Courtesy of EYA, LLC and Simpson Development
Renderings of 333 N. Fairfax St., Alexandria.
EYA, LLC, a Bethesda-based leader in urban infill residential development, and Simpson Development Company, Inc., have secured entitlement for 333 N Fairfax, a new 32-unit townhome community in Old Town Alexandria, the company has announced. The milestone marks a significant step toward transforming the underutilized office site into a for-sale residential neighborhood that reflects the character and history of Old Town while honoring the needs of today’s buyers, the company said.
The approval marks a key milestone in one of the region’s most supply-constrained and highly regulated submarkets. As one of the last remaining infill opportunities of scale in Old Town, the project represents a rare chance to deliver new townhomes at meaningful density. Located just three blocks from King Street and one block from the Potomac River, the community will feature fee-simple townhomes, including two affordable dwelling units, each thoughtfully designed with private elevators, rooftop terraces and select homes offering views of the Potomac River.
“333 N Fairfax is a strong example of our disciplined approach to complex infill—identifying high-quality sites where we can unlock value and enhance communities through thoughtful planning, efficient execution, and close collaboration with our partners and local municipalities,” said Jack Lester, executive vice president of Acquisition and Development at EYA, LLC.
“Our return to Old Town Alexandria, where EYA has delivered several signature communities, reflects both our deep understanding of the neighborhood and our long-term commitment to the market. In partnership with Simpson Development and through a highly collaborative process with the City, we’ve advanced a plan that is responsive to the historic context while thoughtfully aligned with current market demand.”
“Our partnership with EYA created a clear path to transform this site from an underutilized office property into a residential community that better reflects how this neighborhood is evolving,” said Don Simpson, president of Simpson Development Co. “Given Simpson’s long history with this property, it’s especially meaningful to see it reimagined in a way that contributes to Old Town’s continued growth.”
EYA secured approvals in a mere 13 months, with unanimous support from the City of Alexandria’s Board of Architectural Review, Planning Commission and City Council. The process reflects a highly collaborative effort with city staff, stakeholders and members of the surrounding community, with neighbors speaking in support of the project at multiple public hearings. The project is expected to generate significant long-term value for the landowner while contributing new housing inventory and tax revenue to the City of Alexandria. The approval also highlights a broader trend of converting aging or underperforming commercial properties into residential uses in walkable, supply-constrained markets.
Groundbreaking is anticipated in spring 2027, with sales expected to begin in fall 2027. More details about the project can be found at www.333nfairfax.com.
