DC property records show that on Oct. 1, "Toll DC LP" paid $14.5 million to the Cohen Companies for the final empty lot on the
Square 699N/Velocity block, running along the east side of Half Street SE between K and L, across from
1015 Half Street.
With
Toll's $24 million purchase back in May of the 1st and K portion of the same square with plans to build a 250ish-unit residential building, this now gives the company a second toe-hold inside the District, both on the same block.
There are rumors that the 1st and K site could see construction start in the spring, but there have been no announcements. (And I can't really even say "wait to watch for digging," since on that 1st and K site the garage and underground infrastructure was already dug and completed when the Cohen companies built
Velocity.)