Posts Tagged ‘four points development’

Low Appraisals: A Big Problem For Anacostia

Last week, GGW reported that developer William C. Smith would have to convert a chunk of the market rate units at the new Sheridan Station housing complex near the Anacostia metro into rentals, because the condos were appraised too low for buyers to secure mortgages that would cover the construction cost.
This week, Four Points Development [...]

Anacostia Business Improvement District Almost Off the Ground

It's been in the works for years, and now the Anacostia Business Improvement District—a formal structure that will levy taxes on property owners to make the neighborhood more attractive—is just waiting on its final approval from the city to get started.
The effort got rolling in earnest in 2008, when Councilmember Marion Barry introduced legislation that [...]

Old Anacostia Warehouse to Get Glassy Makeover

A few weeks after Four Points development announced liftoff on a residential project on W Street SE, developer Stan Voudrie is planning another contribution to the neighborhood: A wholesale renovation of a forbidding warehouse on Shannon Place into a 75,000 square foot office building that will add momentum to the slow-moving downtown Anacostia business district.
The [...]