Paxton is a 159,617 sf, multi-family building that will be home to 148, 100% affordable units, contributing to the production of much-needed affordable housing in Washington DC’s Ward 7. The 5,300 sf of amenity space will be a valuable asset to engage and nurture a healthy and active community. Along with these active spaces, the design of the building accommodates dedicated program space for the Permanent Supportive Housing (PSH) provider and Community of Hope to facilitate its ongoing support of the families residing in the units set aside for PSH. The project provides an opportunity to extend the rapid development of the H Street Corridor eastward along Benning Road. It also provides immediate access to the dynamic retail amenities of H Street and the recently completed streetcar, which provides walkable access to Metro via Union Station.
Foulger Pratt is committed to contributing to the housing crisis across the country and the delivery of Paxton in Spring 2024 will be an exciting addition to a neighborhood and community in desperate need of high-quality housing made available at a reduced market-rate.
The Thornton is ideally situated in charming Old Town Alexandria near restaurants, retail, and some of the best recreational resources in the region, including the adjacent 18-mile Mount Vernon trail. The 439-unit community boasts some of the largest studio, one- and two- bedroom luxury apartments in Alexandria. Its unique waterfront orientation (directly seated on Huntington Creek), convenience to Old Town Alexandria, and immediate access to the Capital Beltway and George Washington Parkway make it an ideal location for DMV renters. Its proximity to three Metro stations, the Metrobus transit, Dash, and major employment centers also add to its value in the area’s rental landscape. Foulger Pratt sold The Thornton in 2019 but continues to manage the property on behalf of Starwood REIT.
This is the second Class-A office building that exists in a mixed-use environment. The superb amenity-rich location and planned retail on the first floor have contributed to the pre-leasing of two of the six floors.
This project is located in the highly desirable North Park neighborhood just north of downtown San Diego. It will consist of ground-floor retail with 124 apartment homes. The community is designed with smaller living units and attractive outdoor amenities for those seeking the exciting, active lifestyle of the North Park area. North Park is known for its incredible diversity of bespoke restaurants and shops while being just a short ride-sharing trip to Balboa Park, Hillcrest, and downtown San Diego.
Winner of NAIOP’s 2013 “Best Building Renovation: Adaptive Re-Use” award, Loudoun III was acquired and repositioned into a medical office building. Its location, accessible from the Dulles Toll Road (Rt 267) and Routes 7, 28, and 15, provides a built-in tenant base for medical providers. It stands directly across from the Inova Loudoun Hospital entrance and near the Howard Hughes Medical Institute. Repositioning efforts have delivered results, both in lowered vacancy and in radical property value growth.
This 600-unit former military housing community recently underwent a significant $6.5 million exterior renovation and has been rebranded and repositioned to market-rate units. The property is stabilized and remains a desirable community due to its mix of spacious floorplans (two to four bedrooms available), a robust amenity package and proximity to I-95, Fort Belvoir, Quantico, Potomac Mills Mall, and the historic town of Occoquan.
Park Potomac is home to a desirable retail lineup including Founding Farmers, Gringos & Mariachis, King Street Oyster, Harris Teeter, Love Couture Bridal and Orange Theory Fitness along with complementary services perfect for the residential and commercial offerings also found onsite. Year-round programming including artesian markets, concerts and pet-friendly events draw in the surrounding community, which can easily access the site with a dedicated exit from I-270 and a location only minutes from I-495. The site is equipped with surface, street and garage parking.
Additional phases of Park Potomac call for residential, commercial and retail square footage. At completion, the site will be one of Montgomery County’s most desirable live/work/play communities.
This Class A office building is conveniently located in the Downtown Silver Spring, transit-oriented, mixed-use town center, just inside the beltway and adjacent to the Silver Spring Metro Center. Over one million square feet of retail shops, restaurants, movie theaters, and a live music venue nearby provide an unparalleled amenities base. The building is at full occupancy under long-term leases and is the only project in Silver Spring to have secured anchor tenancy from downtown Washington, DC.
Directly adjacent to the Silver Spring Metro Center, this complex is home to the headquarters of the National Oceanic and Atmospheric Administration (NOAA), one of the region’s largest public sector tenants. A tenant since 1990, the lease was recently renewed through 2028. This project reflects the full array of Foulger Pratt’s capabilities, from market insight in its original conception to effective long-term asset management.
This Class A office building is located in the Park Potomac master-planned, mixed-use development. The project boasts ideal highway accessibility, as well as a walkable amenity core which includes a mix of restaurants, retail and daily conveniences like Harris Teeter, all of which have contributed to full occupancy.
