Unforgettable: The New Alexandria Skyline

The forgettable glimpse you see of Alexandria today as you whiz by on the beltway could one day be transformed into a striking world of glass towers, reaching upwards of 30 stories into the northern Virginia skyline. A new mixed-use project, pending approval, would create a defining skyline for the City of Alexandria, add a revitalized metro entrance at Eisenhower Avenue and create over a million s.f. of retail and residential on what is currently a surface parking lot. Hoffman Towers, the residential and retail portion of Hoffman Town Center, will go for review before Alexandria's various planning entities throughout April. The future building sites are on the 11th and 12th block of Eisenhower Avenue next to the metro station.

The Hoffman Company's creatively named Hoffman Towers will deliver an estimated 1,200 new rental apartments and upwards of 70,000 s.f. of retail, likely to include a 50,000 s.f. Harris Teeter grocery store. The plan for Block 11 is one massive building with two towers: the east tower will reach 22 stories and the west tower, adjacent to the metro, will rise 31 stories. The west tower will measure in at 370 feet in height, making it one of the tallest building in the DC area. Five levels of below-grade parking will provide over 700 spaces. A surface parking lot will also remain on part of the block to serve the grocer - apparently state utility power lines overhead render the site unusable for construction. Block 12 will also house a behemoth, a 28-story building with nearly 800 below-grade and surface parking spaces.

Designed by Davis Carter Scott Architects, the towers received a bit of a beating from the Design Review Board (DRB) in July and November 2009. The DRB critiqued the massing of the buildings as "boxy" with all three towers at the same height and commented on the problems with the depth and frontages of proposed retail. Particularly problematic was the design for the Harris Teeter, which planners described as not being "fully integrated with the project or the Eisenhower East neighborhood" because the store faced inward, rather than fronting a main street. But since then, the developer and architects seem to have made sufficient changes to warrant a DRB approval and move forward with planning review.

The planning staff report describes the updated design as "slim, very tall towers" of masonry and glass. Though originally designed to be broader and shorter and uniform in height, the planning staff requested for a less boxy design. To avoid the "plateau" appearance, the new articulation provides a gradual step down in building height as the block moves away from the Metro. Staff said the buildings will be a "symbol of the transformation of the Eisenhower valley."

In exchange for height and density exceptions, the developer is providing 50,000 s.f. of residential space for upwards of 50 units of affordable housing. Additionally, Hoffman will donate $3.3 million to the city's affordable housing coffers. The developers have agreed to aim for LEED certification or a similar standard set by the Green Globes program.

Hoffman recently reached an agreement with WMATA on the Eisenhower Metro improvements. The development rights for the station belong to the Hoffman family, who in 1978 gave to WMATA the property that became the Eisenhower Metro. WMATA will handle station improvements through existing grants. Hoffman will redesign the area on the surface, including reworking the bus and taxi circulation and relocating the Kiss & Ride lot. Design and construction of Eisenhower Station Square, a large open public space adjacent to the new and improved Metro station, will be a joint effort.

New skyline, new residential, new metro, oh my! It sounds too good to be true, and odds are the project is a long way off. You can continue to blink as you pass Alexandria on your commute.

Alexandria Virginia real estate and development news

Archstone Pushes the Envelope with NoMa Residential

Archstone says it will break ground in April on one of the first new developments to do so in the "downtown core" this year, increasing residential space in NoMa by over 50 percent. Archstone's 469 rental residential units, which will replace a surface parking lot at 1st and M Streets, NE, will be the first of two phases; the total project will bring 1.5 million s.f. If everything goes according to plan, the first phase should deliver in spring 2012, the second phase, also residential, does not yet have a start date.

When Archstone Senior Vice President Rob Seldin began working with his architects at Davis Carter Scott, the team realized they had a blank slate and could make a statement that would set the tone for the area with their design. As Doug Carter, a founding Principal at Davis Carter Scott, said about Seldin, "he has a record of trying to push the envelope and this building is no different."

