Print Print
March 28, 2014 Published in City Hall

ARHA Board Votes Not To Pursue Acquisition Of Washington Suites Alexandria

Email this to someoneShare on FacebookShare on Google+Pin on PinterestShare on StumbleUponShare on TumblrTweet about this on Twitter

By Carla Branch
alexandrianews.org

Washington Suites Alexandria (Courtesy photo)

Washington Suites Alexandria (Courtesy photo)

The Board of Commissioners of the Alexandria Redevelopment and Housing Authority voted last week not to pursue the acquisition of the Washington Suites Alexandria property.

The property is located at 100 S. Reynolds Street and is currently operated as a hotel although the owners have expressed interest in converting it to apartments, which it was once before. ARHA, which is planning to redevelop seven properties, including its senior high-rise building, looked at the Washington Suites Alexandria as potential replacement housing for public housing residents who are over 55 years of age or have some type of disability.

“The Alexandria Redevelopment and Housing Authority examined the potential of acquiring and developing the Washington Suites property into a senior (+55) building,” said ARHA Executive Director Roy Priest. “This would have provided replacement housing for the senior residents who are going to be relocated from several of our senior properties that are scheduled for redevelopment. After careful consideration, we determined that the acquisition of the property was not a sound business decision for us at this time.”

The Washington Suites Alexandria was built in 1965 and was last renovated in 1980. The nine-story building has 233,883 square feet of space and is located on 3.71 acres. The property’s estimated value is $20.7 million. 

Comments are closed.