Polls Show Williams Edging Past Fenty
by Lori Montgomery and Spencer S. Hsu As the candidates begin to line up for the 2006 race for DC mayor, incumbent Anthony A. Williams holds a narrow advantage over Council member Adrian M. Fenty in citywide polls of likely Democratic voters conducted for exploratory committees formed by Fenty and two other potential challengers.
All three polls show Williams (D) and Fenty (D-Ward 4) drawing the support of about a third of those surveyed, with Williams leading by a few percentage points in most hypothetical matchups, sources in the three camps said.
Other potential challengers -- including Council members Jack Evans (D-Ward 2) and Vincent B. Orange Sr. (D-Ward 5) -- trailed Williams and Fenty, the sources said. With the mayor's name included, only about 10 percent of those surveyed said they would vote for Evans if the election were held today, sources said. Orange, lobbyist Michael A. Brown, and former DC Democratic Party chairman A. Scott Bolden were even farther back.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/15/AR2005061500865.html
Bolden Sets His Sights On Mendelson's Seat by Lori Montgomery Former DC Democratic Party chairman A. Scott Bolden has decided not to run for District mayor and said yesterday that he is "90 percent certain" that he will challenge DC Council member Phil Mendelson for his at-large seat in 2006.
"I believe the best place for me to serve all of Washington right now is on the council," Bolden said in an interview at his K Street law offices. "We've listened to the voters and this is where they want me to serve. And I'm excited about it."
Since January, Bolden has waged a high-energy exploratory campaign for mayor, raising $200,000 and spending nights and weekends on an endless circuit of community events. His "listening tour" culminated this month when he commissioned pollster Ron Lester to conduct a citywide survey of 600 likely Democratic voters.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/15/AR2005061500074.html
More Hispanics Gain Foothold in Housing Market by D'Vera Cohn Two decades after coming here from El Salvador, Blanca Mejia de Vasquez badly wanted to own a house not too far from her Northwest Washington neighborhood, but the prices were too high for her income as a cosmetologist.
Her solution was first to team up with her mother, a restaurant worker, to qualify for a mortgage and then to agree, reluctantly, to broaden her home search into other areas of the city.
Today, she and her mother own a house with a backyard and three parking spaces in Northeast. They moved in, along with her three teenage sons, in March.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/12/AR2005061201250.html
Fairness of DC Speed Limits Debated by Eric M. Weiss District officials have ordered up a study of city speed limits after complaints by drivers that some are unfairly low, especially in places where the city has installed speed cameras.
"These are places where, if you go the speed limit, you become a road hazard," said council member Phil Mendelson (D-At Large), who introduced legislation mandating the study. The council's Public Works and the Environment Committee held a hearing on the issue yesterday.
Council member Carol Schwartz (R-At Large) ticked off a list of locations where she thought the speed limit was set unfairly low. The list included the 2400 block of Benning Road NE, which is eight lanes wide but has a speed limit of 30 mph, and M Street SE, which is six lanes wide with a 25-mph limit. She also noted a section of Martin Luther King Jr. Avenue SE where the speed limit changes from 25 to 35 to 20 mph in a two-block stretch.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/15/AR2005061502481.html
July Hearing Set for Voting Rights Bills by Spencer S. Hsu Hearings will be held next month before the House Government Reform Committee on four bills that take different approaches to granting congressional voting rights to District residents.
Behind the scenes, the District's demand for representation -- pushed by panel chairman Thomas M. Davis III (R-Va.) -- has created political tensions in Utah and among District and national Democrats, who traditionally have been strong advocates of voting rights.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/15/AR2005061500876.html
Norton Asks Leaders To Hold Off Carving Up Walter Reed Property
by Spencer S. Hsu District leaders face a "heavy burden" in overturning a Pentagon plan to relocate Walter Reed Army Medical Center but must fight that battle before considering other uses for the prime 113-acre site in Northwest Washington, Del. Eleanor Holmes Norton (D-DC) said yesterday.
