Words That Build Words That Build

Full Article: https://dc.urbanturf.com/articles/blog/how-prince-georges-county-can-court-transit-oriented-development/17843

Original Author: Nena Perry-Brown

The Greater Washington Partnership (GWP) recently released reports covering how Prince George's and Anne Arundel Counties can kick-start transit-oriented development (TOD). Considering that Prince George's County has 15 Metro stations, many of which can be considered under-developed, UrbanTurf is taking a closer look at GWP's recommendations for the county.

Full Article: https://dc.urbanturf.com/articles/blog/despite-strong-end-to-2020-dc-behind-suburbs-for-new-condo-sales/17824

Original Author: Nena Perry-Brown

The last quarter of 2020 was the busiest time of year for new condo sales, according to Delta Associates. With 468 net units sold, sales volume was 31% higher than in the fourth quarter of 2019. However, this strong showing did not necessarily take place evenly throughout the area.

Original Article: https://dc.urbanturf.com/articles/blog/amazons-jaw-dropping-design-for-hq2/17833

Amazon has released designs for its second headquarters and they are quite something.

The company's Arlington headquarters will, among other buildings, feature a 370,000 square-foot shell like structure called The Helix that will rise 350 feet in the air.

Full Article: https://dc.urbanturf.com/articles/blog/tysons-tops-dc-suburbs-in-apartments-built/17792

Original Author: Nena Perry-Brown

A new study shows that when it comes to apartment construction in the DC suburbs, Tysons Corner is at the top by a wide margin.

According to RENTCafé, 2,562 new units have been completed in Tysons in the past five years, putting the locale tenth nationwide for the most suburban apartment construction. In the DC area, Fredericksburg, Virginia and Laurel, Maryland come in second and third, with 1,761 and 1,168 new units delivered, respectively.

Full Article: https://dc.urbanturf.com/articles/blog/arlington-county-board-approves-740-apartment-ames-center-site-redevelopmen/17797
Original Author: Nena Perry-Brown

This weekend, the Arlington County Board granted unanimous approval for what will be the first Rosslyn high-rise development to include affordable units.

Full Article: https://dc.urbanturf.com/articles/blog/could-new-construction-ease-the-us-housing-shortage/17793

Original author: Urban Turf Staff

Booming housing start numbers in December could signal relief from the chronic shortage of homes for sale that the country is experiencing.

Housing starts rose 6% to a seasonally adjusted annual rate of 1.669 million units in December, the Commerce Department reported on Thursday. Single-family homebuilding, the largest share of starts, rose 12%.

"Home construction finished the year with the biggest bang since 2006," NAR Chief Economist Lawrence Yun said. "That means the worst of the housing shortage could soon come to an end. More inventory is clearly needed to lessen the heat of multiple offers and the consequent frustration of multiple losing bids."

The need for new housing is significant. Numbers out Friday show the inventory of homes for sale at 1.9 months, the lowest level on record.