Evening star., 1923-10-26


CHEVY CHASE GRovE-FACTs OF INTER
est to home onnrrs and investors in these
seven united additions, AMI Of .Hte.est to all
Chevy Chase home and land owners.
Each acre befure subj vidcd contains As $50
So. II. About on@ third I4,52o 50 ft.) we
are required to donate to the city for streets
and alleys, leaving approx matcly % 040 So.
IT. in each acre for sale. TO which we have
10 add about zoe 50. ft. for streets and other
land Improvements. and in some po-ti. Ms
where there are excessive engineer nG prob
lens the cost of improvements alone is as
much as and even more than SOC a 81 TT.
Colonel ReSson. late acting Engineer Comm s.
sOner of the District of c lImb a in recent
speech at the Cosmos Ci 'b'' on Suburban
Development stated ttat 1.-THE cost Of m
pr vemenls to lots like those n Chevy Chase
Grove. D. C.. is app-oEirnately $1,000 lo'."
There are about of such lots TO each acre
after de- iuct ng streets and alleys.
We purcha hased first acreage in Chevy
Chase about IL years ago. when prices were
very low compared to acreare values now in
corresponding localities. Our fl ST purchase
street was at $4,000 an acre. Oar second pur-
chase west Of Conn ave. and so IN Of l. v
more east of Conn. ave. at SO 800 an acre. and
portion of excee lingly hi,ly. rough AMI
rocky land at s1,5Oee an acre. At the present
increased val of acreage could not
market lots in a new addition TO Chevy Chase.
ID. G.. Mt less than so: 10 75c So IT, VIII .ch
we hear are the prices asked and being OBJ
tained for new subdivision on the west de
OF Conn ave irs+ south of the "blit up
po ton" Of Chevy Chas:. p: G.. u-
Except sm.sll port on NOT owned by us
thin said borndI icsl: No thprr bo ndary.
Rit enhouse street and Rock Creek Ford road;
eastern boundary. Rock Greek Park; southern
boundary, Carnegie b.. Id ng and Kook TX
s rect: western boundary. Belt road. These
l. 500 ZONES and hcme SITES of about SO miles
IL the LARGEST individ al enterpr of its kind
N the history of Washn :tcn. Great ng an
asset from the original $500 GOO worth of
worth probably $50 900 600. adding mo e than
SO. .000. 900 worth of rev capital to this
ne ghborhOod VIII ch e"p'tGl WI c Mt nue. to
grow. and likewise continue to benefit your
Investment and the ent re community
To show how this development has greatly
inc-eased valres within the aforesa d hound
/ aries and neighboring acreage for miles around
the business zone" In the two blocks no!th
of Morrison street are already built r with
"cha;n stores" theater and bank, and we do
not believe Won could buy one of these 5O-foot
"bus ness lots" which we sold around Sl,SU
to $1,000 at less than st3 o0o plus the cost Of
the buildings. We challenge any one to find
this reco OF incre isel v'lres n ny sim lar
subdiv son ever opened up around Washing
ton. Could We offer any better proof OF the
accrue to those who have the pat ence and
foresight to await the hailding up of all of
these addti Ms like our nearly completely
built Up first addit ons to Chevy Chase. wh ch.
however hive nothing like fully reached their
zen tn of yalJe?
3 ores under const.Uc on on the z additions,
together with the following grading. street
bni'dins ami saewa "qr nnfnt; averaging
terms laborers and mechanics, one wheel
scoop gang doing the Ii ;hter grading and
sloL ng one tractor, seeding and fertilizer
gang one sidewalk machine with necess ~
iaborsrs and mechanics. one dynam te gang,
and part of the me- sewer and water man
anA mqcadamiZng gang.
About 500 Of all the grading. street and
sidewalk const uef on nf the 4 add Il ms las
been completed. and we hope to have the
eastern port on of these y. operties bHilt UP
with benut ful hcines, ke the central and
western portions. thin the next few years.
All ne sons owning ther homes or lots
within the aforesaid boundaries and the nj
jo'n ne ghbors have standing invitation
to call Man 1921 for an appointment 10 motor
over this subdivision with the writer to see
the past and present growth Of T. is "beauti-
fui suburban ety." You can help yoar own
community aud Investment by acceping th!;
inv tat on, whereby yoi will 'learn first hand
ms to the progress OF the plan whereby We are
converting your neighborhood into ''com-
pleted suburban CITY," We invite your con-
st uct.ve or tic sm, which VII aid US in
speedily completing this suburban city. which
will accommodate population Of 10000.
! FULTON *. G0RE9N,
Colorado Bldg. Man 1231.