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453 Residential Units For Pentagon City 'Paperclip Building'

A vacant office building in Pentagon City may be redeveloped into a 453 residential units. The building is known as the "Paperclip Building" and once served as the Department of Defense Inspector General office. With the decision up to the Arlington County Board this Saturday, the proposal is for the 200-foot-tall, 20-story on 400 Army Navy Drive to have the north tower be redeveloped into a condominium building and the south tower be redeveloped into rental units. The existing building already holds three levels of underground parking, and there are plans to build two levels of above-ground parking as well. The redevelopment will alter the streetscape with the removal of Old South Eads Street. The space would instead become a pedestrian walk. According to ARLnow, the developer will provide $6.6 million in community benefits for the added density along with 15 affordable housing units in the building, $1 million to the Army Navy Drive Complete Streets project, $91,000 to Arlington's utility underground project, and $75,000 to the county's Public Art Fund and to the improvement of the traffic signal at the intersection of Army Navy Drive and S. Eads Street.
· Board to Consider 20-Story Pentagon City Apartment Building [ARLnow]