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From this Examiner story about today's various National Capital Planning Commission actions, news that not only did the commission (as expected) give approval to the conceptual designs for Canal Park, but that the park's development association is needing more money to complete the project: "But designs have already surpassed the $13.5 million grant the CPDA received from the D.C. Office of the Deputy Mayor for Planning and Economic Development. [CPDA executive director Chris] Van Arsdale estimates an $18 million total cost based on the design approved by NCPC, which includes a large playing field, a rain garden and a plaza that would accommodate in-ground water fountains in the summer and an ice rink in the winter. Van Arsdale said CPDA was trying to use new market tax credits through the Treasury Department to raise the millions still needed for the project."
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On Tuesday reader F. reported that the long-dormant Exxon at South Capitol and I was being demolished; and today neighboring blogger DG_Rad has Tweeted that the not-quite-as-long-dormant Exxon at 11th and M is being torn down today. There's been no big movements that I've heard for either of these lots, both of which were "sold" by the main ExxonMobil Corporation to its nonprofit ExxonMobil Foundation. Perhaps the city's recent blighted property tax doings spurred the demos?
For those of you who haven't been around for the long haul, let's revisit the tale of when the South Capitol Exxon went out of business:

[Here's the] link to a DOJ press release [now dead, alas] from January detailing that the Exxon's owner pleaded guilty "to fraudulently double-billing government contractors more than $120,000. [Mahmud] Rashid, 46, of Raleigh Lane, Stafford, Virginia, entered a plea of guilty yesterday in United States District Court to one count of wire fraud. According to the terms of the plea agreement, Rashid could be sentenced to between 12 to 18 months of incarceration when he is sentenced before the Honorable Richard J. Leon on June 2, 2006."

 

I'm racing out the door, so here's nothing more than a quick link to the National Capital Planning Commission's staff document on the new Canal Park concept design in advance of the commission's meeting on Thursday, in which a "favorable comment" is recommended. It also "[c]ommends the applicant on a revised concept that is both simple in its design, and high-performing in the range of amenities it will provide to the surrounding community. The revised concept incorporates simple park amenities such as an abundance of flexible open space, plentiful seating, and interactive water features to ensure that the park can be enjoyed by a variety of users."
It's a 14-page document with scads of renderings and details about the plans for the park, including the many low-impact design features. The NCPC does have some questions that it requests be addressed when the design comes back to the commission at the preliminary design stage, which you can see on page 2. It also says that the construction start date for the park is still expected to be March 2010, with a one-year timeline for completion.
How do all these new details on the design strike everyone? Post your thoughts in the comments.
(And check out the NCPC's overhauled web site!)
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There's nothing like the light you get from late afternoon through twilight on a clear crisp day in September, and I was lucky enough to be able to wander around for a few hours and take some photos. They're mostly of Diamond Teague Park, the ballpark, and various views along the Anacostia (including the arrival of the water taxi from Alexandria). Not much rhyme or reason to them, but they are photos I've been meaning to take for a long time, and maybe you might enjoy them, too. (I need a little more time to get them onto my Teague page.)
 

Some recently Tweeted tidbits, and a few other morsels:
* Cornercopia is now open on Sundays from 10 am to 6 pm, according to a Tweet from Albert today.
* It's the last homestand of the 2009 season at the ballpark, with a 7:05 pm start on Tuesday and a 4:35 pm on Wednesday. (Oh--it's the Mets.)
* There's going to be a big Halloween shindig at the Bullpen on Oct. 31 from 9 pm to 1 am; three bands, a DJ, and costumes required.
* Velocity Condos is having its "Grand Opening" event on Oct. 3 and 4. Settlements on units in the building were supposed to begin on Sept. 21, but I haven't heard whether they have indeed started.
* WAMU did a brief report this morning on the BID's work (via events like the recent picnic and walking tour) to drum up interest in the neighborhood, especially to show retailers that there's a customer base. "Some 2,100 people live in the redevelopment zone, but McManus says more 'urban pioneers' need to arrive before retailers can move in."
* A group of owners, merchants, and residents working on ideas to perk up the southern end of Eighth Street (south of the freeway) now have a blog. There are apparently going to be a series of public meetings as part of the "visioning process," on Oct. 20, Nov. 17, Dec. 15, and Jan. 19, at 8:30 am and 7 pm. Their aim is to "attempt to gain consensus on a vision for the area and to address issues of height, density, mix of uses, parking and access, as well as what should be the character of a redesigned Virginia Avenue Park as an amenity or community benefit for the Capitol Riverfront neighborhood and Capitol Hill. If consensus can be reached on the vision, it could serve as the basis for asking the Office of Planning to develop a small area neighborhood plan that could then be used as justification for any agreed upon zoning or density changes."
* The Examiner reported last week that CSX is proposing to expand the amount of freight it moves through DC, which would require the expansion of the Virginia Avenue tunnel, the New Jersey Avenue overpass, and other locations to allow for double-height rail cars. The plan is supported by the National Capital Regional Transportation Planning Board and by DDOT.
 

