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  #1041  
Old Posted Jan 3, 2015, 2:23 PM
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6th & D ST SW

Here are a couple of photos I took earlier this week of the 6th and D Street, SW, development (http://www.clarkconstruction.com/our...00-d-street-sw) at L'Enfant Plaza/Federal Center SW.



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  #1042  
Old Posted Jan 3, 2015, 2:31 PM
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Quote:
Originally Posted by Eightball View Post
What's planned for these two lots again?
Urban Turf has some information about this development: http://dc.urbanturf.com/pipeline/207/909_Half_Street/. The development will have 400 apartments and is bounded by Half Street SE, South Capitol Street, SE, and I Street.
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  #1043  
Old Posted Jan 5, 2015, 8:23 PM
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CoStar: Increased supply of apartments pushing rents down across all building classes

CoStar: Increased supply of apartments pushing rents down across all building classes


This chart shows the four-quarter rolling percentage rent growth from 2002 through third quarter 2014 for four- and five- star apartments and three-star apartments in the Washington area. (Source: CoStar Group/Capital Business)

By Maeve Gallagher
January 4, 2015
Washington Post

"Although it may not seem like it, average apartment rents are taking a smaller bite out of bank accounts these days. Year-over-year average rent growth among mid-quality, three-star apartments declined during the third quarter for the first time in 2014, while average rents in higher quality four- and five-star apartments have been dropping since the second quarter of 2013.

Until now, the rent gap between the two sets of apartments had been narrowing. Average rents for a three-star apartment in the Washington metropolitan area are $1,464 per month on average, compared to $1,944 per month at a four- or five-star building, a difference of roughly 28 percent. Ten years ago, however, that difference was even larger at about 39 percent.

Why has the rent gap shrunk? Part of the reason is that a wave of new apartments hit the region in 2007, delivering about 11,400 new units, 120 percent more than the historical average number of units produced per year from 1983 to 2006..."

http://www.washingtonpost.com/busine...pital_business
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  #1044  
Old Posted Jan 5, 2015, 10:08 PM
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Wow...supply and demand works even in dense, urban cities.
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  #1045  
Old Posted Jan 5, 2015, 11:27 PM
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Detailing Douglas Development's expanding plans for the Hecht Warehouse District

Detailing Douglas Development's expanding plans for the Hecht Warehouse District

By Michael Neibauer
Washington Business Journal
Dec. 24, 2014

"Douglas Development continues to show unbridled confidence in Ivy City.

The redevelopment of the historic Hecht Co. warehouse on New York Avenue NE is a work in progress, but Douglas is already moving to expand the project. On Tuesday, it filed an application to modify the approved Hecht Warehouse District planned unit development with the addition of a building that will be leased by a restaurant, coffee shop or other retail.

The 8,000-square-foot structure, as designed by Antunovich Associates, would feature a large roof terrace with landscaped areas and outdoor seating. It is slated for the intersection of Okie Street and Hecht Avenue, a private road running between the warehouse and the neighboring, Douglas-developed 1,067-space parking garage/MOM's Organic Market building (also, soon to be home to Petco)..."

http://www.bizjournals.com/washingto....html?page=all
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  #1046  
Old Posted Jan 6, 2015, 10:49 PM
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DC class A rental market going strong
http://dc.urbanturf.com/articles/blo...ng_strong/9371
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  #1047  
Old Posted Jan 7, 2015, 5:54 PM
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45-Unit Townhouse and Loft Project Proposed for Auto Repair Shop on Capitol Hill

45-Unit Townhouse and Loft Project Proposed for Auto Repair Shop on Capitol Hill

By Lark Turner
Urban Turf
Jan. 7, 2014


An early sketch of an alley courtyard created by the project. (Image courtesy of Urban Turf).

"A plan to redevelop industrial buildings near Watkins Elementary School on Capitol Hill into a 45-unit residential project was floated before an ANC 6B committee on Tuesday night. The proposed buildings at and around 1311 E Street SE (map) would include roughly 30,000 square feet to be constructed on what’s now an auto repair shop and a warehouse.

