including DCMud), was happy just to have something printable during a lazy August. But the cash infusion into the neighborhood was good for other developers too; namely EYA, which rebroadcast the news in advance of its own groundbreaking around the corner. The area's current access, or lack thereof, to quality, independent eateries and retail is regrettable, and any chance of more commerce, whatever the time-frame, is good news. Now piggybacking on these housing-market huzzahs, EYA has given the area's residents and real estate news junkies more to cheer about, announcing that their expansive LEED-certified residential development will break ground on Tuesday. As proof of the regional renaissance, EYA also notes "the massive 40+ acre Dakota Crossing development and the Rhode Island Avenue Metro redevelopment".
Lessard Group-designed single-family townhomes to the former campus field. The townhouses are currently being offered from $470,000 to $590,000. According to EYA, only 206 of the total will be officially "luxury townhomes" while the remaining 31 will be marketed as "affordable dwelling units." Half will go to those unit-dwellers (a.k.a. humans) earning 50% Area Median Income (AMI) and half to those earning 80% AMI.
EYA began marketing their Chancellor's Row houses in May, before they had even finished constructing their sales center. Not to be misled by the subtle art of neighborhood cartography, neighborhood watchdogs have pointed out that the "Brookland Metro" development lies a few blocks west of the unofficial "official" dividing line (9th Street NE) of Brookland, in Edgewood.
Washington D.C. Real Estate Development News