270-Unit Apartment Building Planned for Old Town
✉️ Want to forward this article? Click here.
1st and Fayette Streets, Alexandria. Courtesy of Google Maps.
Washington Real Estate Investment Trust (WRIT) is partnering with Trammell Crow to develop a 15-story, 270-unit apartment building in Old Town, the Washington Business Journal reported late Wednesday. The building, to be located at First and Fayette streets a block from the Braddock Road Metro (map), is expected to start construction late next year and take two years to be built.
From the Washington Business Journal:
The site is also close to the Braddock Metro Center, a 345,000-square-foot office campus WRIT acquired in September. It’s the second new apartment complex in Northern Virginia for WRIT, which announced plans in June to build a $43.5 million, 150-unit apartment project with Crimson Partners by the Ballston Common Mall.
Trammell Crow is also planning to develop another 360-unit apartment building just down the block, in a partnership with Equity Residential.
See other articles related to: apartments, old town, trammel crow, writ
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/270-unit_apartment_building_to_go_up_in_old_town/4683.
Most Popular... This Week • Last 30 Days • Ever
A look at the closing costs that homebuyers pay at the closing table.... read »
3331 N Street NW sold in an off-market transaction on Thursday for nearly $12 million... read »
In this article, UrbanTurf will explore the considerations and steps involved in buyi... read »
The most expensive home to sell in the DC region in years closed on Halloween for an ... read »
Paradigm Development Company has plans in the works to build a 12-story, 110-unit con... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro