A former TSA headquarters in Arlington, vacant since the pandemic, is set to be converted into 637 residential apartments. The redevelopment aims to address housing needs in the area.
“The county just has such a tremendous shortage of affordable units. We know being in an amenitized location is something people need and want.”
“FCRHA and our partner Lincoln Avenue Communities are catalyzing affordable housing for the area’s wide variety of workers on unused land in Tysons.”
“The building's dimensions make it one of the best conversion candidates I have ever seen.”
“Pentagon City’s unparalleled access, dynamic retail scene and growing residential demand make this an ideal opportunity to create a mixed-use community that will serve as a hub for the area.”
Zoning and regulatory approvals
MediumEngage with local authorities early to ensure compliance and expedite approvals.
Construction cost overruns
HighImplement strict project management controls and contingency budgeting.
Market demand fluctuations
MediumConduct thorough market analysis and adjust project scope to align with demand trends.
End of Intelligence Report · 1 Sources Verified