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New Development

Overview
Giant/ABC Site
2nd Street Green Project
Power Plant Site
Old Colony Inn Site
National Airport North
Metro Bus Barn Site
Travel Lodge Motel Site
The Towns at 1333
Powhatan Potomac Yard
Mount Vernon Trail
Robinson Terminal North
Robinson Terminal South
Old Dominion Boat Club
The Thornton
Hoffman Town Center
Landmark Mall
Potomac Yard Metro
Alexandria Sewer
Craddock/Smoot Lumber
Potomac Yard

Redevelopment

Montgomery Street
Crowne Plaza
Waterfront Center
Holiday Inn
Beach Drive

Park Development

Montgomery Park
Windmill Hill Park
Jones Point Park
Potomac Yard Park

Completed Projects

National Airport South
Canal Center Plaza

 

The Towns at 1333
1333 Powhatan Street

In spring 2014, The Rubin Group, a real estate development company, acquired an unremarkable one-acre site at 1333 Powhatan Street that had huge potential.  Unremarkable because a 1970s-era warehouse and asphalt parking lot occupied the property.  Huge potential because the parcel was one of the last sizeable lots available for redevelopment in a booming neighborhood transitioning from light industrial to high-end residential and commercial uses.  TRG's purchase price was $4.1 million.

By autumn 2014, the city had approved TRG's plan to build 18 luxury 4-story brick condominium townhomes, each with about 1,900 square feet of living space, 3 bedrooms, 3.5 bathrooms, and a 2-car garage.  Once the project was green-lit, TRG sold the development rights to M/I Homes in September 2015.  TRG's sales price was nearly $6.5 million.

The new community, originally called The Powhatan Townhouses and now branded The Towns at 1333, is currently under construction.  The condos are being marketed by Comstock Homes at a starting sales price of $920,000.  Collective sales price of the 18 units will be more than $16.5 million.  A neighborhood map is below left, a site map is below right, and a view of a completed section of the project facing Powhattan Street, which was taken on September 5, 2017, is at upper right.

 

 

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