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ALEXANDRIA, VA
5001 Eisenhower
Story
5001 Eisenhower Avenue is a large, outdated office building, originally constructed in 1973 for the U.S. Army Material Command. Since that agency's move to Ft. Belvoir in 2003, the 600,000+ SF building has been vacant. The building's chronic vacancy has significantly raised Alexandria's total office vacancy rate and is a contributing impediment to significant Eisenhower West redevelopment activity.
The existing office building will be converted into 377 units at various levels of affordability:
- 82 units would be available at 50-60% of the Area Median Income (AMI)
- 189 units would be available at 80% AMI
- 106 units will be available at 100% AMI
PROJECT DETAILS
SIZE
9.37 Acres
LOCATION
Alexandria, VA
SERVICES
Office Conversion
Kenneth Wire - Land Use Attorney
The Penrose Group
“The City and the region have a housing supply crisis not an office supply crisis. This project will provide both rental and home ownership housing units in close proximity to the Metro Station and an affordable housing building.”
Kenneth Wire - Land Use Attorney
The Penrose Group
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