Silver Spring Development Has 'Upside Potential'
A business special of the Washington Post puts the neighborhood in the second-tier of development "boom" potential.
What kind of "boom" potential does Silver Spring have? According to a ranking from the Washington Post's Capital Business section, downtown is in the middle tier of DC-area boom towns. Evaluating 18 neighborhoods in the District, Maryland and Virginia, the Post called on real estate scholar Christopher B. Leinberger to rate the growth potential of each area. Strong potential is noted with a "blue chip" label, followed by areas with "upside potential," or moderate potential, and then areas that Leinberger said had weak potential were called "lagging." According to Leinberger, Silver Spring has "upside potential." Here's what was written: The most racially diverse of the region’s urban neighborhoods, Silver Spring’s downtown has achieved a …
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jag
2:52 pm on Wednesday, November 14, 2012
Odd that low rents (relative to downtown DC, that is. Obviously those rent number are high for just about everywhere else) would be considered a negative. Being relatively affordable is exactly how we've maintained our diversity throughout our "massive turnaround" process. more ›