Today the Anacostia Waterfront Corporation named two teams of development companies to "enter into exclusive negotiations" to develop mixed-use projects on two sites in the ballpark district. Forest City Washington (developers of Capper/Carrollsburg and the Southeast Federal Center) and Western Development Corporation (Herbert Miller's company, responsible for Potomac Mills and many other projects) lead one team, and Monument Realty LLC (which has purchased many parcels of land along N and Half Streets) and The Cordish Company LLC (developers deeply involved in the Baltimore Harbor) lead the other. What does this mean? Not as much as it sounds right now--the Forest City/Western team will be negotiating with AWC to develop the 6 acres of excess land at the WASA site on 1st Street, and Monument/Cordish will be negotiating for the 3 acres of WMATA parcels along Half Street. However, at this time AWC does not own either of these properties. The teams will be working together (coordinated by Forest City/Western) to create a Development Strategy for the entire ballpark district, which is due to the AWC in draft by March 15, 2006 and in final version by April 15, 2006. The teams have committed to provide payment to the AWC through a combination of up-front payment, annual base rent, and participation in development profits. UPDATE: Here is the mayor's office press release. UPDATE II: The Post's web site now has its story about the announcement. UPDATE III: And here is the AWC's press release. UPDATE IV: Here is the Baltimore Sun's Cordish-centric story.

The DC government is negotiating to purchase five acres of land in the area near the new baseball stadium, reports the Post, to help influence the development in the neighborhood by creating a "ballpark district" with restaurants, stores, and residential units. Two of the acres would come from the DC Water and Sewer Authority's land at 1st and O Streets, with another 3.2 acres to be acquired by taking control of the WMATA (Metro) bus depot and parking lot at Half and M Streets. Developers are already snapping up plenty of parcels in the area (specifically Monument Realty, which is assembling the acreage to build 750,000 sq ft of mixed-use offerings in the block north of the stadium), but by controlling some of the most desirable land (the Metro land on Half Street lies directly along the envisioned "promenade" entrance to the stadium), DC can do more to ensure that the stadium area sees the sort of development the city wants, and that the area is made into an attractive destination even on non-game days. And in other news, the article mentions that the Anacostia Waterfront Corporation is close to unveiling its master plan for the waterfront redevelopment. (It also reminds us again that DC will be tendering their offers to landowners in the stadium footprint "within the next several weeks.")

Metro is planning to make changes to the Navy Yard subway entrance at Half and M to better accommodate riders going to games at the new baseball stadium. Currently able to handle 5,000 riders an hour, the west entrance will be modified to serve 15,000 riders an hour; plans include extending the mezzanine to add one staircase and one escalator, increasing the number of Farecard gates and machines, adding a kiosk, and adding new elevators. According to The Post, Metro is also planning to expand bus service to the area.

Monument Realty continues to buy up property in the area surrounding the new baseball stadium land, according to Friday's Post. The DC Real Property Sales Database indicates that Monument nows own 1242-1260 Half Street, 50-68 N Street, and 1236 South Capitol Street, and The Post mentioned contracts for other parcels on the north side of the unit block of N. They have assembled half of the 8-acre parcel they covet for a huge office/residential/retail complex just north of the stadium. WMATA (Metro) owns 3 of the additional acres (at Half and M), and had asked developers for proposals for the land in early May, but withdrew the offer on request of the Office of Planning, who are working on the Master Plan for the area (now not expected to be delivered until the end of the summer, wah!). The article says that the John Akridge Cos. (developers of Gallery Place) is also pursuing deals in the area (but I think it's looking in Southwest, down by Buzzard's Point).

According to Monday's Post, WMATA apparently plans to vacate its property on Half Street between N and M Streets (just north of the baseball stadium site and across from the Half Street entrance to the Navy Yard subway station).  They had posted a request for offers, with a deadline of May 13, but they pulled the solicitation two days before the deadline, saying that the District requested that they wait until the master plan for the area is finished, in June. The Post tidbit mentions that Monument Realty had been planning to submit an offer to turn the property into an office, housing and retail complex. (Monument recently completed a $10 million deal that includes land on Half Street just across from the stadium site, and says it is negotiating at least six other deals on the same block.)

More posts: West Half St., Metro/WMATA, Nationals Park