Several readers have asked for an update on this. As we told you first, the old Royal Street Bus Barn (Garage) in the Old Town North neighborhood of Alexandria, Virginia, was selected for bidding by developers. The first round of bidding was due by 3:00 PM on Friday, July 17.
WMATA has received a high bid (PDF) of $25,100,009 for the property. The three highest bidders now have until July 31, 2015 to submit their final bids.