Carter said the challenge of a large, phased project is to make something that is "interesting all the way around" and to avoid making the structure look "entirely long and boring." So his team changed the massing and the color and texture of the materials by detailing the masonry horizontally, using the precast concrete to create a wavy element in the facade and designing striking glass corner towers. Carter added that the design is meant to draw people in to want to live there and to be a "fixture of the urban landscape" that never bores passersby. Rather than design a traditional, conservative "plain Jane" building often found in DC, said Carter, his team strove to make Archstone's NoMa building "a little more forward looking" with a design that is "exciting and stimulating."

The 500,000 s.f. building will be almost entirely residential save one small ground-floor retail area at the corner of M and First Streets, NE. A parking garage, not included in the s.f. calculation, will provide 421 spots on three levels below grade. The ground floor will include 20,000 s.f. of amenities for residents, including a library, meeting rooms, kitchen, movie theater and even an outside movie area for up to 20 people. Then there's the rooftop pool, a hot commodity to be certain.

The new building will deliver in time for residents to take advantage of what will then be a fully operational Harris Teeter across the street. Liz Price, President of the NoMa BID, said the new residential is "key to the next wave" of commercial development and will help NoMa "continue to attract new retail and restaurants."

Archstone's Seldin said he has been "encouraged by the continuing construction and leasing" in other properties in NoMa. "Ours will be an outstanding addition to a great area." The general contractor for the project is Forrester Construction.

Washington, DC real estate development news

14th Street YMCA: Short on the Dough

Despite the mini-boom taking hold on the 14th Street corridor - View 14, Room & Board, JBG's large condo project, and a surfeit of new retail - not all projects are having an easy time of digging up money. In addition to UDR's iced over plans up the hill for the Nehemiah Center, the latest financing casualty is the redevelopment of the Anthony Bowen YMCA into a large apartment building. The planned mixed use development at 14th and W Streets has not disturbed any earth since the project "broke ground" in September 2008, nor does it look like it will make any progress soon. The 231-unit project was planned by Perseus Realty LLC in conjunction with Capmark Investments LP and the minority owned DC-based FLGA Real Estate Group. In 2008, the team optimistically estimated a 2010 finish date; now an optimistic view would be a 2010 start date.

Brian DeBose, spokesperson for Councilmember Jim Graham, whose ward the project sits in, told DCMud, "The project is stalled. There is no financing and there has not been a breakthrough." In short, DeBose surmised, "Nothing is going on."

DeBose added that the District does not have the money to provide a TIF or any seed money to help bolster the stalled development, even if the will was there. To be fair, the District has already done its share during more flush times, including the District Council's 2008 decision to grant a hefty 20 years of tax abatement and $1 million in forgone sales taxes on construction materials for the project's development.

Clark Construction is the general contractor, if it comes to that, for the planned 236,000-s.f. apartment building with 18 affordable units. The project is also supposed to include a new 46,000-s.f. YMCA and 12,200 s.f. of retail space. Designs for the project are by Davis Carter Scott and HOK. The Anthony Bowen YMCA was named for a Prince George’s County slave who relocated to Washington after purchasing his freedom. Bowen went on to co-found the nation’s first African-American YMCA in 1853. Developers for the project were either unwilling to comment or did not return phone calls requesting additional information.

Washington, DC real estate and development news

LEED Gold for Monument's 55M, Southeast

Monument Realty has been awarded an environmental gold medal; Gold LEED status, that is, on its Half Street, SE office building. Coming on the heels of recent set backs including the Watergate foreclosure and auction and the bankruptcy of financing partner Lehman brothers, the news had to be a welcome respite from the negative media glare accompanying the Watergate auction.

The Gold status, the second highest rating in the system, was awarded by the U.S. Green Building Council (USGBC) and came as a surprise to the developer, which had expected only the Silver certification. "[t]o be awarded Gold is a true testament to the hard work that all the team members put into this project,” said Michael Darby, Principal of Monument Realty.

