Construction on the new $62 million apartment project at 2201 Pershing Drive, at the intersection with Route 50, is nearing completion. One of the two buildings is expected to open in mid-July, with the other expected to open in September. The apartments in each feature sound-resistant windows, hardwood floors, stainless steel appliances, and in-unit washer/dryers.
The 188-unit complex is currently leasing for both residents and for retail tenants.
The buildings together have 31,000 square feet of retail space on the ground floor. Developers envision up to four restaurants, with outdoor sidewalk seating, and a 12,000 square foot specialty grocery store, like Yes! Organic Market or Balducci’s. One of the retail bays is pre-built for a wood burning oven, with the hopes of attracting a Matchbox-type restaurant.
Though the complex is about a 15 minute walk from Clarendon, most retail customers who do not live in the immediate area are expected to drive. To accommodate them, a 125-space at-grade retail parking lot has been built behind the buildings. That’s in addition to the 270 underground spaces for residents. Both the residential and retail parking areas will have electric car chargers.
While attempting to bring a revamped retail district to Pershing Drive (the apartment complex replaced a former strip mall), developer Equity Residential is also paying for improvements to the streetscape. Company officials expect the road construction currently in progress will be complete by the time the first apartments open in July. Improvements include a complete repaving, planted center medians, trees, brick planters, overhead utility relocations.