Washington, DC (December 14, 2018) – Combined Properties, Incorporated is pleased to announce that construction has commenced at South Alex^®, a $135 million, 502,000 square foot mixed-use development located in Alexandria, Virginia.

A groundbreaking event for the project took place yesterday and numerous dignitaries from Alexandria, Fairfax County, vendors for the project and community residents joined in the celebration. “South Alex is an exciting mixed-use development, destined to be a premier property in the market” said Ronald S. Haft, Chairman of Combined Properties.

South Alex is a transit-oriented development that will feature 400 Class-A apartment units, nearly 23,000 square feet of small shop retail, and anchored by the 20,000 square foot ALDI. The project is prominently located less than a mile from the Huntington Metrorail station and is at the crossroads of N. Kings Highway and Route 1, providing great visibility and easy access to major highways.

Demolition of the former Penn Daw Plaza shopping center, the site of the project, has been completed with construction beginning immediately. The project is slated for completion in 2021.

The Developer
Combined Properties, Incorporated currently has a $1+ billion portfolio comprised of 40 retail and mixed-use properties. With current projects under development, the portfolio is growing to more than $2 billion, with over 6 million square feet. In addition, the Company controls an additional $1 billion development pipeline in the Washington DC and Southern California metropolitan areas. Since its founding by Chairman Ronald S. Haft, Combined Properties has always looked for the true potential of a commercial property. The Company strives to apply its creativity and expertise in development, finance, leasing and asset management to shape projects into innovative lifestyle residential, retail, and hospitality communities that instill pride and joy in the people that live, shop, and stay there.

For more information, visit our website: www.combined.biz

(From left to right): Bhek Simmons (HUD), Ronald S. Haft (Chairman of Combined Properties), Jeff McKay (Fairfax County Supervisor), Andrew McIntyre and Kathy Bonnafe (CPI), Marvin Turner (HUD), Jake DiPiazza (ALDI) and Justin Johnson (CPI)

Combined Properties Contact:   Jon Stollberg, Marketing Coordinator (202) 736-2810