The Frasier

Type

$74 million. wood frame over podium. multifamily

Location

Alexandria, Virginia

Units/Size

249 units.
212,000 NRSF

Timeline

Completed in 2015

Results

94% occupanct
at sale in 2017.

Just a ¼ mile from the planned Potomac Yard Metro Station, The Frasier is a Class A+ luxury rental community in the heart of Alexandria, VA’s Potomac Yard mixed-use redevelopment.  After shepherding the project through a complex entitlement process, MGL developed The Frasier in partnership with The Bozzuto Group, one of the east coast’s best multifamily operators.  The project earned multiple awards, including the 2016 GALA Award – Best Design and Architecture, Multifamily, New Construction and a MHN 2015 Gold Medal – Most Tech-Savvy Apartment Community.  The Frasier will continue to benefit from the build-out of the Potomac Yard submarket, including Virginia Tech’s recently announced, 1 million square foot Innovation Campus.