Post Content

High vacancy prompts office-to-apartment conversion proposal in Old Town North

1201 E. Abingdon Drive in Old Town North (via Google Maps)

(Updated 5:25 p.m.) The owner of an aging office building in Old Town North wants it converted into a 136-unit apartment building, and credits the decision to the “ongoing and diminished office market and current high vacancy rate.”

The five-story, 112,000-square-foot office building was built in 1983. It’s owned by Principal Life Insurance Co. of Des Moines, Iowa, and managed by PF III Abingdon LLC, an affiliate of the D.C.-based real estate investment firm the Pinkard Group.

“Due to the on-going, diminished office market and current high vacancy rate, the Applicant seeks residential use to repurpose the building,” PF III Abingdon LLC said in its application.

The group wants approval to build a new 43,352-square-foot building wing at the south of the property, which is currently occupied by a surface parking lot. They want to increase the 50-foot height limit to 65 feet to accommodate a mechanical penthouse on top of the building, as well as make lobby, courtyard and other aesthetic improvements. The plan also includes seven on-site affordable housing apartments.

The plan will go to the Planning Commission on Tuesday, Feb. 6.

Despite having a high vacancy rate, the applicant said that traffic in the area will diminish.

“The surrounding streets will operate at a less congested state with residential use as compared to office use,” the applicant said.No new parking will be constructed as the existing parking is sufficient for the proposed number of residential units.”

The proposal joins a trend of local developers converting outdated offices to residential properties, as roughly a quarter of workers in the D.C. Metro area continue working remotely.

Image via Google Maps

Recent Stories

ALXnow will be running a series of City Council candidate interviews through the local election filing deadline on April 4. City Councilman John Taylor Chapman says that he wants small…

As Alexandria’s City Council and School Board work to reconcile their budgets, Mayor Justin Wilson scolded School Board leadership for not taking a longer view of budgets and planning. Alexandria’s…

It’s a big (green) weekend in Alexandria!  The Ballyshaners 41st Alexandria Saint Patrick’s Day Parade will step off from the corner of King Street and St. Asaph Street at 12:15…

Washington D.C. resident Dykwon Perry Davis has been indicted by a multi-jurisdictional jury on two felony charges: abduction with intent to defile and attempted rape. Davis is charged with the…

Dreaming of small-town charm with big-city convenience? Look no further than 7156 Main St in Clifton, Virginia! Nestled just 30 miles from the heart of Washington D.C., this picturesque property offers the best of both worlds.

Escape the hustle and bustle of the city to find tranquility in this quaint, historic town. With its tree-lined streets and friendly community atmosphere, Clifton is the perfect place to call home. Yet, with its close proximity to the nation’s capital, you’ll never be far from the excitement and opportunities of urban living.

Imagine weekends exploring local shops, dining at charming cafes, and enjoying outdoor adventures in nearby parks. Then, commute to D.C. for work or play, soaking in all the culture, entertainment, and career opportunities the city has to offer.

Read More

Submit your own Community Post here.

Are you looking to work on health and fitness from the comfort of your own home?

Skip the big box gym and try out our in-home personal training service. We bring the gym to you so that you can save time and avoid the hassle of going the the crowded gym.

We bring all the equipment you need for a solid workout and if you have a community gym we can use that too.

We offer programs that will help with weight loss, strength, flexibility, more energy and overall feeling better.

Read More

Submit your own Community Post here.


Subscribe to our mailing list