The site is currently zoned for industrial use, and the project will require a planned unit development (PUD) to move forward.

Sean Ruppert, the principal of OPaL LLC, gave the ANC committee an informational presentation on the project, which is still in its preliminary stages. Gregory Sparhawk of gps designs is the project architect..."

http://dc.urbanturf.com/articles/blo...itol_hill/9374
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  #1048  
Old Posted Jan 7, 2015, 9:06 PM
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Certainly this isn't a one-size-fits-all solution, but after living in SF, I hope they would get their act together on this issue.

Quote:
Originally Posted by 202_Cyclist View Post
CoStar: Increased supply of apartments pushing rents down across all building classes


This chart shows the four-quarter rolling percentage rent growth from 2002 through third quarter 2014 for four- and five- star apartments and three-star apartments in the Washington area. (Source: CoStar Group/Capital Business)

By Maeve Gallagher
January 4, 2015
Washington Post

"Although it may not seem like it, average apartment rents are taking a smaller bite out of bank accounts these days. Year-over-year average rent growth among mid-quality, three-star apartments declined during the third quarter for the first time in 2014, while average rents in higher quality four- and five-star apartments have been dropping since the second quarter of 2013.

Until now, the rent gap between the two sets of apartments had been narrowing. Average rents for a three-star apartment in the Washington metropolitan area are $1,464 per month on average, compared to $1,944 per month at a four- or five-star building, a difference of roughly 28 percent. Ten years ago, however, that difference was even larger at about 39 percent.

Why has the rent gap shrunk? Part of the reason is that a wave of new apartments hit the region in 2007, delivering about 11,400 new units, 120 percent more than the historical average number of units produced per year from 1983 to 2006..."

http://www.washingtonpost.com/busine...pital_business
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  #1049  
Old Posted Jan 7, 2015, 9:24 PM
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Quote:
Originally Posted by jpdivola View Post
Wow...supply and demand works even in dense, urban cities.
Yes, I agree. This is one of the reaons why I support relaxing the Height Act around the outer metro stations within DC. Expanding supply will help moderate prices.
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  #1050  
Old Posted Jan 8, 2015, 7:48 PM
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  #1051  
Old Posted Jan 8, 2015, 8:05 PM
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Quote:
Originally Posted by Eightball View Post
NE DC is booming. Two projects announced today:
And one more for Potomac Avenue, right across from the metro station.

Major Condo/Retail Project Coming to NY Pizza Site On PA Avenue, SE

Capitol Hill Corner
Jan. 8, 2014
By Larry Janezich


Image courtesy of Capitol Hill Corner.

"CAS Reigler, the developer of the Edmonds School Project, has won the bid to redevelop the 22,000 square foot residential/retail site at 1401 Pennsylvania Avenue, SE. Plans are in a very preliminary stage, but the site will roughly accommodate up to 80 apartments/condos and 15,000 square feet of retail. The site is across Pennsylvania Avenue from Potomac Metro stop and the Harris Teeter at the Pennsylvania-Potomac Avenue intersection. Last night, ANC6B’s Transportation Committee met with DDOT officials to view the latest design concepts for the redesign of the intersection (about which, more later).

CAS Reigler representatives met with the Office of Planning yesterday to discuss the concept. According to Robin Bettarel, CAS Reigler’s Director of Development, OP expressed support for family sized units. Much of recent residential construction on Capitol Hill has focused on smaller units.

