Dominion Square, 1st 100% affordable community in Tysons, V.A

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Construction will soon commence on Dominion Square, the first 100% affordable housing community in Tysons, Virginia. Recently, Fairfax County Redevelopment and Housing Authority acquired a two-acre site for the project near the Spring Hill Metro station. Additionally, the county also reached an agreement with Arlington Partnership for Affordable Housing (APAH) to build the new affordable housing development.

 

The county’s redevelopment and housing authority finalized an 85 year lease with APAH for the Dominion Square project site. Consequently, the developer can now use the property, which formerly comprised surface parking spaces used by auto dealership. The regional nonprofit, APAH plans to break ground on the project later this year, with its delivery date set for 2027.

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Number of apartments units at the Dominion Square community

Upon completion, the Dominion Square development will feature 516 affordable apartments with several amenities and options. The units will be spread across two residential towers standing at a height of 20 stories. Additionally, the property will also include a community center spanning 33,000-square-feet. The apartments will be available for people earning between 30% and 70% of the area median income (AMI). Residents will also have the option to choose between one, two, and three bedrooms which can accommodate varying sizes of families.

 

The community center will be on the ground level of the Dominion Square development. However, the Fairfax County Neighborhood and Community Services will be in charge of operating the facility. It will provide amenities such as a gym, meeting rooms, multi-purpose spaces, kitchen, administrative offices, and flexible educational spaces. Futhermore, the property also includes underground parking garage as well as a 1,900-square-foot elevated courtyard with amenities for residents.

 

Amazon Housing Equity Fund is providing a below market rate loan of $55 million. As a result, Dominion Square will be developed within one phase. Amazon Housing Equity Fund’s managing principal, Senthil Sankaran said the company was grateful for the opportunity to support APAH. He pointed out that the project would help provide quality, affordable housing close to transit and great schools in the region.