Posts Tagged ‘Monument Realty’
Capitol Riverfront Gets New Restaurant, Several New City Agencies
The view from Capitol Riverfront’s 55 M Street, which just signed its first tenant.
The Capitol Riverfront hastened its slow trickle of tenants and businesses during the last few weeks. On Friday, Mayor Adrian Fenty announced that the city would be taking over a building, located at 225 Virginia Ave. SE on the northern border of the neighborhood. In two years, Child and Family Services Agency (CFSA), Office of Chief Technology Officer (OCTO), and District of Columbia Commission on the Arts and Humanities (DCCAH) will move into the newly renovated, 350,000-square-foot LEED Silver certified office building.
Yeah, city agencies! Just what a neighborhood needs to generate buzz and inch onto people’s radars! Thankfully, there have been other new signs of life: As I previously noted, Harris Teeter signed a letter of intent to open a new location in the Capitol Riverfront. More recently—as in last week—the Washington Business Journal reported that a new Italian pizza/salad/sandwich joint will move into the recently completed Velocity Capitol Riverfront condo building.
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A Peek into the Watergate Hotel (It Ain’t Pretty)
A sign, posted by the hotel’s entrance, from more optimistic days
After attending yesterday’s auction, I went down to the Watergate Hotel itself to check out the not-so-desirable goods.
For the record: There were interested parties at yesterday’s auction—just none that wanted to surpass the lender’s initial bid of $25 million.
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Watergate Hotel Auctioned for $25 Million
When the Watergate Hotel gets auctioned off, people show up. Nearly ten TV cameras, a whole bunch of real-estate types, and your favorite Housing Complex reporter packed into a Wisconsin Avenue office for the event.
Then we sat in the ultimate state of real-estate/legal boredom, as a functionary read aloud about 15 pages of technical stuff about the sale, the property, the minutiae. That took about 40 minutes.*
Artomatic Provides Panoramic View of Creeping Progress at Capitol Riverfront
The great thing about Artomatic is that it often introduces people to construction-heavy neighborhoods where there’s not much going on otherwise.
Last year, the event was held in NoMa. This year, it’s in the Capitol Riverfront, home to Nationals Park and…that Five Guys that President Barack Obama visited recently.
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