DC Metrocentric

Check out this cool master plan design that we just got from a tipster for the area around the Eisenhower Station in Alexandria. This is apparently a master plan created by EE&K Architects to guide the future development of the 280 acres of land surrounding the Eisenhower Ave Metro station. It’s interesting because you can see a proposed new street grid that creates more of an urban environment and replaces what is currently mostly parking lots.

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Looks like DC’s mega mansions aren’t selling like the were in 2006! Remember that nice eight bedroom in Kalorama that we featured in our little Pricechecker game way back in November? After being on the market for A FULL YEAR at close to $6 million they finally chopped off an even million dollars bringing the price to $4,995,000… talk about following the market down.

Well it looks like we were right about the Jones Lang LaSalle Inc. and Staubach Co. gossip we told you about two weeks ago. It was just announced that  Jones Lang LaSalle will pay $613 million for all the outstanding capital stock of Staubach Co.

Since Staubach Co was founded by the former Dallas Cowboys star, people in the DC area (and Redskins fans everywhere) will be happy to know that the new company will still only be called Jones Lang LaSalle and won’t be including the Staubach name in any capacity.

Jones Lang LaSalle has been on an acquisition tear lately and the real estate slow down doesn’t seem to have had much of an effect, according to the WBJ this is their 28th acquisition since 2006.

Ted Koppel, the former “Nightline” host, has cut the price on his Potomac-front house yet again! The house has been on the market since 2005 when it was originally listed for $4.1 million and he’s now asking for only $1.94 million for the nearly 9,000-square-foot spread.

We understand that $2 million is a lot of money, but it seems like this house shouldn’t be having such a hard time selling. The thing has an indoor pool, a gym with a sauna, a horse barn, and it has river views. We have seen way smaller places go for much more, so we are not sure what’s going on here… maybe the place smells like old people? [via Perez Hilton]

 Real Estate Giants May Merge - We just got word from a tipster that Jones Lang LaSalle Inc. and Staubach Co. two of the DC areas largest real estate firms have formally been in talks to merge. This is huge news for the commercial real estate market and though we have heard rumors about this consolidation in the past, an announcement could come as early as next week. [DCMetrocentric]