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JV to develop mixed-use community in Virginia
Transactions - NOVEMBER 10, 2021

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JV to develop mixed-use community in Virginia

by Released

Fairstead, Mill Creek Residential and The Communities Group have been selected to redevelop the Samuel Madden Homes in Old Town Alexandria, Va., in partnership with the Alexandria Redevelopment and Housing Authority (ARHA).

The development team will reposition the site to create a sustainable mixed-use community with affordable and workforce housing, including new homes for current residents, retail, and a new public park with a playground and art installations. Two local nonprofits will provide on-site services to residents and the community: The Hopkins House will operate an early learning and childcare center, and ALIVE! will provide food-access services.

When complete, the redevelopment proposes to feature 482 units of affordable, workforce, and market-rate housing. The redevelopment will replace all of the existing units at the site on a one-for-one basis, with all current residents returning to new homes. All residents will have access to amenities in both buildi

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