Snell Properties Ltd
06/17/2024 | Press release | Archived content
Snell Receives Approval for Stevenson Avenue Residential Development
Snell Receives Approval for Stevenson Avenue Residential Development
Alexandria, Virginia (June 17, 2023) - Snell Properties received unanimous approval from the Alexandria City Council on Saturday, June 15th for its proposed redevelopment of the site located at 6101 Stevenson Avenue site in Alexandria, Virginia.
Snell Properties will raze the existing office building and redevelop the property with a 7-story multi-family property, bringing 271 one, two, and three-bedroom units with 248 at market rate, 19 at 60% AMI, and 4 at 40% AMI. The redevelopment will also provide underground parking for 340 vehicles, removal of one existing curb cut and a substantial amount of surface parking from Stevenson Avenue, and new streetscape improvements.
"This redevelopment project offers an opportunity to reinvigorate the Stevenson Avenue site," Tim Friemel, Vice President of Development of Snell Properties, said. "We are thrilled to be adding new housing stock to the greater Alexandria area."
This project is on track to be shovel-ready as early as next year.
About Snell Properties
Headquartered in Arlington, Virginia, Snell Properties is an investor, developer, and asset manager of a portfolio of multifamily, commercial, and mixed-use properties in urban and suburban submarkets surrounding Washington, D.C. and throughout the Southeast United States. Founded in 1947 by George Snell, the company has built a legacy of creating value with its core portfolio of multifamily and commercial assets. Today Snell is managed by a seasoned team of real estate professionals with expertise in value-add renovations, development, finance, acquisitions, and asset management. With a noteworthy portfolio of assets and exciting plans to expand into new markets and ventures, Snell is a boutique firm building on its legacy in innovative ways, including the redevelopment of the Ames Center in Rosslyn. For more information, please visit snellproperties.com.
Contact: Emily Bricker [email protected] 301.424.4141
Snell Properties Ltd published this content on June 17, 2024, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 27, 2026 at 12:25 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]