For Sale Residential

Parkside at Alexandria

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Overview


 

Originally developed as a rental townhome and garden apartment community, Parkside at Alexandria was acquired by Urban Atlantic in 2004. Urban converted the community into condominiums through a development that featured $53,000/unit in renovations including upgrades to kitchens, bathrooms, flooring, and HVAC systems. Parkside at Alexandria was a prime candidate for conversion due to its location, affordability for first time homebuyers, and majority townhome configuration. It became home to many "hometown heroes" including local police, firefighters, teachers and nurses.

 

 

Location

Alexandria, VA

 

Size

370 Units

Year Completed

2009

 

Project Type

For-Sale Condo Renovation

 

 

Legacy at Lincoln Park

 

Overview


 

Legacy at Lincoln Park is a national model for public-private revitalization utilizing no public funding for development costs. This innovative development replaced an obsolete public housing community with 60 townhomes and detatched single family homes. Urban Atlantic worked with Rockville Housing Enterprises on an innovative mortgage program that allowed households from a wide range of incomes to purchase within the new community.

 

 

Location

Rockville, MD

 

Public Partner

Rockville Housing Enterprises

 

Size

60 Units

Year Completed

2007

 

Acreage

5

 

Project Type

For-Sale New Construction