SG1400457 / CONSTRUCTION
INSTALLATION OF NEW NON ELECTRIC SIGN 10FT L 1FT 8IN H 3IN W
99 M ST SE   
10/07/14 
BALLPARK SQUARE 701 LLC / STEVEN ADAMCHAK ECS MID-ATLANTIC LLC
SB1400475 / CONSTRUCTION
TWO GEOTECHNICAL BORINGS TO A AN APPROXIMATE DEPTH OF 60 FT BELOW EXISTING SITE GRADES TO BE LOCATED WITHIN PRIVATE PROPERTY. TWO BORINGS WILL BE CONVERTED TO TEMPORARY MONITORING WELLS.
100 M ST SE   
10/10/14 
SQUARE 743 INC /
P1500281 / SUPPLEMENTAL
   
10/07/14 
SQUARE 743 INC / ANTHONY G SAMBURG
E1500145 / SUPPLEMENTAL
   
10/15/14 
NORTHWOOD INVESTERS LLC / STANLEY HUBBARD; NORTHWOOD INVESTERS LLC; STANLEY HUBBARD
E14516088 / SUPPLEMENTAL
   
10/17/14 
WASHINGTON D.C. / GARY MCVEY; WASHINGTON D.C.; GARY MCVEY
E50257566 / SUPPLEMENTAL
901 M ST SE   
10/16/14 
CARLTON RAY
AH1500035 / CONSTRUCTION
TO PERFORM TEMPORARY LANE CLOSURES
1201 M ST SE   
10/14/14 
COMCAST CABLE / MICHAEL SONESEN
AH1500018 / CONSTRUCTION
PLACING INNERDUCT IN EXISTING VERIZON MANHOLES. OCTOBER 9 2014 ? NOVEMBER 9. 2014. 7PM ? 2AM WEEKNIGHTS ? SATURDAYS
   
10/16/14 
CARLTON RAY
AH1500034 / CONSTRUCTION
TO PERFORM TEMPORARY LANE CLOSURES
1000 NEW JERSEY AVE SE   
10/14/14 
CAPITOL HILL TOWER HOUSING COOPERATIVE INCF / RICHARD G. FINFROCK
P1500331 / SUPPLEMENTAL
1111 NEW JERSEY AVE SE   
10/10/14 
DONOHOE DEVELOPMENT COMPANY / HERB LAWHORN
SB1400488 / CONSTRUCTION
A HOLLOW STEM AUGER WILL INSTALL 10 TEMPORARY DEWATERING WELLS BY ADVANCING A 12 INCH OUTER DIAMETER / 8 1 / 4 INCH INNER DIAMETER BORE HOLE TO A DEPTH OF 70 FEET BGS. AT DEPTH A 4 INCH PVC FLUSH JOINT THREADED WELL ASSEMBLY WILL BE SET AND SELECT FILTER PLACED. INTO EACH WELL WILL BE INSTALLED 2 HP TURBINE SUBMERSIBLE PUMPS. EFFLUENT WILL BE DIRECTED THROUGH A COMMON MANIFOLD TO A BAFFLED SETTLIN...
   
10/16/14 
GALLERY CAPITOL RIVERFRONT / THOMAS P MCGUIRE
E1500402 / SUPPLEMENTAL
25 POTOMAC AVE SE   
10/08/14 
MRP REALTY / JASON BENTLEY
SH1400037 / CONSTRUCTION
SHEETING AND SHORING FOR NEW BUILDING
300 TINGEY ST SE   
10/06/14 
FC BOILERMAKER LLC FC BOILERMAKER LLC / FC BOILERMAKER FC BOILERMAKER LLC
B1500169 / CONSTRUCTION
INSTALLATION OF KITCHEN FIRE SUPPRESSION SYSTEM
   
10/15/14 
FC BOILERMAKER LLC / BIRKHEAD ELECTRIC INC.; ERIN ANCHOR SIGN INC
SG1500023 / CONSTRUCTION
2-COMMERCIAL SIGN INSTALLATION
301 WATER ST SE   
10/23/14 
FOREST CITY
B1408021 / CONSTRUCTION
REVISION TO B1305741 EXTERIOR SEATING LOAD FROM 188 TO 345 EXTERIOR SEATING CONSIDER AS SUMMER GARDEN ON PRIVATE PROPERTY PER GSA / DC GOV EASMENT.
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  
CUSHING PL   09/11/14
$ 9,000,000
HALF STREET RESIDENTIAL PJV LLC
 
HALF ST   09/11/14
$ 12,500,000
HALF STREET RESIDENTIAL PJV LLC
 
N ST   09/11/14
$ 12,500,000
HALF STREET RESIDENTIAL PJV LLC
 
CUSHING PL   09/11/14
$ 9,000,000
HALF STREET RESIDENTIAL PJV LLC
 
N ST   09/11/14
$ 12,500,000
HALF STREET RESIDENTIAL PJV LLC
 
N ST   09/11/14
$ 12,500,000
HALF STREET RESIDENTIAL PJV LLC
 
HALF ST   09/11/14
$ 12,500,000
MR BP RESIDENTIAL #1A LLC
 
N ST   09/11/14
$ 12,500,000
MR BP RESIDENTIAL #1A LLC
 
0025 POTOMAC AV   08/08/14
$ 78,486,500
RIVERFRONT HOLDINGS I LLC
 


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