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One-Mile Section of C&O Canal in Georgetown to be Transformed into Community Park

New York urban design and landscaping firm James Corner Field Operations has been selected to transform a one-mile section of the C&O Canal, otherwise known as the Chesapeake and Ohio National Historical Park, in Georgetown into a thriving community park. “This is an extraordinary opportunity for Washington, DC, and the Georgetown community to create

Can you Guess Average Home, Townhouse and Condo Prices in Greater DC?

The Real Estate Business Intelligence, a wing of the local multiple listing service, has released its January figures for average home prices for single-family homes, attached homes and condominiums. If you are an owner or seller, you’ll be quite pleased. If you’re a buyer, not so much. According to figures compiled from sales in

Home Renovation Design Library Opens in D.C.’s Shaw.

Home buying isn’t always a simple matter of finding a place you like and purchasing it. For many buyers, the process includes a major renovation as part of the purchase or a new interior design plan. To accommodate buyers who need help and inspiration as they search for a house to buy, Slate Properties,

Washington DC has the Fourth Highest Rent in the Country

WASHINGTON — A new study by London-based firm Nested ranks Washington DC as having the fourth highest rent in the country and the sixth highest rents worldwide. The firm calculates residential rental space in DC costs $3.33 per square foot. For a 450 square-foot studio apartment that would come out to $1,499. And while

D.C.’s offices are getting funkier, more modern Expect greener, glassier buildings in the District’s future

In the past 10 or so years, offices in Washington, D.C. have been changing their look by opening their spaces, offering more amenities, and going green. The reason why is that technology in the workplace has evolved, and the workplace has had to evolve with it to keep up. Marty Caverly, chief investment officer

D.C. region’s housing market exhibited strength in 2016. How did your Zip code do?

The Washington-area housing market enjoyed a strong year in 2016, despite head winds that could hold back its progress going forward. Home prices around the region climbed modestly last year, as they have the past three years. The median price for a home crept up to $415,000 last year, matching the record set in

Friealtor Launches Service to Eliminate Real Estate Commissions

Alexandria-based company Friealtor, which has received $70,000 in seed funding, launched Dec. 29 its service meant to lower the cost of selling a home through the elimination of seller’s agent commissions. The service, Friealtor.com (with which BuiltLifeDC is not affiliated), works on a monthly membership and a la carte service model. Sellers can sign

Quiet Street and New Housing Type Collide in Truxton Circle

A controversial new development on a quiet residential street in Truxton, near Shaw, is ground zero in the conflict surrounding a move towards a new type of housing in DC. Arlington’s Oak Tree Development in partnership with NYC startup Common wants to build a 24-bedroom co-living space at 410–412 Richardson Place NW. The developers

Maryland Board Approves $5.6-Billion Purple Line Contract

Board of Public Works approved a $5.6 billion contract Wednesday for a team of companies to build and operate a light-rail Purple Line in the Washington suburbs. The board voted 3-0 after a 30-minute discussion. “This is going to be a nationally recognized project,” said state comptroller Peter Franchot (D). “The Millennials around the

Purple Line Gets Green Light Across Maryland

The long-awaited Purple Line rail system linking Bethesda in Montgomery County to New Carrollton in Prince George’s County across Maryland, was given the go ahead this week by Maryland Gov. Larry Hogan. The 16.2-mile Purple Line will be light rail and operate primarily in dedicated lanes. It will provide a direct connection to the