Located on the farthest Southwestern fringes of D.C., Bellevue is a diverse and charming residential community. Formerly known as a bustling commercial district, the neighborhood went into decline during the latter half of the 20th century, but city-wide revitalization plans have something in store for Bellevue, which so endearingly translates from French as “beautiful view”.
Time for Bellevue to Shine
Large scale development plans are rolling out in the area, providing modern housing and commercial space to boost the economic growth of the neighborhood. In 2012, the former Washington Highlands Library was reborn as Bellevue Library, a major state-of-the-art community service junction. Community of Hope finished its grand Health and Resource Center project in late 2013, considerably improving health care services provided in the area.
Along with improvements in public infrastructure, Bellevue is also going through a phase of multi-purpose project development driven by private investment. South Capitol and Atlantic Streets, the centerpiece of the Bellevue commercial district, are looking at development worth $150 million to be carried out over the next couple of years. The South Capitol Street Shopping Center will be transformed into a 225,000 square-foot giant with 215 residential units and retail space of 17,000 square feet.
The Charm of Row Houses
With the majority of vacant properties in Bellevue consisting of small townhouses and row houses built in the 20th century, the pricing is much more affordable than most parts of D.C. With major development funds flowing in, more diversity in housing options is sure to follow.
In May 2015, Mayor Muriel Bowser cut the ribbon on Trinity Plaza, a modern multi-purpose project with 12,000 square feet of office space, half of that for retail tenants, as well as 49 units of affordable one, two and three-bedroom apartments. Much to the joy of the residents, Trinity Plaza also houses 2,000 square feet of community space with public access computers and various classes for kids and counselling services for adults.
Residents of Bellevue are on the edge of their seats, as new housing and job opportunities are about to spark up the neighborhood and help it bring back the commercial spirit that wandered away in the 1980s. Judging from the success of revitalization efforts in other parts of D.C., Bellevue is about to be reborn, and property prices will go soaring.
SF of new retail planned at the South Capitol Street Shopping Center - 17,000
New homes delivered at Danbury Station in 2007 - 125
SF greenhouse farm planned for Bellevue - 100,000
Source : Neighborhood Profiles: 2014 Edition. (2014, February 17). Washington, DC Economic Partnership, Retrieved from http://www.wdcep.com/wp-content/uploads/2014/02/np14_final_lowres.pdf
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Stages Premier are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2017.
Listing information last updated on May 24th, 2017 at 4:17pm CDT.