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Near Southeast DC Past News Items: 55 M St.
See JDLand's 55 M St. Project Page
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In the Pipeline
25 M
Yards/Parcel I
Chiller Site Condos
Yards/Parcel A
1333 M St.
More Capper Apts.
Yards/DC Water site
New Marine Barracks
Nat'l Community Church
Factory 202/Yards
SC1100
Completed
Thompson Hotel ('20)
West Half ('19)
Novel South Capitol ('19)
Yards/Guild Apts. ('19)
Capper/The Harlow ('19)
New DC Water HQ ('19)
Yards/Bower Condos ('19)
Virginia Ave. Tunnel ('19)
99 M ('18)
Agora ('18)
1221 Van ('18)
District Winery ('17)
Insignia on M ('17)
F1rst/Residence Inn ('17)
One Hill South ('17)
Homewood Suites ('16)
ORE 82 ('16)
The Bixby ('16)
Dock 79 ('16)
Community Center ('16)
The Brig ('16)
Park Chelsea ('16)
Yards/Arris ('16)
Hampton Inn ('15)
Southeast Blvd. ('15)
11th St. Bridges ('15)
Parc Riverside ('14)
Twelve12/Yards ('14)
Lumber Shed ('13)
Boilermaker Shops ('13)
Camden South Cap. ('13)
Canal Park ('12)
Capitol Quarter ('12)
225 Virginia/200 I ('12)
Foundry Lofts ('12)
1015 Half Street ('10)
Yards Park ('10)
Velocity Condos ('09)
Teague Park ('09)
909 New Jersey Ave. ('09)
55 M ('09)
100 M ('08)
Onyx ('08)
70/100 I ('08)
Nationals Park ('08)
Seniors Bldg Demo ('07)
400 M ('07)
Douglass Bridge Fix ('07)
US DOT HQ ('07)
20 M ('07)
Capper Seniors 1 ('06)
Capitol Hill Tower ('06)
Courtyard/Marriott ('06)
Marine Barracks ('04)
 
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Oh, I've wanted to post this rumor for so long (and have hinted at it on Twitter) but never could bring myself to pull the trigger when I couldn't get anything out of Monument or DDOT or any first-level source. But, here's WBJ going where I wouldn't (subscribers only): "[The District Department of Transportation] has signed a letter of intent and is close to a deal on a 10-year lease for 150,000 square feet in Monument Realty's Half Street building at 55 M St. SE, according to sources." Neither Monument nor DDOT would confirm to WBJ either, with DDOT spokesman John LIsle quoted as saying, "We are hoping to move this year. It may be ambitious, but that is our goal."
Originally DDOT was going to move to the Anacostia Gateway project, but that was cancelled a few months ago. WBJ says that, between DDOT's space and existing tenant Sayres and Associates (who apparently will be adding another 10,000 square feet to their lease), 55 M will be about two-thirds leased.
 

From WBJ, the news that government contractor Sayres and Associates has signed a seven-year deal to lease 20,000 square feet at 55 M Street, Monument Realty's office building on top of the Navy Yard Metro station at Half and M. Sayres currently is at Maritime Plaza, and is expected to move into 55 M in April of next year. This is the first tenant for 55 M; with the Bureau of Land Management moving in across the street at Lerner's 20 M next year, all of the office buildings in Near Southeast completed since 2007 will have lease deals (100 M was nearly 40 percent leased when it opened at the end of 2008).
Monument is still looking for financing to complete the south end of the block, where they have been planning to build a hotel and two residential buildings.
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More posts: 55 M St., Monument Valley/Half St.
 

