Wednesday, March 14, 2012

Morning Real Estate Review


11th Street Bridge in southeast DC to be reborn as pedestrian haven? (DCist) The old bridge gets a proposal to be reused as an open-air connector between Capitol Hill and Anacostia.

Developers and schools line up for Stevens Elementary (Washington Post) The old school, which the city is seeking proposals on, has received 6 developer proposals and 6 school proposals.

Wisconsin Ave Giant closing April 12th to make way for Cathedral Commons (Washington Post) The development, which has kept journalists busy for years, is finally underway as the supermarket joins the other retailers that have all shuttered over the past year.

Trump discusses Old Post Office (Fox) Trump discusses why he was chosen over higher bids in his attempt to "restore the building to its original grandeur".

DC area leasing kicks it up a notch (Globe St.) While the DC office market may be one of the best in the country, as evidenced by recent leases that have been signed, vacancy rates remain stubbornly around 12%.

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