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Amazon's Arrival Leading Arlington Developers to Add Apartments to Proposed Developments
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Less than two months after Amazon announced that Northern Virginia would be the destination for the company's second headquarters, UrbanTurf reported on plans that Roseland Residential Trust had filed to more than triple the number of residential units proposed for an expansion of the Crystal Houses development in Crystal City to almost 800 apartments. And just this week, news came that another residential development less than a mile away in the National Landing area is also proposing additional units.
With the sites of more than 900 previously-proposed new residences in Arlington County now expected to be used for Amazon office space, will more developers see opportunity in adding residential units to planned projects?
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JBG Smith, which owns several sites that Amazon will purchase or lease, has already teased plans to get in on the additional apartment wave. The developer is expected to add up to 1.1 million square feet across three lots at RiverHouse Apartments, and Potomac Yard could also potentially support development beyond what is planned.
Other residential additions could be in the works for sites Vornado (absorbed into JBG Smith), had previously sought county approval to develop. One of those is an expected 1 million square feet of development at 223 23rd Street, where Vornado previously proposed to replace the vacant office building with an office building and a residential building, the latter with 353 units.
UrbanTurf will continue to keep an eye on how planned residential developments in the National Landing area continue to grow and evolve.
See other articles related to: amazon hq2, amazon hq2 real estate effect, amazon second headquarters, arlington, national landing
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/amazon-apparently-leading-arlington-developers-to-add-apartments-to-propose/15159.
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