Metro Puts Alexandria and Brookland Properties Out for Bid
The property at 600 North Royal Street.
Three new Metro-owned properties are going out for bid, the transit service announced on Tuesday.
Two of the properties are located in Brookland in lots adjacent to the Red Line, according to a news release. The third is a two-acre piece of property near Old Town North, Alexandria at 600 North Royal Street (map). The site was formerly used for bus maintenance and storage.
The Brookland properties — at 9th and Lawrence Streets NE (map) and 9th and Kearney Streets NE (map) are two blocks from the Brookland-CUA Metro. Metro is not requiring that they be purchased by the same developer.
“Their reuse will strengthen the revitalization already underway in the area immediately surrounding the station,” the service said in its statement.
The properties are particularly valuable to Metro — and desirable for developers — because Metro no longer has any need for them. In similar projects put out for bid, Metro often requires continued use of a portion of a parcel for equipment or the relocation of equipment, generally at the developer’s expense.
See other articles related to: alexandria, brookland, metro
This article originally published at https://dc.urbanturf.com/articles/blog/metro_puts_alexandria_and_brookland_properties_out_for_bid/9879.
Most Popular... This Week • Last 30 Days • Ever
This week's Best New Listings includes a five-bedroom mid-century modern home in Beth... read »
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
- Best New Listings: Modern Homes Meet Mid-Century Aesthetics
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro