Thursday, April 10, 2014

WBJ | D.C. to buy Anacostia Metro site for $1.5M for affordable housing project


Go HERE to read the full article.

Excerpt:
Metro is in talks with the District to sell a vacant parcel at the Anacostia Metro station for redevelopment as affordable housing. 
The Metro board’s real estate committee on Thursday is expected to approve the sale of nine lots totaling 27,031 square feet to the Department of Housing and Community Development for $1.5 million. 
The lots are located at the northeast corner of Shannon Place and Howard Road SE, across the street from the Anacostia Metro Station and adjacent to the proposed terminus of the Anacostia streetcar line. 
According to a Metro report, DHCD plans to offer the site to the private sector for the construction of affordable housing. The agency has received a federal grant to buy the site.


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2 comments:

Anonymous said...

I am not an expert in urban planning. But, I can tell you that when I was looking for a place to buy last year, I went looking for places as close to a metro station as possible. Make no mistake, DC's metro system was one of the main reasons I moved here. I wanted a place that was walkable and well connected by public transit. So, I could park my car and use it only on special occasions, or for chores that required a car. So, when I was house-hunting last year, I went to developments that were walkable. When I went to those open houses, there were a lot of other people there too, many, many of them from DC. I looked at the new Arts District in Hyattsville (shuttle to metro), condos along Benning Road, MetroTowns at Parkside (1/2mile to metro), etc. Again, there was alot of interest from middle-income people for housing near metro or metro accessible via bus. So, I have to think that housing right across from the Anacostia metro would have a strong pull for people with disposable income who might otherwise be reticent to look in Anacostia. I am left wondering whether the city has made any attempt to evaluate the potential economic value of these parcels. There was a waiting list at Sheridan Station when I signed on. There is interest; but middle-income people keep getting capped out. Why do that? Again, I am no urban planner, but that area looks prime for attracting folks with disposable income. Or for attracting businesses. Just my 2 cents, for what its worth.

i heart newcomb said...

You'd think that location would go market rate.... Does any one know what type of affordable housing those apartments are going to be? Wasn't DC touting the wonders of mixed development? Is it going to have some market rate apartments maybe in my dreams?