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Near Southeast DC Past News Items: Mar 12, 2010
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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1 Blog Posts

From the Examiner, a tally of the costs to the city of first renting and now purchasing the old Post Plant at 225 Virginia Ave., which it says will total $400 million from the original leasing of the building in 2006 through the end of the new 20-year lease with StonebridgeCarras: "The D.C. Council recently approved a 20-year, $174.4 million lease with developer StonebridgeCarras LLC, which will overhaul the property to house three government agencies. From the first rent payment in July 2007 to the end of the StonebridgeCarras deal, the District will have spent more than $274 million to lease, buy, renovate and lease the building again. Operating costs for 345,120 rentable square feet will be in the $6 million-a-year range, adding $120 million to the price tag."
There's no word yet on when renovations to the building will begin. If you want more background on the long and winding road of DC's dance with this building, you can read my archived posts.
 




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