In what’s become a trend in Alexandria, the owners of an office and retail building in Old Town are hoping to have the upstairs space converted to residential units.
The buildings in question are 1225 and 1229 King Street, the buildings containing American in Paris Boutique and the T-Mobile store on the street level in the middle of Old Town.
In a special use permit application, the building owners said the change to the building type would take advantage of ordinances codifying housing uses above retail space. The application said the residential use will be within the existing footprint of the building. Applicant King Street Apartments LLC said in the application it would convert the upstairs units into 12 condominium units.
Alexandria has become a capital for office-to-residential conversions, ranking fourth in the nation in conversions from office space to apartments or condominiums between 2020 and 2021. Office buildings throughout Old Town are in the process of being converted to residential spaces.
Still, City Manager Jim Parajon warned the City Council in a recent meeting not to be too hasty in abandoning office space, saying that the city could lose valuable office space in a rush to follow an economic trend. In nearby Vienna, the Town Council recently rejected a townhouse development replacing office space — partially on the basis of clinging to hopes that the office market will return.
“The conversion approach for outdated office makes a lot of sense, but I want to be careful that we don’t lose good office space to conversion,” Parajon said. “That’s really important, and that may mean we play out a cycle or two in the economy so we’re looking at a balance of commercial to residential.”
The conversion of 1225 and 1229 King Street is scheduled for review at the Planning Commission meeting on Tuesday, Jan. 3.
Image via Google Maps
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Scholarship Fund of Alexandria Annual Gala & Auction
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