Mixed-Use Project Underway in Alexandria
- Mar 10, 2017
Washington, D.C.—Retail real estate developer EDENS recently announced that the company broke ground on a mixed-use project that includes retail and residential space in Alexandria, Va. The firm joined hands with Gables Residential to develop the apartment units. The development project is slated to come online in 2019.
Located at 530 First St., the property will encompass 50,000 square feet of community-centered space and 232 residences. The LEED-Certified property also includes the addition of a Capital Bikeshare station, an enhanced streetscape and on-site public art. The development will be located less than 10 miles from downtown D.C. and is close to a broad range of urban amenities. The building situated in Old Town Alexandria will create a mix of high-end residences, retail and dining options.
“When community is strong, so is its economy. Our social capital and culture are equally robust. We are thrilled to begin to transform this space into a place that supports and thrives alongside its neighborhood,” EDENS’ CEO Jodie McLean, said in prepared remarks.
Rendering courtesy of EDENS