Oct
7
2015

Arlington Partnership for Affordable Housing Recognizes Bill Fogarty and Mark Silverwood as 2015 Affordable Housing Honorees

Filed under: News
AHA-2015

Arlington, VA (October 7, 2015) – The Arlington Partnership for Affordable Housing (APAH) paid tribute to 2015 APAH Affordable Housing Honorees, Bill Fogarty, Walsh, Colucci, Lubeley & Walsh, and Mark Silverwood, Silverwood Companies, at their Annual Fundraiser Celebration at the Clarendon Ballroom on October 6, 2015. Over 375 attended this networking celebration of affordable housing and generously contributed a record-breaking $430,000 to support APAH and their resident services program.

“We applaud Bill Fogarty’s long-term leadership on the APAH Board where he helped our organization to grow from a small nonprofit to a major community partner with 1,218 homes at 14 properties,” said Nina Janopaul, President/CEO.

“APAH recognizes Mark Silverwood, for being an early partner with Arlington County to develop affordable housing and for his ongoing philanthropic work in our community,” Janopaul added.

Nineteen year old APAH Resident, Allyson Suria, also inspired the audience with her personal story of coming to the U.S. from El Salvador at age four, relocating 11 times with her family due to high rents before moving into stable housing at APAH’s Buchanan Gardens. She is currently on the dean’s list student studying education at Marymount University.

Pictured L to R: Mark Silverwood, President, Silverwood Companies; Nina Janopaul, APAH President/CEO; Bill Fogarty, Shareholder, Walsh, Colucci, Lubeley & Walsh; and Allyson Suria, APAH Resident and Marymount University student.

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APAH is a nonprofit that develops, preserves, owns, and advocates quality rental housing that is affordable to low and moderate-income families and promotes opportunity for residents through partnerships and programs. APAH works exclusively in Arlington County. Founded in 1989, APAH now helps 1200 households live in stable, secure and affordable rental homes. APAH’s Arlington Mill Residences received numerous awards including 2015 Charles L. Edson Tax Credit Excellence Award, 2015 Urban Land Institute-Washington Excellence in Housing Development and 2014 Best Housing Development in Virginia at the Virginia Governor’s Housing Conference. In 2014 APAH was named Developer of the Year by the Housing Association of Nonprofit Developers (HAND). APAH received the 2015 Leadership Legacy Award from Leadership Arlington; the Prize for Innovation and Impact from the Arlington Community Foundation in 2011; in 2009 APAH received the HAND Innovation Award and in 2008 was named Best Nonprofit by the Arlington Chamber of Commerce.

Apr
16
2015

Arlington Partnership for Affordable Housing Names 2015 Affordable Housing Honorees

Filed under: News
MG_4392

The following is an article published on www.apah.org. The orignial source is located here: http://www.apah.org/apah-names-2015-affordable-housing-honorees/

Arlington, VA (April 16, 2015) – The Arlington Partnership for Affordable Housing (APAH) announced its 2015 Affordable Housing Honorees on April 15, 2015.

“In 2015 we are recognizing Bill Fogarty, an Arlington resident and a shareholder at the law firm of Walsh, Colucci, Lubeley & Walsh, for his 20-year commitment to APAH and the Arlington community. Bill’s leadership helped APAH to grow into an award-winning nonprofit developer providing over 1,200 units of housing for low income households. Bill is an active volunteer and community leader, having chaired several Arlington Public Schools Committees, as former Chair of the Walter T. McCarthy Law Library, an elder in the Unitarian Universalist Church of Arlington, and as a 15-year Arlington Soccer Association Coach and ’2011 Coach of the Year’,” said Nina Janopaul, President/CEO of APAH.

“APAH is honoring Mark Silverwood, President and CEO of Silverwood Companies, affiliated real estate development and management companies. Mark was an early partner with Arlington County on committed affordable housing development and recognized the rental needs of families by creating ‘bump outs’ to increase the number of bedrooms during apartment renovation, “ said Janopaul. “Mark is very active in the Arlington community including being a member of the Arlington Free Clinic’s Board since 2004 and starting Arlington’s Future Scholarship in 2004 to award to two renewable scholarships to students who live in affordable housing. “

“It is a great honor to receive this award from APAH,” said Bill Fogarty. “I have watched APAH grow from a small nonprofit to an innovative, efficient organization that speaks for the needs of low income Arlingtonians and provides quality, stable housing for over 2500 Arlington residents. “

“We believe in building strong, vibrant communities that meet the needs of a mix of incomes and family sizes,” said Mark Silverwood. “APAH’s affordable housing provides the essential platform for individuals and families to grow and thrive. I am proud to support APAH’s work and to provide opportunity and wellness for Arlington residents.”

