J Luna Apartments Update 04/16/21

Jefferson Apartment Group Acquires Ballston Development Site for $12M

Jefferson Apartment Group and Stars REI have acquired the development site at 1031 North Vermont Street in Arlington for $12,252,400. Plans for the 55,000 square foot site call for 108 units total a mix of 10 townhomes and a 7-story, 98 unit apartment building. Amenities are set to include a rooftop terrace and resident lounge.. The development team hopes to start construction in Q4 of this year. 

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