Reply to Moving to Arlington

Forum Index » Real Estate

Reply to "Moving to Arlington"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you can get something in 22209 I would. The 5-10 year plans for this area is amazing. An investment there will be well worth it in the future, but currently mostly foreigners, baby boomers and college students are attracted to the area. CCH, LV, Maywood, Cherrydale and others are nice too, but right now the most expensive home sold in Arlington although unpublished is in this zipcode. If you can get high end(washington fine properties) realtors to disclose, they may clue you in and surprise you. Check out rents/sf, some of the rental units are going for 12K or more/month. The county has grand plans for the area and with very limited residential units planned, the residential units will be even more sort after and less affordable. The economic downturn slowed things down but the plans are back on big time. [/quote]

The plan is grand but the Moore tower has no tenants, and the retail on Wilson has been vacant for months. And the only grocer is a sad derelict basement Safeway.  I would be more skeptical but would love to see it flourish. [/quote]

It is true with the moore building. The Only thing I can tell you is a lot of people with money(even by DC standard) has moved into the area in recent time. We're talking about people investing 4 or more millions for a resident. They are generally not losers when it comes to investing, meaning they are rarely late to the party when it comes to investing. I do know some of the developers who had ideas about commercial buildings are now changing their plans for residential units instead, and with  starting prices/sf at $800. A lot of these power people are now putting pressure on the county to make things happen. The county was surprise by how many new residents showed up during a planning meeting for Rosslyn a couple months ago. For sure they think the county out to speed up their effort with Rosslyn. The county is listening.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics