Post Content

Notes: Alexandria and neighbors lead in office-to-apartment conversion market

Good Monday morning, Alexandria!

☀️ Today’s weather: Partly sunny, with a high near 65. Rain tonight, mainly after midnight.

🚨 You need to know

1101 King Street (image via AREP)

The City of Alexandria and its nearby suburbs, Arlington and Washington D.C., are the leading locations for office-to-apartment conversions, according to real estate site Rent Cafe.

According to the website:

The Washington-Arlington-Alexandria metro area is at the forefront of adaptive reuse, with a planned 5,820 units set to transition from office-to-apartment spaces, representing a 64.5% share of the area’s total conversions.

This marks a staggering 88% increase compared to a year ago, underscoring a robust growth in the region’s housing solutions. The Fort Myers Drive project in Arlington, VA, is the standout in this transformation, aiming to repurpose an office building into 691 new homes.

American Real Estate Partners (AREP) “broke ground” on a conversion project in Alexandria last week, changing a 200,000-square-foot office building at 1101 King Street into a 200-unit apartment development called CityHouse Old Town.

📈 Friday’s most read

The following are the most-read ALXnow articles for March 1, 2024.

  1. Developer breaks ground on major office-to-residential conversion in Old Town (2048 views)
  2. Alexandria Police confiscate handgun from student at Lyles-Crouch School (1860 views)

Recent Stories

Francis Deonte Rose was found guilty today of two counts of aggravated murder in the 2022 shooting deaths of two construction workers in the West End. The Commonwealth Attorney’s Office…

It’s been a busy week in Alexandria. There were multiple mayoral and city council forums and debates this week as the city gets closer and closer to the June 18…

The Cinco de Mayo fiesta is starting early this Sunday in Carlyle. From 9 to 10 a.m., Tequila & Taco (540 John Carlyle Street) will be selling six-ounce margaritas for…

After missing an important mayoral debate this week due to a “freak accident” while canvassing that led to his hospitalization, Steven Peterson says that he’s done sitting on the sidelines….

Potomac Harmony is Back! Following a gap year of competing, then virtual rehearsals during the pandemic, followed by the well-earned retirement of our long-term director, a year of a director search, Potomac Harmony hit the regional contest stage in Concord, North Carolina in March for the first time since 2018! It was exhilarating, reaffirming, and rewarding!

The chorus hit all of its goals, the biggest of which was to have fun and sing our best on contest stage — we did both! Because we earned a score over 400 points, our new Director, Allison Lynskey, was awarded the Novice Director award, photo above. Additionally, one of our charter members, Jackie Bottash, was nominated for and honored with the Leadership Excellence award. It was a celebratory weekend!

What’s next? So much! We now look forward to upcoming performances, growing our membership, and expanding our musical product with new arrangements and an education component each week. It’s an exciting time to be part of this ever-growing ensemble!

Read More

Submit your own Announcement here.

×

Subscribe to our mailing list