FAIRFAX, Va. — Dallas-based Silverstone Senior Living has started construction of The Fairfax, a 154-unit seniors housing community in Fairfax.
The project is located within Metro West, a transit-oriented, mixed-use development approximately 16 miles west of Washington, D.C.
Development costs for the seniors housing portion of the development are estimated at $75 million. When completed, the community will feature 124 assisted living units and 30 memory care units in a 158,000-square-foot, seven-story building.
Silverstone purchased the 1.4-acre parcel from Pulte last year, and expects to finish construction in 2021. The architect on the project is Perkins Eastman.
“We are pleased to be a part of Metro West and offer another residential option to this exciting master-planned community,” says Bobby Zeiller, chief development officer and head of the D.C. office of Silverstone, who will lead the company’s expansion into the D.C. region.
The Fairfax location is one of three communities that Silverstone plans to start construction on in 2019. In June, the company plans to start on a $76 million community in Rockville, Md. By the end of the year, Silverstone plans to break ground on a $100 million community in Alexandria’s Potomac Yard, adjacent to the future Virginia Tech Innovation Center and near Amazon’s second headquarters in Crystal City.