The Ballston Macy’s Redevelopment Project

Insight Property Group intends to redevelop the now-shuttered¹ Macy’s at 685 & 701 North Glebe Road in Arlington, VA into a 16-story building with 553 apartment units, a 38,400sf organic grocery store and 2,000sf of in-line retail space. Construction at the two-acre (87,365sf) site will include two levels of underground parking and one level of above grade parking, according to an Arlington County profile of the project. An employee of a nearby store stated today that he believes Whole Foods Market will be the grocery tenant.

According to Andrew A. Painter, “[i]n exchange for transferring density from the Haven [apartments] site to the Ballston Macy’s site through the County’s Transfer of Development Rights process, Insight [Property Group] agreed to commit the Haven’s units as Committed Affordable Units, record a historic easement to preserve the Haven’s architectural integrity, and make a series of sustainability and maintenance investments at the Haven site.”