If I had some extra money, I would invest in in property in Anacostia, as it's going to be a good long-term investment. The Department of Homeland Security is relocating 13,000 federal employees to the Saint Elizabeths campus and the District Department of Transportation is building a streetcar here, as well as the two existing metro stations. There are also extensive plans for the redevelopment of Poplar Point on the eastern side of the Anacostia River. Finally, this area is only 1-2 metro stations away from the booming Southeast Waterfront/Nationals stadium area.
Developer seizing upon St. Elizabeths as catalyst
By: Liz Farmer
Washington Examiner
07/18/11
Developers are targeting the Congress Heights Metro station in an effort to capitalize upon the massive redevelopment expected at St. Elizabeths Hospital across the street.
On Thursday, Metro's Board of Directors will be asked to approve the $3 million sale of roughly one acre of land surrounding the station's south entrance on Alabama Avenue in Southeast to the adjacent property owner.
Developer Sanford City Partners, which has an office in Adams Morgan, plans to build a 281,000-square-foot office and retail development there, according to the project's architect, Maurice Walters..."
http://washingtonexaminer.com/local/...beths-catalyst