The District would lose 6,000 jobs under the Pentagon's base closings proposal -- one of the country's hardest-hit cities. A nine-member Base Realignment and Closure Commission is reviewing the proposal, unveiled last month by Defense Secretary Donald H. Rumsfeld, before making recommendations Sept. 8 to President Bush.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/10/AR2005061001924.html
Stadium Financing Bid Fails to Gain Approval by David Nakamura The District's chief financial officer yesterday stood by a previous decision not to certify a private financing proposal for a new baseball stadium that was favored by DC Council Chairman Linda W. Cropp.
Natwar M. Gandhi said in a nine-page letter to Cropp that a proposal from a group of investors represented by Fred Cooke and Richard A. Gross did not meet the city's criteria for providing funding for the $535 million stadium project.
The group had proposed to provide several hundred million dollars and build the stadium, then lease it to the city. The investors would earn a profit by writing off the ballpark's depreciation on their federal taxes.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/09/AR2005060901885.html
K Street Office Brings in $242 Per SF
by Barbra Murray WASHINGTON, DC-A European client of Binswanger International has acquired the 65,300-sf office building at 1411 K St. NW for $15.8 million. The 14-story structure was developed in 1959, and has since undergone several renovations, the last one having taken place in 2004.
Dek Potts and Jim Meisel of Advantis Real Estate Services Co.'s Advantis/GVA advised seller 1411 K Street Holdings--a partnership involving New York-based Meritage Properties and Gaithersburg, MD's Buchanan Partners. The property secured $242 per-sf for the office. The partnership had acquired the site just two years ago for $10 million. Binswanger was self represented.
With an address in the city's central business district, 1411 K is just a few blocks from the White House. It was 1411 K Street Holdings' plan from the start to elevate the property's standing in the DC market. "Having completed the renovation program and successfully repositioned 1411 K Street in the market, and cognizant of the unique strength of the property sales market in Washington, DC, Meritage entered into a contract of sale to sell," Meritage officials note on the company's website. Today the property is 84% occupied, and according to Potts, the new Binswanger-affiliated owner intends to continue upgrading the property to appeal to businesses seeking small spaces along the lobbyist-laden K Street corridor.
http://www.globest.com/news/306_306/washington/135263-1.html
Government Parcel To Hit the Market for Lease
by Barbra Murray WASHINGTON, DC-The US Armed Forces Retirement Home is preparing to put 276 acres of its campus up for lease to private developers. The organization hopes to generate a consistent source of income through the ground leases on mixed-use projects and will begin accepting proposals for such developments later this fall.
Delta Associates sums up the current developable land situation in its Trendlines 2005 report on the Washington/Baltimore area by turning an eye toward land acquisitions. "Land sales in the District are averaging $109 per FAR sf, reflecting the demand for prime parcels Downtown--and the difficulty of assembling large tracts," the research firm concludes in the annual overview. "We expect builders will become more active in land acquisition in 2005, as speculative development becomes more popular."
Situated between the Soldiers' and Airmen's Home National Cemetery and Washington Hospital Center on the edge of Catholic University, the AFRH campus is a historic locale that was developed in 1851 as the Soldiers' Home. Today the property still has buildings from the early 20th Century. The portion of the site that will be available for development is a southeast segment that is bordered by Irving Street and N. Capitol Street.
http://www.globest.com/news/306_306/washington/135245-1.html
Neighbors Roll Dice on Connector by Katherine Shaver When house shopping last fall, Thomasina Borkman and her husband couldn't pass up the one with a kitchen that opens onto a front deck and a view of thick, peaceful woods.
But the property on Park Vista Court in northern Silver Spring also came with a problem: Those woods are in the path of a proposed route for a six-lane toll highway. If backers of the $3 billion intercounty connector plan have their way, highway traffic -- with all its sounds and smells -- could roar past the couple's house, barely 100 yards away, as soon as 2010.