A decision has not yet been made whether to build within the current 50 foot height limit or to seek a PUD which would allow greater height – up to 90 feet, though Bettarel was quick to point out, that height would never be approved for that location..."

http://capitolhillcorner.org/2015/01...-pa-avenue-se/
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  #1052  
Old Posted Jan 9, 2015, 4:57 PM
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Metro, Forest City and Urban Atlantic unveil New Carrollton vision
http://www.bizjournals.com/washingto....html?page=all
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  #1053  
Old Posted Jan 9, 2015, 8:35 PM
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Quote:
Originally Posted by Eightball View Post
Metro, Forest City and Urban Atlantic unveil New Carrollton vision
http://www.bizjournals.com/washingto....html?page=all
This is great to see. I own some Forest City stock and Forest City is doing a tremendous job with their development in our neighborhood, the Navy Yard/Capitol Riverfront, so I hope this New Carrollton development is successful as well. Hopefully Larry Hogan doesn't screw this up by cancelling the Purple line. New Carrollton's value is immensely enhanced by being at the terminus of the Purple line.

Here are some renderings from an article in the Washington Post.

Metro advances project to transform New Carrollton


Image courtesy of the Washington Post.


Image courtesy of the Washington Post.

Last edited by 202_Cyclist; Jan 9, 2015 at 8:57 PM.
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  #1054  
Old Posted Jan 10, 2015, 3:01 PM
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Hyatt Place (4th & E Street SW)

Here is a photo I took on Thursday of the mixed-use Hyatt and fire station under construction at 4th & E Street, SW, right across the street from the NASA headquarters.

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  #1055  
Old Posted Jan 10, 2015, 4:32 PM
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Cool photo. Got any more of that new Hyatt?
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  #1056  
Old Posted Jan 11, 2015, 5:28 PM
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This is great infill for Hill East. The trash truck parking on the next block needs to be developed too.

Quote:
Originally Posted by 202_Cyclist View Post
45-Unit Townhouse and Loft Project Proposed for Auto Repair Shop on Capitol Hill

By Lark Turner
Urban Turf
Jan. 7, 2014


An early sketch of an alley courtyard created by the project. (Image courtesy of Urban Turf).

"A plan to redevelop industrial buildings near Watkins Elementary School on Capitol Hill into a 45-unit residential project was floated before an ANC 6B committee on Tuesday night. The proposed buildings at and around 1311 E Street SE (map) would include roughly 30,000 square feet to be constructed on what’s now an auto repair shop and a warehouse.

The site is currently zoned for industrial use, and the project will require a planned unit development (PUD) to move forward.

Sean Ruppert, the principal of OPaL LLC, gave the ANC committee an informational presentation on the project, which is still in its preliminary stages. Gregory Sparhawk of gps designs is the project architect..."

http://dc.urbanturf.com/articles/blo...itol_hill/9374
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  #1057  
Old Posted Jan 11, 2015, 10:53 PM
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Quote:
Originally Posted by 202_Cyclist View Post
Yes, I agree. This is one of the reaons why I support relaxing the Height Act around the outer metro stations within DC. Expanding supply will help moderate prices.
But the real question is: Are those areas already upzoned under the current rules? If not then relaxing the Height Act will do jack squat for them.
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  #1058  
Old Posted Jan 15, 2015, 4:18 PM
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Alexandria receives $50M state loan for Potomac Yard Metro station



Quote:
Alexandria will receive a $50 million loan from the Virginia Transportation Infrastructure Bank to go toward the construction of a Metro station near Potomac Yard, the governor's office announced Wednesday.

With the estimated cost of an infill Potomac Yard station sitting somewhere between $209 million and $268 million, the loan will square away a sizable chunk of the upfront costs. The city has yet to determine the location of a new station near Potomac Yard, a northeastern section of the city that's been subject to massive redevelopment in recent years.

The area is expected to support 26,000 new jobs within a quarter of a mile and 13,000 new residents in a half-mile radius, according to a release from the governor's office.
==============================
http://www.bizjournals.com/washingto...r-potomac.html
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  #1059  
Old Posted Jan 19, 2015, 5:38 PM
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New Look for 71 Unit EOTR building
http://dc.urbanturf.com/articles/blo...the_river/9411
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  #1060  
Old Posted Jan 20, 2015, 9:31 PM
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202 if u got more shots of wonder bread uload them

Glass going up on Atlantic Plumbing Building – 8th and V Street, NW

http://www.popville.com/2015/01/glas...d-v-street-nw/
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