Always like to see this: developers are renovating an abandoned building at 3517 13th St NW. Right now it's just a shell, but it's going to be called The Crest and will have 9 units.
Valor Development is the company working on it, and it's supposed to be for sale in Spring and sold in Fall 2010, so we'll see. The website says there will be hard hat tours soon.
Before and planned after pictures here: