Tag: old town alexandria

McWilliams|Ballard Leads the Lease Up of The Grayson, a New Amenitized Apartment Community in Alexandria, Virginia

Posted on November 1, 2023 by - Announcements

Alexandria, VA | November 1st, 2023

McWilliams|Ballard is proud to announce it has been awarded the lease-up of NOVO Properties newest community, The Grayson located at 1215 N Fayette Street, Alexandria, Virginia.

 

As construction nears completion, pre-leasing of the 119 apartments has commenced. The Grayson boasts a new collection of 119 thoughtfully designed apartment residences with a variety of 1- and 2-bedroom layouts.  Future residents will enjoy the modern finishes and spacious layouts complete with available private outdoor living spaces and an array of lush community amenities including concierge services, resident club room, state-of-the-art fitness center and expansive rooftop terrace offering sweeping views of Old Town Alexandria and beyond. The building is conveniently located just moments from National Landing, famed King Street and Downtown DC.

 

NOVO Properties, founded in 2003, is a multifamily owner, developer, asset, and property management organization headquartered on Capitol Hill in Washington, DC.  NOVO currently manages a portfolio of approximately 2,000 apartment homes throughout the Washington Metro Area and beyond.

 

McWilliams|Ballard, based in Alexandria, Virginia, is a real estate sales and marketing firm specializing in the sales and marketing of new condominiums, apartments, townhomes, and mixed-use communities. During its 27-year history, McWilliams|Ballard has worked in 13 states nationwide, creating partnerships with developers and builders to provide sales and marketing solutions from project inception to the final closed sale. In addition, the firm also provides consultation and market research used by some of the most renowned developers and investment groups in the country.

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Towngate North, Office buildings in Old Town Alexandria to be converted to new condos

Posted on October 11, 2021 by - Press

By Michele Lerner, Washington Post | October 6, 2021

The office-to-housing conversion continues, this time in Old Town Alexandria, Va. Brookfield Residential recently announced plans to transition offices into two condominium buildings called Towngate North in an Old Town North neighborhood at 625 and 635 Slaters Lane.

“Towngate North is comprised of two former corporate buildings which we’ll be extensively renovating to transform into upscale condominiums,” wrote Gregg Hughes, senior vice president at Brookfield Residential, in an email. “We’re excited to use our expertise in innovative homebuilding to revitalize these existing buildings into a new opportunity for people to join the vibrant Old Town North community.”

The 81 one-, two- and three-bedroom condos are anticipated to be priced from the mid $400,000s to $1.6 million. Presales are expected to begin in early 2022, with the first building ready for occupants in October 2022 and the second building ready in early 2023. Planned amenities at Towngate North include a clubroom, conference room, fitness center with yoga room, dog spa, bike storage areas and a rooftop terrace with views of Alexandria and Washington, D.C. Concierge services will also be available.

The Mount Vernon Trail, a paved trail for biking, jogging and walking which stretches 18 miles from Mount Vernon to Roosevelt Island along the Potomac River, will be easily accessible from the development. Towngate North is 1.2 miles from the Braddock Road Metro station and 1.7 miles from Potomac Yard, where a new Metro station is scheduled to open in fall 2022.

The Old Town Waterfront and the shops and restaurants on King Street are about 1.5 miles from the development. Other nearby neighborhoods include Del Ray, Shirlington, and Pentagon City. The development is just off the George Washington Memorial Parkway to drive into D.C. Reagan National Airport is two miles from Towngate North.

For more information and to be placed on a priority list, visit www.TowngateNorth.com

Office-to-Residential Conversion in Old Town North to Open

Posted on May 24, 2021 by - Press

May 24, 2021 | Alexandria Living Magazine Staff Writer

A new condo building at 801 N. Fairfax St. is under construction now in a formerly empty office building.   A commercial-to-residential building transformation at the corner of North Fairfax and Montgomery streets is under construction. The project, at 801 N. Fairfax St., will feature 54 condos.

One-bedroom condos will start in the upper $500,000’s. Two-bedroom condos will start in the mid-$600,000’s and two-bedroom-plus-den condos will be priced in the low $900,000’s. All will have open floor plans 10-foot ceilings, gourmet kitchens and plenty of natural light. The building was an empty office building and is being renovated by Abramson Properties and McWilliams|Ballard.

The condo building’s website, at live801north.com, is inviting would-be residents to sign up for more information about the property.  The building is located near the hotel-to-residential conversion project at the Crowne Plaza in the Old Town North neighborhood.

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