Two development proposals in Clarendon and Virginia Square are facing delays. Last week, ARLnow reported that St. Charles Catholic Church was suspending its church redevelopment plans for now, citing economic conditions. Two other projects nearby likewise cite the country's economic outlook as one reason progress is taking longer than expected. One project replacing the Wells Fargo
Work is underway to take down the aging RCA building in Rosslyn but a demolition schedule has yet to be set. The forthcoming residential redevelopment for 1901 N. Moore Street, by McLean-based developer Jefferson Apartment Group, was approved in June 2021. Sixteen months later, JAG Senior Vice President Greg Van
Jefferson Apartment Group Buys Development Site In Ballston A rendering of Jefferson Apartment Group s project at 1031 North Vermont St. in Ballston.
After delivering a 22-story apartment tower in Ballston last year, Jefferson Apartment Group is launching another multifamily project in the neighborhood.
The developer, in partnership with Chilean investor Stars REI, announced Thursday it acquired the land for a 108-unit project at 1031 North Vermont St. Property records show the sale closed March 15 for $12.3M.
The project is slated to include 98 apartments in a seven-story building and 10 for-sale townhouses. The developer said it plans to begin construction on the apartments in Q4 and deliver in summer 2023, and it is marketing the townhouse parcel to homebuilders.