In The Works: 3 New Developments Coming To Alexandria
1. 200 Stovall St. Conversion
A vacant office building in Alexandria will soon become a mixed-use project with 520 units and 25K SF of ground-floor retail.
The building, which was formerly leased by the General Services Administration, will include 292 one-bedroom units, 178 two-bedroom units and 50 studio apartments. It will also offer a three-story fitness facility, a coworking lounge, a sports bar and a rooftop pool. The development team, which is composed of Perseus TDC and Four Points, expects to deliver the first units in Q4 2019.
“This property will bring an immediate vibrancy to what was previously a vacated government office building and provide tenants with an inclusive live-work-play lifestyle," Perseus TDC Executive Vice President Adam Peters said in a press release. "The mix of healthy employment opportunities, amenity-rich environments, proximity to supermarkets and access to Metro stations has proven to be a strong driver of residential demand in the marketplace.”
This type of conversion from office to multifamily is part of a larger trend to reduce office vacancy rates and create more vibrant neighborhoods. Alexandria has been a leader in this type of conversion project, with several economic development officials supporting the initiatives.
2. Robinson Landing
A new master-planned community is coming to the Old Town, Alexandria, waterfront.
EYA is developing Robinson Landing, a neighborhood on the water offering 70 condominiums and 26 townhomes. The condominiums will feature open living areas and floor-to-ceiling windows with views of the Potomac River. The townhouses are along Old Town’s historic streets and include private elevators and rooftop terraces.
Robinson Landing will also feature amenities like concierge service, a yoga studio, a bicycle shop and a pet grooming spa.
Townhouses and multifamily buildings at Robinson Landing are slated to deliver winter 2019.
3. 1201 North Royal St.
Carr Cos. recently submitted an application to transform a performing arts building into a multifamily complex. The building is currently home to MetroStage, a nonprofit theater company that hosts a variety of shows and musicals.
The building, at 1201 North Royal St., will offer 90 multifamily units if the application is approved. The plan also includes a nod to its current use as an arts center. If approved, Carr Cos. will deliver 3,045 SF of art gallery space, an arts walk, artist lofts and art studios.
