(Updated at 4:30 p.m.) There’s still a lot that needs to be done in The Heights, the new home of H-B Woodlawn Secondary Program and the Shriver Program, before the school opens next week.
Construction crews are putting on the finishing touches of the building at 1601 Wilson Blvd even as teachers get their classrooms ready for the start of school next Tuesday (Sept. 3). Much of the state-of-the-art interior is completed.
This regularly-scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. Please submit your questions to him via email for response in future columns. Enjoy!
Question: How often should a condo building conduct a Reserve Study?
Welcome to Kami’s Korner where we’ll take a deep dive into Arlington’s condominium market by focusing on what’s coming next. From emerging developments to shifting trends, this space will spotlight the opportunities and insights shaping the future of condo living in Arlington.
To understand where the market is today, let’s look at how the condo market has changed. What began as an affordable housing alternative for first-time homebuyers has become the pinnacle of true luxury urban living typical of a world-class city. Let’s explore the 20-year evolution of new condos in Arlington.
Early 2000s: Affordability Focused. Condominiums in the early 2000s were aimed primarily at first-time homebuyers. Affordability was key and this type of housing in Arlington wasn’t glamorous quite yet. The market was steady and interest rates, at just under 7% in 2001, were deemed attractive. Most buildings had 100- 200 units and the average size for a new condominium in Arlington was 950 sq ft.
Mid-2000s: Market Heats Up. In 2003 the market began to pick up speed, fueled by the abundance of financing and essentially loans that required no documentation or proof of affordability. During this time Ballston saw several apartment to condo conversions. Condo units were generally designed as apartments so unit sizes were smaller among all unit types. Finishes were acceptable but not great. This is when granite countertops became the epitome of quality.
New builds like Liberty Center in Ballston shifted the average size down while finish quality and livability of design improved. It was probably the best building of that generation. Like many others at that time there was a rush to buy and buildings were very successful in pre-sale. (more…)
L.A.-based gym Barry’s Bootcamp — famed for its difficulty — is coming to Clarendon.
Construction permits were filed earlier this year for a 5,695 square foot space at 2825 Wilson Blvd in Clarendon, next to the Chase Bank.
(Updated on 09/09/19) A Metrobus with a chemical leak that caused first responders to hospitalize the driver last week sickened a second driver after being placed back in service prematurely, union officials say.
An Arlington County Fire Department hazmat team responded to the Pentagon bus bay Thursday morning after the driver on Metrobus number 6360 reporting feeling sick and smelling a chemical odor.
Join us for the Little Lambs Academy Open House!
Families with children ages 3 months through 12 years old are invited to tour our facility, meet our staff, and learn more about the programs we offer. This is a great opportunity to explore our classrooms, ask questions about enrollment, and see firsthand what makes Little Lambs Academy a nurturing and engaging environment for children.
September will arrive this weekend, heralding the unofficial start of fall.
Yes, the actual season starts on September 23, but with pools closing after Labor Day, football being played, Oktoberfest beer being poured and Pumpkin Spice Lattes being brewed — well, it’s basically fall.
Bronson Opening on Friday — “The owners of A-Town Bar and Grill are opening a new German beer hall this week that will replace the popular gathering place for hard-partying bros in Ballston. Bronson is scheduled to open Thursday, August 29 Friday, August 30 in the 6,000-square-foot space at 4100 Fairfax Drive in Arlington.” [Eater]
Rising Home Prices Not Caused By HQ2 Workers — “The first Amazon employees have barely arrived in Northern Virginia, but the housing market close to the company’s new headquarters in Arlington County is behaving as if all 25,000 workers are moving in next week… The lightning speed of sales, the shortage of homes on the market and the elevated prices for available stock are all being driven by those who already call the Washington region home, real estate agents say.” [Washington Post]
The majority of local leaders agree that Northern Virginia needs more affordable housing and bus transit — though they differ on the details.
Local leaders discussed issues ranging from housing to the area’s overall economic health during the Northern Virginia Regional Elected Leaders Summit co-hosted by several local chambers of commerce at George Mason University’s Arlington campus earlier today (Monday).
Spike likes playing frisbee, playing with a chew toy, and sniffing out explosive chemicals in Reagan National Airport.
The black labrador retriever is one of four — soon to be five — explosives detection canines patrolling the airport. This morning (Monday), Spike led a public demonstration at a Transportation Security Administration (TSA) checkpoint to show off his nose and teach the public about airport bomb dogs for National Dog Day.
By Claire Noakes
Vacationing families expect a line at the funnel cake stand on the boardwalk, but they shouldn’t be surprised if there’s also a line at the monkey bars back at the schoolyard for the foreseeable future.
