Retrofit Atlas

Office parks · Virginia

Park+Ford

Imported, unreviewedRedevelopedReinhabitedRetrofit builtAlexandria, VA

Opened 1981. Redeveloped · Reinhabited in 2020.

Status nowRetrofit builtnewtypes-extraction reported
What it becamehousing, other, retailWikipedia no source
Site size4.6 acresnewtypes-extraction reported
Last sale$39.5M · 2018public reporting
Retrofit year2020newtypes-extraction reported
Reach the owner Download dossier (PDF) · early access Download record (JSON) API Share LinkedIn Correct this record

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.

Map view. No verified photo yet. Send one.

Site profile8 elements · what this retrofit is built with · tap a chip for the evidence

Place
3+ other atlas sites within 10 kmThis site: 23 within 10 km computed · all sites with this
County lost 10%+ of retail establishments since 2012This site: -18% census-cbp · all sites with this
County typical rent $2,000+This site: $2,243/mo zillow · all sites with this
Scale
Under 20 acresThis site: 4.6 acres newtypes-extraction · all sites with this
Strategy
RedevelopedThis site: …a 435-unit apartment community record · all sites with this
ReinhabitedThis site: …a 435-unit apartment community record · all sites with this
New use
HousingThis site: …a 435-unit apartment community Approved by city council. newtypes-extraction · all sites with this
Retail (continued)This site: …new_use field newtypes-extraction · all sites with this

All elements and lists · Trends

Now

StatusRetrofit builtnewtypes-extraction reported
StrategyRedeveloped · ReinhabitedWikipedia no source
New useshousing, other, retailWikipedia no source
What is there nowa 435-unit apartment communitynewtypes-extraction reported
Retrofit year2020newtypes-extraction reported

Planning

Zoning changeapprovednewtypes-extraction reported
Planning notesApproved by city council.Wikipedia no source

Deals and debt

DateEventPricePartiesSource
2018Sold$39.5M closedLowecredaglobal.org

Site context

Housing permits, Alexandria (Independent City) (VA), 20240 units in 5+ unit buildings, 0 in 2–4, 25 single-family; 2023: 78 in 5+Census BPS
Other atlas sites nearby23 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, 202213,150 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
SchoolsAlexandria City Public Schools (PK-12); 3 public schools within 1 mile: Jefferson-Houston PK-8 School; Lyles-Crouch Elementary; George Washington MiddleNCES EDGE
Elevation37 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-202571 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, 2026-09median 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 2023401 establishments (-18%); 6,689 jobs (-10%)Census CBP
Housing market in the countytypical 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 metrics123,043 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 asPark + Ford
Opened1981newtypes-extraction
Acres4.6newtypes-extraction reported
Gross leasable area566,000 sq ftnewtypes-extraction reported
AnchorsU.S. Department of Agriculture, XSport Fitness, United States Department of Agriculture
CountyAlexandria city
Census division5 · South Atlantic
NotesDraft 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

  1. 1981 Park Center constructed
  2. 1981 Opened
  3. 2016 Park Center came to market for sale
  4. 2017 USDA lease ended
  5. 2018 Lowe and USAA Real Estate acquired Park Center
  6. 2020 Construction began
  7. 2020 Retrofit: redevelop, reinhabit
  8. 2022 Property opened

Sources

More in Virginia