Carrying the street address of 1205 North Hudson Ave., the sprawling 249,000-sf development will consist of a 151-unit, 12-story tower that will be linked by a high archway to a 42-unit, four-story, townhouse-style structure. The property will also include two floors of underground parking designed to accommodate up to about 320 vehicles, a fitness center, a recreational facility, and a business center. The Hudson sits on what was formerly a mass of three separate parcels in the Clarendon submarket's predominantly residential community of Lyons Village. Clark campaigned to have the space rezoned from single-family to multi-family in order to accommodate the development.

"The Hudson is a well located residential project being one block from the Metro stop in what is and will continue to be a solid residential market in Arlington County," Corus vice president Paul Carlson tells GlobeSt.com. "Corus was able to deliver its commitment quickly because among other reasons we have developed a great relationship with the developer." The process of facilitating the financing agreement went from term sheet to a solid commitment in a short five-day period. Corus's loan gives Clark the freedom to designate the residences as rental units or condominium homes to be sold.