Yesterday the US Department of Housing and Urban Development announced the awarding of $500 million in stimulus-money grants to housing authorities around the country, with the DC Housing Authority receiving the $9.5 million it requested to help get the second phase of Capper townhomes at Capitol Quarter moving forward.
In my post on DCHA's application back in June, I explained it this way:

According to this "narrative and schedule" that DCHA included with its application to HUD, the money would finance both public infrastructure and private site improvements needed to begin the construction of the second phase of the Capitol Quarter mixed-income townhouse development (the blocks between Third and Fourth south of I), which will have 163 units, 47 of which are public housing rental units (along with 60 market-rate, 39 workforce-rate, and 17 public housing home ownership units). The narrative indicates that the $55 million Capper PILOT bonds approved by the city council last year that were to fund the new community center and infrastructure improvements not only in the Phase II blocks but also on the north and east sides of Canal Park and over to the DPW site never made it into the bond market; attempts to secure loans from both Fannie Mae and Wachovia also were fruitless.
There's a lot of detail in the narrative that I'm not going to try to summarize (I start to glaze over once I get to Low Income Housing Tax Credits [LIHTC] and anything having to do with "leveraging"):, but it does say that if awarded the HUD CFRC grant money, DCHA would immediately have its engineers complete permit drawings, which can then be put into the city's permitting process (estimated to last 90 days), after which infrastructure work can begin--the schedule at the end of the document estimates a start date of Dec. 1. This work would include repair or replacement underground water, sewer, and "dry utilities" lines, new streets, curbs, and gutters, additional lighting, and public landscaping.
The HUD funds would also be used to pay for the land preparation costs and foundation construction of the 47 public housing units, covering a $1 million gap that occurred in the planned Phase II funding thanks to problems in the LIHTC market.
From what I understand, DCHA is already talking to contractors, with hopes of being able to start delivering the first phase 2 townhomes by late next year; this would be in the blocks between Third and Fourth south of I.
There may also be some money coming for the other Capper-related improvements listed above that were to be paid for by the $55 million PILOT bonds, but not as part of this grant.
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From the Examiner: "The Fenty administration will spend more than $85 million to purchase a vacant warehouse in Southeast that the government has paid more than $15 million to rent while it has stood unused since mid-2007. Authorization to buy 225 Virginia Ave. was included in the fiscal 2010 Budget Support Act, which won the D.C. Council's unanimous approval Tuesday." And, who will be occupying it? "After the buyout, the building is to be turned over to Bethesda-based developer Stonebridge Carras, which will turn it into the headquarters for the D.C. Child and Family Services Agency, the Office of the Chief Technology Officer and the Commission on the Arts and Humanities." This ends the falderal that's existed around the building since the Williams administration sublet the building in December 2006 with the intention to turn it into the headquarters for the police department. You can browse all my posts about the building if you want to stroll down memory lane.
Also yesterday, the council gave approval to the land transfer from the Feds at Anacostia Park that clears the way for work to begin on the 11th Street Bridges reconstruction project.
 