55 M Street, a Class A commercial office building in the heart of the Capitol Riverfront neighborhood - and the official pedestrian entrance to the ballpark - features 275,000 s.f. of office space and 13,000 s.f. of ground floor retail directly above the newly expanded Navy Yard Metro station. Architect Davis, Carter, Scott included environmentally conscious design features such as a green roof and an LID (Low Impact Development) streetscape concept that captures rainwater to irrigate street trees and plantings and reduces storm water run-off. Monument has yet to begin work on the residential portion of the block, for which Lehman was a partner, and has no immediate plans to add to the residential stock of the neighborhood.

Tyson's Developer Thinks Condos

With its fourth high-rise approaching completion, the Towers Crescent office park in Tyson's Corner is finally a reality. Now the developer behind the project, the Quadrangle Development Corporation (QDC), is testing the waters for an additional three buildings that would add upwards of 900 residential units to Fairfax County, while re-branding Tyson's as a place to live and not just the site of the nation's tenth largest mall. "The County has been seeking to encourage more residential development at the center of Tyson's Center - making it more of a 'live, work, play' 24-hour environment," says George Boteler, who oversees leasing operations for Quadrangle. "Right now, there's over a 100,000 people who work in Tyson's Corner; only about 17,000 live there. The County is anxious to increase that, as a way of combating congestion."

The three planned buildings would include between 750-919 units, for a total of 919,000 square feet, and stand next to their cubicle-filled brethren along the Towers Crescent Drive – a stone’s throw away from the Tyson’s shopping complex. The buildings - 1860, 1870 and 1880 Towers Crescent Drive (pictured) – would receive a significant marketing boost once they complete their planned pedestrian overpass. Designers hope a bridge over Fashion Boulevard will provide an infrastructural link between the development and their more than 300 neighboring shops and restaurants, and help in changing the perception of Tyson’s as one of the most unfriendly and perilous neighborhoods for pedestrians in the metro area, if not the universe. The McLean office of Davis Carter Scott is handling designs for the project.

Originally, the entire Towers Crescent project had been envisioned as office space; that changed in late 2007, when Fairfax County allowed the developer to substitute the aforementioned residential units in place of 300,000 square feet of office space. "It was a three for one density bonus - three square of feet of residential for one square foot of commercial," says Boteler. "The development of even more mixed-use project was viewed as beneficial." It was a logical adjustment, but one that was immediately followed by the housing market's shift from boom to bust. Nonetheless, Quadrangle is still dedicated to getting towers five, six and seven in the ground in the near future. Says Boteler: "The market will dictate [our timetable], depending on how long it takes to work through the overhang of condominiums on the market today. We're ready to start on design and development on the buildings, so whenever the market shows signs of life [we'll begin]...The plan is to build it regardless of whether it starts as apartments or condominiums, but to build it to a condominium standard."

If Towers Crescent's prime location adjacent to the mall is any indication, they shouldn't have trouble dealing with either of those options. In the coming weeks, months and years, the site will be on the receiving end of two huge boons to the Tyson's area: WMATA’s addition of a Tyson’s Corner Metro station – planned for completion in 2013 – and the Hilton Hotel Corporation’s relocation down the block to competing office development, BF Saul’s Park Place II. Delays aside, Quadrangle may have real estate's three guiding principles - location, location, location - in check for quite some time.

Tysons Corner commercial real estate news

Arlington's Wilson Boulevard Scores, Part II

Call it Revenge of the Nerds Part IX. Science teachers and land developers, in a pointyheaded alliance, are joining forces to take over the cool restaurateurs of Wilson Boulevard in Arlington. The National Science Teachers Association (NSTA) has teamed with developer DRI to expand their Arlington headquarters at 1840 Wilson Boulevard, demolishing two neighboring facilities that currently house the Rhodeside Grill and Il Radicchio restaurants, and replacing them with a new 71,840 square foot office and retail complex.

