TCR Announces Plans for 280-Unit Rental Community

By Anuradha Kher, Online News EditorAlexandria, Va.–Trammell Crow Residential (TCR) is developing a 2.8-acre 280-unit rental apartment community called Alexan Carlyle, located at 800 John Carlyle St. in the Carlyle neighborhood of Alexandria, Va.Alexan Carlyle is a $94 million joint venture between TCR and Olayan America Corp., with construction financing provided by PNC Bank. This is TCR’s latest luxury apartment development in the Washington D.C. metropolitan area. It will have feature stories and amenities will include a pool, clubhouse, exercise room, billiards room, business center and more. Designed by Cubellis DCA, the building incorporates three distinct architectural styles. One portion of the building reflects the classic federal architecture of nearby Old Town Alexandria, another shows Art Deco flair and the third has the look of loft dwellings created from urban warehouses. The first batch of units is scheduled to open in late 2009.Alexan Carlyle is located in the 77-acre Carlyle neighborhood, just two blocks from the two million-sq.-ft. U.S. Patent and Trademark Office complex. The neighborhood is master-planned for a high-density, urban mixed-use center and includes office, retail and residential development, all within walking distance of the Metro.