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Washington, D.C., is undergoing an urban renaissance. Assorted prospectors are churning old, depressed housing stock into prettified single-family homes and condominiums and then selling them for top dollar. For the most part, this urban renewal avoids any design risks--only kitchens and their stainless steel finishes reflect any Modern sensibilities. DIVISION ONE, a young Rockville, Md., firm, plans to change all that. "Our main goal is to bring contemporary architecture into the city," says principal Ali Honarkar.
He and partners Mustafa Ali Nouri and Craig Williams have already designed and developed a five-unit townhouse development, Logan Heights, in the rapidly…
Source: HighBeam Research, Capital gains. (Home front: tips and trends from the world of...