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WestEnd Alexandria Receives Approvals to Move Forward with Development 

WestEnd Alexandria Receives Approvals to Move Forward with DevelopmentResidential blocks have been approved and announced Potomac, MD, December 19, 2022 – Landmark Land Holdings, LLC—a joint venture that includes Foulger-Pratt, The Howard Hughes Corporation® (NYSE: HHC) and Seritage Growth Properties (NYSE: SRG)—announced today it has received entitlement approval for the first four buildings to beContinue reading “WestEnd Alexandria Receives Approvals to Move Forward with Development “

Transwestern Secures 76,275 SF Industrial Lease at New Class A Facility in Dulles Corridor

Transwestern Real Estate Services (TRS) has secured a full building lease for Gateway 28, a new 76,275-square-foot industrial development at 22900 Indian Creek Drive in Sterling, Virginia. Transwestern’s Stephen Cloud, Caulley Deringer and Andrew Hassett arranged the 10-year transaction for a Virginia-based provider of IT solutions on behalf of the asset owner and developer Foulger-Pratt. “Gateway 28 is a premier industrial property inContinue reading “Transwestern Secures 76,275 SF Industrial Lease at New Class A Facility in Dulles Corridor”

Foulger-Pratt Breaks Ground on $101M Affordable Housing Project in Northeast D.C.

WASHINGTON, D.C. — Foulger-Pratt has broken ground on Paxton, an affordable housing development located at the intersection of Benning Road and 16th Street in northeast Washington, D.C.’s Kingman Park district. The $101 million project will feature eight studio, 87 one-bedroom, 16 two-bedroom and 37 three-bedroom rental apartments upon completion, which is set for April 2024.Continue reading “Foulger-Pratt Breaks Ground on $101M Affordable Housing Project in Northeast D.C.”

Foulger-Pratt Breaks Ground on Paxton, Launches Affordable Housing Division

WASHINGTON, D.C. (October 13, 2022) – Foulger-Pratt and its partners broke ground today on Paxton, a 148-unit, 160,000 square-foot market-rate quality all-affordable apartment community located at the intersection of Benning Road NE & 16th Street NE. The development is a collaboration between real estate developer Foulger-Pratt and Enduring Affordable Housing Corporation. The $101 million projectContinue reading “Foulger-Pratt Breaks Ground on Paxton, Launches Affordable Housing Division”

Plans for Bowman Towne Court moving forward

Plans for a new development in Reston are moving forward and a public hearing will be held next week on a proposed interim agreement with the contractor, Foulger-Pratt LLC. The 2.89-acre property owned by the Fairfax County Redevelopment and Housing Authority (FCRHA) is at the intersection of Bowman Towne Drive and Town Center Parkway. TheContinue reading “Plans for Bowman Towne Court moving forward”

Foulger-Pratt, Partner Land $90M To Build 148-Unit Affordable Building Near H Street

A 148-unit, all-affordable housing project on the edge of the H Street Corridor has secured nearly $90M in new financing and has started construction. The Paxton, an all-affordable project in Ward 7 from developers Foulger-Pratt and Enduring Affordable Housing Corp., has received nearly $47M in tax exempt bonds and $42M in local and federal Low-IncomeContinue reading “Foulger-Pratt, Partner Land $90M To Build 148-Unit Affordable Building Near H Street”

Foulger-Pratt Sells 1,752-Unit Self-Storage Facility in D.C.

Potomac, Md.-based Foulger-Pratt has sold a 1,752-unit self-storage facility located at 72 Florida Ave. in Washington, D.C. A partnership between Invesco Real Estate and Baranof Holdings purchased the facility for an undisclosed price. Steve Mellon, Brian Somoza, Craig Childs, Bill Prutting and Jay Wellschlager of JLL represented the seller in the transaction. Built in MarchContinue reading “Foulger-Pratt Sells 1,752-Unit Self-Storage Facility in D.C.”

Jefferson Plaza redevelopment approved in Woodbridge

A new affordable housing complex is coming to a derelict Woodbridge shopping center. During its meeting Tuesday, the Prince William County Board of Supervisors voted 7-0 to approve a request to rezone the defunct Jefferson Plaza Shopping Center in Woodbridge. Supervisor Yesli Vega, R-Coles, was absent from the vote. Potomac, Md.-based Foulger-Pratt Development LLC plansContinue reading “Jefferson Plaza redevelopment approved in Woodbridge”

WestEnd Developers Reveal Buildings That Will Replace Landmark Mall

If you’ve driven by Landmark mall lately, you’ll see that the former shopping mall in Alexandria’s west end is quickly turning into a pile of rubble. Foulger-Pratt, Inova and other partners are transforming the 51-acre site for residential, hospital and retail use with significant green space. At a meeting Thursday evening, developers presented the firstContinue reading “WestEnd Developers Reveal Buildings That Will Replace Landmark Mall”

Foulger-Pratt, Howard Hughes, Seritage Demolish Landmark Mall in Alexandria for 4 MSF Mixed-Use Project

ALEXANDRIA, VA. — Foulger-Pratt, The Howard Hughes Corp. and Seritage Growth Properties have broken ground on their 4 million-square-foot WestEnd Alexandria project with the demolition of Landmark Mall. Built in 1965 as an open-air shopping center, the 715,520-square-foot Landmark was converted to an enclosed shopping mall in 1990. The mall officially closed its doors inContinue reading “Foulger-Pratt, Howard Hughes, Seritage Demolish Landmark Mall in Alexandria for 4 MSF Mixed-Use Project”