Rosslyn one of the best residential markets in the country
Tuesday, January 11, 2011
At least that’s according to the research undertaken by Jim Abdo, CEO of Abdo Development. He is certainly putting his money where his research takes him, having already successfully developed two major residential projects in Rosslyn: The Mercer Lofts and the Wooster Lofts. Both properties not only sold out in record time, but pulled in accolades from residents and design awards from the media and developer community.
Abdo purchased the entire 3 acre block across the street from the Mercer-Wooster Lofts in 2007 and proceeded with getting plans approved by the County, then clearing the site, fencing it off and getting it truly shovel-ready. Then the housing bubble burst and the necessary construction financing dried up. Read more »