Shaw

Major Progress at Building Coming to 9th and P St, NW – Will Be Home to Mandalay Restaurant

By Prince Of Petworth


9th and P St, NW

Mandalay currently has a location in Silver Spring. Their Website says:

Mandalay Restaurant and Café brings dishes from all over Burma to the DC area. Our chef (and our mom) is formerly the head chef of the Burma restaurant in Washington, DC.

We do not specialize in the cuisine of any particular area of Burma (Myanmar), instead we bring a mix of dishes from the seasides to the mountains, using fresh ingredients and time tested recipes. Any dish can be made as spicy as you like, but even without the “hot” every dish is full of flavor. It doesn’t have to be hot to be good, but if you like it that way just let us know and we’ll “light it up” for you.

We also offer a range of drinks and desserts to round out your meal. Our full service bar can serve up just about any cocktail and a wide range of beer and wine. Our vegan coconut “ice cream” served in the shell is very popular as is our traditional semolina cake or sticky rice cake.

You can see their menu here.

And here’s a rendering of the building:

Man Shot Mon. Night on the 1800 Block of 8th St, NW

By Prince Of Petworth


View Larger Map

From MPD:

“The Third District is investigating a shooting which occurred in the 1800 block of 8th St NW at approximately 11:30 PM.

Anyone with information is encouraged to call the Metropolitan Police Department at 202-727-9099 or text at 50411.”

And @DCPoliceDept tweeted:

“3D Shooting/ 1800 blk 8th St NW/ Adult male shot in side, conscious & breathing/LOF: gray dodge charger tinted windows, lights out// 2495”

On July 7th 2 were shot and arrested on the 1700 block of 7th St, NW.

GDoN Revisited by Hipchickindc – 1844 8th Street, NW

By Prince Of Petworth

Hipchickindc is a licensed real estate broker. She is the founder of 10 Square Team and is affiliated with Keller Williams Capital Properties. 10 Square Team is a princeofpetworth.com advertiser. Unless specifically noted, neither she nor the company that she is affiliated with represented any of the parties or were directly involved in the transaction reported below. Unless otherwise noted, the source of information is Metropolitan Regional Information Systems (MRIS), which is the local multiple listing system. Information is deemed reliable but not guaranteed.

Featured Property: 1844 8th St NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Original List Price: $589,900.
List Price at Contract: $589,900.
List Date: 05/03/2012
Days on Market: 6
Settled Sales Price: $605,000.
Seller Subsidy: $2,000.
Original List to Net Sales Price Ratio: 102.22% in relation to final listed price
Settlement Date: 05/31/2012
Bank Owned?: No Short Sale? No
Type Of Financing: Cash
Original GDoN post is: here.
The listing can be seen: here . The photos can be seen by clicking on the listing link, then scrolling through the pictures starting with the main photo.

Not only did this property sell above the listed price, but the (let’s assume multiple offers) winning offer went from contract to close in 23 days. The listing states that it was a cash sale, which could mean that the buyer did actually show up with a suitcase full of money at closing, or it could also mean that the buyer eliminated the financing contingency and showed up with financing at the settlement table. With buyers who are fully credit approved prior to making an offer, it is not unheard of to close a loan this quickly. (It’s perfectly cool to show up with a loan even if the contract said “cash”…as long as it does not change anything for the seller, such as delaying settlement. With a cash offer, the listing agent will want to see some proof of funds to close.)

I did get a chance to show this home to a buyer when it was on the market. For a small home, I thought the space was decent and it was nice and bright from the upstairs skylight. The cryptic parking language refers to the alley behind the home that is apparently public property. It looks like there’s an unspoken code that you park behind your own house and not behind your neighbor’s.

Continues after the jump. (more…)

“Mayor Gray and District Delegation Return from China Trade Mission, Highlight Investment in District Project”

By Prince Of Petworth


Market at O Street

From a press release:

This week, Mayor Vincent C. Gray and Deputy Mayor for Planning and Economic Development Victor L. Hoskins returned to the District of Columbia along with other members of the District delegation who participated in a seven-day economic development mission to the People’s Republic of China. The trip ended on Saturday in Shanghai with the announcement of a sizeable Chinese investment in the City Market at O Street project managed by District-based Roadside Development, LLC. A ceremonial check in the amount of $40 million was presented to Roadside’s co-founder Armond Spikell. The funding will support future phases of this important development.

“We are delighted to return home from China with the knowledge that our work is already proving successful,” said Mayor Gray. “I want to congratulate the Roadside Development team on securing a major funding component for City Market at O Street, which is a critical component of the revitalization of the District’s Shaw neighborhood. In order to remain the best real-estate market in the country, we must continue to attract, entice and support such investments in the District. By launching the D.C. China Center in Shanghai, we will do that work and more, bringing more business to D.C. and standing shoulder-to-shoulder with D.C. businesses as they compete in China and create good, high-paying jobs here at home. I also want to thank the cities of Beijing, Shanghai, and Suzhou for the spirit of hospitality and friendship with which we were received. The relationships we developed will increase economic opportunity for District residents and our Chinese partners.”

“Roadside Development was pleased and proud to be a part of the Washington, D.C.’s trade delegation to China,” said Richard Lake of Roadside Development. “We saw immediate opportunities to attract new capital sources and form new partnerships for future developments in the District. Through Mayor Gray’s leadership and vision, our City Market at O project is well under way. During this mission, City Market at O received an additional $40 million (through EB-5 financing) for future phases of this exciting project.”

All Souls Neighborhood Bar Coming to Shaw Hopes to Open for Halloween

By Prince Of Petworth


725 T St, NW

A couple of weeks ago we learned that All Souls neighborhood bar had finally been granted its liquor license in Shaw. I took a quick look of the space at 725 T St, NW (it’s actually 2 storefronts that will be combined) so I could grab some “before” photos. Speaking with owner, David Batista, if all goes well they plan on opening on Halloween. More info as construction progresses.

More photos after the jump. (more…)

Former School at 9th and T St, NW Sold

By Prince Of Petworth


9th and T St, NW

Back in July 2011 we heard the Maya Angelou Public Charter School was for sale at 1851 9th St NW. Check out some history on the building here.

A readers sends word that the building has sold:

“Not sure what the plans are for the space, but it looks like it sold for $7.5 mil after an asking price of $9.5 mil. Closed on June 28.”

Stay tuned for more info as it becomes available.

View More Stories