Monday, May 21, 2012

Morning Real Estate Review

DC Mayor and Council Chair earmark millions for their districts (Washington Post)  Gray and Brown add millions to the budget for developers and affordable housing into their Ward 7 base.  Skyland and Penn Branch shopping center draw millions thanks to the city's top officials.

Housing stats improving in DC area (WTOP) Foreclosures are down 14% from last year as banks get better at processing foreclosures.

Touring development sites in Fairfax and Loudoun (Washington Post) Large scale projects abound throughout the region, including speculative and once dead developments that are being revived.  Town centers are in.

GW Museum gets zoning approval (GWU) The University's proposed museum was approved 4-0 by the Zoning Commission.  The 35,000 s.f. museum will be located at 21st and G.

Dupont underground to go temporary? (CityPaper)  The arts group that controls the space - for the moment - has had no success funding a major project, and thinks temporary art space may do the (cheap) trick.



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