Publications

Griffin Capital Co., GW Real Estate break ground on 250-unit multifamily community in Charlottesville, Va.
Transactions - APRIL 15, 2024

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Griffin Capital Co., GW Real Estate break ground on 250-unit multifamily community in Charlottesville, Va.

by RELEASED

GW Real Estate Partners, a vertically integrated multifamily construction and development firm, along with joint venture partner Griffin Capital, announce the financing and construction of The Arrowood Charlottesville, a new class-A apartment community located in the Rio Road neighborhood of Charlottesville, Va.

Fifth Third Bank provided construction financing for the project, which broke ground last month. The first buildings will be ready for occupancy in mid-2025, with full completion expected by March 2026.

"We’re excited to partner with Griffin Capital to bring more quality housing choices to the market, particularly when housing options for the metro’s growing population are in such short supply and the feasibility for new development is limited,” said Will Gordon, a principal at GW Real Estate Partners. “The Arrowood Charlottesville will offer residents best-in-class living in a convenient location to Charlottesville-area employers and amenities.”

Forgot your username or password?