Northern Virginia Development Embraces Post-Pandemic Design Trends

First units at the D.C.-area property are expected to be delivered in 2025. Rendering courtesy of The NRP Group

A joint venture of multifamily developer and builder The NRP Group and real estate investor Angelo Gordon has broken ground on a market-rate apartment community called Lake Pointe in Woodbridge, Va. The development represents NRP’s second partnership with Angelo Gordon. Santander provided the construction loan.

Situated on 15 acres, Lake Pointe will feature a quintet of four- and five-story buildings. The apartment community will offer 355 apartments. The property will embrace post-pandemic trends, like larger units, floorplans with dens, work-from-home facilities and onsite private telecommuting locations. A dog park and spa will be among the amenities offered.

Convenient location

Lake Pointe is located 20 miles south of Washington, D.C., within Prince William County. The apartment community is situated near the Prince William County Parkway exit on Interstate 95, a location passed by almost 160,000 visitors a day. A broad array of shops, stores and restaurants are located at the nearby Potomac Mills shopping center. Offering a range of medical care services, the new Kaiser Permanente medical center hub is close by and offers same-day appointments.

The new apartment community offers a short commute to residents working in mission-critical locations such as U.S. Army Fort Belvoir and Marine Corps Base Quantico. Also within walking distance are a number of household-name retail establishments, including Target, DICK’s Sporting Goods, Best Buy, Starbucks and Panera Bread.

The first apartments in Lake Pointe are scheduled for delivery in 2025. Two months ago, NRP Group opened a new fully affordable multifamily community in Irvington, N.J.