Theempty Red Cross building (4333 Arlington Blvd) in Buckingham will come down in a few weeks to make way for a new apartment building called The Cadence.

The building, developed by Wesley Housing Development Corporation, will have 97 units, all set aside for low- and moderate-income households. It is part of a complex that includes 19 nearly complete market-rate townhouses a stones throw away.

Local officials, project financiers and construction company representatives gathered for a socially distanced groundbreaking on Tuesday afternoon at the site in Buckingham. The event also commemorated renovations that will begin next year on the neighboring complexes, Whitefield Commons and Knightsbridge apartments, which Wesley also operates for low-income residents.

The cadence that we set has changed tempo a few times, from where we were to where we are going, but were still moving ahead and at this point, we see no reason that we wont stick the rest of the schedule going forward, quipped Shelley Murphy, President and CEO of Wesley Housing.

Mark Weisner, the president of Bozzuto Construction Company, which is building The Cadence apartment building, said his company has a lot of work to do in the next 24 months, when the building is set to open its doors to renters.

Wesleys presence in Northern Virginia continues to grow, as well as its staff.The nonprofit owns and operates 2,000 affordable housing units across the region, with about 690 units located in Arlington, including a mixed-income apartment building in Rosslyn that opened in 2017. The company also provides services and programs to residents.

Libby Garvey, the chair of the Arlington County Board, said this groundbreaking is an important milestone for the county, which like every in-demand urban area struggles to maintain affordable housing when wealthy families also desire to move in.

Healthy communities provide work and housing opportunities for all levels of the social and economic spectrum, Garvey said. The pandemic has shown clearly how important housing is to everyones health.

Murphy said the moderate-income units and market-rate townhouses in The Cadence make good on a promise that Wesley made to the community to bring more income diversity to Buckingham, which has a significant number of affordable housing units already.

We want to make sure we are helping Arlington County build neighborhoods of opportunity, she said.

Knightsbridge and Whitefield Commons provide extremely deep affordability for families with an average income of less than $20,000 and $30,000 a year, respectively, she said. The Cadence will cater to families of four who earn between $62,000 and $80,000 a year.

Wesley also promisedto preserve the Whitefield Commons which was built in 1943 and formerly known as the Windsor Apartments and to encourage residents to seek transportation alternatives to cars. The developer faced someopposition from neighbors, who said Buckinghams percentage of affordable housing units is much higher compared to other neighborhoods.

The project has received state and county funding, loans and tax credits. Additional funding comes from Wesley selling the land for the townhouses to Tysons-based home builderMadison Homes.

See the article here:
Mixed-Income Apartments Break Ground in Buckingham - ARLnow

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October 13, 2020 at 6:08 pm by Mr HomeBuilder
Category: Apartment Building Construction