- vision - process - capabilities - experience -

Potomac Yard, a 300 acre site located in the City of Alexandria and Arlington County, Virginia, had seen six master plan schemes in twelve years, all of which failed. Via a joint-venture with Lazard Freres and CommonWealth Partners (CommonWealth Atlantic Properties), the firm set to own and re-entitle the land.

The plan for the Alexandria portion of the site is highlighted by a new "Town Center". The plan also includes 1.9 million sq. ft. of office space, a 625-room hotel, 135,000 square feet of neighborhood retail space and approximately 1,900 residential units. The plan for the Arlington site includes 2.8 million sq. ft. of office space, a 625-room hotel, 100,000 sq. ft. of neighborhood retail space, approximately 1,000 residential units and a 25 acre park.

The approved plans provide for the creation of high-quality mixed-use communities of townhouses, apartments, hotels, retail, offices, substantial active and passive open space, pedestrian-friendly neighborhoods, parks and playfields, and a transit-oriented transportation system. Net fiscal benefits to the Arlington and Alexandria communities over a 20-year period are projected to exceed $500 million.