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DC is planning a 22-mile priority streetcar system throughout the city. Part of that project is a 9-mile north-south streetcar line from Takoma in Northwest to Buzzard Point in Southwest, which will cross the neighborhoods of the Southwest Waterfront, Downtown, Shaw, Columbia Heights, Petworth, and Takoma.

The District Department of Transportation (DDOT) will study the 9-mile line for the next 12 to 14 months to access construction challenges in each neighborhood, including crossing the National Mall. They will also consider how the streetcar system will integrate with the existing Metro bus routes that run parallel to the proposed streetcar line. In addition, the department will engage with the public on parking and traffic concerns.

When the study…

Georgetown is a historic DC neighborhood known for upscale row houses and boutique shopping. But this year, neighborhood planners have envisioned the Georgetown of the future.

Georgetown has seen an influx of 30,000 new residents in the past two years, many of whom are young professionals. Joe Sternlieb, Chief Executive Officer of the Georgetown Business Improvement District (BID), is interested in their needs. “We'll be doing some focus groups with just that demographic in September to respond to some of the ideas that have generated through our Georgetown 2028 project over the last few months because we really want to understand what do they want, what do they need, and how do they plan to get around now and in the future?”

Georgetown never had a…

Bike & Ride is a new facility that provides secure, covered bicycle parking at the Metro. The first Bike & Ride opened last year at the Metro station in College Park as a pilot program.

The Bike & Ride in College Park spans 2,400 square feet on the first level of the Metro parking garage. It features bright environmentally-friendly LED lighting, security cameras, an emergency callbox, and card-controlled access. There is even a bike repair stand nearby with tools and an air pump for cyclists who need to make a quick fix. 

Bike & Ride does not require a monthly or annual fee, but users must purchase a BikeLink™ access card for $20. Since the card arrives by mail, be sure to do this well in advance of your first planned trip to Bike & Ride. The first…

Redevelopment in Prince George’s County hopes to emulate the urban feel of neighborhoods like Silver Spring, Bethesda, and Arlington with upscale condo buildings, boutique shops, and hip restaurants with outdoor seating. According to Sonja Ewing, Planner Coordinator for the Maryland-National Capital Park and Planning Commission's Plan Prince George's 2035, “Research is really telling us that the millennials as a generation group, and the boomers, are really looking for a different type of housing that's more multi-family housing, smaller, but still very high amenities, and they want to live in walkable, urban places, and that employers are following them to these places.” 

Ewing’s group recently came up with a new general plan update for redevelopment…

The Silver Line, a 23-mile extension of Metro past Dulles Airport, is one of the largest infrastructure projects in the country. This development will occur in two phases:  Phase 1 is nearly complete, and Phase 2 just was just formally approved to start work.

Phase 1 of the Silver Line branches off from the Orange Line between the East Falls Church and West Falls Church stations. This phase includes four new stations in the Tysons Corner area and one in Reston at Wiehle Avenue. This phase of construction is 94% complete.

Phase 2 of the Silver Line includes six stations across 11.4 miles. The stations will be in Fairfax and Loudon counties at Reston Town Center, Herndon, Innovation Center near Route 28, Washington Dulles International Airport, Route…

Here is the weekly list of properties that I think are worth buying in Washington DC.

816 13th St NE, Washington, DC 20002

List Price: $360,000

This is a short sale in the H Street area of Northeast DC.  The market is on fire in this area and its hard to find anything under $400K.  This property is overpriced but could make a great investment due to it being a 2 unit.  This home is on the corner of 13th St NE and Wylie St NE.  Just a half block off of H St NE.  H Street has been totally rejuvenated in the last year with lots of bars and restaurants setting up shop. This property was under contract but is now back on the market. 

1351 Taylor St NW, Washington, DC 20011

List Price: $499,000

New Rock Creek Realty listing.  Just listed by Nate…

Anchored by the Washington DC Convention Center, Mount Vernon is a neighborhood in transition.  As the area continues to evolve many existing row houses are being converted to condos while prices in existing projects continues to rise. The sprawling row house at 428 M Street NW is currently being converted to four luxury condos with development expected in "Fall of 2012."

In the past 12 months, prices in Mount Vernon have caught up with more expensive projects to the South in Chinatown. The Sonata Condos at 301 Massachusetts Ave NW serves as an informal gateway to Mount Vernon. Another development in the neighborhood that has seen a stready rise in values demand is the condos at Ten Ten Mass. A third project at City Vista Condos has also seen strong…

 240 VAN BUREN ST NW, WASHINGTON, DC 20012

This is the most affordable detached home in Northwest DC and its only 4 blocks from the Takoma Park Metro.  It is 3 bedrooms and 2 full bathrooms on 3 levels.  Makes sense to me! 

List Price is $353,100

4103 21ST ST NE, WASHINGTON, DC 20018

This is a single family detached home.  Short sale in the Michigan Park area of Northeast Washington DC.  Listing says that it is an approved short sale.  Shows well.  Very nice hardwoods.  Updated kitchen.  One downfall is that it does not have central AC.  See pictures. 

List Price is $310,000

2301 CHAMPLAIN ST NW #111, WASHINGTON, DC 20009

Great price for the location.  Condo building in Adams Morgan is only 8 years old.  1 Block away from all the stores on…

Washington DC Real Estate Market-Friday Hot Property Update

Here are the deals that I think are the best on the market right now.  Take a look.  If you want to see any of them please contact me.  Thanks for looking!  Ben

430 Buchanan St NW, Washington, DC 20011

Sales Price: $350,000

Renovated homes like this are selling for over $400K.  It is hard to find anything in Petworth under $400K right now.  Good buy. 

 

89 Underwood St NW, Washington, DC 20012

Price: $204,900

Foreclosed Bank of America home.  This is in Takoma Park.  Needs AC and some other work but this is a great price.  About 8 blocks from Takoma Park Metro(Red Line)

 

2901 16th St NW #103, Washington, DC 20009

Price: $249,000

This is an FDIC owned home.  Very…

The Petworth real estate market is booming and I expect that to continue in 2012. Petworth is one of the few areas in DC that still offers affordable homes. The Petworth neighborhood is metro accessible with easy access to downtown. Young professionals and families are moving to the area because of the convenience and affordable housing prices. I consider Petworth to be Columbia Heights Jr.  The rise in prices in Columbia Heightshas been caused by investor activity in the commercial and residential sectors.  Columbia Heights has seen massive improvements to its main commercial corridor along 14th St NW.  Now Petworth is starting to see a lot of changes to its main commercial corridor (Georgia Ave NW).  Petworth has seen the following shops and restaurants…