Breakfast links: WMATA gives go-ahead to solicit mixed-use developments at seven stations
Brookland Metro station facing west. Its one of the seven WMATA stations targeted for immediate action on joint development by Beyond DC licensed under Creative Commons.
WMATA moves forward on joint development opportunities at seven stations
WMATA board members have authorized WMATA staff to issue requests for proposals to redevelop parking areas at seven stations around the region into mixed-use developments with housing as the primary use. The formal requests will go out over the course of the next year. (Editor’s note: GGWash board chair Tracy Hadden Loh is also on WMATA’s board.) (Dan Brendel / Business Journal)
High home prices and mortgage rates lead to slower real estate sales in region
The rising costs of housing and mortgages have slowed down the Washington region’s overall housing market. Fewer homeowners are selling, and the few homes that go on the market leave much more quickly, creating the illusion of a more abundant housing supply. (UrbanTurf)
Sale of Dupont Circle mansion could break record for most expensive property in the District
The James G. Blaine (Blaine) Mansion in Dupont Circle has been put up for sale for $29.5 million. If sold at that price, the mansion, which has been subdivided into residential and commercial space by its current owners who live on its top floors, would break the record for a single residential property sale in the District. (Michael Neibauer / Business Journal)
Fairfax County reapproves zoning reform after courts struck it down on technicality
The Fairfax County Board of Supervisors has unanimously approved zMOD, a massive zoning reform that will replace the nearly 45-year-old ordinance and is expected to address discriminatory development patterns and create more housing opportunities. Some residents claim the vote happened without sufficient input, although the revision process has been underway since 2017, and that it will hurt neighborhood character. (Fatimah Waseem / FFXNow)
Montgomery County approves recordation tax increase
The Montgomery County Council voted to approve a recordation tax rate increase on homes sold for at least $600,000. It will increase funding for infrastructure projects, including schools, while some opponents say it could harm economic growth. (Ginny Bixby / MoCo360)
Shaw condo redevelopment sparks controversy
A proposed Shaw condo building “appears to have met the trifecta of characteristics for a cyclone of neighborhood opposition: too tall, not enough parking, style inconsistent with community character.” Although ANC 2G voiced its support for the development in a resolution that passed 5-1, the majority of the 35 submitted letters from residents express opposition. Nearby Shiloh Baptist Church sold the property, which formerly held a daycare center and some offices, and supports the redevelopment plans. (Tristan Navera / Business Journal)
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