Category Archives: future city

Reflections on Capital of the Future/ Where We’ll Live Cont.

Capital of the Future/ Where We’ll Live Cont.
Another interesting list is titled: Retirement Spots: The most members of the 65-and-up crowd will settle in these counties by 2040 (by % of total population):
Howard County (22.8%), Frederick County (22.4%), Fauquier County (21.9%), Charles County (21.4%) and Anne Arundel County (20.5%).
I found this one quite interesting, again for the places not on it. I did think that MoCo and Fairfax would be on this list. I have had a lot of clients recently looking to buy retirement property in Virginia (Alexandria, Fairfax and Arlington) as a tax hedge for estate planning.
What do you think? Any surprises on this list for you?

Reflections on Capital of the Future Cont.

The Washingtonian Special titled “Capital of the Future” included a fascinating piece titled “Where We’ll Live” based on projections for 2030 based on data from Maryland Department of Planning, Uni of Virginia Cooper Center, Metropolitan Washington Council of Governments and the Urban Institute.

There were three sub categories that I found really interesting. The first:
“Must Love Kids” looked at places with the most residents 19 and younger in 2040 (by percentage of the total population) and listed the top 5 as:
Loudoun County (31.9%), Stafford County (30.6%), Prince William County (29.7%), Spotsylvania County (28.2%) and King George County (28%).
This did surprise me a little — I actually thought Montgomery County would sneak onto that list. I spend a lot of time looking at real estate throughout the county and have felt that there has been a big spike in young county residents, a spike that has coincided with the increase in housing density.
Anecdotally,  here in Bethesda where I live and have my office, there are a lot of new apt. and condo buildings coming online and I am seeing significant numbers of families with young kids in these homes.
I would watch this prediction closely, we may well see MoCo and others making a push up the list in years to come.
What do you think?
If you have a young family would you consider condo or apt. living?
What neighborhoods and counties seem most kid friendly to you?

Happy Monday Bethesda!

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First in a series: Reflections on “Capital of the Future.”

First in a series: Reflections on “Capital of the Future.”
I recently dug out an old copy of the Washingtonian from April 2015 that featured hopes, dreams and predictions for our regions future. It struck me that it might be quite interesting to pull out various nuggets from the magazine and see if the ideas seemed plausible, possible, on track or unrealistic two years on.
I know bits of this series will be about the world just outside Bethesda but we are in an increasingly connected area and I think that this series has real relevance for Bethesda.
I’d love your thoughts on each idea/ vision — do you share it, love it or hate it?
Let’s start with a piece from “Capital of the Future” on White Flint and Montgomery County for Millennials (and their kin) which begins:
“Why should the big city get all the young people? That’s an argument behind an argument to rebuild a stretch of Rockville Pike as a 24 hour play ground for car free millennials.”
The piece goes on to discuss the White Flint Sector plan and concludes with this comment from Lindsay Hoffman, former director of Friends of White Flint: ” If you asked me the one thing I’m afraid of, it’s that we’re going to build all this and no one will come.”
So friends, what do you think? Two years on from this article, is the White Flint development living up to the hype?
My take is that a lot is going right at the moment, the Pike and Rose development particularly with the new brew pubs, restaurants, condos and hotels is a big draw and is changing the area dramatically, and, I believe, positively.
The White Flint area is proving to be a big draw for newcomers and others simply looking for a change of scene.
I have had good discussions with investors who are looking to buy property in the surrounding community to take advantage of the growth and development.
The only real concern I have at this moment is whether White Flint can deliver on their post-car transportation vision. More support is needed for metro and we need to see more money put into bike lanes and rapid transport.
What do you think? Do you like the direction White Flint is going in or do you have concerns?
Please let me know!
As an aside, see link below for more info and remember I am always happy to discuss White Flint and the real estate implications (residential, commercial and investment) one on one.