Views at Clarendon Construction to Begin in November 2009

Views at Clarendon Expected to Achieve LEED(R) Silver Certification

The Views at Clarendon Corporation today announced construction will commence in November 2009 on the Views at Clarendon, a mixed-use, mixed-income development that marks a significant step in addressing Arlington, Virginia's affordable housing shortage.

"This type of much-needed, transit-oriented affordable housing - made possible by a partnership between Arlington County, VHDA and The Views at Clarendon Corporation - will complement and enhance nearby revitalization and redevelopment initiatives, helping to ensure Arlington's future economic viability," said Jerry Morris, chairman, The Views at Clarendon Corporation.

The development, located just a half block from the Clarendon Metro station, will consist of eight stories of apartment homes atop two stories housing the site's existing occupants, The Church at Clarendon and the County's largest child daycare center. The development will also preserve the church's steeple - a landmark in Clarendon - and create 120 underground parking spaces.

"This project brings enormous community benefits to a location that is less than one block from the Metro," said Barbara Favola, chairman, Arlington County Board. "The Views really captures Arlington's vision of creating an inclusive community even in the high-cost metro corridor."

The Class A apartment community will consist of 46 market-rate apartment homes and 70 affordable apartment homes, of which 12 will be supportive housing for very low income households. The residences will be a mix of studios, one-, two- and three-bedroom floor plans.

The Views at Clarendon is registered with the U.S. Green Building Council and is expected to achieve at least a LEED Silver certification. The project is also designated as a Smart Growth Project by the Washington Smart Growth Alliance.

Views at Clarendon residents will benefit from environmentally-conscious features and products including bike storage, carpool drop-off area, Energy Star appliances, dual-flush toilets, low VOC paints, Green Label Plus carpet and recycling centers on each floor.

The project is being co-developed by Bozzuto Development Company and Chesapeake Community Advisors. Bozzuto Construction Company is the general contractor and Bozzuto Management Company will professionally manage the community. The Arlington Partnership for Affordable Housing has served as consultant to the project since its inception.

A groundbreaking ceremony will be held at the site Saturday, October 17th at 1:00 p.m. For regular updates regarding the community, Clarendon Corporation.

Source: Clarendon Corporation

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