* 909 HALF GETS A PERMIT: Late last week 909 Half Street got its shoring permit as well. This is a 380-unit residential building by Ruben Companies and the Related Companies, and at least one resident is sure that activity is already underway at the site on the southwest corner of Half and I, in the wake of construction trailers having arrived within the past few weeks.

This is the first time in my 12 years of JDLand-ing that a project has gotten this far along without making available a least a token rendering of what's coming, so I figured I'd just fill in the blank. Feel free to create your own.

* BALLPARK SQUARE TEA LEAVES: The parking attendant kiosks have disappeared, the gates have been locked, and cars have stopped parking on the former Nats Lot F along the west side of 1st Street south of M. The residential and hotel project known as Ballpark Square has had excavation permits in hand for the southern part of this lot since November--keep an eye out for the arrival of heavy equipment.

(Note that the north end of the block is going to be the 99 M office building--sort of part of Ballpark Square, sort of not. It doesn't have its excavation permits approved yet, though they are in process.)

* FOUR READY TO GO: If you are keeping track, there are now these approved excavation permits for 82 I, 909 Half, Ballpark Square, and the Homewood Suites at 50 M. That's a lot of new digging to kick off 2015--it's also another 940 residential units and 365 hotel rooms about to drop into the pipeline. Already under construction? Residential projects Park Chelsea, 800 New Jersey, Lofts at CQ, Arris, 1111 New Jersey, and Riverfront, plus the Community Center and a Hampton Inn, too.

* MONUMENT VALLEY TEA LEAVES: At Monday night's ANC meeting, a representative from Jair Lynch's development company was there to discuss the revamped plans for the Half Street Hole, aka Monument Valley, which Lynch and partners bought last year. According to reports from the meeting (I wasn't there), the plans are shifting to include 130 condos alongside the rental units, and to scale it all down because it was "too large." SWill was kind enough to tweet a cellphone grab of the design shown to the commission for the northeast corner of Half and N. This will need to go through a Capitol Gateway Overlay zoning review before moving forward, so there will be more opportunities to see renderings and get additional information. Lynch's rep told me after the meeting that the project is expected to be back in front of the ANC "in the very near future."

* THE DEVIL LIVES AT PARK CHELSEA: Curbed DC took a look at the pile of new renderings on the Park Chelsea web site (with a clock counting down to the start of leasing on July 1) and noticed a very familiar someone in a few of them. Clearly this is the week for having a bit of fun with drawings.

With the working name of "20 K," this building would be on the eastern portion of Square 697N, which Reuben picked up via foreclosure when JPI gave up on its plans for "23 I" on the site. There would be retail along the entire Half Street frontage, and Ruben is apparently looking around for any "organic markets" that might be interested. (Cue stampede of "OMG! OMG! OMG!" in the comments, but don't get ahead of yourselves, since there's no indication that That Particular Organic Market is displaying any interest in the site.)

Ruben owns the rest of the block as well, and envisions an eventual Phase II project along South Capitol Street (where the Exxon used to be) that could be residential, commercial, or a hotel, depending on what the market will bear.

No timeline at this point, so don't start packing up your things for a move just yet.

The up-tick in the development of mutlifamily residential properties in Near Southeast after a three-year lull during the Economic Difficulties is obvious: Forest City's 220-unit 1212 4th Street is just underway at the Yards, William C. Smith's 430-unit Park Chelsea is on the boards to get started later this year, Akridge is "hoping" to move forward in 2012 with the 280-unit residential part of its Half Street project, and Florida Rock's developers have replaced a planned office building with a 300-unit residential offering for the project's first phase, which could get underway in 2013. (And it's worth noting, as mentioned in the comments, that every one of these is planned to be a rental building, not condos.)

And I wouldn't be surprised if there were more to come.

The purchase of the 35,000-square-foot lot at South Capitol and I gives Ruben control of the entire block known as Square 697N; the company picked up the other 47,000 sq ft of the block back in 2009 after developer JPI defaulted on its loan for what was then the site of a Wendy's restaurant.

The other lot Ruben bought from Exxon, just south of the Capitol Skyline Hotel at South Capitol and K streets SW, is about 31,000 square feet and also gives the company control of that entire block, known as Square 648, after Ruben bought the other two lots in 2005 and 2007.

This now makes four sizeable sites that Ruben owns on this three-block stretch of South Capitol Street, since the company also owns 1100 South Capitol St. SE and 1101 South Capitol St. SW across the street, both of which are being marketed as office buildings.

The South Capitol and I Exxon closed down back in 2006, when the station's operator pleaded guilty to fradulently double-billing government contractors more than $120,000.

I don't know any more specifics about the sales at this point, and it's unlikely any buildings will be immediately sprouting on either site. But it is yet another bit of commercial development news that would seem to indicate that the worst of the downswing is past.

Ruben Cos. also owns the 1100 South Capitol lot (plus 1101 South Capitol, across the street and outside of my boundaries), and had at one point been working to purchase the St. Matthew's Church land at New Jersey and L before opting out.

The company has no plans to build anything soon on the 23 I lot--but if anyone's interested in renting the land for some interim entertainment use (a la Akridge's deal with the Bullpen on Half Street and even the trapeze school at the Yards), Ruben says they'd be willing to listen. Maybe the neighborhood could get a putt-putt course or something!

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.