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
Georgetown Metropolitan reported on Tuesday that the Instagram account for the nation... read »
The National Park Service has given the green light for DC's 62 year-old stadium to b... read »
UrbanTurf continues our tour of neighborhood developments around the region as we tak... read »
On Wednesday, Airbnb launched the Icons Collection, approximately a dozen "one-of-a-k... read »
Plans for another residential project in downtown Bethesda are moving forward.... read »
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