Monday, June 21, 2010

Affordable Housing Comes to the Peck Site


Tomorrow the fulfillment of promised affordable housing in Ballston will be one step closer as developer AHC Inc. "breaks ground" on a parcel that was once part of the Bob Peck Dealership and Showroom site in Ballston. The project, thanks to a creative land swap between JBG and AHC during the planning process, will bring 90 units of affordable housing within a quarter mile of the Ballston Metro Station, 66 more than would have been possible without the swap. Tomorrow's celebration is not exactly a traditional groundbreaking, as JBG already began construction on the neighboring office building and the parking garage that will sit below the new residential project. But who doesn't love a party?

Designed by Bonstra Haresign Architects and developed by AHC, on a portion of the JBG Companies' land, the new building will sit on top of the 600+ space garage, which will largely serve JBG's office building. Work on the garage by JBG's general contractor, Clark Construction, is nearly complete and in July, AHC and Harkins Builders will begin work on the four-story affordable residential project. According to Curtis Adams of AHC, the project should deliver by summer of 2011.

The land swap made for "complicated real estate" admitted Adams, but "everyone agrees that the best land use came about in the end." AHC originally owned Jordan Manor, which sat across the street at Wilson Boulevard and North Wakefield Street, and wanted to develop a denser project than planning would likely allow. Nearby, JBG sought a lower density residential project to neighbor its large office project. So after some prodding and negotiating, they swapped, keeping the density all on one site. JBG will develop 28 townhouses on AHC's 1.1-acre Jordan Manor Site, keeping it lower density.

The entire development on the "Peck site" will deliver two office buildings with over 400,000 s.f. of office space (pictured at right) and 36,000 s.f. of ground floor retail space, designed by Cooper Carry.

Arlington, Virginia real estate development news

2 comments:

IMGoph on Jun 22, 2010, 5:48:00 PM said...

why no link to a google map here? it would help a bit for those of us who aren't familiar with ballston.

John said...

JBG has finally restarted construction to finish 800 N. Glebe! With any luck it will be done in around a year http://www.800northglebe.com/

 

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