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Real estate near the World Bank in downtown Washington D.C. in the heart of the Foggy Bottom area offer a range of property selections and rental opportunities. Foggy Bottom, defined by Pennsylvania Avenue on the north and Constitution Avenue on the south, borders the Potomac.

Here, house hunters looking for real estate near the World Bank can find properties like a $215,000, 500-square-foot studio on 21st Street NW or a $229,000, 447-square-foot studio on I Street NW or a $255,000, 825-square-foot, 1BR apartment on Virginia Avenue NW, according to Rock Creek Realty listings.

The World Bank, located at 1818 H Street, provides loans to developing countries in an effort to reduce poverty worldwide.  Many of its roughly 6,000 D.C.-based employees find…

Southwest Waterfront development is taking shape as part of DC’s Anacostia Waterfront Initiative.  This new mixed-use development, called the Wharf, will span 27 acres of land and 24 acres of water from the northern landmark of the Maine Avenue Fish Market to the southern point of Fort McNair.  This swath of land has remained largely untouched since the infamous Urban Renewal 50 years ago. 

The Wharf aims to change the waterfront to include cafes, restaurants, homes, office space, hotels, retail, and public spaces.  Those public spaces will include waterfront parks, promenades, piers, and docks.

The first phase of development along the Southwest Waterfront includes 3 apartment buildings, a cultural venue, a condo building, a co-generation power…

Row homes with basement rentals, popularly referred to in D.C. as “English basements,” have been all the rage with renters here the past few years.

Row homes with basement rentals, common in older cities like the District, are prevalent in communities on the outskirts of downtown like Shaw and Dupont and attract many young professionals. Many owners of row homes with basements are renovating them to accommodate for the growing demand for the rentals. But the basement rentals in the row homes must by law include features like deadbolts, removable bars on the windows and smoke alarms.

Row homes with basement rentals often offer more affordable rental options, with monthly rents like $1,375 for a renovated, 550-square-foot basement rental in Logan…

Condo development near Nationals stadium in Southeast Washington D.C. is certainly going strong. Nationals Park, ranked the 14th most well attended MLB stadium in the U.S., draws more than 2 million visitors per year but baseball fans aren't the only ones flocking to the area -- homebuyers are joining them.

More homebuyers in recent years have been drawn to the condo development near Nationals stadium, an area south of the Capitol and adjacent to the Navy Yard and along the Anacostia River. Nationals stadium opened to the public just four years ago and since then developers, despite the recession at the time, have been hustling to make the community more livable with significant condo development. This area is known as Capitol Riverfront.

Condo…

The row homes near Eastern Market, which is known as the home to D.C.’s oldest public market, are in demand for their proximity to quaint restaurants and shops and the Eastern Market Metro station in the heart of Capitol Hill.

Many of the Victorian or Federal-style row homes near Eastern Market, many of which date back to the early 20th century, are undergoing renovation for modern homeowners. The row homes near Eastern Market are nestled in a “sub-community” roughly south East Capitol Street and north of Pennsylvania Avenue, and bordered by 3rd Street and 11th St. NW.

Many young couples and families are finding the row homes near Eastern Market offer the benefits of living in Washington D.C. without the stronger party scene of Dupont and Adams Morgan…

The Petworth Safeway at 3830 Georgia Avenue, NW closed in September for major renovations.  The previous building, one block from the Georgia Avenue-Petworth Metro station, was known as the “Stinky Safeway,” but hopefully the new mixed-use Petworth Safeway development will have a more complimentary nickname.

Years ago, the Petworth neighborhood was promised a replacement for their aging Safeway, but nothing materialized until now.  Some residents are not particularly fond of the design of the new Petworth Safeway.  They wish that signature architectural elements of the old building, like the arched facade, had been incorporated.  But pretty much everyone agrees that the new building will certainly be better than the current 50-year-old one, and are very…

The Wonder Bread Factory in Shaw neighborhood, where row houses and condo conversions are dominating the market, is welcoming the first of its office tenants. The Wonder Bread Factory in Shaw, located at 641 S. St. NW, has leased 20,817 square feet to WorkSpaces LLC, which plans to move in when the project is complete in January 2013.

Douglas Development Corp., which is renovating the long-dormant Wonder Bread Factory in Shaw with loft-like industrial spaces, will eventually aim to lease 98,000 square feet of office space and about 24,000 square feet of retail. The Wonder Bread Factory in Shaw was originally home to Dorsch’s White Cross Bakery before it was purchased by Continental Bakery in 1936 for the production of Hostess and Wonder Bread products.

The DC Streetcar on H Street, a much-anticipated streetcar project on H Street and near Capital Hill, is on track revive a form of transportation popular more than 50 years ago in the District by late next year or early 2014.

The DC Streetcar on H Street will be the first phase of the DC Streetcar project, followed by segments in Anacostia and in other parts of the city after that. The main goal with the DC Streetcar on H Street is to link neighborhoods with an alternative mode of transportation that will attract more riders. The DC Streetcar on H Street will also hopefully reduce shorter inner-city auto trips and encourage more affordable housing along the DC Streetcar route on H Street.

The DC Streetcar project on H Street is an ambitious city-wide…

The CityCenterDC complex will be on the site of the former Washington Convention Center, which was torn down in 2004.  The 10-acre development near Chinatown is bordered by 11th Street NW to the west, H Street NW to the south, 9th Street NW to the east, and New Youk Avenue NW to the north.  The first phase of CityCenterDC will consist of six new buildings and a public plaza.  

CityCenterDC has been in the works since 2003, but plans were delayed after the financial collapse, and construction did not start until 2011. The first six buildings will house 515,000 square feet of office space, 458 apartments, 216 condominiums, 295,000 square feet of retail/restaurants, 1,570 underground parking spaces.  In a later phase, two more buildings will be added -- a…

The strongest housing market is a walkable urban neighborhoods, like those in the U Street neighborhood, according to a report by the Fiscal Times, a newly started online business publication tied to the Washington Post.

Neighborhood walkability in D.C. draws homebuyers who want a small town feel in a big city as neighborhood walkability makes a trip to the grocery store feel more intimate than a grocery store trip by car would feel in the suburbs.

While Washington D.C. does boast a strong mass transit system with the Metro and busses, it’s the neighborhood walkability that connects homeowners to their surrounding blocks, fostering a sense of community. Zillow, a residential real estate website, often scores neighborhood walkability in its listings.