NoMa Homes For Sale in Washington DC
The term NoMa stands for North of Massachusetts Avenue. While once synonymous with a brand and a revitalization effort, it is now also known as an actual neighborhood located east of Mt. Vernon Square and south of Eckington. More specifically, it refers to land bounded by Q and R Streets to the north, North Capitol Street to the west, Union Station to the south and Third Street NE to the east. It also refers to a Business Improvement District and in many ways, is a catch-all phrase to describe a process of urban renewal that began in the 1990's and greatly accelerated in the early part of the 2000's. The City Council formally created the NoMa Business Improvement District in 2007, giving added weight to the longstanding efforts of the business community. For more information about NoMa homes for sale in Washington DC, call District Partners at Compass, (202) 798-3600!
NoMa Homes For Sale in Washington DC
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More About NoMa Homes For Sale in Washington DC
Once a neighborhood of Irish immigrants, the NoMa area changed dramatically when Union Station and its rail lines were constructed in the early 1900's. By the 1970's and 80's, the world-famous Washington Union Station and grand terminal were showing signs of aging and decay, and went through a lengthy restoration process. At the same time, the surrounding neighborhood with its commercial buildings and warehouses were suffering from urban blight. The term NoMa served to identify a large-scale effort to attract new business through commercial development, including office buildings and the type of upscale condos for sale that are prevalent in other parts of the city, including multi-use projects melding living and retail space.
One of the pioneering models of the NoMa movement was XM Satellite Radio which opened its headquarters in 2000. In 2004, the opening of the New York Avenue Metro station further kick-started development efforts. The station has since been renamed NoMa-Galludet U. Office buildings and commercial space continued their construction and as the area filled with new employees, the residential phase began. The Loree Grand and Senate Square are examples of upscale apartment buildings that have prospered. New mixed-used retail and residential projects include the 404-unit Washington Gateway and the Walmart building with its proposed 303 residential lease units.
To date, there aren't a huge number of homes for sale in NoMa, as developers have concentrated on offices, retail, restaurants and apartments for lease. The few properties that do come on the market are from a cluster of row houses built around 1900, at the east end of the neighborhood. As NoMa continues to evolve however, new units for sale are bound to become part of the landscape. In fact, a 39-unit condo project at Third and L Street is currently in the works. While expansion efforts have been impressive so far, it's only the beginning - 6,500 more units are anticipated over the coming years. From shopping to restaurants, and office buildings to incoming residents, NoMa is a major part of Washington, DC's expansion plans.
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2018.
Listing information last updated on December 19th, 2018 at 9:17am EST.