The site - which fronts North Rhodes Street, Clarendon Boulevard and Wilson Boulevard - also adjoins a Hollywood Video surface parking lot (driving out to get videos, that's so 2007) that will also be re-appropriated for NSTA use. Parking, in fact, seems to be one of the main factors propelling the project forward. The development team plans to tunnel under the NSTA’s current building to install a new three-story parking garage, with another two planned for beneath the new structure. The hope of the Arlington County Planning and Transportation Commissions is that such maneuvers will “recapture shared parking for use by the public” in the rapidly growing Rosslyn - Ballston corridor with its two simultaneous projects next door (1716 Wilson and 2000 Wilson).

The building will top out at 6-stories and include a sixth-floor conference center that will host NSTA conferences and local community events. Meanwhile, a free-standing retail component will measure in at 10,160 square feet that will go towards a local restaurant or retailer like the ones it displaces. By doing away with the two diminutive office structures currently at the site, NSTA and the County hope to “create a better urban edge along Clarendon Boulevard” and, according to DRI, craft “a gateway into the downtown Courthouse.” The project is being designed by Davis Carter Scott and is aiming for LEED silver certification.

The NSTA received County Board approval for the project on November 15 and their current site plan – barring any major changes - will remain valid through November 2011. Progress appears to moving along swiftly, and NSTA has retained both construction and traffic engineers for the project. DPR Construction Company will serve as general contractor. Once completed, the new NSTA headquarters will be within an earshot of Elm Street Development's 2000 Wilson project, as well as George Contis' 1716 Wilson Boulevard development.

Arlington Virginia real estate development news

A Marriott Monopoly

Marriott International Inc. is expanding its domination of the Washington DC metro hotel market. Their latest acquisition is a 2.4 acre triangular parcel in an Alexandria Virginia office park, where they plan to roll out one of their least established brands - the so-called Springhill Suites - maintaining a virtual monopoly over business travelers at the bustling junction of Telegraph Road and Eisenhower Avenue.

Located at 2950 Eisenhower Avenue, the new hotel will fall at the western end of the Alexandria Tech Center and stand just a stone's throw away from the Capital Beltway. This newest Springhill Suites will measure in at five-stories and 152 rooms, made up of 106 king suites and 46 double queen suites. Amenities planned for the site include an indoor swimming pool, lounge, small conference room, a gym, an outdoor terrace and shuttle service to the nearby Eisenhower Avenue Metro Station. Designed by architects Davis Carter Scott, the project is expected to come in at a cost of roughly $13 million.

The project was unanimously approved by the both the Alexandria Planning Commission and City Council in mid-November. Marriott already has a hotel in the Alexandria Tech Center – a 98,000 square foot Marriott Courtyard that bookends the opposite side of the development.

The Planning Board staff praised the Springhill project as providing “an enhanced gateway to the Alexandria Tech Center and the Eisenhower Valley with an open space plaza and interesting building design,” but also chastised them their intention to use chintzy motel building materials – in this case a synthetic stucco called StoCreativ Granite.

Any qualms were abated, however, with promises of new jobs, an expanded “commercial tax base,” LEED certification and – a point not lost on urban planners - $13 million in promised new tax revenue to be generated by the hotel over the next decade. A number of local associations, including Carlyle Eisenhower Civic Association, the Cameron Parke Home Owner Association, the Eisenhower Partnership and the Alexandria Federation of Civic Associations, have also lent their approval to the project.

Marriott describes the Springhill Suites brand as “a prototype…geared toward the younger business traveler” with less expensive, yet large rooms with accompanying work space and internet access. In addition to the neighboring Courtyard location, the Tech Center’s newest tenant will also join a Strayer College location and a cluster of mid-rise office buildings along Eisenhower Avenue. Construction is expected to commence in the fourth quarter of 2009.

