Now is the time to invest in property there. The other week, there was another developer that purchased several acres of land from WMATA to develop offices. This development sounds like it is going to benefit the area. Work on Saint Elizabeth's is continuing, and Anacostia is one stop away from the SE Waterfront/Navy Yard, which is rapidly developing and becoming an extension of downtown.
Anacostia building to get a new look
The view of Washington’s waterfront from the soon-to-be renovated warehouse at 2235 Shannon Place SE. (Image courtesy of the Washington Post)
By Jonathan O'Connell
August 7, 2011
Washington Post
"One of the selling points of 2235 Shannon Place SE, an office building being planned for Anacostia in Southeast D.C., is its views of downtown Washington. Not only is the Washington Monument visible from the property, but it can be viewed from the first floor. Go up to the fifth floor and the U.S. Capitol, the Library of Congress and the Potomac River all come into view.
A rendering of the warehouse tranformed into a four-story office building. (Image courtesy of the Washington Post)
The office project is the first step in a long-term, transformational overhaul of downtown Anacostia being planned by a partnership between District-based Curtis Properties — which owns large chunks of land there — and Four Points, a D.C. developer that is making its name on projects in emerging neighborhoods..."
http://www.washingtonpost.com/busine...w0I_story.html