Monday Properties, a dynamic real estate investment firm and industry-leading developer, continues to grow its multifamily portfolio and geographic footprint with the delivery of The Blake, a Class A multifamily community in Alexandria, Virginia. The building, which offers 300 residential homes and resort-like outdoor-in amenities, contributes to the critical need for new housing in a booming region that continues to attract global businesses.
“When we broke ground in 2020, we had a vision of creating a highly amenitized lifestyle that blended community and connectivity, and that is exactly what is being delivered at The Blake,” said Frank Craighill, Vice President of Development at Monday Properties. The reactions from residents have been overwhelmingly positive, and we are excited to build on that momentum throughout lease-up.”
The Blake's first residents arrived in March—before the project fully delivered—and current activity is buzzing with prospective renters. The Blake offers studio, one-, and two-bedroom apartments with contemporary, stylish interiors and sweeping views of the DC metro area, including the Washington Monument and Capitol Building from select units. Each unit features open floor plans with designer finishes, luxury vinyl plank flooring throughout, and modern stainless-steel appliances. The building consists of six- and seven-story wings and emphasizes transitional architecture, consisting of five stories of wood frame construction over one and two levels of concrete podium that wraps around an internal seven-level precast garage.
The Blake’s first-class amenities connect the two residential wings and include a resort-style pool, a fitness facility with a yoga studio, a pet spa, game room, a dedicated fiber line for high-speed internet, and expansive collaboration and co-working spaces. The development is walking distance to The Shops at Mark Center, featuring high-quality retail and convenience such as banks, grocery stores, dry cleaners, salons, and several restaurants. The site offers convenient access to I-395, is 15 minutes away from Capitol Hill, and just 10 minutes from the Pentagon, Amazon’s future headquarters in National Landing, Virginia Tech’s Innovation Campus, and Reagan National Airport.
“Northern Virginia is an exciting business hub for innovative tech companies, government agencies, and Fortune 500s, which in turn is creating a vibrant community of professionals who want to live and work in convenient proximity,” said Timothy Helmig, Managing Partner at Monday Properties. “Alexandria is a first-tier market, and we have the opportunity to transform the community with housing that combines all of a tenant’s favorite amenities at a great price point. We are especially enthusiastic about the innovation that Virginia Tech and AmazonHQ2 are bringing to the untapped market.”
The Blake is located at 2000 N Beauregard St., situated within a designated Opportunity Zone Census Tract. The Blake is a new development that is uniquely positioned in a thriving office park, which is also owned and operated by Monday Properties. For more information, please visit https://theblakealexandria.com/.
About Monday Properties:
Monday Properties is a vertically integrated real estate investment firm that owns, operates, develops and invests in a dynamic portfolio of mixed-use properties. Since 2002, the firm has completed over 86 property transactions representing 35 million square feet and $16 billion in capital value. Monday Properties uses their comprehensive strategy based on high-growth markets and opportunistic investments to deliver unique commercial and residential investment offerings that transform communities and focus on connectivity. The company’s current portfolio totals more than 5 million square feet of commercial office space, as well as 3,600 multifamily units that are either developed, planned or under construction. For more information on Monday Properties, please visit www.mondayre.com.