RSS FeedWomen’s Clothing Store Coming To 701 Penn Ave?
Not much has been happening in the building permit arena, but we did find this item from December:
12/21/06
701 PENNSYLVANIA AVE NW
ALTERATION AND REPAIR
FIX SPACE FOR WOMENS CLOTHING STORE. BUILD TWO PARTITIONS, INSTALL THREE 16″ TRACK LIGHTS AND INSTALL HARDWOOD
EGUIT OFFICE
Do any of our friends at 701 Penn Ave have an idea what the store is?
Four More Street Parking Spaces Soon To Dissapear From Gallery Place/Penn Quarter
The Washington Times has an article on how the D.C. Council is considering legislation that would reserve up to 60 feet of curbside parking near fire stations citywide for the exclusive use of firefighters. Most residents in Gallery Place/Penn Quarter park their cars in underground garage facilities, leaving most of the street parking to people visiting restaurants, bars, and the Verizon Center. In fact, many residents of Downtown cannot obtain a District residential parking permit because their blocks are excluded from the program.
Our neighborhood fire house is located on the southeast corner of 6th & F St NW. So that means that 3 or 4 of the ~8 parking spaces on the east side of the 500 block of 6th street would be reserved for firefighters. Can’t say that we’ll miss the spaces.
More Street Vendors To Appear In Downtown (Map)
Artisan Resale Units
Settlements in the Artisan (915 E St, NW) are picking up as more resale units hit the market. Here’s a short summary:
- 2 BR, 2 BA – 2 units – $629,900 to $635K
- 1 BR, Den, 1 BA – 2 units – $448,900 to $499K
- 1 BR, 1 BA – 3 units – $408,900 to $450K
All units come with underground parking. McWilliams Ballard also has a unit up for sale in MLS and the website indicates units are available from the low $400s.
PQ Resident checked out #605, a 2 bedroom, 2 bathroom unit, at an open house on Sunday. Both the construction and finishes are of very good quality. The unit faces E Street above a small grass courtyard and has a view of the FBI building across the street. Clearly, quite of the few of the other units are not finished and some just have the steel framing up with no drywall in place. But, the building looks to be a nice product.
It will be interesting to see when and at what price resale units clear the market. Although inventory isn’t up as much as it used to be during the summer, sellers may have pulled their homes off the market after they didn’t get a sale at the overblown prices they were asking. When March rolls around those homes may come right back to the market. Hang on to your hat!
Add’l Notes:
To track real estate statistics for DC coops and condos, check out this link: http://www.gcaar.com/statistics/default.htm.
To follow the US economy and lots of detailed economic stats on the housing market, the Calculated Risk blog provides excellent commentary and insight: http://calculatedrisk.blogspot.com.
Tell ’em that GP Living sent you.