Residences at North Hill

Project Details:

Location: Alexandria, VA

Project Value: $70.5 Million

Owner: Pennrose, LLC and Community Housing Partners Corporation

Overview:

The Residences at North Hill form a crucial component of a significant redevelopment initiative situated in Alexandria, Virginia. This comprehensive revitalization endeavor involves transforming a previously underutilized 34+ acre site into a dynamic community space comprising a 12+ acre public park, approximately 175 townhomes for sale, and 279 affordable multifamily apartments. Led by a partnership between Pennrose, LLC and Community Housing Partners Corporation, The Residences at  North Hill represents this project’s affordable multifamily rental segment. Initially acquired by the Fairfax County Redevelopment and Housing Authority (FCRHA) in the 1980s, the site was once a mobile home park. The Residences at North Hill encompass 279 affordable rental apartments across five buildings.

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