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Headlines: A Renaissance in Ivy City; what you need to know about Dupont Underground

Here’s a look at what’s happening in real estate in and around the District of Columbia.

The Ivy City renaissance

But beginning around 2012, Ivy City’s fortunes began to change: Its location near the burgeoning Union Market area began to attract the interest of area developers. -Urban Turf

What you need to know about Dupont Underground, opening in July

The 13,800-square-foot east platform of the subterranean trolley station, Dupont Underground, is expected to open this July as a visual art and performance space. -Curbed DC

In hot housing, 6 ways to win a bidding war

One-third of all U.S. properties sold in March went at or above asking price, according to the National Association of Realtors. That’s hot. So how do you emerge the winner in a bidding battle? -CNBC

Designed by iconic architect, industrial-chic building comes to Shaw

The condominium in Northwest Washington’s Shaw neighborhood was built by the JBG Companies and Walton Street Capital and designed by architect Morris Adjmi, best known for his buildings in the Meatpacking District along the High Line in Manhattan. -Washington Post

George Lucas wants to build affordable housing in wealthy suburb

As proposed, 120 units will be reserved for people whose income falls between $65,700 and $101,400 a year, according to PEP Housing, a local non-profit group. The county’s median household income is $90,000 according to the Census Bureau. -CNN Money