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Clark Realty Builders Breaks Ground on Riverside Apartments in Virginia

August 26, 2003

WOODBRIDGE, Va. — Clark Realty Builders* (CRB) recently broke ground on Riverside Apartments in Woodbridge, Virginia. CRB is constructing the 304-unit market-rate community for Hazel Land Companies, Fredericksburg, Virginia. The apartments offer views of the Potomac River and will be available for lease in early 2004.

Clark Realty Builders Breaks Ground on Riverside Apartments in Virginia Press Release Image

Riverside Station Apartments

The eight four- and five-story wood-framed residential buildings were designed by Niles Bolton Associates of Alexandria, Virginia. Various floor plans offer residents a choice of apartments with lofts and one-, two-, or three-bedrooms. Interior amenities include refrigerators with icemakers, microwaves, washers and dryers, crown molding, and luxury soaker tubs. Residents will enjoy access to detached and attached garages, a clubhouse, and a pool.

Riverside Apartments is conveniently located within walking distance of the Rippon Virginia Railway Express station and is just minutes from I-95 and Potomac Mills mall.

The community is being financed in part by a HUD-insured loan.

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* Clark Realty Builders, LLC (CRB) is a national multifamily general contractor recently ranked as the third largest such firm in the U.S. by Builder magazine.

About Clark Realty

The Clark Realty companies offer a full spectrum of services to the real estate industry including investment, development, construction, property management, and capital markets.