More than 800 new homes planned as part of mixed-use redevelopment in Northern Virginia

Plans to bring hundreds of new apartments to Arlington, Virginia, have moved forward after local officials approved a major redevelopment proposal that will replace two aging office buildings with a modern mixed-use community.
The Arlington County Board approved a site plan amendment submitted by New York-based Monday Properties for the properties located at 1401 Wilson Boulevard and 1400 Key Boulevard. The approval clears the way for a large-scale residential project in the Rosslyn neighborhood, just outside Washington, D.C.
Under the proposal, the existing office buildings will be replaced by two 27-story residential towers containing a total of 831 apartment units. The development will also include nearly 29,000 square feet of street-level retail space, highlighted by a full-service grocery store, along with a structured parking facility. More than half of the 2.1-acre property will be dedicated to publicly accessible open space.
The redevelopment has been in planning for several years and has been updated to better reflect the region’s growing demand for housing and the increasing need to repurpose older office properties. In 2024, Monday Properties secured new financing for the project through BH3 Management.
Company officials say the project will do more than add housing, helping transform Rosslyn into a more complete neighborhood by expanding retail options and improving community amenities.
An earlier redevelopment plan approved in 2014 envisioned replacing the existing office buildings with one residential tower and one office tower. However, Monday Properties introduced a revised concept last year that focuses entirely on residential growth and neighborhood-serving retail.
The two office buildings previously housed a variety of tenants, including General Dynamics Mission Systems, the U.S. Department of Defense, Information Technology Association of America, Computer Sciences Corporation, and Professional Risk Management Services, according to CoStar data.
The property at 1401 Wilson Boulevard also holds historical significance as the location of the “Deep Throat Garage,” where former FBI official Mark Felt secretly met with Washington Post reporter Bob Woodward during the Watergate investigation.
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The project team includes Shalom Baranes Associates as the lead architect, ParkerRodriguez as the landscape architect, and VIKA Capitol serving as the civil engineering and site design consultant.
Source: Original reporting by Jonathan Lehrfeld, CoStar News.