Borkman said they went ahead with their $500,000 purchase because they don't believe that Maryland Gov. Robert L. Ehrlich Jr. (R) will reach his goal of breaking ground on the highway next year -- or anytime soon.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/11/AR2005061100670.html
Worries for Silver Spring's Soul by Cameron W. Barr Lene Tsegay beamed from behind her cash register at the crowd mingling in the Kefa Cafe. Multicolored balloons bobbed near the ceiling of the sunlit space on Bonifant Street, its walls painted a soothing pale yellow.
"Oh, it's good they came," she said to herself as a man walked in, a little girl on his hip. Saturday was customer-appreciation day at the cafe, which Tsegay owns with other family members, and she greeted many regulars by name. Her voice mixed gratitude with relief that so many people had shown up.
Kefa Cafe may be a symbol of the Silver Spring ethos -- quirky, welcoming and multicultural -- and a treasure to its patrons, but the disruption of redevelopment and brand-name competition such as Starbucks have hurt the bottom line over the past two years. "What we expected to make and what we did make wasn't close to each other," Tsegay said. "Still, we're here."
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/14/AR2005061401596.html
Weapons in the Bidding War by Sandra Fleishman When they bid for a house in Potomac in April, Nicole and Bryan Kustner did everything their real estate agents recommended.
They agreed to a contract clause that escalated their offer $140,000 above the $825,000 asking price. They threw in a big down payment and a large deposit. They wrote a "very nice letter" to separate themselves from the pack.
"We advise all our clients to do that," said agent Jason Volat.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/10/AR2005061001019.html
Riding the housing boom
Gazette Staff Writers "While I was in school I worked at a job where I found homes for this guy who was a speculator," said Callender, 48, a native of Guyana. "He and these other investors would buy these places, fix them up and then sell them, flip them. He paid me a fee, and then I got a percentage if I gave him a lead that led to a sale. At the time I thought, hey, this is a hustle, this isn't a career. But it was a good opportunity for me, because it led to what would be my career."
Callender studied for her real estate license and became an agent. She built a large clientele and reached the $18 million sales mark in 2003, when she was inducted into the Prince George's County Association of REALTORS® Hall of Fame.
The Business Gazette recently talked to Callender about how she built her business and the hot real estate market.
http://www.gazette.net/200524/business/features/280972-1.html
Don't Lose a Sale by a Nose by Stephanie Cavanaugh The group of real estate agents finished the tour of a house that was about to come on the market and fled, holding their noses.
"It smelled like urine," sniffed one of the agents, who spoke anonymously because she wants to remain in the business. "I don't know what... they were doing in there. Some of these houses I don't think they ever opened a door or window. It's a big petri dish."
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/10/AR2005061001063.html
Most Markets Haven't Hit Brakes
by Kenneth R. Harney If you like a lot of froth with your real estate, you will enjoy the federal government's latest numbers on home-price appreciation.
But if you have been expecting the boom to fizzle any day now, and you're convinced that double-digit appreciation rates just can't keep going, you need to push back your bubble-bust timeline.
That's the upshot of the latest quarterly data on 265 major real estate markets compiled by the Office of Federal Housing Enterprise Oversight, which tracks home pricing changes nationwide. From the first quarter of 2004 through the same period this year, the average home in the United States appreciated by a near-record 12.5 percent. Some local markets were as hot or hotter in the 12-month survey period than at any time in decades.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/10/AR2005061000998.html
Lt. Gov. Steele Considers Running for Senate
by John Wagner Maryland Lt. Gov. Michael S. Steele today launched an exploratory bid for next year's U.S. Senate race, sounding very much like a candidate already -- and one with unusually strong backing from the state and national Republican parties.
Steele, who as Gov. Robert L. Ehrlich Jr.'s running mate in 2002 became the first African-American elected statewide in Maryland, told reporters that he would spend the coming months talking to voters about "the opportunity to potentially fly solo" in 2006.
Steele left little doubt about his intentions during a half-hour conference call, though, at one point referring to himself as "the next senator from Maryland."
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/15/AR2005061501062.html
Democratic Senate field may get more crowded
Gazette Staff Writers With Lt. Gov. Michael S. Steele almost certainly running for Senate, the Republican field of candidates to succeed Paul S. Sarbanes is set. The Democratic field, on the other hand, continues to be in flux and in the news.
