JLB Partners has acquired 1575 Anderson Road (map) in McLean from Cityline Partners for just over $30 million, and plans to move forward with construction of 425 apartments on the site, UrbanTurf has learned.
JLB has plans for two luxury buildings on the site — a 15-story, 224-unit apartment development and a six-story, 201-unit building. JLB tells UrbanTurf that they plan to break ground next summer with delivery 18 months after construction begins.
1575 Anderson Road is located just north of the McLean Metro Station (Silver Line) scheduled to open in January 2014.
This article originally published at http://dc.urbanturf.com/articles/blog/jlb_buys_tysons_site_plans_425_apartments/7372
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