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The Week in Real Estate
Welcome to Open House’s latest weekly feature! Every Friday, we’ll give you a roundup of all real estate-related news and buzz-worthy gossip for the capital region.
The District’s first Target store in Columbia Heights had its soft opening on Tuesday. “Renaissance,” “revival," and “revitalization”—all buzz words of the week. [Columbia Heights News] We were at the store’s VIP opening event.
Speaking of revitalization, Major Adrian Fenty announced the move of the city’s Department of Housing and Community Development’s headquarters from Union Station to Anacostia as the first step in an ambitious development plan for “emerging neighborhoods.” [DCMUD]
Turns out the DC real estate market is “hot” for foreign investors. If only we were all getting paid in Euros. [WBJ]
The Washington Flower Center, a 52,740-square-foot industrial building on a two-acre development site, is up for sale in the NoMa area. [Bloomingdale]
NPR announced plans to move its headquarters to 1111 North Capital Street in DC’s NoMa area. The move is scheduled for some time in 2012. [Mediabistro]
Reston’s Westin Hotel—opening in April—is part of a 35-acre project described as “a master-planned community” that will include a new restaurant, Vinifera, and “ serve as a decidedly upscale lifestyle center” for the area. [Restonian]
A multimillion dollar renovation of Hillary Clinton campaign strategist Mark Penn’s Georgetown home has the neighbors’ knickers in a twist. [DC Metrocentric]