Former Rep. Kweisi Mfume and current Rep. Benjamin L. Cardin (D-Dist. 3) of Pikesville are in, and Rep. Christopher Van Hollen Jr. (Dist. 8) of Kensington is weighing his options. Cardin picked up some Howard County endorsements this week to add to the support he has received from Anne Arundel politicians and Rep. Steny H. Hoyer (Dist. 5) of Mechanicsville, a key Southern Maryland leader. Van Hollen is continuing to raise money, as is Mfume.
Anne Arundel County Executive Janet S. Owens, who is term-limited, is also weighing a Senate run and, according to a source, she has seen a poll that is encouraging her to run statewide.
http://www.gazette.net/200524/weekend/a_section/280988-1.html
Let's go surfing on the Web with Senator Speedo
Gazette Staff Writers It's the gift that keeps on giving to the Reporter's Notebook. Sen. John Giannetti's post-honeymoon news release about how his wife was trying to wear him out and how the locals preferred her bikini to his "black Speedo" has provided the title for a new parody Web site -- www.senatorspeedo.com.
The site, presented anonymously, features various Giannetti issues that make him a certain Democratic primary target next year. It repeats various notebook fodder from over the years, including his Redskinettes fund-raiser at Laurel Park and his illegal beer tailgates at Maryland Terrapin football games.
The site also whacks him for killing the assault weapons ban and proposing a bill that would have allowed one of his law clients, Sprint, to build cell phone towers disguised as giant flagpoles to bypass local zoning laws.
http://www.gazette.net/200524/weekend/a_section/280990-1.html
Dems rail at Ehrlich's power play
by Catherine Dolinski and Thomas Dennison Lawmakers assert need for more budget authority
Gov. Robert L. Ehrlich Jr.'s decision to ignore the legislature's direction on two budget issues has infuriated some Democratic lawmakers and rekindled interest in staking a claim to greater spending authority.
House Speaker Michael E. Busch and Senate President Thomas V. Mike Miller Jr. sent a three-page letter to Ehrlich (R) Thursday protesting his recent changes to the fiscal 2006 budget, saying it was in defiance of the will and actions of the General Assembly.
http://www.gazette.net/200524/weekend/a_section/280980-1.html
Politics of dirty power clouds race for governor
by Steven T. Dennis Three Maryland plants are among the nation's worst polluters
On the Maryland side of the Potomac River sit three of the nation's dirtiest power plants, and a new front in the 2006 race for governor.
The aging coal-fired plants owned by Mirant, an Atlanta-based energy conglomerate mired in bankruptcy court proceedings, spew tons of sulfur, nitrogen, and mercury into the air every year. Built decades ago, the plants are exempt from the stringent standards required for new coal plants, which can burn 90 percent cleaner.
http://www.gazette.net/200524/weekend/a_section/280981-1.html
Developer Unveils National Harbor Model
by Ovetta Wiggins Members of the County Council stepped out of their chamber this week to join developer Milton V. Peterson and County Executive Jack B. Johnson (D) for the unveiling of an 8-by-10-foot, fully lighted model of a section of National Harbor, the $2 billion waterfront development in Oxon Hill.
Beaming council member Tony Knotts (D-Temple Hills) called the development "his project," noting that the massive complex of hotels, offices, and shops will be in his district.
National Harbor has been described as the largest single commercial venture in state history. It will roll out in phases over 10 years. The first phase, which will include a convention center, resort hotel, and other hotels, offices, condos, and shops, is scheduled to open in March 2008.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/15/AR2005061501436.html
Prince George's Lays Out a Plan To Reduce Crime by Allison Klein Prince George's County Executive Jack B. Johnson and Police Chief Melvin C. High attempted to reassure residents yesterday that although violent crime is surging in the county, the police department has a plan to address it.
"The citizens need to know this isn't a hodgepodge," Johnson said. "We have a comprehensive plan."
