Facing high rates of pandemic-era apartment vacancies, Dittmar Company is looking to recoup its losses through short-term rentals.
The Tysons-based developer and property management group is asking the Arlington County Board for permission to convert up to 75 furnished apartment units in three Arlington buildings into flexible hotel rooms.
Randolph Towers in Ballston, Courtland Towers in Courthouse and Virginia Square Towers in Virginia Square will each have 25 units available as short-term rentals under the proposal.
These “Flexible Units,” which comprise less than 5% of the total units in each building, may be rented for short-term stays of fewer than 30 days or long-term stays of more than 30 days. Dittmar will require a minimum length of stay of at least three consecutive nights, and the units cannot be rented for more than 90 nights in a calendar year, according to a county staff report.
Currently, the furnished units are “rented by foreign embassies, corporations, universities, medical facilities, and other tenants desiring long term residential stays,” Nicholas Cumings, Dittmar’s legal representative, wrote in a letter to the county this spring.
They are “typically vacant for three months out of the year and require significant operational costs (i.e. provision of utilities, furniture, housekeeping facilities and housekeeping personnel, etc.),” said Cumings, an attorney with the land use firm of Walsh Colucci.
The new arrangement would allow Dittmar to offset the losses from when such furnished units are vacant, Cumings said. The conversions would be in effect for up to five years.
County Manager Mark Schwartz recommends the County Board approve the request during its meeting on Saturday. The County Board previously heard the requests in May and, following staff recommendation, deferred them to allow for more conversations and analysis, county staff wrote.
“Concerns have been raised by the community and Planning Commission regarding the potential impacts on housing affordability and the absence of County policy on temporary conversions of residential to hotel use,” the staff report said. “Since the Flexible Units may be rented by any individual seeking either a long- or short-term furnished stay, staff expects the temporary conversions to have limited, if any impact on the broader housing supply or rental rates.”
One resident told ARLnow he thinks this arrangement will lead to a spike in travelers in the building.
“Although they claim now to rent furnished units to institutional partners (like universities or embassies), I worry that Dittmar will seek to rent them on a day-to-day basis,” the resident said. “This will ruin the nature of communities that are primarily for long-term tenants. When we finally get through the pandemic and people can travel more freely, I worry that these buildings will become prime destinations for countless travelers.”
In his letter, Cumings wrote that Dittmar “has no desire to operate as a hotel and seeks the ability to rent their existing furnished units for short-term stays in order to offset the cost of vacancies throughout the year.”
The rental units will be a mix of one-, two- and three-bedroom units, mostly located on the lower floors, “with some premium furnished units located on the penthouse floors,” he said.
The County Board will be meeting in-person on the third floor of county government headquarters, at 2100 Clarendon Blvd in Courthouse. It resumed in-person meetings in June after switching to virtual meetings last year due to the pandemic.
Update on Delayed Rosslyn Development — “The approved Arlington County site plan setting up the eventual demolition of two obsolete office buildings — one home to the Deep Throat garage…
Good Wednesday evening, Arlington. Today we published articles that were read a total of 14291 times… so far. 📈 Top stories The following are the most-read articles for today —…
ARLnow has been providing independent, in-depth coverage of Arlington since 2010. We are committed to keeping readers informed about the issues that matter most to the community, including those that…
Residents of The Shelton, an affordable housing development in the Green Valley neighborhood, are raising concerns about property management and poor treatment of residents. They previously raised these same issues…
Please join us on Saturday, June 3, from 2 to 4 pm for the Glencarlyn Home Tour in Arlington’s historic Glencarlyn neighborhood. Among the featured homes will be a sparkling new home by A&N Builders at 5604-4th St. South. The inviting front porch opens to a light-filled space featuring high ceiling, wood floors, gas fireplace, Pella windows, Shrock cabinets, Quartz countertop, and JennAir appliances. Doors from the family room open to a large covered porch with a few steps to the level, landscaped rear yard. Upstairs, there are four bedrooms, three bathrooms, laundry room, and linen storage. The big lower level has a rec room, gym space, and a fifth bedroom and bathroom plus even more storage. After leaving the home, stroll to the Ball-Sellers home, the oldest residence in Arlington, the community gardens at the library, Carlin Hall, and the 94 acre Glencarlyn Park. A lovely way to while away a late spring afternoon.
Is home ownership a goal of yours in 2023? Now is the time to make it happen! Grab a (virtual) drink with the area’s top Real Estate experts, learn all about the home buying process and on how you can get $1,500 towards your closing costs immediately!
Did you know the average Arlington renter will spend $150K in 5 years of renting? Stop paying down someone else’s mortgage! Join us for a Rent vs. Buy Happy Hour on Wednesday, June 7th at 6 p.m. via Zoom. If this time doesn’t work, we also are offering times convenient for your schedule!
A lot has happened in the local market since the beginning of the pandemic. Sip on your drink of choice and learn from Northern Virginia, Arlington and Washingtonian Magazines top producing agents! We will discuss the latest market updates, the home buying process and rent vs. buy cost savings. Please RSVP by clicking here.
Call/text Manavi at 703-869-6698 with any questions!
Homebuying 101: Steps to Getting Pre-Approved
Are you ready to jump into homeownership or started considering it but don’t know where to start? Financial preparation is key when thinking about purchasing your first home and the first step to getting pre-approved.
Join ACFCU’s mortgage loan officers
4th of July Celebration & Fireworks
Treat yourself this Independence Day with a world-class, private 4th of July extravaganza at the Military Women’s Memorial – a premier National Capital Region site.
Great food, fun, and the best views of Washington DC’s spectacular fireworks display. Relax, enjoy,