A Major Inflection Point at the Southern Avenue Metro: Why Petra Development’s “The Promise” Could Redefine the Corridor

Posted by Chris Colgan on November 18th, 2025

Source Credit: Reporting by Ana Lucía Murillo, Washington Business Journal (Nov. 5, 2025).
This post is written independently by Chris Colgan, providing strategic insight and market context.

For years, the area surrounding the Southern Avenue Metro station has been a transit-rich location with development potential that remained largely untapped. Now, that appears to be changing in a significant way.

Petra Development is advancing a massive mixed-use project known as The Promise, and if built as envisioned, it will likely become one of the most transformative infill developments in the Washington region in decades.

We’re talking: 1,500+ residential units, anchored retail, daycare, a grocery store, all positioned next to a Metro station that has…

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The Commanders Just Picked Their Stadium Architect — And It Changes Everything for D.C.

Posted by Chris Colgan on November 13th, 2025

The Washington Commanders just took their first real step toward a new home: the team has selected HKS — one of the world’s top stadium designers — to lead the vision for a 65,000-seat domed stadium at the RFK site in Washington, D.C.

According to reporting from the Washington Business Journal, this selection marks the team's first major commitment toward creating a modern, fully enclosed NFL venue that can anchor year-round entertainment and redevelopment.

This is the moment fans, developers, and city leaders have been waiting for. And if you follow real estate or regional growth, this project is about a lot more than football.

Why This Matters: HKS Doesn’t Build “Regular” Stadiums

HKS is the firm behind some of the most talked-about venues in…

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Why More Northern Virginia Sellers Are Pulling Their Homes Off the Market

Posted by Chris Colgan on September 26th, 2025

Why More Northern Virginia Sellers Are Pulling Their Homes Off the Market

A practical look at why delistings are up, what’s shifting with mortgage-rate lock, and how buyers and sellers should adjust in today’s slower market.

The housing market across the Mid-Atlantic—and especially here in Northern Virginia—is in transition. Lately, more sellers are taking homes off the market rather than adjust to what buyers are willing to pay. I’m in the trenches daily with my team, and we’re seeing it first-hand.

A Quiet Rise in Delistings

In August 2025, nearly 3,000 listings were withdrawn across the Bright MLS region—about a 25% increase year over year. For every 100 new listings, roughly 13 were pulled from the market, up from about 10…

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