Summer home renovation projects are on many people’s minds.
Real Estate
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Last month, Eleventh Street Development, LLC, got the green light from Arlington County to move ahead with its plans to transform the commercial buildings at the northwest corner of Washington Boulevard and Kirkwood Road into a seven-story apartment building.
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While the deal has yet to be set in stone, the future of the historic former Federal-American National Bank building will likely be a mix of restaurant or retail spaces, rather than the initial idea of an office building.
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The old medical center that once treated AIDS patients in private is being transformed into a free cultural center open to the public, thanks to Fivesquares Development’s partnership with Whitman-Walker Health.
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Now that approval from Loudon County has been given, plans are officially underway for the new Silver District West development.
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Orangetheory Fitness just became the first to sign a retail space at the new 12-story Highline Union Market apartment building. The Florida-based company, known for its high-intensity, interval training workouts, will occupy 3,300 square feet on the ground floor.
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With the Fed raising interest rates, mortgage rates are following suit. Mortgage rates have been moving up slowly since last summer, and the pace of increases has picked up since the election.