In that area, there are a lot of parking lots. An area that was supposed to boom after City Vista and other developments were built, it was somewhat stalled when the recession hit, causing development to slow down a bit.
Douglas Development is about to change that, at least at this one parking lot. Hopefully their new building will connect Penn Quarter to City Vista with more continuity of development.
Their new mixed-use development at 450 K Street N.W. will look like this:
Construction is set to begin this year.