Strategically situated near the Rosslyn Metro Station on a corner parcel at the intersection of 16th Street North and N. Pierce Street, Rosslyn Ridge II will take the shape of a 15-story building designed in an "L" formation. In addition to its affordable and market-rate residences, the property will feature all luxury apartment building amenities such as a business center, fitness center and swimming pool, as well as parking to accommodate 238 vehicles.

Conditions of a $1.8-million loan for the development from the Arlington Housing Investment Fund mandate that the 95 units set aside for households earning 60% or less of the area median income will carry the designated low-income status for 60 years. And there's more. "Rosslyn Ridge II will be the first Green Building Council LEED-certified affordable housing building in the Northern Virginia area," Peterson notes.

"We are working with a reliable partner in APAH with a proven track record of creating affordable housing in Arlington," county board chair Barbara A. Favola says. "This project goes a long way toward maintaining Rosslyn's diversity."