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A joint venture of The JBG Companies and their equity partner Rockwood Capital, LLC awarded a $28 million contract to Clark Residential to build The Royalton Condominiums at 1700 Duke Street in Alexandria, Va. The property is situated near the entrance of the expansive Carlyle residential and commercial development outside of Old Town.
Adjacent to the King Street Metro, this new condominium offers both historic charm and modern convenience. Cast stone, pre-cast, and EIFS compliment The Royalton’s brick facade. Designed by Mushinsky Associates/MR+A of Bethesda, Md., the four-story building will feature 116 condominiums, with efficiency, one- and two-bedroom floor plans.
Each unit includes a chef-caliber kitchen with 42-inch cabinets, granite countertops, and premium appliances. Two-and-a-half levels of below-grade parking also will be built. Enclosed by dramatic walls of windows, the residences feature 10-foot ceilings and an abundance of closet space.
The ground floor of the building will be home to a Whole Foods Market, as well as a beautiful lobby, cutting edge fitness center, and high-tech residential library. The anticipated completion date for the project is Summer 2005.
Located in Bethesda, Md., Clark Residential is a subsidiary of The Clark Construction Group, Inc.
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