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Latest NewsPenzance Looks To Add 3 Residential Towers To Rosslyn Skyline
The D.C.-based developer is planning to construct 900K SF across three towers on the site of Rosslyn Gateway. It has filed site plans with Arlington County for the project, branded as One Rosslyn, the company announced in a press release Tuesday.
“This is a very special site,” Penzance partner John Kusturiss told Bisnow, adding that his company has been “keeping an eye on” it since it was entitled for redevelopment more than a decade ago.
Penzance is partnering with Boston-based The Baupost Group on the project, which is being designed by Hickok Cole and Studios Architecture.
The towers are planned to total 862 units and 15K SF of retail, a Penzance spokesperson told Bisnow. There are two rental towers planned, one with 461 units and the other with 319, and one condo building with 82 units.
“There is definitely a shortage of housing in the region, in Arlington and specifically in Rosslyn,” Kusturiss said. “The Rosslyn sector plan calls for more housing, and we think this is just a phenomenal location for more multifamily housing. So we’re bringing forward three residential towers that will be a mix of unit sizes and price points and ownership […]
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Arlington Firefighters Move Into New Fire Station 10 in Rosslyn
Construction on the three towers of The Highlands, which started in October 2018, is wrapping up. The fire station appears to have finished earlier than developer Penzance anticipated. A spokeswoman previously told ARLnow the station would be ready in the fall, along with a new apartment tower and condo tower.
Passersby can see a 35-foot tall sculpture of a bronze nozzle with twisting spirals of stainless steel, representing water. At night, light illuminates the stainless spirals. The art installation, a tribute to firefighters, marks the first time public art has adorned a fire station.
Baltimore artists David and Eli Hess were commissioned for the art, which […]
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As Interest in Luxury DC Apartments Soars, Developers Are Competing to Offer the Most Extravagant Amenities Possible
This development in Rosslyn consists of three separate residence towers: two apartment buildings, Aubrey and Evo, and the condominium tower Pierce. While Aubrey and Pierce are currently open, Evo is expected to be ready for move-ins next month. One-bedrooms at Pierce are on the market in the $900,00 range, while one-bedrooms at Aubrey and Evo start around $2,300 a month.
Aubrey has many of the amenities one would expect at a luxury apartment—a rooftop pool, an exhibition kitchen, a coworking area, a high-end gym—and Pierce has a two-story fitness center. But Evo’s amenities are especially bougie. Think a 65-foot-long rooftop pool […]
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New Rossyln Development Marks Construction Milestone
A project that is changing the skyline of Arlington has just celebrated its “topping out.”
The massive Highlands residential development in Rosslyn recently reached its full height. Construction, which has continued through the pandemic and some notable challenges, is expected to wrap up in the second half of 2021.
The Highlands, when completed, will consist of nearly 800 luxury rental apartments, just over 100 condos, 40,000 square feet or retail space, a renovated park, and a new ACFD Fire Station 10.
It’s located at 1555 Wilson Blvd, at a high point in the Rosslyn neighborhood, adjacent to H-B Woodlawn’s new building known as […]
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Penzance Offers Peek into Herndon Office Park Revitalization
Penzance, a DC-based real-estate firm, is offering a peek into its revitalization plans for Spring Park, an office park located at 455 and 475 Springpark Place.
The office park is located within a mile of the company’s planned major mixed-use neighborhood near the future Herndon Metro Station. The firm acquired 10 single-story buildings for $75 million nearly one year ago.
In an Aug. 5 presentation to the Town of Herndon’s Architectural Review Board, Penzance indicated it is looking into “revitalizing the whole site” and improving its connection to the Washington & Old Dominion Trail.
So […]
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