Evening star. [volume] (Washington, D.C.) 1854-1972, 1953-03-12
District Lists 10
New Buildings
In Downtown
$18MiIIion Valuation
Offsets Fear of Decay
Of Business Area
By Francis P. Douglas

By Francis P. Douglas
Sixteen Office buildings with
assessed valuations totaling more
than $18 million have been
erected in downtown Washing
ton since World War II.
They provide an offset to fear
of decay in the business district.
Office buildings which have
been built outside-in some cases
just outside-the downtown area
bring the valuations total to
more than $40 million.
Even more buildings are going
up in the Office building program
which bids fair to be the chief
characteristic of WaShington's
postwar business district de-
velopment.
Five New Ones.
At least five are either under
construction or are planned.
Their total cost will run to more
than $40 million.
Since the end of the war, Of
flee building space has increased
by about 18 per cent. Builders
assign these reasons for the Of
flee building boom:
l. In part it makes up the
deficiency in construction during
the war and pre-war periods.
2. More space has been needed
to take care of the expansion of
commercial concerns and profess
Sional firms. They pressed
against the limitations of their
quarters in Office space formerly
available.
3. The establishment here of
new business and professional
Offices,
Boundary Defined.
The District assessors Office
considers the downtown area as
that bounded by Fifth and Nine
tenth streets, Pennsylvania ave-
nue. and N street NV.
The total assessed valuation in
that area in fiscal 1949 was
$326,272,659. This year it has
reached a total of $351,214,998.
Because of changes in bound
aries of the area comparable
figures before 1949 are not
available.
The Building Owners and
Managers Association has COM
piled a list of Office buildings
erected since 1945, giving in most
instances the address. owner,
rentable area or cubic space
above the first floor or the total
number of stores. To this has
been added the assessed valua-
ton figures supplied by Assessor
James L. Martin.
Buildings Listed.
The list:
800 Connecticut avenue NV,
Jerry Maiatico, 100000 square
feet. $1,683,71O.
1741 DeSales street NV, Graf
ton Associates, $4,000 square feet,
$59O,830.
1415 I street NV, Northwest
ern Federal Savings & Loan As
ISOLATION. 3 stories. $204,125.
1925 I street NV, Cafritz
Building, 175,OOO square feet ex-
elusive of parking space, $4,2O3.-
$50.
1922 K street NV, Montream
Corp. three stories, $162,856.
1882 K street NV, F. A.
Smith, agent five stories, $3.50, O2O.
TIL Fourteenth street, Shera-
ton Building, 10 stories, $780,
22O.
500 Eleventh street NV, Per-
petual Building Association, 49,
600 square feet, $1,17O,020. The
building is only partly finished,
which is reflected in the assess
ment figure.
TIT Fourteenth street, Wyatt
Building, 100000 square feet,
$2,O28,64
918 Sixteenth street NV,
World Center Building, l million
cubic feet, $1,097,15O.
1910 Eighteenth street NV,
Conner & Ryan, Inc, two stories,
$18,4 400.
1900 Eighteenth street NV,
Ring Building. IL stories, ST.
705, $50. W..
915 Nineteenth street NV,
Columbia Medical Building Corp. :,
10 stories, $846, 1876.
1000 Vermont avenue, Wire
Building, 66.30O square feet,
$977,730.
1901 Connecticut avenue, 49,
230 square feet, 81, 1897, 300. The
building is unfinished, which the
assessment renecCS.
1908 K street, American Le-
gion, $4,000 cubic feet, 1922, 225.
These Office buildings outside
the downtown area were listed:
1913 Third street NV, Frank
lin Building Occupied by the
GOVERNMENT eight stories, ST.
466.970.
Pill E street NV, Middle At
lantic States Motor Carriers,
four stories, $173,248.
BIT K street NV, M. P. Nc
Dermott. three stories, 500, 726.
1016 Twentieth street NV,
National Association of Master
Plumbers. two stories, $116,269.
1888 Twentieth street NV,
National Association of Gamers,
three stories, $384,611.
~4325 Forty-ninth street NV,
w. G. and A. N. Miller, three
stories. $173,860.
New Buildings.
Office buildings in the business