Office parks · Virginia
Park+Ford
Opened 1981. Redeveloped · Reinhabited in 2020.
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.
Site profile8 elements · what this retrofit is built with · tap a chip for the evidence
3+ other atlas sites within 10 km
This site: 23 within 10 km computed · all sites with thisCounty lost 10%+ of retail establishments since 2012
This site: -18% census-cbp · all sites with thisCounty typical rent $2,000+
This site: $2,243/mo zillow · all sites with thisUnder 20 acres
This site: 4.6 acres newtypes-extraction · all sites with thisRedeveloped
This site: …a 435-unit apartment community record · all sites with thisReinhabited
This site: …a 435-unit apartment community record · all sites with thisHousing
This site: …a 435-unit apartment community Approved by city council. newtypes-extraction · all sites with thisRetail (continued)
This site: …new_use field newtypes-extraction · all sites with thisNow
| Status | Retrofit builtnewtypes-extraction reported |
|---|---|
| Strategy | Redeveloped · ReinhabitedWikipedia no source |
| New uses | housing, other, retailWikipedia no source |
| What is there now | a 435-unit apartment communitynewtypes-extraction reported |
| Retrofit year | 2020newtypes-extraction reported |
Planning
| Zoning change | approvednewtypes-extraction reported |
|---|---|
| Planning notes | Approved by city council.Wikipedia no source |
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2018 | Sold | $39.5M closed | Lowe | credaglobal.org |
Site context
| Housing permits, Alexandria (Independent City) (VA), 2024 | 0 units in 5+ unit buildings, 0 in 2–4, 25 single-family; 2023: 78 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 23 within 10 km, 47 within 25 km: Foundry (0.0 km); Oakville Triangle (0.0 km); CityHouse Old Town (0.0 km); CityHouse Old Town (0.4 km); 732 N. Washington St. (0.8 km)computed |
| Retail trade in the county, 2025 (BLS QCEW) | 6,458 jobs in 401 establishments; average annual pay $47,638; employment location quotient 0.81; employment -3.8% on the yearBLS QCEW 2025, NAICS 44-45, private |
| Jobs located in the tract, 2022 | 13,150 jobs; 795 in retail trade, 2,100 in accommodation and food (workplace blocks summed to tract 51510201900)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 38th income percentile as adults; 0.9% incarcerated at the 2010 count (28 children in the sample); born 1978–83, measured 2014–15Opportunity Insights |
| Food access (USDA FARA 2019, 2010 tract) | not a low-access tract at 1 mile; poverty rate 3.6%; median family income $185,625; 0 SNAP householdsUSDA ERS |
| Schools | Alexandria City Public Schools (PK-12); 3 public schools within 1 mile: Jefferson-Houston PK-8 School; Lyles-Crouch Elementary; George Washington MiddleNCES EDGE |
| Elevation | 37 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 71 county-logged events: 35 flash flood, 22 thunderstorm wind, 13 flood, 1 hail; $10,161,000 property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events |
| Homes for sale in ZIP 22314, 2026-09 | median list price $758,750 (-12.4% on the year); 139 active listings; median 43 days on market; 19% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 401 establishments (-18%); 6,689 jobs (-10%)Census CBP |
| Housing market in the county | typical home value $673,546 (+2% 1 yr, +11% 5 yr); typical rent $2,243/mo (-1% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 26,969 vehicles a day on 400 (principal arterial, 4 lanes); 454 trucks; 34 counted segmentsFHWA HPMS |
| Site metrics | 123,043 sq ft GLA per acre; FAR 2.82computed |
Summary, model-written
Retrofit completed in 2020 as a 435-unit apartment community (per after_notes). Zoning change approved by city council. Status is 'built' (not planned).
Why. Retrofit already built (opp_reasons), median rent $2,031 noted, housing confirmed in record.
Where it stands. No current development activity (2023-2024 permits show low residential units). Peer projects in VA (e.g., Woodland Park office park) share similar GLA and strategy.
For a planner
- Zoning approved
- Completed retrofit reduces near-term development risk
- Housing demand supported by ZORI ($2,243 median rent, 17.4% 5-year growth)
For a developer
- No active deals (last sale 2018)
- No new construction underway (2023-2024 permits low)
- Housing market shows steady rent growth (ZORI)
What we do not know yet
- No current rent data beyond median figure
- Parcel value and yield metrics missing (value_per_acre null)
- Retail component not confirmed in final use
- No recent sales activity beyond 2018 sale to Lowe/USAA
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- Lexington Mall, Lexington, KY · Malls · similar GLA (508,000 sq ft); opened 1974; same strategy: reinhabit
- Prestonwood Mall, Dallas, TX · Malls · similar GLA (462,277 sq ft); opened 1979; same strategy: redevelop
- Twin Peaks, Longmont, CO · Malls · similar GLA (555,919 sq ft); opened 1985; same strategy: redevelop
- Woodland Park office park, Herndon, VA · Office parks · similar GLA (721,000 sq ft); same strategy: redevelop; also in VA
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- retrofit already built
- median rent $2,031
- housing in the record
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Now called / also known as | Park + Ford |
|---|---|
| Opened | 1981newtypes-extraction |
| Acres | 4.6newtypes-extraction reported |
| Gross leasable area | 566,000 sq ftnewtypes-extraction reported |
| Anchors | U.S. Department of Agriculture, XSport Fitness, United States Department of Agriculture |
| County | Alexandria city |
| Census division | 5 · South Atlantic |
| Notes | Draft from credaglobal.org, model-extracted, unreviewed: A 1980s-era office park in Alexandria, Virginia, was converted into a 435-unit apartment community named Park+Ford. |
Not yet recorded: original developer. Know it? Tell us.
Timeline
- 1981 Park Center constructed
- 1981 Opened
- 2016 Park Center came to market for sale
- 2017 USDA lease ended
- 2018 Lowe and USAA Real Estate acquired Park Center
- 2020 Construction began
- 2020 Retrofit: redevelop, reinhabit
- 2022 Property opened
Sources
- A 1980s-Era Office Park is Reborn as Multifamily Housing
7 quoted sentences
The Park+Ford development in Alexandria, Virginia
When Park Center was constructed between 1981 and 1986
Park Center, a 566,000-square-foot, three-building Class B- office park in Alexandria, Virginia, when it came to market in 2016.
The agency planned to vacate when its lease ended in May 2017.
- What Dead Malls, Office Parks, and Big-Box Stores Can Do for ...
1 quoted sentence
Park + Ford
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