On Sept. 10 a Notice of Foreclosure Sale was filed for the two now-vacant parcels of land on the southwest corner of Half and I streets where the Wendy's used to stand. (Note that this doesn't include the adjoining Exxon land.) The lots, totalling about 47,000 square feet, were bought in July of 2007 by JPI for $28.6 million, with the intent of building 23 I Street, the fourth of JPI's "Capitol Yards" residential buildings (along with 70/100 I and 909 New Jersey). JPI owes $25.1 million on the loan, which came due on Aug. 1 and which is held by Ruben Companies, owners of 1100 South Capitol Street and 1101 across the street. The foreclosure sale is scheduled for Oct. 13.
JPI East pretty much fell apart over the past two years, with its principals taking what was left and forming a new company in June with bigwigs at Akridge; stories at the time mentioned their continued stake in 70/100/909, but said nothing about 23 I.
Another, smaller commercial foreclosure is happening further east, where nine parcels owned by ICP Partners along Potomac Avenue between Eighth and Ninth (including the brown boarded-up apartment building at Ninth and its parking lot) received a notice of foreclosure on Sept. 4, with a debt of $2.3 million on the properties. ICP tried hard earlier this year to drum up interest in these lots plus the gray building at Eighth and Potomac that houses Quiznos (which is not part of this foreclosure), after a previous sale attempt in 2008 went nowhere. ICP paid $9 million for all 10 properties in 2006; this foreclosure sale is scheduled for Oct. 6. (The properties are also on the city's September Tax Sale list.)
Whether the properties will actually go on the block, or if deals will be struck or lawsuits filed in advance of the sale dates, remains to be seen, but foreclosures are about to be a big part of the commercial real estate landscape throughout the US. (Spend a few days reading Calculated Risk if you want some insights into the predicted onslaught.)
As for the neighborhood's other "distressed" properties, Opus East's 100 M and 1015 Half office buildings are part of the company's liquidation proceedings, with rumors flying but no news of new owners yet. And the empty lot in the 1000 block of Seventh Street (across from the Marines), where a developer had been planning an apartment building, was sold in late July for $400,000 after a foreclosure; it had been purchased along with the two townhouses alongside it for $1.25 million in 2004. One townhouse was subsequently sold, the other was foreclosed on as well, though so far no evidence of a sale has turned up.
 

In a blissfully short 26-minute hearing, the city's Zoning Commission approved tonight the series of amendment requests to allow the Trapeze School New York to set up shop on Parcel O at the Yards, on the southeast corner of Fourth and Tingey.
The commissioners seemed satisfied with the information they had in the Office of Planning report and the submissions from Forest City and the Trapeze School, and asked few questions (Chairman Hood was clearly trying to move things along). This is a temporary approval, allowing the Trapeze School to be at the Yards for five years, or longer if a Special Exception is later granted. The text amendments also waved the on-site parking requirement for the school, with new commissioner Konrad Schlater saying he was "comfortable" with it because parking "is definitely overbuilt" in the area around the ballpark. ANC 6D had voted 7-0 in support of the case as well. It's now expected that the National Capital Planning Commission will address the Trapeze School at its Oct. 1 meeting.
No date for the opening of the school in its new home was mentioned, though it was explained that Forest City was trying to expedite the process since the school is having to vacate its home at the old convention center site. There will still be building permits to be filed for and approved before the tent can be lifted.
Toward the end of the hearing, Ramsey Meiser of Forest City gave a bit of an update on the other projects in the first phase of the Yards. Here's the latest:
* They are continuing to work with the city's Housing Finance Agency to get the money together to (re)start on the Foundry Lofts, with a hoped-for completion date of late 2010 or early 2011.
* The Boilermaker Shop could open in 2011; this dovetails with what a commenter in this thread reported hearing over the weekend, although earlier today Forest City would not officially confirm for me any scheduled start date for the project, only that some retail tenants have been signed, but that Forest City can't name them publicly just yet. (Maybe in October.)
* The first retail in the Park at the Yards (in the old Lumber Shed building) could open in 2012; the park itself is expected to open next summer.
* "Parcel D", on the southeast corner of Fourth and M, is the site of the expected Harris Teeter (though Meiser didn't name them, saying only "a grocery store," since neither Forest City nor Harris Teeter have confirmed this rumor yet), and is now apparently going to be a residential building instead of office, which had been hinted at recently. It's expected delivery date is currently 2013.
* The Factory 202 lofts building at Fifth and M is not expected before 2014.
And all that's just the first phase! Meiser also said that Parcel N, the site of a surface parking lot on the southwest corner of Fourth and Tingey, would probably be the first project of Phase 2. But no date on that yet.
If you want to watch the hearing, visit DCOZ's On Demand Video page.
 

