Tag Archives: Real Estate

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.

Rezoning Single Family Homes (SFH): MoCo Councilman Riemer Provokes Strong Reaction

I noticed that MoCo Councilman Reimer recently noted an interest in allowing SFH to be rezoned to accommodate duplexes. This idea has already provoked strong reactions – take a look at this comment from Robert Dyer (CEO of Suburban News Network).

What do you think? Is Reimer right to consider allowing SFH’s to be rezoned?

Is the density a boon or a problem for our area?

Or do you agree with Robert Dyer?

Feel free to drop me a note at raj@rajabout.com and we will share the most interesting comments here at Bethesda Actually.

Real Estate as You Get Older

Friends,

The demographic data is clear – the United States is aging and Bethesda’s population is certainly tracking that national trend.  As we, as a society, look to address the changing needs of an aging populace, real estate will play a key component in our thinking and decision making.

As a real estate professional I am having conversations about aging and real estate constantly with clients.

For some the challenges surround selling a home that is too large or unwieldy to live in and maintain while for others it is trying to work out whether there next home is their final home or a bridge to assisted living. These are important discussions and each has a fair share of built in questions to consider.

In the coming weeks I will be raising  some of these questions and making a few suggestions that might be useful. I really encourage you to email me questions/ or topics you want me to address at raj@rajabout.com – we can’t cover all the details on every topic in a blog format but hopefully this will be a good start. I am also hoping we can bring in the view points of non-real estate experts who can contribute to this discussion.

Cheers!

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Picture of a Soon to be built retirement facility adjacent to Battery Park. Many in Bethesda are trying to work out their real estate moves prior to entering a retirement facility. I try to assist with that.

 

600 Unit Building Near Bethesda Marriott Pooks Hill?

We just heard that there is a fairly detailed proposal for a 600 unit residential building to be developed between the Bethesda Marriott and the Promenade Coop Building on Pooks Hill.  My friend and colleague, Peggy Bresler, just mentioned that there is an application for development with the county as well as a sketch plan (see below). We will provide more info as we get it.

Please let us know if you have any more details and feel free to get in touch if this is of particular interest. My email raj@rajabout.com

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Film Festival Bethesda!

Imitation Game is the last one!

movie night

Coffee and Real Estate Bethesda

We are seeing incredible changes in the real estate sector in Bethesda (and the broader area). New projects are seeing the development of high end apartment buildings, condominiums, town home and single family homes. Additionally, there are substantial changes in the commercial real estate area and these are impacting where people want to live and the space that they need.

As regular readers of this blog know, in my day job I am a real estate professional (associate broker/ realtor with Coldwell Banker RB Bethesda licensed in MD, DC and VA), so I am tracking these changes a lot more closely than your average resident. My take is that the new inventory coming onto the market, coupled with the rehab and tear down boom, is a real benefit to buyers BUT these buyers need to have a very clear sense of what their broad real estate/life goals are before they commit to a purchase.

I am going to be holding a few small coffee gatherings with people interested in buying or selling in Bethesda (and the broader Washington, DC metro market). We are going to chat about the market, the opportunities for investment and some of the big changes in the area that buyers and sellers need to know about.

If you are interested in joining one of these coffee sessions, drop me an email at raj@rajabout.com and put “RSVP coffee and real estate” in the subject line.

Cheers!

Real Estate Update

For those of you who are new to the blog, I thought I should mention that I work as a realtor for Coldwell Banker RB in Bethesda (you can see my contact info on the right margin of the blog).

From time to time I will showcase interesting Bethesda related real estate projects here at Bethesda Actually. If you want additional info on the project I have written about, or any real estate matter in the Washington Metro area, you should feel free to call me at 240 486 3921.

Cheers!

 

Big Changes to 7001 Arlington Road Concept

It seems that the US Postal Office will not be a part of the new project at 7001 Arlington Road. The USPS was scheduled to be a tenant but that will no longer be the case according to reports. This, it seems, will lead to a reimagining of the project with residential property being a bigger part of the project. It should be interesting to see how this takes shape…..stay tuned for more info!

Question About Symphony Park (North Bethesda)

Friends, I suspect that a number of you have driven by the site for the new Brownstone community being built in North Bethesda near Strathmore. Symphony Park at Strathmore bills itself as the first Integrated Arts Community in the Washington area.

I’ve started to look at the plans for the community and the preliminary designs for the homes and am quite impressed. Feel free to share your thoughts below and stay tuned for more info on the project.

PS If you can’t wait and want to talk about the details of the project feel free to call me:

(2404863921) Cheers Raj (Weichert Realtors Bethesda)

The Chase Condominiums in Bethesda

Welcome to the first in this occasional series on the condo living options in Bethesda. As mentioned last week we see this set of posts as being useful to folks thinking about taking their love of Bethesda to the next level by looking to move into the downtown area (the new and old sides!). We hope that you find this series interesting and encourage you to email us your questions or leave a comment below. Please let us know which building you would like us to cover next. Cheers!

PS As a realtor part of my focus is on condo options in Bethesda and if you are interested in buying/selling/renting a Bethesda condo feel free to give me a call at (240)486-3921 or email me at rajlaw@yahoo.com.

The Chase is a superb condominium option for anyone considering downtown Bethesda living who places a premium on location and amenities.

The Condo building is literally across the street from Bethesda metro, providing an easy commute for those who work in downtown DC for instance. The Condominiums themselves are terrific renovated residences with features that include: Wood-burning fireplaces on top floors; Granite countertops in kitchen and master bathroom; Gourmet kitchens with stainless steel appliances; Maple kitchen cabinets; Hardwood floors in living room and dining room; Track Lighting ; Balconies on all units; Full size washer and dryer and Individually controlled gas heat and air conditioning.

Building amenities include: 2 Lit Tennis Courts Outdoor Swimming Pool Outdoor Jacuzzi Outdoor Grilling Area Beautifully Landscaped Grounds Underground Garage Parking Included with Every Unit Visitor Parking Concierge Service Controlled Access Fully Equipped Fitness Center State of the Art Business Center Steps from Bethesda Metro.