Posts Tagged ‘Washington Business Journal’

Home Sales Way Up in D.C. in November

The Washington Business Journal is reporting that counties and jurisdictions across the D.C. region posted strong sales numbers in November, the last possible time that buyers could utilize the old first-time homebuyer credit.
In Arlington County, the November median sales price jumped to $466,500 from $445,000 in the same period last year. In Fairfax County, the [...]

Atlantic Towers, a Gentrification Failure By U Street

The paper trail for the Atlantic Towers doesn't stretch too far*  But according to the Washington Business Journal the project was slated to include 750 units plus retail, right next door to the 9:30 Club—another extension of the U Street area's glorious frontier.
This morning's WBJ does not report good news for the next pioneers though: [...]

Streetcars Coming to Alexandria Too?

Coming to a D.C. street near you: Washington's streetcars are on their way from the Czech Republic.
Everyone's jumping on the bandwagon now. D.C.'s getting streetcar lines, as are Arlington and Fairfax, and now a group of Alexandria residents is hoping the idea will catch on there too.
Last night, an Alexandrian group promoting smart growth launched a [...]

Two Proposals Offered for West End Library Site

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The Washington Business Journal is reporting that two bidders have offered proposals to redevelop the West End library and a nearby fire station. One is EastBanc Inc., which set its sights on this piece of land a while ago.
As I wrote back in July, the development of the West End library is a [...]

Capitol Riverfront Gets New Restaurant, Several New City Agencies

The view from Capitol Riverfront's 55 M Street, which just signed its first tenant.
The Capitol Riverfront hastened its slow trickle of tenants and businesses during the last few weeks. On Friday, Mayor Adrian Fenty announced that the city would be taking over a building, located at 225 Virginia Ave. SE on the northern border [...]

Stevens Elementary—Officially the Most Contentious Development Deal of the Year?

Yeah—I think so!
That little downtown building up there is causing a lot of trouble.
Here is a brief history:

When the legendary Stevens Elementary School closed down, nine companies from around the country bid to take over its West End campus. (That was the greatest number of offers generated from any other school redevelopment opportunity in recent [...]

And One More Note About Art Place@Ft. Totten

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Ft. Totten's new look (above) and its current state below.
And since we're discussing the Art Place @ Ft. Totten, let me provide a few numbers, for comparison's sake, on its enormity.
The Art Place@Ft. Totten—located next to the Fort Totten Metro Station—will include a children's museum, a grocery store, tons of retail space [...]

The Latest on Streetcars…

Wires galore power San Francisco's streetcars–the overhead lines currently aren't allowed in D.C.
A few tracks have already been laid down on H Street. And Ward 6 Councilmember Tommy Wells says the first streetcar installed in the District will run there rather than in Anacostia, as previously thought.
Still: don't plan on hopping on a streetcar to the [...]

Can You Just Throw an Artist at Every Problem?

Washington D.C. is beating New York City in at least one thing: Keeping our office buildings bustling.
In the past year, New York office rents have dived more than 18 percent, according to the Wall Street Journal, and vacancies are at 11.4 percent.
Figures like these prompted New York Magazine to recently envision reusing vacant city offices [...]

Barry Pissed About the Departure of DC Housing Authority Director

Councilmember Marion Barry is angered by the departure of former D.C. Housing Authority head Michael Kelly. He's got no problem with Kelly. Instead, he's blaming a favorite target: The mayor.
The Washington Business Journal is reporting that Barry believes the board of the D.C. Housing Authority should have pushed harder to keep Kelly in his job [...]