Evening star., 1921-12-17

| fare sustaining the most rapid growth
from busines standpoint, according
to a survey of the street recently
made by a representative of The Star
| Dating from the first invasion of this
| residential section several years ago
when the Wardman building and the
corner structure adjoining broke into
the block, numerous changes have
been effected from time to time. and
| these, with building projects totalinS
| millions of dollars in course OF COM
pletion or contemplated, will work
what would be a startling result in
| the eyes of those who first built
| their homes in this locality.
Starting at 14th street and walking
west on X street, The Star repre-
1 sentative noted first the scene of
activity on the site of the old Hamil-
ton Hotel. where a new eleven story
hotel is going up Further along the
| block it was recalled that a local in
vestor some time ago acquired the oid
| residences adjoining the Department
of Justice, with view to erecting
tall Office building there. Across the
! street, on the northwest corner OF
Vermont avenue and X street, signs
Of prominent realtors office indi-
cate that this fine old home has been
| turned into a realty beehive" Next
door the large brownstone residence.
/ 1890 K street, serves as headquarters
for the George Washington University
Law School.
Many Other Projects.
| A number of remodeling projects in
the 1900 block. on the south side, were
noted Next door to the whitestone
Redmond building was seen the Office
of builder and architect, and on the
southeast corner was a realty office.
all turned from residential to business
uses. On the north side, at first glance.
it appeared that the habitations re-
NAMED intact, but it was then recol-
Elected that a hostelry Of ten OF eleven
! stories and costing several millions
Of dollars is planned on the Warder
property site.
! Similarly, on I and H streets the
| process of remodeling and rebuilding
| was well advanced. Four new lime
stone fronts appear on the south side
| of l between 14th and 18th streets.
and several real estate and business
| offices are on the opposite side in old
dwellings. H street has virtually no
appearance of having been once resi-
Dental.
Reasons for Changes.
| In this connection r. L. Mckeever.
local realtor, said as to the reasons
for these changes:
] Washington" has outgrown In popu-
lation. the size of the present business
district like the small boy, is beginning
! to show evidence of growing pains
The central business district has to
expand. and is expanding. Already
| some of the smaller firms are moving
off F and G streets to nearby side
streets, and this movement is rapidly
taking the city out of the class of the
one or two business street towns
"The demand for + and G street
| properties from firms outside OF the
/; city as well as in Washington Is so
| great and it is so exceedingly diff
| cult to find any property on either or
| these streets of which possession can
be had by the purchaser that the
prices of the limited few available
must necessarily become very high
and increase accordingly as the years
go by.
TT is easily seen and easier to
prophesy that as the older dwellings
are replaced with store and Office
buildings values will enhance very
rapidly 1t is to these districts that
the long-headed investor is now cast
ing his eye with a idea of future, and
not very far distant. profits.