At an afternoon news conference, the county's top elected official and the police chief detailed police initiatives and task forces that focus on specific areas, including the sometimes dangerous border corridor near the District. Johnson noted that many of the initiatives, including one to address a growing gang problem, have been in place for several months, and he said residents have to be patient to give the plan time to work.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/15/AR2005061502476.html
On Day After Primary, The Barbs Begin to Fly by Michael D. Shear and Chris L. Jenkins The two major party candidates for governor in Virginia waited just a few hours after the state's primary season ended Tuesday night and then launched the first blistering commentary of the general election campaigns.
Former attorney general Jerry W. Kilgore joined his newly chosen ticket mates and other top Republicans at rallies in Richmond and Northern Virginia.
"My opponent has more flip-flops than a Virginia beach souvenir shop," Kilgore said to the crowd of about 80 activists and interested Republicans outside a Dulles International Airport hangar.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/15/AR2005061502346.html
Alexandria to Tax Cell Phones as Other Revenue Drops
by Robert MacMillan Using a cell phone is Alexandria is about to become more expensive -- $3 a month more expensive.
The City Council approved a new tax on cell phones as part of the fiscal 2006 budget. It will help make up some of the money that the city will lose after the real estate tax rate was lowered in order to provide relief to homeowners. Residents will see the new charge on their cell phone bills starting in September.
The tax will bring in an estimated $1.7 million in fiscal 2006, city officials said, about one-third of 1 percent of the city's $468 million budget. Residents will pay $3 a month on cell phone bills of more than $30, while those on lower-cost plans will be charged 10 percent of their monthly bill.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/15/AR2005061500780.html
Warner Prepares to Take On National Role by Michael D. Shear RICHMOND, June 10 -- Virginia Gov. Mark R. Warner (D) is forming a federal political action committee and has hired a former top aide to then-Vice President Al Gore to advise him on national politics, the governor's top political aide in Virginia said.
The new PAC, which has not been named, will allow Warner to begin raising money for a possible run at the Democratic presidential nomination in 2008 while he finishes his term in Virginia. The PAC will be announced formally in July or August, said Mary A. "Mame" Reiley, director of Warner's One Virginia PAC.
Reiley said Warner, a multimillionaire who is limited to one term as governor, has hired Monica Dixon, Gore's former deputy chief of staff, to be the federal PAC's first part-time consultant. She said Dixon will help set up meetings between Warner and Democrats across the country as he makes the transition from governor to private citizen.
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/10/AR2005061000841.html
Beacon Capital Buys Nearly all of Westfield's 3M-SF Office Portfolio
by Barbra Murray ROSSLYN, VA-Beacon Capital Partners has officially acquired Westfield Realty's Northern Virginia area office portfolio--more precisely, most of the portfolio--in a transaction valued in the range of $960 million and encompassing an aggregate 2.8 million sf. Beacon now owns 10 buildings totaling 2.5 million sf here, and in Crystal City the Boston-based real estate company owns a minority interest equal to 300,000 sf in a two-building portfolio. All of the buildings are either fully leased or leased to near capacity.
In Rosslyn, Beacon bought seven buildings--1000, 1100, 1101, 1200, 1401, 1501 and 1515 Wilson Blvd., totaling approximately 1.9 million sf--a 190,000-sf structure at 1400 Key Blvd., a 270,000-sf tower at 1701 N. Fort Myer Dr., and a 100,000-sf structure at 1815 N. Fort Myer Dr. In Crystal City, the company purchased a 20% interest equaling 300,000 sf involving a two-building site at 2800 and 2900 Crystal Dr.
http://www.globest.com/news/307_307/washington/135294-1.html
Developer Readies $110M Hotel & Condo Project
by Barbra Murray ALEXANDRIA, VA-Plans for the highly anticipated hotel and condominium development designated for a parcel next to the new 2.5-million-sf US Patent and Trademark Office headquarters in the Carlyle section of Old Town Alexandria have taken a leap toward realization now that developer Regent Partners has said that construction is set to begin.
