More than 300 consumers stood in line to attend the Grand Opening/Open House for the ARC 3409 Condos, a luxury condominium development located in the Rosslyn/Ballston area of Northern Virginia, a project of Finmarc Management, Inc. and The Goldstar Group. Earlier this year, the partnership acquired the eight-story former AKA Luxury Suites Residences, and initiated an extensive $6 million renovation and improvement strategy designed to upgrade the residential units, common areas and amenities and convert the building to luxury condominiums.
The building features a masonry and glass exterior, is located within immediate proximity to downtown Washington, D.C. and is served by five stops on the Washington Metro Orange Line. The project is approximately two blocks from the Virginia Square Metro Station between Ballston and Clarendon and within walking distance to all the restaurant and retail offerings of both neighborhoods. Alexandria-based McWilliams | Ballard is handled marketing and sales of the units and indicated “this has been one of the best-attended grand openings they had ever been associated with.”
“Our team was overwhelmed by the response of prospective buyers to ARC 3409 Condos, and we are anticipating a rapid sell-out of the condos, based on the lack of supply of high-quality condominium units in Northern Virginia,” explained Marc F. Solomon, Principal of Finmarc. “Our research shows an educated buyer demographic that are attracted to pedestrian-friendly communities, the availability of dependable public transportation options and the presence of an active night life, among other factors.”