Housing Complex

Fundrise Involved in Effort to Bring Politics & Prose to Georgetown

PP-2-2-282x300Earlier this month, Washingtonian reported that Politics & Prose, the current events-focused independent bookstore on Connecticut Avenue, is considering opening a second location in Georgetown. Now, an LLC filing hints at one of the parties involved in the potential deal: the crowd-funding real estate company Fundrise.

On Sept. 17, Fundrise co-founder Daniel Miller registered the Fundrise Politics & Prose Georgetown LLC with the city government. Miller and his brother and co-founder Ben Miller have not responded to a request for comment. Georgetown Business Improvement District CEO Joe Sternlieb, who's helping organize the effort to bring the bookstore to the neighborhood, declined to comment, saying only, "There’s nothing to add to what was in the Washingtonian at the moment."

But the name of the LLC leaves little to the imagination about Fundrise's intentions. Should the plan come to fruition, that could mean a project with small investments—and, theoretically, input—from members of the community who want to see a Politics & Prose branch in Georgetown.

Photo by Darrow Montgomery

  • Paul

    While I would prefer -- in the ideal world - to see the old Georgetown theater returned to life as a legit playhouse or movie theater, attracting a great bookstore like Politics & Prose is almost as good. Anything to clean up the former Washington diamond center and hopefully that inexplicably sleady block of Wisconsin Ave. I've long wondered if the all the shops that sell clothing that looks like some parody of the disco era are just money laundering fronts for illicit activity.

  • Capital City Records Panhandler

    @Paul

    It ain't no secret. Saying no names of who has been running it for years. Biggie put it out there two decades ago, "They heard about the pounds you got down in Georgetown..."

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