Considering what it portended for the forgotten little patch of land I had been blogging about for the previous 20 months, this post of mine late in the evening on Sept. 21, 2004 was pretty understated: "Baseball coming to Near Southeast? 'District officials disclosed plans yesterday to build a publicly financed stadium costing more than $400 million on the Anacostia waterfront near South Capitol Street, amid growing signs that Major League Baseball will attempt to move the Montreal Expos to Washington.' It doesn't mean that baseball in DC is a done deal, or that the Near Southeast site is a done deal, but it's a very interesting decision, and one that would have a huge impact on Near Southeast if it were to happen."
Yeah, kind of!
Late the next day, I went out and took a set of photos throughout the 21 acres that would eventually become home to Nationals Park, knowing it was important to get a bunch of "before" photos should this stadium actually come to pass. This was in the days when my photo-taking was pretty much limited to firing my little point-and-shoot digital camera from behind the wheel while I drove around the neighborhood, having not quite yet worked up the bravery to get out on foot. (Eventually I documented all of the buildings that were demolished to make way for the ballpark, but this Sept. 22 excursion marks for me official start of what would become an all-consuming project for me over the next four years.)
It wasn't until the next week that it was all made official, that the Expos were coming to town and that the city would pursue building a new stadium in Near Southeast. And the reality of the ballpark didn't truly come to pass until that marathon city council session in February 2006 that first voted down then finally ratified the stadium lease agreement (signed by MLB the next month), followed two days later by the court ruling allowing the eminent domain seizure of the land for the ballpark to move forward. Demolitions began in May 2006, and the construction was completed on time for the official opener on March 30, 2008.
To look at not only the Sept. 22 ballpark-area photos but also a batch I took mainly around the Cappers footprint a few days earlier is to be reminded yet again of how much change has come to this area in the same amount of time that many people, say, pay off a new car. It's almost jarring to catch glimpses in these shots of the old South Capitol Street viaduct (demolished in July 2007) that in many ways was such a symbol of the old Near Southeast--how it walled the neighborhood off from Southwest, and how it helped perpetuate the area's overgrown industrial feeling, while allowing commuters to blow past it all without really having to look at it.
It's going to be a while before big-time development resumes in the area (just like everywhere else in the city/region/country), but that doesn't make the changes that have already happened to this formerly forgotten little spot a mile south of the U.S. Capitol any less striking to look at.
 

Even at my laziest, it's hard to not pull out my camera on a day like today and head to the Hood. But without a lot of projects going on, I had the chance to also wander by some locations I've not paid as much attention to as I should. Here's the highlights:
I stopped by 11th and 12th streets to get caught up on the RFK ramp demolition that's part of the 11th Street Bridges project. The ramps across M have been down for a while now, making M Street along this stretch seem slightly less claustrophobic. The remaining concrete pillars (like the one at left, and the stubs on the south side of M) make for some interesting sculptures.

Capitol Quarter continues to progress on its third block (between K, I, Fifth, and Fourth), with some houses now bricked and framing coming soon to the north side of the block, making St. Paul's church not look quite so lonely anymore. Plus, the first foundations are being poured on the fourth and final block of phase 1, along Virginia Avenue between Third and Fourth.
I even ventured down to the fences at the Park at the Yards to see what I could see, and on the west side of the footprint I could glimpse some of the work being done on the Canal Basin water feature at the foot of Third Street as well as some clearing of the area that will be the Great Lawn. Here's the latest photos, or check the Yards Park page to see some of them matched with the renderings of what the spots will look like.

This isn't the most earth-shattering shot of the day, but I did feel it necessary to finally get a shot of 900 M Street now that Domino's is open.

Last but not least, I wandered around Virginia Avenue Park, finally getting my set of "baseline" photos along Ninth Street (only six years later than I should have). I also took some photos of the park itself but I'm going to take a little more time and not do a rush-job on the park photos; the one above, of the community garden, will have to tide you over a little longer.
As always, on any of these pages, click on the icon to see a complete set of before-and-afters of the location you're viewing. (And boy, am I loving being able to post larger thumbnails of photos here in the blog entries, thanks to the redesign of the home page. But don't forget to click through to see the non-thumbnailed versions.)

 

