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Capital Business
Posted at 01:30 PM ET, 03/13/2012

Crystal City post office could become 200 apartments

There is a rush on post offices in Washington among real estate developers right now, as companies pounce on properties that are nicely located near commercial hubs but which the U.S. Postal Service can no longer afford to operate. This is happening in Bethesda, in Silver Spring, possibly in Georgetown and now in Crystal City.

The former post office at 1720 South Eads Street, across Route 1 from the Crystal City Metro station, is a single-story brick structure in an area that is already home to major office buildings and hotels. Arlington County is trying to add more, as evidenced by a recent proposal to erect a 23-story office building, what would be the neighborhood’s tallest, nearby.

Kettler, one of the biggest apartment developers in the country, has proposed replacing the Crystal City post office with at least 200 new apartments, a $50 million project. The plans still require county approval, but construction could begin as early as 2013.

Follow Jonathan O’Connell on Twitter: @oconnellpostbiz

By  |  01:30 PM ET, 03/13/2012

Tags:  Crystal City, Kettler

 
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