Industries Commercial Real Estate

NoVA apartment community opens

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Print this page Michael O'Connor | .(JavaScript must be enabled to view this email address)

A new multifamily development has begun leasing in McLean near a public transit stop.

The 319-unit Kingston at McLean Crossing is currently 44 percent leased. The $122 million apartment community off of Route 123 at 7480 Birdwood Ave. was developed by LCOR, a real estate company based in New York with offices in Pennsylvania and Maryland.

The Kingston at McLean Crossing sits near the Silver Line’s McLean Metro station. The property consists of two towers connected by a bridge. It offers mostly one- and two-bedroom units along with some three-bedroom units and townhomes. There are 380 parking spots in an underground garage.

Market rate rents at Kingston for a studio are around $2,000 per month. A two-bedroom unit rents for about $3,200, and a three-bedroom unit rents for around $5,000.

Construction on Kingston began in mid-2015 and concluded in in the fall of 2018. The first tenants started moving in in June 2018. Baltimore-based Design Collective Inc. designed the project.

Amenities at Kingston include a library, fitness center, children’s play area, work spaces, a golf simulator, a dining room, a pool deck and a courtyard.

LCOR also owns the Altaire apartments in Crystal City at 440 Navy Dr. and another parcel in Crystal City where the company plans to develop a mixed-use project. LCOR was also the developer of the 2.5 million-square-foot U.S. Patent and Trademark office complex in Alexandria.

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