When I first moved to Washington in 1994, the one piece of advice that many, many people gave me was “Avoid the Green Line — there is nothing good on the Green Line.” My how but times have changed.
Today, the Capitol Riverfront BID released the report they commissioned from Robert Charles Lesser & Co. on the economic health and commercial viability of the neighborhoods served by the Green Line stations between and including Georgia Avenue/Petworth and Navy Yard. A read of either the summary report or the full (313 page) report is interesting.
As you read through either report, keep in mind that Petworth is used throughout as shorthand for the 1/4 area around the Georgia Avenue/Petworth Metro, so that data is inclusive of the Park View/Ward 1 area served by the station.
From the report:
THE GREEN LINE CORRIDOR
During the last decade, the District of Columbia re-emerged as the region’s growth driver. In fact, in 2012, the District had the highest population growth percentage in the nation. During this process, it reversed the historical trend
of lost market share of population and jobs to suburban competitors and has become a destination of choice not only for professionals but increasingly for the companies and organizations for which they work.Regional real estate and economic observers have long pointed to property located along Metro’s Red Line in Northwest Washington and the Rosslyn-Ballston (R-B) Orange Line Corridor in Northern Virginia as successful investment and development corridors. Development locations and opportunities in these two corridors have been highly sought-after, garnering not only regional, but national, recognition. (more…)