733 10th St NW Office Building Success
733 10th St NW, taken in March 2011
Globe St has a nice article detailing the success of Skanska’s speculation office building at 733 10th St NW. With rents as high at $818/sq ft, which analysts report as very respectable, Skanska had been able to bring occupancy to 91% before the building was completed. It does seems that 733 10th St NW will remain an outlier in the world of downtown office building development. There are still very few investors in this market that are interested in funding speculation development.
Festival Fun
This Saturday, there will be two opportunities to enjoy the Cherry Blossom Festival in our neighborhood.
Cherry Blossom Festival Parade
10am-12pm
Constitution Ave., between 7th and 17th Sts. NW
Japanese Street Festival
11am-6pm
12th St. and Pennsylvania Ave., NW
If you’re more in the mood for some indoor fun, then the DC FilmFest starts Friday with showings at these local theaters
Busboys and Poets (1025 5th St. & K St., NW)
Goethe-Institut Washington (812 7th St., NW)
Landmark’s E Street Cinema (555 11th St., NW)
National Gallery of Art East Building Auditorium (4th St. & Constitution Ave., NW)
Naval Heritage Center (701 Pennsylvania Ave, NW)
Regal Cinemas Gallery Place (701 7th St., NW)
Visit their web site for more information about films and tickets
Downtown Neighborhood Association Meeting Tonight
It’s the second Tuesday of the month and that means that tonight it is time for the monthly Downtown Neighborhood Association meeting at Calvary Baptist Church (755 8th St NW) from 6:30 pm to 8 pm. In addition to the crime and safety report by the MPD’s PSA 101 representatives, the agenda for the meeting is summarized from the DNA website in an abridged version as follows:
On the agenda is Eulois Cleckley from DDOT, to discuss a pilot project to close 10th Street NW, between E and F streets, to vehicular traffic. The purpose would be to create a pedestrian mall.
Also at the meeting will be Paul Millstein from Douglas Development. Mr. Millstein will discuss two projects. One is the building at 801 7th Steet NW (Ed. Note: NE corner of 7th and H St NW – Gallery Square), which you may recall formerly housed a CVS pharmacy. … Come to the meeting and learn who the anchor tenant will be and other plans for the site.
Mr. Millstein will also discuss a proposed project for a large office building (380,000 square feet) with retail space at 7th Street NW and New York Avenue.
DC Link Roundup: Heard In The ‘Hood *video*
Photo above: Video of Song 1 at the Hirshhorn Museum
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Here’s what we were reading recently about neighborhood news in DC. Have something to add? Leave it in the comments!
National Mall – Song 1 starts up at the Hirshhorn Museum and is projecting (see video above). It runs daily from sunset to midnight until May 13. This and the Bloomberg Balloon have us excited that the Washington modern art scene is breaking its normal boundaries. Way cool! [WaPo – Song 1] & [WCP – Bloomberg Balloon]
Downtown – The Downtown BID is proposing to hike its assessments for commercial properties to fund a “to do” list. [WaBizJo]
Downtown – TJ Maxx is hiring for their soon to be opened store at 13th and F St NW. [Prince of Petworth]
Mount Vernon Triangle – Douglas Development proposes a spec office building on New York Ave NW between 7th and 6th St NW. [The Triangle]
Chinatown – Duane Reade, the convenience/drug store found in abundance in New York City, may be interested in taking the space at 7th and H St NW in the now under redevelopment Gallery Square. [WCP – Comments section]
Penn Quarter – J. Crew is coming to 950 F St NW and the Atlantic Building. After walking by empty F St retail bays for years, we are happy this news arrived. [WaPo]
Shaw – Shaw Main Streets is hosting its annual gala on Wednesday, April 18 from 7 to 9:30 pm at the Long View Gallery on 9th St NW. [RenewShaw]
Penn Quarter – Weschler’s will be holding its 5th Penn Quarter on the Block charity auction/cocktail reception on Thursday April 19th between 6 and 8 pm at the auction house on E St NW. This year’s beneficiary is the Sasha Bruce Youthwork. We’ve attended this event in past years and enjoyed it. [Weschler’s website]
