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The Week in Real Estate

A round-up of real-estate news and gossip.

• Plans for a streetcar along the Columbia Pike corridor are underway. The trolley would run from Baileys Crossroads in Falls Church to the Pentagon City Metro stop. Construction is set to begin in 2010. [DC MUD]

• Speaking of Columbia Pike: Plans for the construction of Penrose Square, the largest mixed-use development project approved for this Arlington area, include a community plaza that would feature a performance space and, potentially, an ice-skating rink. [DC Metrocentric]

• DCmud has the scoop on the Canterbury, a development on 704 Third Street, NW, that will preserve a historic brick building and add a ten-story structure beside it. The project will be LEED-certified. [DC MUD]

• Prince of Petworth spots another million-dollar home up for grabs in DC’s Columbia Heights as part of the blog’s Good Deal or Not feature. What do you think? [PoP]

• In response to the construction accidents in New York City, the District’s Department of Consumer and Regulatory affairs is inspecting construction sites with cranes. [DC Metrocentric]

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