On Dec. 12, I reported on an early vision to transform a lot near the corner of 11th and U streets NW into a 10-story residential building. What we did not know at the time was whether the property's owner, Industrial Bank, planned to tackle the project itself, or if it had locked up a buyer. We now know. D.C.-based Neighborhood Development Co. has acquired 2002 11th St. NW for $2.2 million, according to new filings with the Recorder of Deeds. The 3,423-square-foot parcel, which has an assessed…
