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KSI's $16.6-Mil Kingsbury Crossing Opens

GERMANTOWN, VA-KSI Service's Kingsbury Crossing at Water's Landing opens, as new tenants move into the 143-unit apartment community. KSI spent $16.6 million on the complex, which sits along Interstate 270.

By Barbra Murray | Updated on December 19, 2001

GERMANTOWN, VA-Kingsbury Crossing at Water’s Landing has gotten its first tenants, as residents move into the newly constructed apartment community near the Germantown Town Center. Developed by Vienna, VA’s KSI Services, the $16.6-million complex offers 143 units along the Interstate 270 corridor.

“KSI continues to expand its presence in Montgomery County in a very positive way,” KSI’s Senior Vice President Dick Knapp says in a press release. “We are building new apartments and revitalizing several older apartment communities so we can offer Montgomery County residents the chance to live in quality homes at reasonable rates.” The local Chamber of Commerce and Maryland’s governor have officially commended KSI for its efforts to help rejuvenate the area. Bethesda Commons, Fallswood Commons, Lakewood Commons and Woodside Crossing are among the apartment communities that KSI has purchased and restored in Montgomery County.

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