FALLS CHURCH, VA - Insight Property Group, an Arlington, Virginia-based real estate company specializing in residential and mixed-use development, is pleased to unveil the renovations and redesign of Falls Green, a 576-unit multifamily community located in Falls Church, Virginia managed by Bozzuto.
Built in 1974 at 501 Roosevelt Blvd., the property was previously Oakwood Falls Church, a short-term corporate housing community and was acquired through a joint venture of PCCP, LLC & Insight Property Group in 2018. Falls Green has since undergone an extensive repositioning, rebrand and transformation into a residential apartment community. Community amenities were redesigned by popular Washington D.C.-based design group, Edit Lab at Streetsense, to include a renovation of the clubhouse, concierge, kid-friendly multi-purpose room, community market, state-of-the-art fitness facility, clubroom with entertainment kitchen, a coworking lounge and the leasing center.
“With our value-add strategy and complete repositioning of Falls Green, we took the opportunity to create a multigenerational micro-neighborhood that caters to and supports the lifestyles of the broad demographic range of our community,” said Maury Stern, Principal at Insight Property Group. “Residents may come for the location, but they stay for the everyday conveniences, accessibility and retreat-inspired amenities.”
“Since we were renovating an existing project with an existing resident base, we were able to draw on the knowledge and experiences of the long-term employees of the community,” said Brian Miller, Senior Design Director of Edit Lab. “There were existing resident routines, activities, bonds, and more – we refreshed the common areas to support those activities. The end result? An open resident kitchen and a reorientation of the lounge area to better host weekly resident events, like movie nights.”
The community offers studios, one-bedroom and two-bedroom apartments with den options with rents starting in the mid $1,300s. Insight has previously completed such projects at The Apollo on H Street in Washington D.C., The Shelby in Fairfax, Virginia, and is currently focused on the completion of The Elm in Bethesda, Maryland. For more information on Falls Green please visit www.fallsgreen.com or follow on Facebook and Instagram.
About Falls Green: Falls Green is a multifamily community located in Falls Church, Virginia, between Tyson’s Corner, Virginia and Washington D.C. The multi-generational community combines everyday conveniences, urban connections and retreat-inspired amenities. Falls Green offers a layout for every lifestyle with studios, one, two and two-bedroom with den apartments. For more information about Falls Green please visit www.fallsgreen.com
About Insight Property Group: Insight Property Group develops, acquires and re-positions well-situated multifamily and mixed-use properties in the greater Washington, D.C. area. Since our inception in 2009, through the collaboration of a team of highly experienced and locally-focused industry professionals, the Company has unlocked a broad range of investment opportunities that continue to set a standard for strong and innovative execution in the marketplace. Thanks to our partnerships, with investments of over $1.4 billion, Insight Property Group has planned, delivered and acquired over 4,500 residential units and 200,000 square feet of commercial and retail space. Our portfolio of activities includes the development of high-end residential and mixed-use buildings, the acquisition of workforce housing, the construction of affordable housing through public partnerships, the delivery of infill for-sale housing, and the repositioning of close-in suburban rental communities. We approach each project with focus, creativity and care. For more information, visit www.insightpropertygroupllc.com
About Bozzuto: The Bozzuto Group is an experience-focused real estate company distinguished by their innovative developments, dedicated customer service and top-rated workplace culture. With award-winning expertise in homebuilding, multifamily development, construction and management, Bozzuto is devoted to delivering extraordinary experiences for those they serve. Bozzuto Management has been named the Top Property Management Company in the Nation by J Turner Research for the sixth consecutive year and is committed to focusing on the needs of its residents, partners and neighbors, while creating sanctuary for all. Since their founding in 1988, Bozzuto has developed, acquired and built more than 50,000 homes and apartments. Celebrating 32 years of creating sanctuary for their residents, Bozzuto currently manages 80,000 apartments and 2.5 million square feet of retail space along the East Coast, including Washington, D.C., Baltimore, New York City, Chicago, Miami, Philadelphia and Boston. For more information, visit www.bozzuto.com