Selasa, 11 September 2012

Buchanan Gardens Celebrates Grand (Re)Opening

The newly renovated Buchanan Gardens in Arlington celebrated a grand opening yesterday, after an 18-month, $32 million renovation by low income housing provider Arlington Partnership for Affordable Housing.

"Buchanan Gardens was built as a state-of-the-art garden apartment community for the post-war boom in 1949," said Nina Janopaul, APAH President/CEO.  “It housed generations of families in its original condition.  With APAH’s extensive renovation we have modernized this 111-unit, 100% affordable property to 21st century standards and created committed affordable homes for the next sixty years.”

The rejuvenated development now boasts three-bedroom family units, a dozen barrier-free units, a community room, and a new playground.  Designed by Wiencek + Associates and constructed by Hamel Builders, the new Buchanan Gardens follows EarthCraft Virginia guidelines and features energy efficient roofs, windows, insulation, low flow toilets, and Energy Star appliances.  There's also a new stormwater management system and rain gardens, as well as new tree plantings.

Units will be made available to families making 60% or less of AMI, which works out to about $64,000 for a family of four.  The renovations, which broke ground in April 2011, were funded jointly by the Virginia Housing Development Authority, the Arlington Housing Investment Fund, Low Income Housing Tax Credits, and grants from the Capital One Foundation and the Freddie Mac Foundation.

APAH, a leading developer of affordable housing along Columbia Pike, acquired Buchanan Gardens in 2009.

Arlington, VA real estate development news

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