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Question: How did the real estate market for the second half of 2020 compare to 2019 in the City of Alexandria?

Answer: The City of Alexandria rebounded from COVID-19’s impact on the market, but as is true for other close-in jurisdictions, that rebound has been a little uneven.


News

It was a cold and snowy week in Alexandria.

Our top story this week was on plans to redevelop the GenOn power plant in Old Town North. It looks like deconstruction of the plant will start in 2023 and developers are looking at converting it into an urban, mixed-use property with housing.


News

It was a cold week in Alexandria.

With bits of snow and temperatures hovering at around freezing, our top story this week was on Allison Priebe, the local business owner who was robbed while pumping gas in Old Town. Police later released suspect photos and advise anyone pumping gas to keep their keys with them and lock their vehicles.


News

City staff said at a meeting earlier this week that, for the local real estate market, it is both the best of times and the worst of times.

While Alexandria’s taxable property value continued to increase dramatically, on the ground property owners face very different realities in the city based on whether that property is residential or commercial.


News

(Updated 2/11) One of the prominent office buildings in the Mark Center, 2001 N. Beauregard, has been sold for $71.7 million to a Mexican real estate investment firm..

The Mark Center is a West End office park that served as a hub for Department of Defense offices before 2005 Base Realignment and Closure forced many of those offices to relocate to more secure facilities.


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