The Mark Apartments at 100 S. Reynolds Street near the Landmark area is under new ownership.
Washington Property Company (WPC) announced its acquisition of The Mark, a 227-unit apartment tower in the West End, last Friday. The company bought the tower for $52.7 million.
“This is WPC’s first acquisition of an existing multifamily property,” said Quinn Rounsaville, WPC Senior Vice President of Acquisitions, said in a press release. “We have long been committed to multifamily as an asset class in our portfolio, and this acquisition provides an opportunity to grow. We believe that with Amazon HQ2, Virginia Tech’s Innovation Campus, the redevelopment of Landmark Mall, and Virginia’s business-friendly political climate, the Alexandria submarket is poised for tremendous growth over the next five to ten years.”
In the press release, WPC said it plans to complete an ongoing renovation program at the apartments to finish upgrading apartment finishes and features. WPC also said it plans a more extensive upgrade of the building’s systems and common areas.
The redevelopment planned at Landmark and the HQ2 development in Arlington were name-dropped as a key feature that made the building an appealing acquisition.
“It is just 1.4 miles from the Van Dorn Metro station and four Metro stops to Amazon’s HQ2,” the press release said. “Only a half-mile from the property is the Landmark Mall redevelopment, expected to comprise 4.2 million square feet of mixed-use development anchored by a new billion-dollar Inova Alexandria Hospital, delivering as early as 2025.”
It was a big week for getting a glimpse at Alexandria’s future. At a meeting this week, Deputy Director for Infrastructure and Environmental Quality Bill Skrabak offered an in-depth look…
The Washington Metropolitan Area Transit Authority (WMATA) has unveiled the bluebell and cherry blossom-inspired art that will wrap around the exterior of the new Potomac Yard Metro station. Artist Rob…
A 2 BD/2 BA renovated townhome with an open floor plan, patio and fenced backyard in featured in Just Listed.
Alexandria transportation officials say that a pilot program to ease evening congestion on and around Duke Street is working and they want to make the changes permanent. City staff announced…
St. Paul’s Episcopal Preschool, a play-based, half-day preschool in the heart of Old Town, Alexandria has limited openings for the ’23-’24 school year.
- 18 month old – Kindergarten classes
- Full day Kindergarten option (3 days/week)
- Early Care
- Transportation (ages 3+)
- Weekly Field Trips (ages 3+)
- Financial Aid available
Monarch Montessori School located in the heart of Del Ray is enrolling children 6 weeks to 6 years of age for our half day and full day program.
Our hours of operation are 8:00 AM to 5:30 PM, Monday-Friday. Monarch Montessori School is open year round, with intermittent breaks.
Children engage in self-directed, self-initiated activities under the guidance of a trained Montessori teacher. Classroom sizes range from 8-12 students. Our robust curriculum includes botany, sensorial activities, the social graces, culture, math, science, practical life, geography, music appreciation and language arts.
You’ll get half off of the registration fee when you register and begin care with us before April 30, 2023.
2023 Alexandria Scottish Rite Friends & Family Charity Event
On Saturday Evening May 6th, 2023, at the George Washington Masonic National Memorial, the Valley of Alexandria Scottish Rite will be holding its annual charity fundraiser for kids with speech and language disabilities. This event is open to the public.
Del Ray Dog Fest & Yappy Hour
The 1st Annual Del Ray Dog Fest is a fun outdoor event that will include dog-centered activities, dog menu items, live music, vendors and food on Sunday, April 2 from 11am- 3pm at the George Washington Middle School parking lot.