Morning Update

It Used To Be No Man's Land: But now H street Northeast is a hot spot with Louis Dreyfus Property Group planning a retail and residential called Capitol Place, to be located between Second and Third and G and H streets NE, Washington Business Journal reports. The project features 55,000 sf of retail and 305 condos. Its across the street from Abdo's children's museum project. Papers are on file.

Closing costs on a $180,000 loan in DC are about $100 more than the national average, says Bankrate. ...Michael Stevens will leave his job next month as chief executive of the Washington DC Economic Partnership, which markets DC to businesses and developers, said the WP's From the Ground Up. ...WMATA is preparing for a possible "yes" vote on the stadium lease, while Rep. Tom Davis advocates for approval of the lease, says WJLA. ...The Washington Times says restaurant sales are expected to increase 5.4 percent in DC in 2006, according to the National Restaurant Association.