wpostServer: http://css.washingtonpost.com/wpost
Robert H. Smith School of Business
The Motley Fool

Market Foolery Featured Podcasts

  • MarketFoolery: 05.16.2013

    Wal-Mart slips in the wake of earnings news. Cisco surges.  And Tesla continues to pick up speed.

  • MarketFoolery: 05.15.2013

    Google readies a subscription music service.  Macy's reports a 20% increase in first-quarter profit and raises its dividend by 25%.   And LinkedIn cracks down on the world's oldest profession.

     

  • MarketFoolery: 05.14.2013

    A hedge fund manager calls for Sony to break up.  Tesla has a wild ride.  And AT&T pulls the plug on the Facebook phone.

Capital Business
Posted at 01:30 PM ET, 03/13/2012

Crystal City post office could become 200 apartments

There is a rush on post offices in Washington among real estate developers right now, as companies pounce on properties that are nicely located near commercial hubs but which the U.S. Postal Service can no longer afford to operate. This is happening in Bethesda, in Silver Spring, possibly in Georgetown and now in Crystal City.

The former post office at 1720 South Eads Street, across Route 1 from the Crystal City Metro station, is a single-story brick structure in an area that is already home to major office buildings and hotels. Arlington County is trying to add more, as evidenced by a recent proposal to erect a 23-story office building, what would be the neighborhood’s tallest, nearby.

Kettler, one of the biggest apartment developers in the country, has proposed replacing the Crystal City post office with at least 200 new apartments, a $50 million project. The plans still require county approval, but construction could begin as early as 2013.

Follow Jonathan O’Connell on Twitter: @oconnellpostbiz

By  |  01:30 PM ET, 03/13/2012

Tags:  Crystal City, Kettler

Loading...

Comments

Add your comment
 
Read what others are saying About Badges
     

    © 2011 The Washington Post Company
    Section:/blogs/capital-business