Inventory levels in Arlington 22204

Inventory issues in and around Arlington Virginia are less a concern in the Columbia Pike neighborhood than in others. What does this mean? There hasn’t been a drop-off in listings over the past month or so, so buyers still have pretty good choice. Except you can see how the number of listings have really dropped off since the end of 2008…

Prices over time in Arlington, VA 22204

Shirlington Condos and Townhouses

West Village of Shirlington announces their lowest prices ever

 

West Village of Shirlington

These West Village condos and townhomes are really very nice, and the developers are now trying to wrap things up.  They want to be outta there, and that’s always a good time for buyers to snap up some bargains.  One bedrooms that used to be priced as $359,000 are now going for $275,000.  Two bedroom condos were priced earlier at $427,000; now they’re priced at $353,000.  Those townhomes were initially priced at $505,000.  Now they are priced at $420,000.  And you can still negotiate on price.

We’re talking stainless steel, granite, modern fixtures, nice space, good layout, and walking distance to Shirlington.  These homes are located on Four Mile Run Drive in Arlington, VA 22204.

Perfect for First Time Home Buyers in Arlington.

Perfect Penrose

Arlington County Board Approves Public Square for Columbia Pike

The Arlington County Board just approved the master plan for Penrose Square, the first and largest of three new squares planned for Columbia Pike’s Town Center that are key to the County’s efforts to transform the Pike.

The 33,000 sq. ft. square will be located on the north side of Columbia Pike between South Cleveland and South Barton Streets in what are now the existing surface parking lots of the Adams Square and Fillmore Shopping Centers. The square will face south, fronting on Columbia Pike.

The square’s design was developed by a 12-member citizen Working Group appointed by the Board. The idea was to create a space that would draw the community together to socialize, dine, relax or recreate.
Main elements of the design include:

* Bosque (tree-covered) terrace with movable seats and tables
* Centrally located paved plaza
* Low seating wall and step feature
* Zero-depth, interactive water fountain
* Two mounded lawn areas that provide casual seating options
* Custom retaining walls along Columbia Pike and South Cleveland Street
* Public art features that relates to local history

Phasing it in

The square will be built in two phases. Phase I will consist of a 17,760-sq. ft. parcel which represents the eastern half of the square. Construction of Phase I is expected to begin in mid-2010 and has an estimated cost of $2.2 million.

Phase II will be provided by and coordinated with the future redevelopment of the Fillmore Shopping Center site. Although a construction date for the second portion of the square is not yet determined, it is projected to cost an additional $2 million.
They’ve been talking about the revitalization of Columbia Pike for as long as I can remember. Looks like something might actually happen about it!

Columbia Pike Corridor and Beyond

Though most people tend to think of the corridor of businesses and condominium buildings along “the Pike” as it’s affectionately called, there is much, much more to be found in this Arlington zip.  Perhaps the most interesting and exciting thing to be found here is potential.  

There is a lot going on in 22204 — great neighborhoods, wonderful homes, terrific condos, and a fantastic variety of shopping opportunities.  I look forward to sharing more details about many of these terrific neighborhoods on this blog.