Neighborhood Transformation

Yesterday I rode my bike over to check out the H Street NE neighborhood festival, followed by a screening at the DC Shorts film festival at the Atlas Theater. Ever since major construction finished on H Street NE this summer, it's become clear as day that it's now only a matter of time before the area becomes another established, trendy DC neighborhood. After last year's festival I wrote that the neighborhood still looked like a wreck, and I tried to imagine its future . In only 12 months, it's amazing how much things have changed.

(from DDOTDC on Flickr)

If I had money to invest in real-estate, H Street, or Near Northeast, or whatever people are labeling the area, is definitely where I'd buy. The area has a very nice housing stock, consisting of many historic rowhouses. Some need work, while others are already in the process of renovation. Though it's not "well connected" to the rest of the city at the moment, the new streetcar should change that, as soon as it begins operating.

A lot of people look at neighborhoods in urban areas and comment about the amazing transformation that has occurred over the years. Everyone knows of at least one where "nobody in their right mind" used to go that's transformed into something that's incredibly desirable. H Street is interesting because you can literally see it happening right now. It's like being able to see 10 years into the future, knowing more or less what the neighborhood will become.

1 comments:

    Sounds promising! Any updates on this area now?