425 Montgomery Street

Future Residential Development

425 Montgomery Street, a prime site in Old Town adjacent to Montgomery Park in Alexandria, VA, is currently home to a vacant office building, which Carr Properties plans to demolish and develop a 250,000 square foot multi-family property, compromised of 234 residential rental units, including affordable housing units. The property will include below-grade parking, 15,800 square feet of outdoor space, a performing arts venue, and nearly 7,000 square feet of additional ground floor retail space.

425 Montgomery Street is located 1.5 miles south of Potomac Yards, in close proximity to upcoming transformative developments such as Amazon HQ2 and the Virginia Tech Innovation Campus.

425 Montgomery Street will stand eight stories tall and will offer studio to three-bedrooms units. Best-in-class amenities include an outdoor pool and resident lounge/amenity center. Approximately one-third of the units will boast picturesque views of the Potomac River. Carr will bring 425 Montgomery Street to life with partners SK+I Architecture and interior design firm Edit Lab by Streetsense.

425 Montgomery Street will follow industry leading sustainability measures and is designed to achieve LEED Silver certification.

Property Specifications

LocationOld Town Alexandria
Anticipated Completion Date2026
Number of Floors8
Building Size250,000 SF
Number of Units234

Property Location

425 Montgomery Street, Alexandria, VA 22314