May 13, 2020
Avison Young arranged the sale of the former Arlington American Legion Post 139 to the Arlington Partnership for Affordable Housing (APAH), which will build a complex geared toward veterans and known as Terwilliger Place. The sale for an undisclosed sum culminated a four-marketing and zoning entitlement process for the 1.3-acre site across from the George Mason University Arlington campus.
The Avison team was led by Jim Kornick and Chip Ryan, both in the Washington, D.C. office. Built in 1947, Post 139 has served veterans returning from World War II and the Korean, Vietnam, Gulf and Afghanistan wars.
“While other developers offered comparable prices with likely shorter timelines, Post 139 selected APAH because of a shared vision of veterans-preference affordable housing and ongoing services tailored to today’s veterans,” Kornick said.
Demolition of the existing Post 139 building will begin in the coming week. Construction is expected to take approximately 26 months.
For comments, questions or concerns, please contact Paul Bubny