If you're actually reading this post on the JDLand home page rather than in your feeds or via e-mail, you're probably noticing that the home page looks a little different this afternoon. After many months (years!) of trying to figure out how to make it not quite so much of an assault on the senses, I finally decided that it's time to move the big ole' development map off the home page.
It was important to have the map back when almost no one had a familiarity with this strange neighborhood known as Near Southeast, but now that the pace of change has slowed considerably, I think it's less necessary to be smacked with that graphic every time one visits the site. You can still reach the map and the tabs with the various projects broken out by type by clicking on the DC-with-an-arrow icon at right; and I've listed a few "Active Projects" to allow quick access to developments that are currently underway or of high interest.
Getting rid of the map also allowed me to make the blog part of the home page much wider, with bigger type, and I think everyone will agree it's now far easier to read. Plus, the Events Calendar is now "above the fold" (as we say in the newspaper biz). I was also able to enlarge the random before-and-after photos that appear at the top of the page, too, which I think is a nice change.
I know some people will be unhappy about the relegation of the map to inside-the-site status, but I do think that, for the next little while, this is a better way to go. As I'm nearing the end of my seventh year running this site, I've got to do *something* to make it fresh to my eyes every so often!
(And you guys even get a bigger box to type your comments in. Everyone's a winner.)
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A reminder that on Monday (Sept. 21) the Zoning Commission will be hearing a request from Forest City for a text amendment to the Southeast Federal Center Overlay that would "authorize a Trapeze School and Aerial Performing Arts Center in the SEFC/R-5-E Zone District at the Yards." This is the Trapeze School New York, which left Baltimore's Inner Harbor earlier this year and is currently flying through the air on the old DC Convention Center site at Ninth and H, NW. The school would take up residence on the lot on the southeast corner of Fourth and Tingey ("Parcel O"), which someday will be a residential building but is not expected to be developed anytime soon. It's also just north of the site of the Park at the Yards, which is scheduled to open next year.
Here's the report prepared by the Office of Planning in advance of Monday's hearing, in which they recommend approval of the four text amendments being sought. They're asking for the trapeze school to be allowed for five years (or longer, via a special expection), and to dispense with the off-street parking requirement, since there's already so much surface parking at the Yards. There's also some technical needs to actually create tax parcel lots on the site to allow for the issuance of building permits.
The hearing is at 6:30 pm at 441 4th St., NW (Suite 220 South), or you can watch the live feed or wait for the video on demand (it gives me a smile just to type that--I've waited for video on demand for zoning hearings for so long!)
 

Here's a bunch of small items that I've Tweeted over the past few days; I'm succumbing to abject laziness and only barely bothering to rewrite them (who needs all those extra words, anyway?):
* RT @TWTSports: #Nats will open the 2010 season at Nationals Park against the Phillies on April 5. [schedule link]
* RT @LPags03: #Nats host BOS for exhibition game on 4/3.
* The new Canal Park design is on the preliminary agenda for the Oct. 1 NCPC meeting. Hope it makes the final agenda: link
* Study of commuter ferry service to waterfront from Woodbridge pegs a $30M price tag just for needed improvements: link
* From @octolabs: DC Citywide Data Warehouse won coolest gov innovation award for DC Data Catalog/Data Feeds: link [and thanks for the shout-out!]
* RT @Cornercopia: Owner of blue civic with Maryland plates parked in front should probably move their car. 2 tickets already since Mon.
 

I think I mentioned this a few days back, but here it is again: On Saturday (Sept. 19) from 10 am to 2 pm, the BID is hosting a Canal Park Picnic and Home Tour: "Enjoy live music, food, drink, and lawn games at Canal Park! Tour selected rowhouses, condos, apartments and townhouses of residents in the new Capitol Riverfront neighborhood. See what it's like to live in the Front!" It's free and open to the public. Food will be provided by Cornercopia, "Smokin' Somethin'" (BBQ) and Sweetgreen (frozen yogurt). The two 45-minute neighborhood walking tours start at 10:30 am and 12:30 pm.
This also seems to be somewhat in place of a Capitol Riverfront WalkingTown DC tour, since there isn't one on WalkingTown's fall lineup this weekend. My bad--I didn't see the "FRONT" tour on the WalkingTownDC lineup.
 

After seeing the raze permit approval earlier this week for 156 L Street, the former Star Market (aka the "Little Red Building"), I contacted the building's owner for an update on his plans. Mr. Park (whose father used to own Bernstein's Liquors at Half and M SW) says that his plans are now to build just a liquor store; previous plans to include a second-floor deli have been set aside. He's hoping to get a building permit for a new structure within the next month or so, and expects construction to take about five months. So possibly the store could open next spring, though hopefully readers are becoming suitably cautious when hearing development timelines.
I know neighbors at CHT and the Marriott have been working on agreements with the store, but I haven't heard where they stand; anyone in the know please give everyone the scoop, in the comments. And keep an eye out for demolition of the old building, which should take about 10 minutes once it starts.
 

