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1435 Newton Street NW courtesy Greysteel

From a press release:

“Greysteel, a nationally recognized commercial real estate investment services firm, has completed the sale of the NW DC Portfolio for an aggregate price of $48,120,000, representing more than 100% of the asking price. The four-property portfolio included the following sales: Read More

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photo by Emma K Alexandra

From the Mayor’s Office last night:

“Following the House passage of the D.C. Robert F. Kennedy Memorial Stadium Campus Revitalization Act (H.R. 4984), Mayor Muriel Bowser released the following statement:

“Tonight’s vote was a significant step forward in our efforts to unlock the full potential of the RFK Campus — for our residents and visitors, the community, and DC’s Comeback. H.R. 4984 received overwhelming, bipartisan support and we want to thank House Oversight Chair James Comer, Congresswoman Eleanor Holmes Norton and all of the co-sponsors for championing this legislation. We look forward to working with the Senate to swiftly advance this legislation.”

From the Office of Congresswoman Eleanor Holmes Norton: Read More

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photo by DCbmyers

From the office of Congresswoman Eleanor Holmes Norton:

“Congresswoman Eleanor Holmes Norton (D-DC) released her floor statement ahead of today’s scheduled debate and vote on her bipartisan bill with Chair James Comer (R-KY) to direct the federal government to transfer administrative jurisdiction over the RFK Stadium campus to D.C. for 99 years, allowing D.C. to use the land for stadium redevelopment, commercial and residential development, or other public purposes. Norton has worked on prior versions of the bill aimed at revitalizing RFK Stadium campus, which at 174 acres is the largest unused track of land in the District, since 2017. This is the first time any version of the legislation has been considered on the House floor. Read More

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From the DC Office of Planning:

“Mayor Muriel Bowser and the DC Office of Planning (OP) released the Wisconsin Avenue Development Framework to advance the District’s housing goals in neighborhoods west of Rock Creek Park.

“The Wisconsin Avenue Development Framework brings a vision of equitable development and opportunities for all residents,” said Office of Planning Director Anita Cozart. “The recommendations will enable more DC residents access to the schools, jobs, transit, and other amenities this part of the city has to offer.”

The Wisconsin Avenue Development Framework lays the groundwork for up to 9,500 new homes, including up to 1,700 dedicated affordable in Friendship Heights and Tenleytown. Recommendations rooted in urban design promote well-designed blocks that serve residents of all ages and abilities with active public spaces anchored by retail, restaurants, and cultural and entertainment uses. Read More

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via Office of the Deputy Mayor for Planning and Economic Development

From DMPED:

Tthe Office of the Deputy Mayor for Planning and Economic Development (DMPED) released a Request for Proposals (RFP) to redevelop the Chevy Chase Civic Site Neighborhood Library and Community Center. The RFP requires a new library, community center, and housing to be developed onsite. The project is located at 5601 and 5625 Connecticut Avenue NW. Read More

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1405 15th Street, NW via Greysteel

From a press release:

“Greysteel, a national commercial real estate investment services firm, is pleased to announce the upcoming market listing of a prime mixed-use property in Washington, D.C. This exciting opportunity presents a unique and versatile investment option in one of the city’s most vibrant and sought-after neighborhoods.

This unique property, located in Logan Circle on 1401-1405 15th Street, is a church with a rich history (the place of worship for Teddy Roosevelt and his family during his presidency) in one of DC’s most desirable neighborhoods, surrounded by high-quality retail and is offered for well below replacement cost. This property represents a rare opportunity for those seeking a dynamic investment in a thriving community. Boasting a blend of commercial and residential spaces, this mixed-use gem is set to redefine the local real estate landscape.

Investment Highlights: Read More

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