[ad_1]

Placeholder

Courtesy of Torti Gallas & Partners

Rendering for the redevelopment of the Samuel Madden Homes web page in Alexandria

Options filed with Alexandria expose the city’s intention to insert hundreds of new economical models as portion of a blended-use community in north Old City.

Developers prepare to redevelop the web page of the Samuel Madden Households to incorporate 529 models and ground-floor retail and amenity space, in accordance to specifics shared with Bisnow.

Much more than fifty percent of the models would be very affordable and workforce housing. The new growth sits on 3.4 acres involving Henry and Patrick streets and would replace a cluster of 66 very affordable units composed of two- and three-bed room townhouses.

The Alexandria Redevelopment and Housing Authority is partnering with Fairstead, Mill Creek Household and The Communities Group on the challenge.

“The Samuel Madden Properties sit at a crucial web page in Northern Virginia,” Fairstead Progress Director Noah Hale explained in a assertion. “It is a gateway to Alexandria, and just minutes absent from Amazon HQ2. It has the opportunity to serve as an significant url in the group with mixed-revenue housing, general public open up house, and required childcare and food stuff sources for the entire community.”

Additional than 50 percent of the models in the new advancement would be income limited, totaling far more than 260 households. A part would be reserved for these creating 30% to 60% of the spot median money, and other people would be reserved for workforce housing, or those homes making among 60% and 80% AMI, in accordance to the designs.

A lot of of the facilities in the creating will provide its minimal-revenue residents. The progress partners have brought on nonprofit Hopkins Property to function a 13K SF daycare and early discovering middle. The plans also consist of a 500 SF foods pantry.

That would leave an supplemental 16K SF for street-level retail, and a 10K SF public park is planned for the web site.

Mill Creek Residential has centered in modern many years on city or city-adjacent homes with strong growth probable, Government Running Director Sean Caldwell advised Bisnow in 2019.

Fairstead, a vertically integrated countrywide developer targeted on sustainability and affordability, has an business office in Bethesda. 

[ad_2]

Resource connection