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CBG Signs On for a Third Ballston Project

4000 North Fairfax to Provide 326 Luxury Units in Arlington Neighborhood
December 15, 2017

ARLINGTON, Va.—CBG Building Company began work today with repeat client Jefferson Apartment Group on the design-build project of 4000 North Fairfax, a 22-story luxury apartment tower with 326 residential units and more than 9,000 square feet of retail. This will be CBG's second project with Jefferson Apartment Group, following the successful completion of Jefferson Square, a 304-unit mixed-use community in downtown Baltimore, Maryland.

CBG Signs On for a Third Ballston Project Press Release Image

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4000 North Fairfax is targeting LEED Gold certification. The luxury community will integrate sustainable design aspects into units and the building such as EnergyStar appliances, continuous exterior wall rigid insulation, a green roof, and variable refrigerant flow HVAC technology. The transit-oriented community is within walking distance of many restaurants, retail stores, and business hubs along the Rosslyn-Ballston corridor, as well as both Ballston and Virginia Square Metro stations and several bus lines.

"CBG is excited to continue work in the Ballston community, where we're headquartered" said Keith Anderson, president of CBG. "We look forward to delivering another exceptional mixed-use community with Jefferson Apartment Group."

4000 North Fairfax will feature robust amenities including an open-air plaza with central fountain, pet spa, rooftop terrace, club room, bike storage room, and 24-hour concierge service. On the rooftop, residents will enjoy a pool, fitness center, outdoor grill area, fire pit, giant chess set, and lounge areas with hammocks.

In addition to 4000 North Fairfax, CBG's projects in the Ballston neighborhood include The Maxwell, a six-story, 163-unit apartment community finished in May, and 672 Flats, a five-story, 173-unit apartment building on track for a June 2018 completion. 4000 North Fairfax is scheduled for final delivery in July 2020.

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About CBG Building Company

Through a relentless pursuit of innovation, a steadfast commitment to quality, and active collaboration with clients, CBG has been delivering award-winning communities from coast to coast for more than 25 years. CBG's professional construction team builds more than 4,000 homes each year, providing high-quality, responsive service backed by a significant bonding capacity and national resources. CBG's experience spans a diverse portfolio of geographic areas and product types, including luxury, mixed-use, and affordable housing apartments, as well as campus housing, military family communities, and senior living facilities. Together, we draw on the knowledge gained through building more than 80,000 housing units since 1992. For more information, visit www.cbgbuildingcompany.com.

About Jefferson Apartment Group

Jefferson Apartment Group is a leading owner, developer and manager of luxury multifamily apartment communities in the Eastern United States. With a focus on urban, transit-oriented assets, Jefferson Apartment Group is a fully integrated family of real estate companies engaged in the development, construction, management and acquisition of residential and commercial real estate. Jefferson Apartment Group is headquartered in McLean, Virginia with regional offices in Boston, Mass., Orlando, Fla., and Philadelphia, Penn. For more information, visit www.jeffersonapartmentgroup.com.