Today's DC Examiner
reports that Nationals Park
, with its nearly $1 billion new assessed value, is the most valuable property in Washington, "roughly $4 million more than the city's assessment of the White House, $400 million more than the U.S. Capitol and $550 million more than either the Library of Congress or the Verizon Center." The article also notes that the land beneath the stadium has a higher value than the building itself ($511 million to $489 million).
It then segues into how the ballpark assessment has helped to raise the total value of Near Southeast by $1.5 billion just since last year, as reported on a local blog
. "'I think at heart is just the reality that finished buildings are assessed higher than unfinished lots, and Near Southeast had five buildings and the ballpark finished in the past year,' Dupree said in an e-mail. 'Some of the buildings that have been standing for a few years did see their assessments decrease.' 'Still,' she added, 'going from $221 million to $6 billion in nine years is quite a leap.' "
There's also this quote from councilmember Kwame Brown: "'The economy is down but the area is hot,' Brown said. 'It'll only get better."