In the Ballston neighborhood of Arlington, Virginia, there are plans for a brand new mixed-use building that is set to complete the pre-approved Founder’s Square project.
At 4040 Wilson Boulevard, a 22-story building will be constructed with five levels of underground parking. According to a news release, the LEED Gold-certified project will feature two floors of retail space topped by eight floors of office space and 12 floors of residential space. There will be a total of 244 apartments throughout, ranging from studios to one- and two-bedrooms.
This building is part of the five-building Founder’s Square project, which the Arlington County Board originally approved in 2008 and amended in 2011 and 2016. So far, four of the buildings have been constructed.
The developer of the project is The Shooshan Co. The architect is RTKL.
Some of the community benefits that will come with the project include a $6.6 million contribution for improvements to Mosaic Park and a $75,000 public art contribution. There will also be a $900,000 cash contribution for affordable housing.
For more information on all of the community benefits, check out the news release on the Arlington, Virginia website here.