Latest News
Penzance Wins Approval for Big Three- Tower Multifamily Project in NoVA
The Arlington County Board unanimously approved Penzance’s plans for One Rosslyn, a three-tower, 970,000-square-foot multifamily development in Arlington, Va.’s Rosslyn neighborhood. The project, designed by Studios Architecture and Hickok Cole, and co-developed by The Baupost Group, will feature 845 apartments and condo units, copious green space and 14,000 square feet of retail.
read moreNew condos and apartments in Arlington County could draw Amazon HQ2 workers
A condo development that was already in the pipeline in Arlington County, Va., might get an uptick in interest from people seeking to relocate to the Washington area for Amazon’s second headquarters in Crystal City.
Construction is underway at the Highlands, a residential and retail community around 1555 Wilson Blvd. When completed, which is anticipated to be in 2021, the Highlands will include three residential high-rise towers, a new fire station, a new street, 50,000 square feet of amenity space, 40,000 square feet of ground floor retail space and a newly redeveloped Rosslyn Highlands Park.
read moreThey might have renamed Rosslyn, too. And more details from Virginia’s HQ2 pitch.
The Virginia piece of Amazon.com Inc.’s second headquarters, we now know, will be located in “National Landing,” a rebranded amalgam of Crystal City, Pentagon City and Potomac Yard.
National Landing was a formal part of the commonwealth’s pitch to Amazon. But, did you know, so was “Capital View”? And what is Capital View? That would apparently be Rosslyn and its immediate surrounds.
Beyond JBG Smith: 20 Developers Poised to Benefit from Amazon in Northern Virginia
The big winner of Tuesday’s announcement that Amazon selected Northern Virginia for half of its second headquarters was JBG Smith, the Chevy Chase-based REIT that will lease Amazon space for its initial offices and sell it land for future development of the 4M SF campus. But the e-commerce leader establishing such a massive presence in Crystal City, Pentagon City and Potomac Yard, an area it is now rebranding as National Landing, is sure to create ripple effects that will flow throughout the surrounding area and affect hundreds of properties.
Vida Fitness Signs On For 27K SF At Penzance’s Rosslyn Development
Penzance celebrated the groundbreaking Wednesday of its three-building, mixed-use development in Western Rosslyn and announced its anchor retail tenant.
Vida Fitness signed a 15-year lease for 27K SF of the development’s ground-floor retail space at the 1555 Wilson Blvd. project, a Penzance spokesperson said. Vida Fitness founder David Von Storch was on hand at the groundbreaking to celebrate with the development team.
read more