[mhays]

Capitol Hill still has room to grow, but the easy sites are mostly gone. Today anything major needs to incorporate an old facade or two. In a couple years even the tougher large sites will be gone, and new projects will be limited to smaller lots. Plus the City might disincentivize larger construction.

That'll push rents up, and speed up the overflow into nearby areas. The 12th corridor will go nuts in the next few years. It's already started. One big one is the Juvie rebuild, which will shrink its current site and spin off room for hundreds of units.