The buildings along Potomac Avenue between Eighth and Ninth streets--the white corner building that houses Quizno's (810 Potomac) and the boarded-up brown brick apartment building next door at Ninth and Potomac--are now up for sale (asking price not listed). The current owners, ICP Partners, purchased the properties in February 2006 for $9 million; they're currently assessed at around $6.5 million. These owners are part of the group that has been trying to develop 801 Virginia Avenue since 2005--and I imagine it's a sign of what might be happening with that project that the splashy AdmiralCondo.com web site that they launched back in August is now gone. Perhaps someone with better access to commercial property listings than I have might want to peek and see if the 801 Virginia lot (0929 0007) is up for sale as well?

Well, at least the "on-time" portion of the mantra still holds. From the Examiner: "The costs of acquiring land needed to build the Washington Nationals ballpark have exceeded original estimates by $50 million, busting the publicly financed stadium's $631 million budget with more increases yet to come, documents show. Thanks almost entirely to land acquisition, the tab for the stadium is now pegged at $674 million, an increase of $43.2 million over the original budget, according to a Jan. 16 report provided to the D.C. Council by the D.C. Sports and Entertainment Commission." Except that: "Land acquisition was not included in the stadium's $611 million price cap, meaning the sports commission can bridge the budget gap with excess revenues from the ballpark fund -- composed mainly of stadium sales taxes and a 1 percent tax on D.C. businesses. It also means that while the project is technically over budget, it has not breached the statutory cap."