If you can wait an extra minute or to before going back to bed and pulling the covers over you until this cold rain is over, here's a few (very) small items:
* DDOT sent out a press release late Wednesday announcing a series of public meetings to "engage residents and businesses in the implementation of improvements proposed for the transit system for the city, including streetcars", the first phase of which should eventually run across the 11th Street Bridges from Anacostia to H Street NE. They haven't posted the release on their own web site yet, but Streetcars for DC has it (UPDATE: it's now posted at DDOT, and amended slightly). The closest meeting to Near Southeast is the first one, Oct. 22 from 7 to 8:30 pm at J.O. Wilson Elementary, 660 K St., NE. For more information, visit DDOT's Streetcar pages.
And, via BeyondDC, the WBJ is reporting that the H Street portion of the first phase will be completed first, thanks to lobbying by Tommy Wells. Wells is also working to overturn the longtime ban on overhead wires in parts of the city that include H Street, according to the article. But no timeline for the start of construction has been mentioned. (UPDATE 2: In a tweet, DDOT says this: "Our official target date is still late 2012 for Anacostia, but we are working to accelerate that line as well as H/Benning.")
Unfortunately, DDOT's current site doesn't include the early studies for the project, but Richard Layman ferreted out the web archive version of the site, where you can see the line down M Street SE and SW was one of the possible additional lines at this time. Will there be one in the next phase of plans?
* It may not seem like the sale of Corus Bank's portfolio of distressed construction loans to a group led by Starwood Capital Group would be of much interest, but included in that portfolio are the construction loans for both Velocity Condos and Monument's 55 M Street office building. This shouldn't have much of an impact on Velocity, but could help 55 M in its quest to lease space, as potential tenants see more certainty surrounding the building's financing.
* ANC 6D's October monthly meeting is Monday, Oct. 19, at 7 pm at St. Augustine's, 6th and M streets, SW. No agenda released as of yet (which is why I cry when I see other ANCs that post their agendas well over a week [sometimes two] before their meetings).
* Tommy Wells has arranged for free seasonal flu shots (not H1N1) to be given to senior citizens in Southwest and near Southeast on Saturday, Oct. 17, from 9 am to noon at the Greenleaf Recreation Center, 201 N Street, SW. The shots will be free for seniors with Medicare Part B as their primary insurance, or $30 otherwise.
* (ADDED) I linked to a story about this idea a few weeks back, but here's a detailed post from TSArchitect (cross-posted at GGW) on "McMillan Two," which would radically remake the Anacostia Waterfront by filling in much of the river to narrow it to a width of about 500 feet, the same as the Seine in central Paris.
 

* GlobeSt.com says that the 100 M Street office building built by Opus East--and now owned by its bank after Opus went into Chapter 7 liquidation--is under contract to be sold for $80 million to Mayfield Gentry. Gentry has been pursuing the purchase since late last year. GlobeSt: "If events play out as expected, 100 M St., SE will fit nicely into the story line emerging for the District's real estate community: namely, that buildings in the city limits are still holding their value and attracting investor interest--so much so that the growing levels of distressed real estate are not likely to impact the District to any great degree."
And two quick links that I Tweeted on Friday but forgot to post here (oops):
* Want to rent out the ballpark or a portion thereof for a shindig? The NationalsEvents.com web site is now launched, with details on packages, rates, and more. (I needed this when I was trying to put together my high school reunion last year.)
* WBJ's Breaking Ground blog posted on the status of Monument's Half Street project, talking about "the hole" ("'The hole. Yes, the hole,' sighed Russell Hines") and the 55 M office building completed earlier this year which "is still empty but has experienced 'a distinct change in the level of activity' over the past two months, with a few seriously interested tenants." They're looking for ways to find financing to start construction on the residential and hotel portion on the south end of the block, but aren't finding any outlets yet; but because the site is owned outright between the equity partners (Monument, the shell of Lehman Brothers, and MacFarlane Partners), "no construction lender or mortgage holder is going to demand the keys" to the site.
 

Monument Realty just passed along word that 55 M Street, the 275,000-sq-ft office building at Half and M that was home to Artomatic 2009, has been awarded LEED Gold certification by the US Green Building Council. A quote from Monument's head, Michael Darby: "This is a great accomplishment for us. We expected to earn LEED Silver certification at 55 M, so to be awarded Gold is a true testament to the hard work that all the team members put into this project."
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More posts: 55 M St., Monument Valley/Half St.
 

