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Insight Acquires Silver Spring Post Office, 310-Unit Apartment Building Coming

by UrbanTurf Staff

Insight Acquires Silver Spring Post Office, 310-Unit Apartment Building Coming: Figure 1
Rendering of new Insight project.

Apartment developer Insight Property Group and Nova-Habitat, Inc, have acquired the Silver Spring Post Office at 8616 Second Avenue (map), and will start construction on a 310-unit apartment project on the site in the 4th quarter of 2012. Insight went under contract on the property back in May 2011, and the new project will be its first outside of Virginia.

Insight has a number of projects in the works for the area, including 67 units at the site of an apartment building at 1200 North Rolfe Street in Arlington that we reported on last week. It’s yet to be determined if these units will be condos or rentals, but the building will have amenities like a fitness center, bar, lounge and billiards room. Delivery is estimated by the end of the year.

This article originally published at https://dc.urbanturf.com/articles/blog/insight_acquires_silver_spring_post_office_310-unit_apartment_building_comi/5114

3 Comments

  1. Joy said at 9:03 pm on Monday February 13, 2012:
    What will happen to the post office on 2nd avenue?! That's the post office I use.
  1. Bella La Noir said at 9:13 pm on Monday February 13, 2012:
    that's the exact same thing I'm thinking,joy
  1. jag said at 9:22 pm on Monday February 13, 2012:
    I don't believe there's currently a plan for the post office to relocate anywhere. Glad to see the site will be redeveloped at a much higher density, but I sure hope the post office decides to set up in a storefront somewhere in downtown Silver Spring. In the Blairs shopping center makes a lot of sense (if there's a vacancy there down the line).

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