In addition to the planned Springhill Suites location, the hotelier also has plans in the works for double hotels on one block in downtown Crystal City and another under construction in Arlington’s Courthouse District, as well as several in Arlington and Washington DC. Lacey

Its Fun to Dig at the Y-M-C-A

Mayor Fenty, Councilmember Jim Graham, ANC chairman Dee Hunter and numerous YMCA officials today attended the groundbreaking of a new mixed-use development at 14^th and W Streets NW, the current site of the YMCA Anthony Bowen. The 263,000 square foot project is being developed by Perseus Realty LLC in conjunction with Capmark Investments LP and the minority owned DC-based FLGA Real Estate Group. The $97 million development, entitled 14W, will include the construction of 231 rental apartments (including 18 affordable), a new 46,000 square foot YMCA and 12,200 square feet of retail space. Designs for the project by Davis Carter Scott and Hellmuth, Obata & Kassabaum Inc. (HOK) encase the ground-level retail outlets in townhouse facades and place the residential quarters above the new YMCA. Future residents can look forward to amenities such as a billiard room, a 24-hour business center and concierge, catering kitchen, bar, rooftop garden and a 1-year membership to the YMCA. HPRB green-lighted the project in May when it approved the demolition of the existing buildings on the site.

The Mayor was adamant in his support of the development. “It’s the young people that we have at the front of our focus for this project,” said Fenty. “The projects, programs and lives that have been impacted by the YMCA are too numerous to mention…You have our commitment that whatever it is– from deferments to operations to transportation to the help of any other DC government agency – we will give it.”

The new $15 million YMCA is the fruit of more 2 years of active development on the part of the YMCA of Metropolitan Washington (YMCAMW). When completed, it will include a wellness center, child care facilities, office space, rooftop terrace, community meeting rooms and – as its centerpiece – a 25-meter indoor pool. Although the current facility has been vacated for demolition, its community services have been relocated to various “borrowed” spaces throughout the city.

The YMCA Anthony Bowen has a rich and storied history in the District. The organization was named for a Prince George’s County slave who relocated to Washington after purchasing his freedom; he then went on to co-found the nation’s first African-American YMCA in 1853. The current incarnation of the YMCA that bears his name first opened in 1912 and has stood at its present location since 1978 – a time when the U Street corridor ran rampant with violence and drugs.

“Anthony Bowen had a dream and it’s the centerpiece of that dream that’s become the reality for what we have here today…an unwavering belief that the evils of our past do not dictate the possibilities of our future,” said Angie L. Reese-Hawkins, CEO of the YMCAMW. “We’ve replaced the fear and distrust with families and…people who are committed to the community. This is what the nation’s capitol is all about.”

14W is being financed by the Royal Bank of Scotland (RBS). Clark Construction has been contracted for the development and is predicting a late 2010 completion.

Washington DC retail and real estate development news

Marymount University Digs Itself a New Hole

With its’ 60th anniversary just around the corner, Arlington’s Marymount University looks to be buying itself a $25 million present a few years early.

Next month will see Dewberry Development break ground on two "contemporary neo-classical buildings" that will take the place of a Marymount parking lot bounded by Old Dominion Drive, Yorktown Boulevard and 26th Street North. Plans for the Davis Carter Scott-designed sibling structures, a dormitory and academic building respectively, were initially approved by Arlington County Board of Supervisors in July 2007.

Rose Bente' Lee Ostapenko Hall (good luck to the co-eds stammering over that one after a few jell-o shots), the 6-story, 75,000 square foot dormitory going up on the site, was named for – you guessed it -Rose Bente' Lee Ostapenko, the University’s current Secretary to the Board of Trustees and founder of the Rose Bente' Lee Endowed Scholarship Fund. Ms. Ostapenko also lent funds (and, surprise, her name) to Marymount’s student center in 1999.

That 239-bed facility will be erected concurrently with Caruthers Hall, a 4-story, 52,000 square foot academic building. The new building will house classrooms, lecture halls, faculty offices, and lab space for health science, chemistry, physics and biology. The facility is being named in honor of Preston C. Caruthers, chairman of Arlington real estate firm, Carfam II Associates LP, and longtime Marymount supporter.

The 2 new structures will both sit atop an underground, 4-story, 145,000 square foot parking garage that will contain 370 new spaces. A new plaza will straddle the gap between the academic building and dormitory, while an overhead pedestrian footpath will be erected across Yorktown Road and connect the facilities with Marymount proper.

