3400 block of Q St.
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The Georgetown Metropolis
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When Rents Were Reasonable
This week, the website DC Urban Turf dug up a wonderful map from the Library of Congress that shows the prevailing rents for each block in the city as of 1937. GM wanted to focus on what this map says specifically about Georgetown, and how much more affordable of an neighborhood it was then.
The selection above shows Georgetown. This is the legend for the colors:
Of course these numbers are 1937 era costs. To relate to our present day you need to adjust the prices for inflation. This is what the consumer price index inflation calculation produces for the colors:
- Yellow: Less than $356
- Orange: $356 – $517
- Green: $517 – $695
- Brown: $695 – $873
- Blue: $873 – $1336
- Red: $1336 – $ 1764
- Purple: Over $1764
As you can see from the map, large swaths of Georgetown were Orange, Green, and Brown, suggesting rents in today’s dollars of $356 – $873. That would be a pretty good price!
But inflation calculators can sometimes be deceiving, particularly for real estate. And the fact that the top color starts at $1764 (which is not exactly a premium rent by today’s standards) suggests that the adjusted numbers aren’t quite right. Continue reading
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The Morning Metropolitan
Photo by Pelican.
Good morning Georgetown, here’s the latest:
- The funniest headstone at Oak Hill.
- The stone lions at this house always seemed a bit silly to GM, but not to whoever just dropped $7 mil, apparently.
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Yet Another Coffee Shop, But With a Twist
Yet another coffee shop is on its way to Georgetown. But this one comes with a twist. It is Spero Coffee and it will be located at 3255 Water St.
The coffee shop will be an extension of Veritas City Church, which was opened at this location two years ago. The evangelical church is opening Spero Coffee as a “weekend coffee house that will provide transitional employment to homeless men, women, and teenagers.” It is scheduled to open Easter.
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The Morning Metropolitan
Photo by Amaury Laporte.
Good morning Georgetown, here’s the latest:
- Interesting summary of the challenges facing Georgetown’s dining scene.
- Reminder: Your input sought for Jelleff Recreation Center’s future.
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New Neighborhood Market Coming, WITH BAGELS
It was just last week that GM was passing on the news of the closing of Le Petite Corner Store, the neighborhood market at 34th and Dent. But good news is already on the horizon: a new market will open in its place. It will be called Dent Place Market and it is targeting a late February opening.
Here is what it is promising:
The market is located in historical Georgetown on the corner of Dent Place and 34th Street. Dent Place Market wants to honor the spirit of Georgetown while redefining what a neighborhood market sells. Great wine, local craft beer, innovative snacks, fresh pastries, Bullfrog Bagels, and Compass coffee is just a start to what you’ll find at Dent Place.
Coming soon in February 2019!
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Morning Metropolitan
Photo by Warren LeMay.
Good morning Georgetown, here’s the latest:
- Your opinion sought! Please take this survey on the future of Jelleff Recreation Center, and what you’d like to see there.
- Restaurant week is extended, so go out and help support our local restaurants!
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