Atlantic Realty Begins Construction of $72M, 210-Unit Community in Metro D.C.

RESTON, VA. — Atlantic Realty Cos. has started construction of Hunters Woods at Trails Edge Senior Living Community in Reston, about 22 miles west of Washington, D.C.

The $72 million seniors housing facility will span 230,000 square feet on a 4.3-acre lot. The development team, which comprises Atlantic Realty, AEW Capital Management and IntegraCare, is demolishing the existing United Christian Parish Church to make way for the 210-unit community by January 2019.

The property will feature 90 independent living, 81 assisted living, 15 special needs and 24 memory care units. The project will offer 20 percent of the independent living units as affordable units and 4 percent of the assisted living beds will be available for residents who are eligible for the Virginia Department of Aging and Rehabilitative Services Auxiliary Grant Program.

Jim Kornick of Avison Young’s Washington, D.C., office was the lead advisor bringing the project to fruition.

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