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| Rendering of planned Woodfield Dulles Station Multi-Housing Project, Herndon, VA |
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| Walter Coker |
WASHINGTON, D.C. –– Holliday Fenoglio Fowler,
L.P. (HFF) announced it has arranged joint venture equity and construction
financing for the development of Woodfield
Dulles Station, a 400-unit, Class A multi-housing property adjacent to the
future Innovation Center Metro station in Herndon, Virginia.
HFF worked on behalf of
the developer, Woodfield Investments, to arrange joint venture equity from an
undisclosed capital partner. U.S. Bank
provided a $69 million construction loan.
Woodfield Dulles Station
is part of Dulles Station, a 63-acre, mixed-use, master planned community
providing a walkable live-work-play lifestyle.
In addition to its
location directly adjacent to the future Innovation Center Metro station, the
transit-oriented property will be situated just off the Dulles Toll Road and
Route 28 interchange and approximately five miles from Reston Town Center, 14
miles from Tysons Corner and five minutes from Dulles International Airport.
Due for completion in 2017,
the five-story, NBGS Silver-certified, eco-conscious property will have studio,
one- and two-bedroom units averaging 850 square feet each.
Community amenities will
include a resort-style swimming pool; gourmet outdoor kitchen spaces; rooftop
multi-amenity deck; professional-grade fitness center; state-of-the-art
conference space; computer lounge; coffee bar; and direct-access, secured
parking garage.
The HFF multi-housing team representing the
developer was led by Walter Coker and
Brian Crivella.
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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