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@Gull, Thayer-D

I totally agree. I don't think there's likely enough room to accommodate the amount of supply needed to stabilize or even lower rents in downtown Silver Spring WITHIN downtown Silver Spring. It'll have to be accommodated in other places that offer some of the same locational benefits (transit, walkability, proximity to other stuff), like Wheaton or White Flint or Hyattsville.

Or upper Georgia Avenue in DC (like Brightwood and Takoma), which is closer to DTSS than it is downtown DC but hasn't really benefitted from the redevelopment of DTSS in quite the same way as areas in Montgomery County. As Patrick pointed out, schools and crime (or the perception of schools and crime) is a big factor, and if it weren't for those two things, you'd see luxury apartments sprouting up across Eastern Avenue.

by dan reed! on Jan 28, 2013 2:57 pm • linkreport

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