From today's print edition of the Washington Business Journal (subscribers only), news that two as-yet-unoccupied office buildings in Near Southeast may be close to securing tenants. WBJ says that Monument Realty is "in discussions" with Booz Allen Hamilton to lease more than 30,000 square feet of space at 55 M (currently home to Artomatic), though Booz is apparently also looking at Lerner's 20 M across the street and the under-construction 1015 Half a block to the north.
The article also says that an "undisclosed federal agency is on the cusp of announcing" a 100,000-sq-ft lease at 20 M. I have heard murmurings of some outfit moving to 20 M--if someone wants to whisper in my ear who it is, I'm listening!
 

Hard to believe, after the weeks of buildup, that the opening of Artomatic is going to turn out to be the *second* most exciting event in Near Southeast today, but it should still be noted that it did indeed open its doors at noon today, running for hours and hours between now and July 5. You can get all the specifics at the Artomatic web site, and I'm sure many local blogs and media outlets will give it coverage far beyond what my left-brain-ness is capable of providing, but I did take a few photos at the kick-off this morning that might whet your appetite to go give it a visit. And these shots were from just one of the eight floors' worth of offerings, so there's plenty that I plan to go back to see. (I also took a few photos of the surrounding skyline, since this was my first visit inside Monument's 55 M.)
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More posts: 55 M St., artomatic, Events, Monument Valley/Half St.
 

* Tomorrow (Thursday, May 28) at 10:30 am is the groundbreaking ceremony for the Park at the Yards, the first phase of which is scheduled to be completed next spring. The mayor is supposed to be in attendance--I may have to create a Shovel-Wielding Fenty photo gallery, since I now have quite a few of those shots.
* Friday (May 29) at noon is the opening of Artomatic at 55 M Street. I'm giving everyone advance warning that I am hopelessly left-brained, so I won't really even be trying to cover it much beyond wandering through to get the flavor. It runs until July 5, so everyone has plenty of time to get there and check it out. (You can see some of the installations already through the windows.) See my calendar for the specific days and hours (it's closed Mondays and Tuesdays).
* An extremely helpful commenter in this thread has explained why some of the flyovers and ramps are missing from the new Skanska/Facchina schematic of the new 11th Street Bridges design that I linked to: "[It] does not show all the ramp connections in the FEIS design because the District could only find $260 million to fund the project, and the FEIS design is estimated to cost $360 million. The District asked for proposals to build as much of the project as possible for the availible $260 mill, and the schematic shows how much the winning bidder Skanska/Facchina proposed to build. It is a lane-mile more than the next best proposal. The District's plan is to build the rest when they can secure funding (maybe sooner than later.)"
* While not mentioning Near Southeast specifically, this Post article from yesterday talks about the very tough office-space market in DC and surroundings: "'Unless they're already in the ground, they're not starting,' said Steven A. Levin, managing director at Spaulding & Slye. 'Any development project needing a loan over $25 million requires multiple lenders, and the guarantees are onerous. The amount of money you can borrow is also reduced.' [...] Dennis K. Moyer, a commercial real estate lawyer with Goulston & Storrs, said some of his clients are reviewing their existing loans and wondering whether they'll be paid, even on properties that are doing well. 'The next wave that comes is likely the workouts, foreclosures and restructurings,' he said."
 

[Note: I'm back in town after almost a week away (reminder to self: next year don't skip town the week before the home opener), so apologies if my coverage of the various events and media pieces has seemed even less scintillating than usual. And now I'm going to end the week with one more less-than-perfect entry, which I should have written before I left but didn't do it until now....]
If you haven't been back to Nationals Park or the surrounding Near Capitol Ballpark River Yards neighborhood since last year's Opening Day, here's what you'll see that wasn't completed on your last visit:
* 55 M Street - Right on top of the west entrance of the Navy Yard Metro station, at the head of Half Street, is Monument Realty's 275,000-sq-ft office building, which has been finished in the last few months and which will be home to Artomatic this summer. No office or retail tenants have been announced, although WBJ reported a few weeks back that Gordon Biersch may be eyeing some of 55 M's ground-floor space. The rest of Monument's Half Street site remains a large hole in the ground, with financing for the planned 350 residential units and adjoining hotel directly across from the ballpark nowhere to be found.
* 70 and 100 I Street - Sibling apartment buildings officially known as the Axiom and Jefferson at Capitol Yards first began move-ins in late summer 2008, and their combined 700 units are reported to be about 50 percent leased. (They're the big brick buildings sitting just south of the Freeway.)