“This initiative responds directly to Marymount’s most critical needs,” said university president Dr. James E. Bundschuh. “The new facilities will help us meet the increasing demand for campus housing, significantly enhance instruction in key academic programs, and address the parking challenges that we have faced for several years.”

The 4 Arlington communities bordering the Marymount campus - Old Dominion, Donaldson Run, Yorktown and Rock Spring – have already lent their approval to the project. Davis Construction and Harkins Builders Inc. will be going to ground on the site starting next month. Further BIDs are due by September 25th. The project is slated for completion in time for the start of the 2010 academic year.

Arlington Virginia real estate development news

Rosslyn's Severe Case of Tower Envy

The Rosslyn skyline will be changing significantly in the coming years as two new mixed-used projects shoot skyward. Interestingly, both have at one time hyped themselves as the metro area's tallest developments, JBG's Central Place and Monday Properties' 1812 North Moore Street have both been cleared to exceed the 300 foot height limit usually imposed by Arlington County, both will be runners-up for the region's tallest after the Washington Monument. There's just one problem: with the dual towers of Central Place already under construction and North Moore breaking ground in October, neither side wants to relinquish their bragging rights to the title of tallest.

This has been a long time coming for 1812 North Moore. Now-defunct Westfield Realty sold the $31.5 million parcel to Monday Properties in 2006 after the former’s long-gestating bid to revamp the site went nowhere (not so) fast. Monday, however, have had much more success with their attempts to put the project into turnaround. Their Davis Carter Scott-designed tower boasts 600,000 square feet of commercial office space, 12,000 square feet for retail and a Metro terminal attached to the facility. Additionally, they’re on track to become the first LEED Platinum-certified building in the State of Virginia – a measure that has earned them accolades from the Rosslyn Renaissance (RR) Urban Design Committee (UDC) and the Radnor/Fort Myer Heights Civic Association (RAFOM) and will make them one of the most energy efficient buildings in the country.

But once the plans went public, it wasn't long before creative math came into play. Originally, both Central Place and North Moore were billing themselves with a height of 470 feet – including sea level. Eventually, the dueling parties seemed to realize that adding a hundred plus feet of land elevation to a building’s proposed height was tad on the disingenuous side. (After all, Denver’s Republic Plaza would be the tallest building in the world if it included the city’s 5,280 foot elevation in its’ official measurements.) And that’s where things get confusing.

Currently, Monday Properties says that their proposed 30-story complex on North Moore will come in at 390 feet – and that the Central Place will top out a whopping 60 feet below them. But in December of last year, the Arlington County Planning Commission made Monday shave a story off their blueprints, so as not to obstruct the view from Central Place’s observation deck – the one that was supposed to look down on North Moore. (Further complicating matters is the fact The Washington Post reported North Moore’s post-Planning Board height at a diminutive 370 feet.)

Unsurprisingly, JBG is singing a different tune. Their website states that the taller of their two towers will measure in at 31-stories - 390 feet. According to Thomas Miller of the Arlington County Planning Division – the county body with access to blueprints to both sites - the he-said she-said bit is all for naught.

“Both buildings are 390 feet,” he said Thursday afternoon, “Although, the highest [North Moore] offices actually fall below the observation deck level [of Central Place].”


He also confirmed that the two buildings only have a 3 foot difference in base elevation, but did not specify which. So depending on your point of the view (or the address on your lease), the second highest point in the Washington area is soon to be either Central Place’s glass-enclosed 31st floor tourist draw or the luminescent glass pyramid that will cap North Moore.

All in all, this only serves as a lesson in the strategic power of PR. Both buildings are to offer hundreds of thousands of feet office and retail space that represent a dramatic expansion of Rosslyn’s commercial prospects. Given that the two sites are separated by roughly only 200 yards, the competition for luring prominent DC businesses into these new NoVa nerve centers was bound to be stiff. While 1812 North Moore has yet to commit to a delivery date, Central Place is scheduled to be completed in 2011. Only then will we see who really comes out on top.

