The on-site demolition has already started, and Fairfield Residential is making plans to start construction on its $85 million residential project at 5400 S. Columbia Pike in Arlington this Summer. Columbia Village will replace an old office and retail building, and will be a 10-story, 235-unit apartment building, with 7,000 sf of retail on the ground floor. In addition, the proposed $150 million streetcar system that is planned for a five-mile stretch along Columbia Pike between Pentagon City and Skyline in Fairfax is expected to have a stop in front of Columbia Village. Delivery of this apartment building is expected by Summer 2009.
Monday, March 05, 2007
Columbia Village Project to Break Ground This Summer
The on-site demolition has already started, and Fairfield Residential is making plans to start construction on its $85 million residential project at 5400 S. Columbia Pike in Arlington this Summer. Columbia Village will replace an old office and retail building, and will be a 10-story, 235-unit apartment building, with 7,000 sf of retail on the ground floor. In addition, the proposed $150 million streetcar system that is planned for a five-mile stretch along Columbia Pike between Pentagon City and Skyline in Fairfax is expected to have a stop in front of Columbia Village. Delivery of this apartment building is expected by Summer 2009.
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6 comments:
Great site! One question, what triggers the addition of an event being added to your blog? I was curious about an unrelated project in North Bethesda called Rock Spring Center? Something must be happening there, but can't figure it out.
Thanks. We rely on scanning the trade papers, word of mouth, gossip, driving past construction sites and going "hmmm", and questions like your! Send along any other details you might know, and we will do some digging. Thanks!
Thanks Nick, here's what I know: 52 acres, developer is Penrose, was last suppose to be a Canyon Ranch Living condo with mixed uses, but isn't now...there was a tower crane erected two years ago, but sat idle the entire time, now it is gone! That's is about all I know.
This is probably the location of the next phase of the Rock Spring Center project, which has been approved for a 157-room hotel, 90,000-square-feet wellness center and a 87-unit multi-family building in the northwest quadrant of the intersection of Old Georgetown Road and Rock Spring Drive. Will see if I can locate more info to verify it.
Thanks Nick...my understanding is that all of that was passed on by the developer due to cost (i.e. Canyon Ranch Living). I haven't read anything since! Thanks again.
Nick, Canyon Ranch had committed to the deal, backed out, recommitted and backed out a second time. Penrose was touting this as a location for some very high brow retail as well - to compete directly with Friendship Heights / Chevy Chase ... on line with Fairfax Square on Route 7 near Tysons I ... It got a bit of press ink in the Washington Post at the time ... for now, it just sits as I drive by daily but the rest of the Rock Spring area seems to still be booming with office and the existing rental housing is doing well too ...
http://www.canyonranch.com/pressroom/release-13.aspx
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