Rockville, Maryland
Market: Washington, D.C.
Type: Multifamily Residential
Role: Development Partner
Status: Development completed in 2010
Mid-rise apartment community adjacent to a Metro light-rail transit station in Rockville, Md., approximately 10 miles northwest of the District of Columbia.
279 rental apartments
15,500 square feet of retail space
Local Demographics
6,400 people/square mile
71% of metro area median household income
Invested in the development project through a venture with the property’s developer, The JBG Companies.
Developed two four- to six-story residential buildings on opposite sides of a newly built street on a site that had been part vacant land and part surface parking lot.
Property serves as the first phase of Twinbrook Station, a major redevelopment effort that will transform 26 acres of commuter parking lots into a vibrant, 2.2.-million-square-foot, mixed-use community surrounding the Twinbrook Metro transit station. Operated by Washington Metropolitan Area Transit Authority, Twinbrook Station provides light-rail access to points throughout the Washington, D.C., metropolitan area.
Both The Alaire and Twinbrook Station are 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.
Named 2010 Multifamily Community of the Year by the Great American Living Awards, an annual real estate contest held by the Washington Metropolitan Sales & Marketing Council, the Northern Virginia Building Industry Association, and the Maryland National Capital Building Industry Association. Also won six other GALAs: Overall Marketing Campaign; Design & Architecture; Individual Community Web Site; Interior Design for Apartment Building; Rental Model Interior Merchandising; and Clubhouse Interior Design.
Earned honors as the Best Mid-Atlantic Transit-Oriented Development given by Delta Associates at the real estate research and advisory firm’s 14th Annual Awards for Excellence for Multifamily Properties in October 2010.
Twinbrook Station has been designated a smart growth project by the Washington Smart Growth Alliance and has received the International Charter Award for Excellence from the Congress for New Urbanism. It also was the first project in the Washington, D.C., metropolitan area to be awarded Stage 2 LEED for Neighborhood Development Gold-level pre-certification under the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) rating system. (Click here to view the USGBC’s project profile of Twinbrook Station.)
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