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Airbnb: Stays east of the Anacostia River grew 65 percent since mid-2017

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If Airbnb is to be believed, D.C. neighborhoods east of the Anacostia River “are now experiencing more visitors and seeing an important economic lift” thanks to its platform.

That’s from a new report on east-of-the-river bookings by the online home-rental service, which has operated in the District since 2009. “Guest arrivals” in Wards 7 and 8—the city sectors that lie east of the Anacostia River—grew 65 percent from June 1, 2017 to May 31, 2018, according to Airbnb.

East-of-the-river neighborhoods saw roughly 29,300 total guest arrivals—or unique trips—during that period. They recorded about 17,680 guest arrivals during the prior 12 months.

The most popular neighborhoods for Airbnb stays east of the Anacostia River were in Ward 8: Anacostia, Buena Vista, Shipley Terrace, and Fairlawn. These were followed by Benning Ridge, Marshall Heights, and River Terrace in Ward 7. Of all those neighborhoods, Buena Vista experienced the greatest year-over-year percentage growth in guest arrivals—230 percent, with 1,730 trips in the most recent 12-month period.

Read more at Curb

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D.C.-Area Business Leaders Launch $1B Affordable Housing Challenge

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Housing affordability has become an increasingly urgent concern in D.C., and a group of business leaders is challenging the region to invest $1B over the next two years to help solve the issue.  The Housing Leaders Group of Greater Washington launched the Capital Region Housing Challenge, an effort to spur the D.C. region’s public and private sectors to each add $500M in affordable housing investments above their current baseline by the end of 2020.  Housing Leaders Group co-convenor David Bowers, also the market leader for Enterprise Community Partners, announced the challenge at Bisnow’s Metro D.C. Affordable Housing Summit Wednesday morning in a rousing call to action.  “The challenge is the call to work collectively, across sectors and geographic boundaries, to fundamentally move the baseline of thinking and investment and connect capital to solutions,” Bowers said. “Those of you that are already investing, we’re challenging you to do more.”

Read more at: https://www.bisnow.com/washington-dc/news/affordable-housing/dc-area-housing-leaders-launch-1b-affordable-housing-challenge-98112?&utm_source=outbound_pub_67&utm_campaign=outbound_issue_1571&utm_content=outbound_newsletter3&utm_medium=email?utm_source=CopyShare&utm_medium=Browser

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Anacostia Homes

Cheers at the Big Chair closing | Business owners ask ‘is it a sign of what’s to come?’

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Punjab Grill opens in DC with mirrors, marble and modern menu

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Opening Punjab Grill was a decades-long dream for Karan Singh.

“Ever since I started coming to the U.S. and saw that Indian food wasn’t so well represented here, I’ve been wanting to do something to make Indian food more of a mainstream cuisine,” said Singh, co-owner of the Tysons Corner restaurant American Tandoor and CEO of Punjab Grill US, which has locations in India, Singapore, Thailand and the United Arab Emirates.

And planning for that dream was no small feat. Unlike other restaurants that take about a year to build out their space and open their doors, Singh spent five years planning the design and development for Punjab Grill, located on 11th Street NW, just a few blocks from the White House.

Permits and construction are often to blame for opening delays, but Punjab Grill’s source of slowness had a lot to do with its aesthetics. Nearly everything in the 5,000-square-foot restaurant — from the marble floors, to the sandstone walls, to the 3-ton faceted ceiling — was built in India and shipped to the U.S.

“The floor that you’re standing on right here, it was cut and pieced together painstakingly then taken apart, numbered and sent to us. And we actually put it back together here like a jigsaw puzzle,” said Singh, who sent his American contractor to India to spend time with the artisans and builders to “coordinate everything down to the last screw.”

Read more @ WTOP

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