Chesapeake Community Advisors

The Views at Clarendon

The Views at Clarendon

CURRENTLY UNDER CONSTRUCTION

The Views at Clarendon project is the new construction of 116 rental residential units in Arlington, Virginia. Seventy of the units will be affordable at less than 60% AMI and the remainder of the units will be market rate. Twelve units will serve the disabled and will have project-based Section 8 certificates. The Views will offer 120 underground parking spaces and is located one block from the Arlington Metro stop. The building will be LEED certified and will incorporate numerous green features.

The property, at 1210 N. Highland, is currently the location of the First Baptist Church of Clarendon (FBCC). The property currently consists of the FBCC building and an education building which houses the largest daycare in Arlington. The vision for the development, in a location with unparalleled access to public transportation and amenities, grew from FBCC’s desire to expand their ministry into affordable housing. Their strong commitment to this project has been evidenced by their four year journey to successfully overcome neighborhood resistance.

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Project Details

Development Type: New Construction
Number of Units: 116
Type of housing: Family
Total Development Cost: 50 Million
Financing: VHDA Taxable Bonds, Arlington County AHIF Loan, section 1602 Exchange Grant
Location: Arlington, Virginia
Project Start: December 2009
Project Complete: December 2011
Development Role: Financing Consultant
Unit Mix: Studio, One, Two & Three (60% affordable, 40% market rate)
Architect: MTFA
Contractor: Bozzuto Construction
Developer: The Views Corporation with BDC & CCA, Inc.
Owner: 1210 N. Highland LP
Investor: N/A
Lender: VHDA, Arlington County

33 South Gay Street, Suite 200, Baltimore, Maryland 21202 (p)410-685-6005