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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

 

Crowne Plaza Redevelopment
901 North Fairfax Street

In August 2017, the Washington Business Journal reported that Carr Properties, the dominant Washington, D.C.-based real estate development company, having recently finished construction of the new Hotel Indigo Old Town Alexandria at the foot of Duke Street in early May 2017, was planning to redevelop the Crowne Plaza Old Town Alexandria located at 901 North Fairfax Street on the east side of Montgomery Park a block away from Watergate of Alexandria. 

The hotel that was built in 1973 and has 253 guest rooms and 245,000 square feet of space.  In December 2016, the Washington Business Journal reported that Carr's lenders were threatening to foreclose on the property due to a default on a $42.5 million loan that was originated by G.E. Financial and later transferred to a mortgage-backed securities portfolio.  The city's 2017 assessed value of the property is $25.4 million.

Apparently, as was done with The Oronoco Waterfront Residences a few years ago, Carr proposes to strip the existing building down to the superstructure, reskin the building, convert the interior space from offices to residential, build luxury townhomes over the parking garage, and create room for retail shops or some sort of "art space" on the ground floor.  Details on the redevelopment to come.  The owner does not need to go through the city's development review process for this project.  For conversion projects of this type, the only government approvals required are building permits.

 

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