This morning there's another look by the Post at Near Southeast this time focusing on the people who have moved to the neighborhood despite the lack of amenities. No real surprises in the piece, other than its aura of a slight sense of bewilderment that people would want to live in an area without it being "finished": "That's left the 2,100 newcomers in freshly painted townhouses and high-concept buildings, with such names as Velocity and Axiom at Capitol Yards, to fend for themselves in what looks like an abandoned construction zone. [...] To outsiders, it seems crazy to pick up and move to a place where the only sit-down restaurants are Five Guys and Subway, the nearest grocery aisle is the refrigerated case at the CVS and happy-hour crowds shoehorn into the lobby bar of a Courtyard Marriott." But: "Yet for everything the Capitol Riverfront is not, it is this: jagged and textured, where so much of Washington is buttoned-down. A relative bargain in a city of pricey real estate. A convivial community happily captured inside its utopia, while more established neighborhoods can be anonymous, stuffy even."
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There's a move afoot to create a dog park in a portion of Virginia Avenue Park, the little-known greenspace nestled between Ninth and 11th streets, SE, just south (and under!) the SE Freeway. (I'm as guilty as anyone for not swinging by there more often--I only have a few paltry photos posted, and hardly any recent ones.) "Capitol Canines" is proposing to use space on the 11th Street side of the park, and at Tuesday's ANC6B meeting, the commissioners voted unanimously to support the proposal.
This idea is still very much in its early stages, and the group will be needing to raise money to get the improvements built. (Virginia Avenue Park itself is run and maintained by the city's Department of Parks and Recreation, although property records say the land is owned by the feds.) Here's an early rendering of the vision for the park, with the dog park at right; at left is a new playground that a private developer/individual is interested in creating, and the existing community garden is at the bottom, along L Street. The three groups will need to coordinate together as the project moves forward.
If you're interested in being part of the project or in getting more information, you can join the Google Group they've set up; the petition they're circulating for support is also available online.
 

Pulling together smallish items from hither and yon:
* Last night saw the first arrival of a commercial water taxi at Diamond Teague Pier; WTOP covered the trip, which is a good thing, since I neither rode the boat nor stood on the dock to watch it sail in. I suck.
* A stroll through the city's building permits feed (which alas isn't as easy or useful as it used to be, since they pile every single permit into the feed over and over, rather than just posting new/updated ones) uncovered that back in August, a raze permit was issued for 156 L Street, home of the old Star Market and better known as the "Little Red Building"; the owner has spoken of plans to build a new two-story structure that would be a combination liquor store and deli. I haven't heard of any timeframe for the demolition, new construction, or store opening.
* From And Now, Anacostia, a heads up that today's Kojo Nnamdi show will include a segment called "Paris on the Anacostia: A Provocative Idea for DC's Waterfront," which will discuss the idea of *narrowing* the Anacostia River, "with the goal of bringing in new businesses, training new workers, and completely changing the relationship between folks East and West of the River." It'll be available online here.
* Tomorrow night (Thursday) is the second Outdoor Space Movie at Canal Park; this time it's Star Wars. The Force will be with you, starting at 7:30 pm.
* And Thursday night is also the deadline for pre-registration for ULI Washington's Urban Marketplace conference and expo on Sept. 15. Among lots of other sessions about urban development, it includes a panel discussion about the ballpark neighborhood, with Michael Darby of Monument Realty, Matthew Klein of Akridge, Michael Stevens of the BID, Harriet Tregoning of the Office of Planning, and me. It'll be a barn-burner!
* Saturday night is the second annual Opera in the Outfield at Nationals Park; the Washington Times previews it here. It's the Barber of Seville; but don't be alarmed when the first lines aren't "Welcome to my shop/let me cut your mop, let me shave your crop/Daintily, Daintily!"
* Forest City announced its second-quarter earnings, for those who know how to decipher these things. It does mention the Park at the Yards, still listing the completion date of the first phase as summer 2010. And their outlook? "While some see signs of a potential end of the recession, we are taking a conservative course based on what we can observe and are experiencing directly: continued weak fundamentals and little improvement in overall near-term conditions. As a result, we remain very cautious going forward. We expect the second half of the year to be challenging for our Company and for the entire industry, and we do not anticipate meaningful improvement in market conditions in the near or mid-term."
* I don't think I've officially linked to Cornercopia's Twitter feed, if you haven't seen it yet. (And there's my Twitter feed, too, of course.)
 

Tonight WBJ is reporting that Harris Teeter--which has long been rumored to be the grocery store planned for the southeast corner of Fourth and M at the Yards--has signed a letter of intent, though Teeter isn't confirming.
But don't start making your shopping list just yet--even before the Economic Difficulties, Forest City wasn't expecting to open a building on that parcel before 2011, and that date now looks tough to meet. But there are hints in the article that maybe Forest City is rethinking the plan to have an office building topping the grocery store: "We are currently evaluating the overall development program on that parcel, which may result in a revised mixed-use concept," is the quote from Forest City's Ramsey Meiser.
 
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