Market Common®, Clarendon
Market Common® is located on approximately ten acres in the Clarendon neighborhood of Arlington, Virginia, just outside Washington, D.C. In addition to the more than 240,000 SF of prime retail, the project includes 300 Class A apartments, 87 townhomes, 100,000 SF of office space and nearly 1,200 parking spaces. In an attractive, walkable, visually stimulating and architecturally timeless street-front setting, tenants are treated to the full-service amenities of a true master-planned, mixed-use facility.
The opening of Market Common® in November 2001 represented the successful collaboration between McCaffery Interests, RREEF, Arlington County Officials, and the citizens of the Clarendon neighborhood. The 100% leased project attracted prominent national retailers such as Pottery Barn, Williams-Sonoma Grande Cuisine, Barnes & Noble Booksellers, Apple Computer, The Container Store, Imaginarium, Eastern Mountain Sports, Myer-Emco, Jos. A. Bank Clothiers, and Washington Sports Club in what stood as an empty parking lot for more than a decade. Phase II opened in early 2002 with Crate & Barrel Home Store, Ann Taylor Loft, and South Moon Under.
Enjoying the characteristics commonly associated with 24-hour cities and surrounded by the upper-income neighborhoods of Georgetown, Northwest Washington, Capitol Hill, Potomac, Maryland, McLean and Alexandria, Virginia, Clarendon is an infill project within one of the strongest retail demographics markets in the United States. Eight hundred new residential units and 210,000 SF of Class A office space within a two-block radius of the project makes Market Common® an extremely desirable asset to the community.
- 10-acre mixed use community development
- 240,000 SF of retail space, 100,000 SF of office space, 300 Class-A apartments, 87 townhomes and 1,200 parking stalls
- Three phases completed in 2003
- 100% leased upon opening, attracting prominent national retailers