Friday, January 26, 2007

J Street Development Company Set to Revamp Two NoMa Corridor Lots


For some, the term "NoMa" is reason to shudder and damn the group of individuals who coined a focus-group term annoyingly similar to SoHo. Love it or hate it, NoMa is transforming, and two of those changes will feature DC-based J Street Development Company: One to take place at 1111 North Capitol Street between L and Pierce Streets, the other at 60 L Street. On North Capitol Street, J Street will redevelop a warehouse used by the Smithsonian Institution to prepare up-and-coming exhibits, turning it into a yet-undetermined combination of housing, office space, and retail stores. The majority of the property is owned by J Street, though a small portion of the lot, "Lot 29", recently sold to Tishman Real Estate Services. Paula Gaskins, an Executive Assistant at J Street, said the company is still in the zoning and permit stages. The building's lease to the Smithsonian doesn't expire until September 2011, so demolition and rebuilding won’t begin until at least that time, but Gaskins noted that "nothing happens overnight, so we are going through the steps because it is a historic building." J Street Development Company’s other NoMa development, "First Place", at 60 L Street (pictured) was bought just a year ago, and is now in the master planning stage. One block south of the New York Ave Metro station, First Place will include 500 residential units, office, and retail space when completed in 2009.

13 comments:

Jackson on Jan 26, 2007, 11:56:00 PM said...

I just stumbled upon this blog today, and wanted to say how great it is. Very comprehensive and current. As a 16-year resident, it's amazing to see so much happening in DC right now. Keep the news comin'! I'll be back often!

Nick on Jan 27, 2007, 9:35:00 AM said...

Thanks for the feedback! We are all long-time residents ourselves (me - 20 years) and never get tired of all things DC.

IMGoph on Jan 27, 2007, 7:52:00 PM said...

i want to thank sarah for referring to my "shuddering" at the mention of NoMa. i'm going to be lazy here, but it would be neat if someone could link us towards (or do some research on) one of the historical names of this area: swampoodle! kind of a goofy sounding name, but i'm sure there's a fantastic story behind it. i'm just too lazy to look right now.

Nick on Jan 27, 2007, 9:11:00 PM said...

Swampoodle's (where NoMa is now) claim to fame - besides the name itself - is that it was the location where the late 1800s version of the Nats baseball team used to play. The name supposedly is from the Irish settlers in the area who thought they were living in a swamp along the old Tiber Creek (I miss the old Tiber Creek bar there!), but there's no definitive answer. And yes - I would prefer Swampoodle over Noma any day!

IMGoph on Jan 28, 2007, 8:57:00 AM said...

where was the tiber creek bar? i've seen old maps of the city that show tiber creek (i'm assuming that it all flows in a big pipe underneath us now). i'm just fascinated with stories about the past (recent and distant) of the city!

Anonymous said...

The Tiber Creek is where Bistro Bis is at the Hotel George. They used to serve yards of beer.

Chris

Nick on Jan 28, 2007, 2:42:00 PM said...

Tiber Creek used to run along (and north of) Constitution Ave, west of the Capitol (back when the Potomac came pretty far up) - it was a tributary of the Potomac. It was widened to make the Washington Canal in the 1800s, then covered over by what is now Constitution Ave. ... and yes, it is part of our wonderful story/sewer system.

Scenic Artisan on Jan 29, 2007, 2:00:00 PM said...

i believe that Tiber Creek is also responsible for the old sand filtration plant's location.

Sarah on Jan 31, 2007, 6:26:00 PM said...

According to yesterday’s Washington Business Journal, J-Street Development is going to buy Randall Hagner Ltd., a DC-based real estate firm. The combination of the two is supposed to combine J Street's development experience with Hagner's "property management, residential, commercial, and mortgage services."

Anonymous said...

Do they plan to have condo here? Don't they need to be selling now if the whole project is going to be complete in 2009?

Sarah on Feb 2, 2007, 4:28:00 PM said...
This comment has been removed by a blog administrator.
Sarah on Feb 2, 2007, 4:30:00 PM said...
This comment has been removed by a blog administrator.
Sarah on Feb 3, 2007, 6:13:00 PM said...

60 L Street, NE was just sold to Camden USA by Tishman Speyer Properties. Construction of two residential buildings will begin in mid 2008.

 

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