Real Estate Sales & Rental Info At And Around 1600 Prince

The Waypoint of Fairlington’s Construction Begins

Construction of The Waypoint of Fairlington officially kicked off Dec. 9 with a groundbreaking ceremony to celebrate the affordable housing development on the site of a former parking lot of Fairlington Presbyterian Church. Mayor Justin Wilson was among those in attendance, which was limited to comply with current statewide COVID-19 restrictions.

A rendering of The Waypoint of Fairlington

According to the Alexandria Gazette Packet, “The project will provide 81 apartments for low-to-moderate-income families and individuals in Alexandria. Units will range from efficiencies to three-bedroom units, including nine ADA compliant apartments. Resident amenities will include free Wi-Fi, on-site laundry facilities, a community room, enhanced public transport accessibility, and access to a playground and park space on a parcel shared with Fairlington Presbyterian Church and the Potomac Crescent Waldorf School. The community will meet Energy Star green building standards and will be seeking the National Green Building Standard Silver Certification.”

As per Alexandria Gazette Packet, “The Waypoint received a $7.6 million loan from the City of Alexandria, as well as a commitment of nine project-based unit vouchers and significant funding from the Virginia Housing Trust Fund. The project also received 9 percent Low-Income Housing Tax Credits from Virginia Housing. Wesley Housing acquired the site, an underutilized parking lot, from the Fairlington Presbyterian Church following more than three years of talks with City officials, church and the Alexandria community.”

Properties in 1600 Prince Street

$409,000 at 1600 Prince Street SOLD!
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