Housing Complex

EastBanc Branches Out with Huge Buys on U Street, Bladensburg

That, plus a chunk of U Street NW.

Jonathan O'Connell sure buried the lede in this little profile of developer Anthony Lanier (whose raffish demeanor has made him an attractive subject for many a D.C. scribe). His company, EastBanc, has bought or has secured the contract for two big parcels in rapidly developing corridors outside his Georgetown home base: 1250 U Street NW, the building on top of the U Street Metro that houses D.C. government offices, and 845 Bladensburg Road NE, forming one point of the starburst intersection on the eastern end of H Street. Lanier also hints that he's assembling land near the Rhode Island Avenue Metro station.

Those are some serious development opportunities. Likely for long down the road, given the nature of long-term leases and what EastBanc's got on its plate already. But the fact that the traditionally high-end developer is reaching out into these yuppie frontiers is a sign of just how fast they've matured.

Comments

  1. #1

    ATTN fellow Trinidad residents: I hereby raise the threat level to GENTRIFICON 3. Please prepare accordingly.

  2. #2

    I am pretty sure white people are still going to steer clear of Trinidad.

  3. #3

    @Mike- Being a white person who lived in Trinidad for a number of years and now lives east of Bladensburg I can tell that you have no idea what you are talking about.

    It will only be your loss and the loss of other like you, with their heads buried in the sand, as this area passes you right by in affordability.

  4. #4

    is gentrificon 3 when dudes start wearing Lululemon to the gym

  5. #5

    @Mike: as a white guy who's lived in Trinidad for 5 about years, you couldn't be more mistaken. I've seen an incredible amount of transition since moving here, especially in the past 2 years.

  6. #6

    I am pretty sure white people are still going to steer clear of Trinidad.

    Pretty good example why folks like Lanier make lots and lots of money, and people like "Mike" are left to carp anonymously on local real estate blogs.

    :)

  7. #7

    Well, I know of at least three white people who live in Trinidad...there are probably a few more. But it remains an overwhelmingly African-American hood. So I'm not sure Mike "could not be more wrong." More like, Mike just isn't aware of the handful of white people who have moved to the neighborhood in recent years.

  8. #8

    Positive News for the surrounding neighborhoods and businesses. I think Matt is spot on.

  9. #9

    @Dave

    If the number of white people who could live in any given neighborhood was limited to who you know personally, this city would be quite a bit smaller and gentrification comments on blogs would be few and far between. LOL @ you saying there are "probably a few more" white people outside of the ones you know who live in Trinidad. If I need a message passed on to all the white people in DC, I'll email you. Ha!

    ps: Mike "couldn't be more wrong" because he made a blanket generalization about every white person in the world avoiding Trinidad, an absurd statement on its face. He didn't say "most white people" or "a lot of white people", he just said "white people". This town is big on racial generalizations, so I can't blame him, but it's still a ridiculous statement. And a wrong one.

  10. #10

    I think the fun part would be to find out how much time ol' Mike has actually spent in Trinidad. I'd wager "none" is the leader, closely followed by "drove up Bladensburg once to get to the Arboretum."

    The best (and by that I mean stupidest) blog comments generally come from people who have no knowledge of the subject they're commenting on.

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