Wednesday, September 07, 2011

Eyes on East of the Anacostia

Of late, eyes have been drawn and ears perked to new public and private sector development, business forays and enhancement efforts east of the Anacostia River.

Today, the Washington DC Economic Partnership (WDCEP) together with the District is leading a restaurant site tour, encouraging investment in three areas east of the river: the Minnesota Avenue orange-line Metro stop (site of new DOES headquarters), the intersection of Branch and Pennsylvania Avenue, SE (site of Penn Branch Shopping Center), and the Capitol Heights blue-line Metro stop (site of the Hope VI Capitol Gateway project).

"The District is working with WDCEP to highlight opportunities for restaurateurs and retailers in Ward 7 and Ward 8. The locations [on the tour today] are just a handful of opportunities that we’ll be focusing on as part of our overall efforts to expand restaurant and retail options in these two wards," said Jose Sousa, communications director for the Office of the Deputy Mayor for Planning & Economic Development.

In all, there is around 35,000 s.f. of retail space to be leased; the vast majority being at the Capitol Gateway Marketplace (27,000 s.f.) in the Deanwood neighborhood.

Washington D.C. real estate development news


Anonymous said...

The next few years will be an exciting time for Anacostia and the part of the District holds much potential but it is simply unbelievable, although not surprising, that the Ayn Rand-disciples in the House of Representatives would consider stopping construction of the Coast Guard headquarters halfway through, with the significant stranded costs and job losses (not that the Greedy Old Party is concerned about creating jobs) that this would cause.

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