Arlington Safeway Site Receives Approval

The Arlington County Board approved plans today to renovate and expand the now-5,000 s.f. Arlington Mill Community Center into a mixed-use development. The project, designed by McLean-based Davis Carter Scott Design, and developed by Bethesda-based Public Private Alliances, LLC, a subsidiary of Clark Construction Group/Clark Ventures, will include brand new retail, residential, and parking space in addition to the new community center. The first of the project's two buildings - the residential portion - will stand five five stories tall. It will house 159 units including studio, one, two, and three bedroom units, sixty-one of them affordable. The second, six-story, LEED-certified civic building will include 33 residential units, 3,000 s.f. ground floor retail, and the 40,000 s.f. community center; Arlingtonians can get excited about a new high school-size gym, two flexible classrooms, and a fitness center. These rental apartments will include ten units for the Department of Human Services for its Supportive Housing Program and 40 two- and three-bedroom units with rent ranging from $993 to $1475. 

Columbia Pike Initiative Coordinator, Jennifer Smith said the project is consistent with the County's vision of revitalization along the Pike. "It will add additional new residential units and me our the long-standing commitment by the county to have an upgraded community center for area residents. A place where they can come together to meet, and greet and have their activities," she said. The developer will not be alone in footing the bill for the development. The project's public areas will be financed by $26 million in general obligation bonds authorized by voters in November 2006. The developer will also receive $11 million from the Federal Low-Income Housing Tax Credits program through the Virginia Housing Development Authority, and $3 million for using the value of the land lease payment to support the creation of the affordable housing units. The 1.9-acre former Safeway site, located at the intersection of Columbia Pike and Dinwiddie Street, will also offer its residents and neighbors three levels of underground parking and a new public plaza along Columbia Pike. Construction is tentatively scheduled for late November.

Arlington Virginia commercial real estate news

Imperial Intentions in Court House

Adding their share to the Byzantine world of residential development, Monument Realty's 262-unit Palatine project is opening up for occupancy as a condo-gone-rental. While the Arlington Court House area is not a good comparison to the second Roman Empire (we won't forecast its decline and fall), the building, designed by Davis Carter Scott (DCS), sits ponderously on Troy Street, and will include cast stone that looks similar to limestone, bringing a slight, well, monumental touch to the neighborhood.

A building description by former project manager at DCS, Kevin Pennington, back from the condo days of 2004 reads, "The Palatine Condominium is a contemporary twist on the neo-classical style of architecture. Perched on a hill like the palaces built by Tiberius and Nero on Palatine Hill...The Palatine is above the fray and bustle of the City below. The Palatine draws you near with graceful columns reaching toward the sky and arching together. The rich colors of the cast stone base bled upward to the comfort of the brick facade above..."

The less romantic story for the edifice is that the cast stone was, "something Arlington pushed for so the building will be a different scene in the area rather than just more brick," according to Gunn Prag, current Project Manager at Davis Carter Scott. The building sits two-and-a-half blocks south of the Court House Metro, overlooking Arlington Boulevard, and joins a list of completed projects in the Rosslyn- Ballston corridor, most of which began conceptually as condos, but have recently begun delivery as for-rent apartments.

“We are spanning two types of environments, so we go twelve stories up on the north side and then scale down to mid-rise level. We transition from the heights of the high density offices around us to the mid-rise level, a stepped-tower approach,” said Prag.

Described by project manager Glen Seidlitz at Monument as the “premier rental building" in the courthouse area, the units inside the tasteful building have all the ingredients for high-end condos, including stainless steel appliances and granite counter tops, but will instead be rented at market-rate prices starting at $1790 for a studio to $5905 for a three bedroom, two and-a-half bath townhouse with a den. Leasing is underway with delivery scheduled for the ides of July.

Because of the conversion, there will no longer be double level units in the towers, although the corner balconies are still technically multi-story amenities as they are without roofs. Other condo-to-rental adjustments include the elimination of the cauldarium - or rather sauna and the conversion of the business center to a more Roman style party room. Symposiums are more fun anyway.