Portfolio

Sedona | Slate

Arlington, Virginia


Market: Washington, D.C.

Type: Multifamily

Role: Development Partner

Status: Development completed in 2013

Mid-rise apartment community in the heart of Rosslyn, one of Arlington’s “urban villages,” approximately half a mile from the Potomac River.

Property Size

  • 474 rental apartments
  • 12,500 square feet of retail space

Local Population Density

  • 11,300 people/square mile

Highlights

  • Invested in the development project through a venture with the property’s developer, The JBG Companies.
  • Developed two residential buildings (one 13 stories, the other 12 stories) with ground-floor retail space on an underutilized site in Rosslyn.
  • Located three blocks southwest of the Rosslyn Metro Station – which provides light-rail access for commuters to points throughout the Washington, D.C., metropolitan area – and two blocks north of access ramps to U.S. Highway 50/Arlington Boulevard.
  • Immediate neighborhood is pedestrian-friendly with plenty of restaurants, shops and nightlife nearby.
  • Property amenities include two one-site fitness centers; a landscaped, 30,000-square-foot “pocket park” with seating areas and grilling stations; ample bike storage; and a below-grade parking garage.
  • 55 of the apartment units are designated as affordable housing for low- and moderate-income residents.
  • Part of a multi-site portfolio of operating properties and planned development projects located in the Washington, D.C., metropolitan area that is jointly owned by MacFarlane Partners and The JBG Companies.

Sustainability

  • Certified as a LEED-Gold building under the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) rating system, the first newly constructed residential property in Northern Virginia to earn such a lofty designation.

Awards & Honors

  • Named Best High-Rise by Transwestern and Delta Associates at the two firms’ 17th annual Awards for Excellence in the Mid-Atlantic Apartment and Condominium Industries in October 2013.

Related Websites

 

Walk Score:  95     |    Transit Score:  74     |     Bike Score:  75