Bell Partners Completes Alexandra Apartment Complex
The property, located outside of the Metro DC Beltway, is part of the Potomac Yard Master Development and is not far from the Braddock Metro station. The Potomac Yard site is a 295-acre tract in the northeast part of the city, formed out of a former railroad yard.
By Dees Stribling, Contributing Editor
Alexandria, Va.—Bell Del Ray, a 276-unit apartment property in suburban Washington, DC, has been completed and is now leasing. The lead developers of the project, Greensboro, NC-based Bell Partners Inc. and Woodfield Investments, began work on Bell Del Ray in late 2012.
The property, located outside of the Metro DC Beltway, is part of the Potomac Yard Master Development and is not far from the Braddock Metro station. The Potomac Yard site is a 295-acre tract in the northeast part of the city, formed out of a former railroad yard. When complete, the master development will have as much as 1.9 million square feet of office space, 135,000 square feet of retail (in addition to the existing 600,000 square foot Potomac Yard Retail Center), and 1,700 residential units.
Bell Del Ray is pet-friendly, and also includes a private parking deck and 3,480 square feet of ground-floor retail. The property contains a mix of one- and two-bedroom apartments, with some two-bedroom units offering loft-style floor plans. The units will average 846 square feet, with rents ranging from $1,800 per month for a one-bedroom, one-bath floor plan, to $3,365 for a two-bedroom, two-bath floor plan.
Common amenities include two lap pools, a swimming pool, a sundeck with outdoor kitchen, outdoor lounge with firepit, and a game room. The property also features a conference room, business center, a fitness center with yoga and weight rooms, valet trash service, leasing office and coffee bar.
“Our target market for Bell Del Ray is the apartment dweller who’s looking for suburban convenience with urban excitement,” Wende Marshburn-Smith, vice president of operations at Bell Partners, tells MHN. “The location and amenities package caters to young professionals, families with young children, or more experienced buyers looking to downsize.”