Work is kicking off on a massive new development in West Rosslyn, and its developer is offering a first look at its plans to build three new residential towers, a new fire station and an improved Rosslyn Highlands Park.
The D.C. developer Penzance announced today (Monday) that it would be dubbing the project “The Highlands,” which will be located at 1555 Wilson Blvd.
In all, the development will include 104 condos, 780 apartments and 40,000 square feet of retail space, including a new CVS pharmacy replacing the old shop at the location that closed earlier this year.
The Highlands is the result of a years-long effort by county officials to guide the redevelopment of a busy section of Rosslyn while maintaining space for public amenities, including a new Fire Station 10 included in the development and a public school on the adjacent site of the old Wilson School. The 1.2 million-square-foot Highlands development will also be centered around a new park to replace the existing Rosslyn Highlands green space.
“The Highlands will establish a culturally-rich, welcoming, and lively urban-style space that aligns nature with architecture to create a pedestrian-friendly, connected environment, delivering equal parts D.C. culture with Northern Virginian charm,” John Kusturiss, Penzance’s vice president of development, said in a statement.
Penzance, which purchased the property at 1555 Wilson for $67 million back in 2011, has already kicked off initial preparations at the site. In all, the developer plans to build a 27-story tower featuring 449 apartments, a 26-story building populated by the 104 condos and a 23-story building with 331 apartments. Amenities at the site will include “a cabana-covered rooftop pool, private club deck and state-of-the-art fitness center,” according to a Penzance release.
The CVS is the only ground-floor retail tenant the developer has announced thus far, but it expects to unveil others soon. The construction will also include a “north-south connector street” to better connect Wilson Blvd to 18th Street N. for pedestrians, the developer said.
Penzance hopes to hold an official groundbreaking for the project on Oct. 24, and expects the entire project to be finished by 2021. The new Wilson school is set to open next fall.
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