One interesting sign that the local housing market is starting to rebound in Arlington is the construction of new condos.
I'm usually apprehensive about talk of new condos popping up close-by, as Clarendon already seems over saturated with dense residential housing like 1021, Station Square, Zoso, Clarendon Reserve, The Clarendon Apartments, and Phoenix to name just a few high rises. Plus with the new 10 story apartment tower going up at Clarendon Center I start to wonder if there is more supply than demand near this Orange line station.
But Clarendon 3131 looks to be different than most new condos. It is several blocks south of the Metro station, which limits its height to only four stories. The proposed layout of the building is two four story townhouses that sandwich 16 single floor condos.
I've been watching the construction continue along with some of my neighbors, and will be interested if the million dollar price tag for the townhouses will hold up at the end of the year.