Amid low demand and apartment vacancies spurred by COVID, a few buildings in Arlington are seeking to switch things up.
Dittmar has applied to Arlington County for a minor site plan amendment to permit the addition of hotel use, which would be applied to 25 of the vacant units in each of three buildings the company manages.
If approved, the proposal would turn roughly 5% of the units in each of Courtland Towers (579 units total), Randolph Towers (523 units total), and Virginia Square Towers (534 units total) into "flexible" units.
With the site plan amendment, the landlord would be able to rent those units as either furnished short-term rentals of fewer than 30 days, or with leases of various terms longer than 30 days. The applications suggest optimism for future short-term rental demand.
"Due to the ongoing COVID-19 pandemic, the Applicant has experienced unprecedented levels of vacancy in residential units. It believes that, as business travel begins to return to the region in the future, there will be a demand for leases of furnished units for less than 30 days. The Applicant seeks to serve this group of people by converting a portion of the residential units on the Property to Flexible Units to allow for a more socially-distanced temporary stay in Arlington."
This article originally published at http://dc.urbanturf.com/articles/blog/flexible-hotel-conversion-requested-for-a-few-arlington-apartment-complexes/17741
Most Popular... This Week • Last 30 Days • Ever
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
Another development is moving forward spitting distance from another entrance of the ... read »
The outpost will bring some of Sandlot's successful partnerships and experiences to a... read »
The H Street Corridor once epitomized DC's development boom, but construction activit... read »
With 2021 in the rearview mirror, UrbanTurf breaks down a series of numbers that prov... read »
UrbanTurf is re-running its primer on property taxes which outlines a few things that... read »
After two years of market forces left this neighborhood nearly unrecognizable, signs ... read »
The Shaw pipeline is starting the year off hot.... read »
The upzoning would mandate additional Inclusionary Zoning units for developments alon... read »
Is U Street regaining steam as the development center of gravity in the neighborhood?... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro