Construction Begins on New Braddock Metro Place Project
Ten-story rental apartment building on Madison Street could be completed as early as December 2014.
Braddock Metro Place Investors LLC has lined up $50 million in financing for a 99-foot-high, 10-story rental apartment building on Madison Street, according to a Washington Business Journal Report. The 165-unit, 43,000-square-foot complex, which was approved by Alexandria City Council in April 2012, will be located about 500 feet east of the Braddock Road Metro Station. See: City Council Approves 10-Story Rental Building by Braddock Road Metro. Construction on the site was planned to begin last week and could be completed as early as December 2014, according to the report. “We pretty quickly got [financing] interest out of the gate from the parties we were interested in,” said Andrew McAllister, executive director of MAC Realty Advisors …
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Joseph M.
4:15 pm on Wednesday, February 20, 2013
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