Douglas Development's celebrated and historic mixed use project at Ninth and N Streets, Northwest, will soon be home to the headquarters of Independence Bank and a retail bank branch of the same. As I walked up the 1200 block of Connecticut Avenue last night, I saw the attached sign in their window announcing that their move to Shaw should occur at the end of this month. It appears that the build-out of their space will commence this week (permits were approved yesterday), so it could be a tight deadline to make.
I think lower Ninth Street should benefit from being home to the headquarters of a bank. The bank will likely be a strong corporate partner in its continued renewal and will bring patrons to the area during the daytime.