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Old 01-22-2017, 12:03 PM
 
Location: Washington D.C.
13,687 posts, read 15,597,419 times
Reputation: 4054

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With the sale of East River Park shopping center last year, could a redevelopment be coming down the line at some point?

Cedar Realty Trust Acquires East River Park Shopping Center In Washington, D.C.
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Old 01-31-2017, 12:02 PM
 
Location: Washington D.C.
13,687 posts, read 15,597,419 times
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With Zoning Modification, Skyland Town Center Hopes to Break Ground this Year

With Zoning Modification, Skyland Town Center Hopes to Break Ground this Year
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Old 01-31-2017, 12:35 PM
 
5,289 posts, read 7,367,001 times
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There is ONLY one BROOKLYN, NY!
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Old 02-01-2017, 08:15 AM
 
Location: Born & Raised DC > Carolinas > Seattle > Denver
9,338 posts, read 7,068,727 times
Reputation: 9487
It is unbelievable how much DC has changed from when I left in 2000. Not that change is a bad thing, but D.C. has gone through some serious gentrification over the last 10-15 years. Parts of Northwest where I grew up are unrecognizable.
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Old 02-02-2017, 06:05 PM
 
1,742 posts, read 2,368,495 times
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A lot of DC is rapidly gentrifying and would-be investors are always looking to hop on the train before the crowds drive the price up to match.

Baltimore's own Dwight Watkins just put out a video on the 5 Warning Signs of Gentrification coming to Your neighborhood

5 warning signs that your neighborhood is gentrifying - Salon.com
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Old 02-22-2017, 07:51 AM
 
Location: Washington D.C.
13,687 posts, read 15,597,419 times
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Skyland Town Center Secures $58.5 Million in EB-5 Foreign Investment

http://www.bizjournals.com/washingto...nt-and.html#g3
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Old 03-24-2017, 05:16 PM
 
Location: Washington D.C.
13,687 posts, read 15,597,419 times
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Poplar Point Update
http://www.bizjournals.com/washingto...res-still.html
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Old 06-22-2017, 04:18 PM
 
181 posts, read 189,686 times
Reputation: 212
Let the revitalization begin!

Barry Farm Relocations to Begin This Summer, Displacing Residents
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Old 06-22-2017, 07:20 PM
 
2,685 posts, read 2,508,431 times
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Quote:
Originally Posted by CDT93 View Post
The media keeps talking about gentrification as if its something new or something that can be stopped or reversed. As if pointing out how people are getting displaced will stop it from happening. Hasn't work over the last 10 years, why would it work now?

Its going to keep happening. The are only two main ways to avoid being displaced:

1. Make more $$$
2. Own the land you live on

Otherwise, you are SOL. No amount of news articles or complaining will change it.
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Old 06-23-2017, 10:07 AM
 
Location: Washington D.C.
13,687 posts, read 15,597,419 times
Reputation: 4054
Quote:
Originally Posted by Chriz Brown View Post
The media keeps talking about gentrification as if its something new or something that can be stopped or reversed. As if pointing out how people are getting displaced will stop it from happening. Hasn't work over the last 10 years, why would it work now?

Its going to keep happening. The are only two main ways to avoid being displaced:

1. Make more $$$
2. Own the land you live on

Otherwise, you are SOL. No amount of news articles or complaining will change it.
Ultimately, this comes down to construction costs versus relocation costs. It would cost way more to "build-in-place" piecemeal versus being able to raze the entire property and building it in one phase. That's why this project has been stalled for years now. Construction costs have been too high and there were huge gaps in the funding for the project. I don't think people understand how expensive it is to build multi-family housing.
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