Tuesday, June 7, 2011

Bainbridge to Renovate, Manage Alexandria, VA Apartment Community



 $9.5 Million Renovation to Improve Quality of Life at CITYSIDE Huntington Metro


Wellington, FL/Alexandria, VA (June 7, 2011) – Bainbridge Companies has begun managing CITYSIDE Huntington Metro (top left photo), a 570-unit apartment community in Alexandria, Virginia.

 In addition, Bainbridge Construction will soon begin a $9.5 million renovation project on the property.

The Carlyle Group and AION Partners recently acquired the community, formerly known as Belle Haven Towers, and named Bainbridge to manage the property and do the renovation. The renovation will include upgraded interiors and exteriors, amenities and landscaping tailored to improve the quality of life at CITYSIDE.

“This is a great opportunity for Bainbridge to show its management and marketing skills to increase occupancy and resident satisfaction,” said Seth Kalinsky (middle right photo), Bainbridge’s Regional Vice President for the Washington, DC metro area. “We are very pleased to add this community to our portfolio and expect to generate great returns for the owners over the next few years.”

“CITYSIDE Huntington Metro has an excellent location near Old Town Alexandria,” said Jared Miller (lower left photo), Vice President of Marketing for The Bainbridge Companies. “The community will soon be enhanced with new amenities, as well as apartment interiors and exterior upgrades that will offer an elevated lifestyle and level of convenience.”

The community includes high-rise and mid-rise buildings at 6034 Richmond Highway near Old Town Alexandria with easy access to Washington, DC, Crystal City, Pentagon City and Maryland. The controlled access community has studio, one-, two- and three-bedroom apartments with fully-equipped kitchens, patios or balconies, ceiling fans and walk-in closets. Amenities include an Olympic size pool, playground and tennis courts.

Contact:
Terri Thornton
404-932-4347 (Cell)



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