The Sunday herald and weekly national intelligencer., 1891-05-31
GOOD EFFECT ON REAL Es TATE
The Closing of Saloons Causing Boom
About Soldiers, Home.

The Closing of Saloons Causing Boom
About Soldiers Home.
The act of Congress closing all saloons or
places where intoxicants are sold within one
mile from the Soldiers Home grounds has
brought to the notice of investors and specu-
lators all that broad area of land bordering
along Seventh street, extended, or Bright
wood avenue, and as result values there
abouts are assuming somewhat of their nor
NAL condition. Heretofore the trade traffic
along this avenue from Boundary up to the
Rock Creek Church road has been confined to
large extent on the west side to groggeries
and third-class grocery stores, the principal
features of which were sample-rooms Down
near the Boundary there was a perfect nest of
these miserable resorts, and here not only the
old soldiers were enabled to squander their
money, but toughs of the hardest classes con-
gregated in an atmosphere most congenial to
their tastes. This condition of affairs having
existed for so many years directly at one of
the principal outlets of the city it was but
natural that the fringe of inferior houses
which consequently grew along the Seventh
street road should cut off from the market all
that fine broad stretch of land lying to the
west, which must some day become of great
value.
The fatal blow, however, has been given
by Congress to these retarding influences, and
henceforth values through this section move
upward. The good effect has already been
felt. The Schutzen Park, which sold about
two months ago, could not have brought its
price of 100000 had it not been that the pur-
chasers were discounting the near future,
and the large block of ground opposite would
not have been purchased recently by the syn
dicate of shrewd Congressman at forty cents
per foot without fair knowledge of what is
to come.
Besides all of the ground lying between
Seventh street and Sherman avenue, above
Boundary, there is subdivision about which
people have been but little advised. 1t is
known as the Petworth Addition to the City
of Washington, and contains something over
200 acres of ground. Petworth commences at
the intersection of the Rock Creek Church
road and Seventh street, and runs along
Brightwood avenue for nearly half mile.
The property is owned by a large syndicate
composed of the leading business men OF
Washington, and has already cost its owners
something over 100000. The subdivision is
in exact conformity with the plan of the city,
and contains some beautiful sites for dwell
ings. 1t will probably not be placed on the
market for several years to come.
There are many other fine tracts of land
along this street, some of which are being sub
divided, and some of which have been waiting
for the improvement of the direct entrance to
the city, which is now assured.
Will Make Washington His Home.
Hon. e. b. Grandin, of Pennsylvania, has
decided to locate permanently in this city.
During the past winter he has resided at the
Shoreham with his family, and, becoming i'm
pressed with the beauties and attractiveness
of the city, made up his mind to make Wash
ington his future home. Last week he pur-
chased three large lots or Sixteenth street, be-
tween and Q streets, and upon them he con-
templates erecting a magnificent residence.
Mr. Grandin is millionaire many times over,
and the owner of one of the largest wheat
farms in the world. 1t is located In Dakota
and contains about 20, 600 acres Some of the
fields are from 10000 to 10000 acres in area,
and from them between 100000 aud 400, 600
bushels of wheat are annually marketed. Mr..
GTandin also has large interests in the oil