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Real Estate
Reply to "your predictions for "hot" neighborhoods in DC next year?"
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[quote=Anonymous]I bought off of H Street ten years ago, and that describes what it was like. There was a coffee shop that closed down and restaurant that closed down as well. That was the time to buy. If I were ten years younger, I would move out there. [quote=Anonymous][quote=Anonymous][quote=Anonymous]I think that Trinidad and Rosedale are already in full scale land rush mode. My best guess is that Anacostia is poised to take off. The housing stock is nice, there is a commercial corridor in place, the Metro runs near by. More importantly, it is just accross the river from Capitol Hill and relatively close to downtown. It may not be next year, but very soon. [/quote] Yes, you're just four stops from L'Enfant Plaza and six from Gallery Place, the Circulator bus runs through HA to Barracks Row in Capitol Hill, you have great access to north and south freeways, and the 11th St bridge park will be a huge draw. OTOH you have to drive to get to a supermarket and your WotP friends will never visit because the name Anacostia scares them. But if I were looking now, I would definitely look over there.[/quote] The main street, MLK, looks absolutely terrible, between vacant lots, vacant buildings, and people loitering - and that is the way you would walk from the better section of historic homes to the metro stop (I am told people from there just take the bus in instead) The total of desirable retail is the arts center with nurish, one other restaurant, one coffeeshop, a couple of other small galleries, and I think a vintage clothing shop. UNLIKE all the WOTR areas that have or are gentrifying, you can't be one or two short blocks away from an already more established area - because of the river, the park and 295. It is going to take some time to overcome all that. I think takeoff in 2016 at the earliest, when BB&P comes in. More likely it will take at least a resolved plan for Barry Farms, before the land rush begins. [/quote][/quote]
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