On behalf of our client, Combined Properties:
Highly Anticipated Scout® on the Circle Welcomes First Residents
Modern mixed-use community marks a key milestone in Fairfax City’s comprehensive plan
Fairfax, VA. (July 13, 2020) – Scout® on the Circle, a brand-new mixed-use development by Combined Properties, has welcomed the first round of residents to its highly-anticipated 400-unit Class-A luxury apartment community in the City of Fairfax, Virginia. Throughout the uncertainty and limitations surrounding COVID-19, Combined Properties and property manager Jefferson Apartment Group successfully executed leases and move-ins began May 31. Leasing continues with virtual and in-person tours available by appointment at 703.750.8140.
“The Combined team and I are proud that we could take an over 50-year-old shopping center and rebuild it into a modern, state-of-the-art mixed-use residential, retail and restaurant oasis that will serve the needs of Fairfax for many years,” says Ronald S. Haft, Chairman of Combined Properties.
Scout® on the Circle is located at the intersection of Route 50 and Route 29, approximately one mile from the Orange Line Metro. The former Fairfax Circle Plaza shopping center was razed and reimagined into a transit-oriented community comprised of three buildings and two parking garages. Two of the buildings consist of five levels of luxury apartments above 29,000 square feet of street-level retail facing Fairfax Boulevard. The retail space is currently 80% leased, including leases in the final stages of negotiations. Confirmed tenants include Republik Coffee, TeaDM, Peri Peri Original and the Nail Bar. Giant Food is expected to open this summer and will anchor the property in a 54,000 square foot standalone building.
“The City of Fairfax congratulates Combined Properties on the opening of its signature mixed-use, multi-family residential and commercial project, Scout® on the Circle, at the east entrance to our city,” says Mayor David L. Meyer. “Everyone is looking forward to the completion of the Giant Food grocery store, which meets a need in this area and will be the first new grocery store constructed in the city in more than three decades.”
Residents of Scout® enjoy bright, spacious apartment homes with layouts ranging from junior one bedrooms to one, two- and three-bedroom apartments with balcony and den options. The community’s bold and modern aesthetic is enhanced by custom artwork, a vibrant color scheme and resort-style amenities that include two lush courtyards with grilling stations and fire pits, a sun-soaked deck and saltwater pool, tailored communal spaces, a cinematic screening room as well as a fitness center with cutting-edge equipment and technology. Scout® on the Circle offers controlled-access parking garages as well as proximity to public transit options.
“We are thrilled to deliver a property at the northeastern gateway to Fairfax City that is representative of the City’s transformation into a more urban, walkable community,” adds Andrew McIntyre, Executive Vice President, East Coast Acquisitions and Development at Combined Properties. “The interest has been incredible and despite the challenges of COVID-19, we were able to quickly adapt to show our property, sign leases and facilitate move-ins.”
Scout® on the Circle offers City Life. Suburban Ease.® To learn more, please visit scoutonthecircle.com.
About Combined Properties
Combined Properties is a preeminent private real estate company specializing in retail, multifamily and mixed-use. The Company has a $2 billion portfolio of existing and under-construction assets, comprised of 40 properties in the Washington, DC and Southern California metropolitan areas totaling 6 million square feet, and an additional $1.25 billion in the development pipeline. Since its founding by Chairman Ronald S. Haft, Combined Properties has always strived to develop the true potential of a commercial property and passionately embraces developing real estate to meet the needs of a rapidly changing landscape by combining creativity, lifestyle, community, and technology. Combined applies its creative and entrepreneurial expertise in development, finance, leasing and asset management to create innovative retail, residential, hospitality, and mixed-use communities that instill pride and joy in the people that live, shop, and stay there. For more information on Combined Properties, visit www.combined.biz.