* Onyx on First - Another apartment building (though it had been originally planned as condos), Onyx opened at the corner of First and L streets in late fall of 2008. It has approximately 266 units.

* 100 M Street - On the site of the old On Luck cafeteria at First and M, this 240,000-sq-ft office building opened right at the tail end of 2008, and is close to 40 percent leased, with Parsons occupying about one-third of the space. A SunTrust Bank branch is under construction on the ground floor--there's additional retail space where a restaurant could be a possibility, though no deals have been announced.

* 909 New Jersey - Finished mere moments ago (it opened last week), this 237-unit apartment building at New Jersey and I by JPI (developers of 70 and 100 I) is catching eyes with its blue-edged nighttime profile, and is generating piles of "have they signed anyone for their retail space?" messages in my inbox (answer: not that I've heard so far). Baseball fans walking down from Capitol South will also appreciate the wide new sidewalk now just one block south of the freeway.

As for what's currently underway, there's the first phase of townhouses at Capitol Quarter (where the first residents will move in this month and where work will continue into next year), the 200-unit Velocity condo building at First and L, and the 440,000-sq-ft office building at 1015 Half Street (which will be completed in 2010 but will already be cursed for obscuring the view of the Capitol dome from some seats in the ballpark that had it last year). There's also construction continuing at Diamond Teague Park, right across from the ballpark's grand staircase, but the somewhat optimistic timeline of having the water taxi piers completed by Opening Day has now been revised to "midseason."
Work had begun on rehabbing the brown-and-white Pattern/Joiner Shop at the Yards last year (which folks walking to the ballpark from the Nats Express drop-off will see), but financing problems brought the work to a halt early in 2009, and Forest City continues to look for money to restart the project.
The most prominent structure that's disappeared in the past 12 months is the former WMATA bus garage on Half Street just across from the subway entrance, demolished two weeks ago to make way for Akridge's planned 700,000-sq-ft mixed-use development, though that project won't get underway before 2010. (The south end of Akridge's Half Street land is where the [not-a-]beer garden may appear later this summer.)
But, as has been written about extensively elsewhere, as of now there's no new places to eat since last year (though a deli is coming to Third and K in May), and most likely no additional projects will get underway before next year.
So, study this little guide and amaze your friends with your knowledge of what's what as you look at the ballpark's surroundings.
 

I'm still here, though perhaps you can't see through the large tumbleweeds currently blowing across the JDLand.com landscape. There just hasn't been hardly any news of late, and in a strange way, the less news there is, the harder it is for me to carve out time from real life (where a couple big projects are consuming much of my time) to do the deeper digging. Plus, I'm on strike from taking photos until the weather gets warmer.
That being said, I can report (h/t to reader E. and the 55 M construction cam) that the new sidewalks around 55 M are starting to go in. There's also some utility work being done across Half at the bus garage to prepare for its demolition. The web cam also has a view of the back of the Red Porch restaurant at the ballpark, where I'm keeping an eye on when the upgrades might start to that space.
Speaking of sidewalks, there's some very nice public space work being done at 909 New Jersey, with a combination of concrete and brick sidewalks being put in along New Jersey (along with the front steps to the building). And anyone who's been close to Near Southeast at night has now seen the blue lights that run along the top of the building's "bow." (They match the color of the lights on the Douglass Bridge.)
And Capitol Quarter framing work has now made the turn up Fourth Street north of L.
If the lack of news is bumming you out, you can always go back and read what was happening this time last year. It was *slightly* busier, as we were hitting the final weeks before the opening of the ballpark. Then again, if we go way back, to February 2004, I posted one entry for the entire month. (I'm just now realizing there's no easy access to the monthly archive of blog entries from the home page--but if you look down the right margin of any "interior" page on the site, you'll see the "Browse by Month" links.)
 
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