Sustainable, High-Rise Apartment Community vPoint Opens in Clarendon's Urban Village

ARLINGTON, Va., April 12, 2012 /PRNewswire/ -- Clarendon, a popular Arlington neighborhood known for plentiful dining, shopping and entertainment destinations, is now home to vPoint, a new high-rise, mixed-income apartment community located just one half block from the Clarendon Metro station. 

Co-developed by Bozzuto Development Company and Chesapeake Community Advisors, and in partnership with Arlington County, the Virginia Housing Development Authority (VHDA), and The Views at Clarendon Corporation, vPoint is widely viewed as a significant step in addressing Arlington's affordable housing shortage.

The community's grand opening will be celebrated on Thursday, April 12th at 3:00 p.m. with a reception featuring remarks from State Senator Barbara Favola, Arlington County Board Vice-Chair Walter Tejada, VHDA Executive Director Susan Dewey, Chesapeake Community Advisors Vice President Ben Etheridge and Bozzuto Development Company President Toby Bozzuto.  Following the VIP reception, a public celebration will begin at 5:00 p.m.

vPoint consists of eight stories of apartment homes atop the site's original occupant, The Church at Clarendon.  An adjacent, connected building housing the County's largest child daycare center.  The development preserved the church's steeple – a landmark in Clarendon – and created 120 underground parking spaces.

The Class A apartment community consists of 46 market-rate apartment homes and 70 affordable apartment homes, in a mix of studios, one, two and three-bedroom floor plans.

Residents benefit from environmentally-conscious features and products including bike storage, carpool drop-off area, ENERGY STAR appliances, dual-flush toilets, low VOC paints, Green Label Plus carpet and recycling centers on each floor. vPoint is registered with the U.S. Green Building Council and is expected to achieve at least a LEED Silver certification.

For more information about vPoint, please visit www.vpointapts.com or call 888.562.5358.

About The Bozzuto Group
Headquartered in the Washington, D.C. area, The Bozzuto Group is a diversified residential real estate company consisting of six integrated companies – Acquisitions, Construction, Development, Homebuilding, Land Development and Property Management – that together provide a broad range of real estate services throughout the Mid-Atlantic and Northeast.  The company is committed to providing quality housing for individuals of all income levels, producing everything from luxury homes and apartments to affordable housing solutions. 

Throughout The Bozzuto Group's more than 24-year history, the company has developed, acquired and built more than 35,000 homes and apartments, and the firm and its principals have been honored with numerous industry awards and accolades, including having been recognized by the NAHB as the nation's premier apartment development company, and twice as management company of the year.  For more information, please visit www.bozzuto.com. 

About Chesapeake Community Advisors
Established in 2001, Chesapeake Community Advisors (CCA) is one of the nation's leading community development consulting firms. Our mission is to create and help others create sustainable and profitable real estate developments that improve their communities. In just six years, CCA has served as a development consultant for more than 75 developments in 15 states. Our development work includes affordable multifamily and market rate rental, historic renovations, affordable homeownership, and multiuse developments. For more information, please visit www.ccadev.com.

SOURCE The Bozzuto Group