With the assistance of Marc Magazine, Lewis Miller, and Doug Henkel of CB Richard Ellis' Hotel Development Group, the Atlanta-based developer was able to finalize its partnerships with debt and equity providers, and hotel affiliates and management teams--Wells Fargo is the major lender but the flag under which the hotel will operate is being withheld due to confidentiality agreements--thereby allowing the yet unnamed endeavor to get under way. The rumored price tag for the project, which will be the first lodging facility to be built in the area in six years, is about $110 million.
Regent's development will consist of an upscale 315-room hotel topped by 85,000 sf of residential space that will encompass an estimated 80 to 100 luxury condominium units. Additionally, CBRE's Magazine tells GlobeSt.com, the property will also feature about 5,000 sf of ground-level retail space, all on a parcel along Jamieson Avenue that Regent acquired from Norfolk Southern last year. The project site is a prime one, with neighboring PTO's staff of 7,000 serving as a magnet for new activity and a new energy. "The area around the PTO is growing and continues to exhibit strong demand for residential and hotel rooms," Magazine says in a prepared statement. "Old Town is the association capital of the world and the relocation of the PTO has brought a flood of law firms and other businesses that serve the needs of the PTO."
http://www.globest.com/news/305_305/washington/135191-1.html
Eli Lilly Downsizes Manufacturing Plant
by Barbra Murray PRINCE WILLIAM COUNTY, VA-Three years after announcing its decision to build a new insulin manufacturing plant at the 1,600-acre Innovation@Prince William business park, Eli Lilly and Co. has revealed an alteration to the blueprint. The Indianapolis-headquartered pharmaceutical giant will reduce the size of the planned facility--which will produce the diabetes drugs Humulin and Humalog--from the originally stipulated 600,000 sf to 300,000 sf.
The development cost will go from a projected $425 million when the plan was announced in 2002 to $325 million. An Eli Lilly official announced the news in a recent meeting of the Prince William Board of County Supervisors.
Eli Lilly had considered building the manufacturing plant--its first outside of its home state of Indiana--in North Carolina or South Carolina before settling on the Commonwealth of Virginia, and more specifically, the partially county-owned Innovation technology and biotech corporate park. Bordered by Interstates 66, 495 and 95, the compound is close to the boundary separating Prince William County from the City of Manassas and surrounds the George Mason University Life Science Campus. Eli Lilly’s home will still occupy a 120-acre parcel in the park, allowing the company the option for future expansion.
http://www.globest.com/news/304_304/washington/135139-1.html
Flex Facility Price Tag Tops $3M
by Barbra Murray LORTON, VA-A flex building at 8815 Telegraph Rd. in the Pohick Industrial Park has changed hands in a nearly $3.3-million transaction. The 26,000-sf industrial facility is now the property of 8815 Properties LLC, which acquired the half-office/half-warehouse building from Marian Properties LLC.
Trimark Corp. represented the seller in the transaction, while Trust Properties stood in for the buyer, which will move its window manufacturing business, Vinyl Lite, into the building; Vinyl Lite's current factory and showroom are housed just minutes away at 7220 Lockport Pl.
http://www.globest.com/news/304_304/washington/135180-1.html
$49M Recapitalization Closes for Condo
by Barbra Murray (To read more on the multifamily market, click here.)
FALLS CHURCH, VA-The WestLee, a 128-unit condominium property that is currently in the works at the intersection of Lee Hwy. And Westmoreland St., has been recapitalized to the tune of $49 million for the purpose of completing its development. Located off I-66, the WestLee sits near the border between Arlington and Falls Church at a site near what is considered the gateway to the East Falls Church submarket.
Behind the transaction is LJ Melody & Co., which recapitalized the property's existing debt and equity for developer Silverwood Homes Inc. LJ Melody, the investment banking arm of real estate services firm CB Richard Ellis, had originally capitalized the project last year. The WestLee will offer more than 8,000 sf of high-end ground-level retail space, part of which has been designated for a bakery, a wine and cheese store, a coffee shop, a fitness center, a clubroom with bar, kitchen and library area, and a two-level parking facility.
http://www.globest.com/news/303_303/washington/135118-1.html
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Democrat Forgoes Mayoral Campaign
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