The honorees were introduced by APAH’s 2014 Affordable Housing Honorees, Retired Virginia Senator Mary Margaret Whipple and Brian Coulter, Managing Partner, The JBG Companies at the April 15 event.

The Affordable Housing Honorees will be recognized at APAH’s Annual Fundraiser Celebration, October 6, 2015, at the Clarendon Ballroom. The Celebration is a once-a-year opportunity for corporate and individual affordable housing sponsors and donors to support APAH, celebrate affordable housing and recognize the contributions of APAH’s Affordable Housing Honorees. For information, contact Linda Kelleher at lkelleher@apah.org or 703-276-7444, ext. 102.

Click Here to Read the Full News Release.

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APAH is a nonprofit that develops, preserves, owns, and advocates for quality rental housing that is affordable to low and moderate-income families and promotes opportunity for residents through partnerships and programs. APAH works exclusively in Arlington County. Founded in 1989, APAH is the only nonprofit affordable housing developer working exclusively in Arlington County. APAH now helps 1200 households live in stable, secure and affordable rental homes. In 2014 APAH was named Developer of the Year by the Housing Association of Nonprofit Developers (HAND) and APAH’s Arlington Mill Residences was awarded Best Housing Development in Virginia at the Virginia Governor’s Housing Conference. APAH received the Prize for Innovation and Impact from the Arlington Community Foundation in 2011; in 2009 APAH received the HAND Innovation Award and in 2008 was named Best Nonprofit by the  Arlington Chamber of Commerce.

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Feb
5
2015

There is a vision to untangle and redevelop Seven Corners (Washington Business Journal)

Filed under: News

The following is an article by Michael Neibauer published by Washington Business Journal where Mark Silverwood, president and CEO of the Reston-based Silverwood Cos. is quoted. The orignial source is located here:  http://www.bizjournals.com/washington/breaking_ground/2015/02/there-is-a-vision-to-untangle-and-redevelop-seven.html?page=all

Feb 4, 2015, 7:57pm EST- If you can squint past the hair-raising, misery-inducing traffic, outdated retail centers and aging residential properties, you can see the future of Seven Corners.

“When you think about the growth of the area, the proximity to Metro, the demand is going to continue to grow,” said Mark Silverwood, president and CEO of the Reston-based Silverwood Cos., owner of the East Falls Apartments at Wilson Boulevard and Peyton Randolph Drive. “It’s a logical area, as far as I’m concerned — you’ve got nodes going east, west, north and south. The community will thrive.”

Silverwood is a member of the Mason District Seven Corners Visioning Task Force, a panel of community leaders, urban planners and landowners that is now finishing up a three-year effort to rethink 218 acres surrounding the Seven Corners intersection. That effort, and the fruits of it, are the subject of our centerpiece in this Friday’s Washington Business Journal.

Check back Friday for the full story, historic Seven Corners images and more.

Seven Corners, as we know it today, was framed in the early 1950s around a new intersection/interchange where Leesburg Pike meets Arlington Boulevard, Wilson Boulevard and Sleepy Hollow Road. The majority of its residential communities were constructed in 1952, to feed a growing demand for federal employee housing.

The Seven Corners Shopping Center, which opened in 1956 as Northern Virginia’s first major regional shopping destination, made sense at the time. Seven Corners was a bustling suburb.

But the community has not kept up with the times — not with the East Falls Church Metro Station a mile away, with transit possibly coming to Leesburg Pike, and with the overall shift in planning toward walkable, mixed-use development. Seven Corners is the opposite of mixed-use. It’s either residential or retail. Nothing in between.

“Everything we’ve seen here, in the last 20 or 30 years, it’s all Metro,” Silverwood said. “It’s all based around Metro. I think Seven Corners can benefit from that.”

The Silverwood Cos. acquired East Falls Apartments in 2009, roughly a decade after it was renovated by the previous owner with the assistance of low-income tax credits. The restrictions that come with the use of LITCs will prohibit the property’s redevelopment for 18 years, at a minimum.

It is for that reason, and the long-term leases that remain in Seven Corners’ retail centers, that the task force looked far into the future — 40 years, to be exact — to craft its plan for pedestrian-oriented developments, a transit-boulevard and a reengineered intersection.

Think about this way: The Seven Corners overhaul may not be complete until the intersection is 100 years old.

“None of this is close today,” Silverwood said, “but over time, if you stick to those horizons, habits will change to make it a more viable walking community.”

Apr
10
2013

Wilson Blvd. Safeway Project in Washington Business Journal

Filed under: News

Safeway Advances Bluemont Redevelopment Plan

Washington Business Journal 4/5/13

by Daniel J. Sernovitz

Original Text

 

Safeway Inc. has tapped Reston-based Silverwood Cos. for a $50 million-plus redevelopment of its Bluemont grocery store in Arlington, including a new, full-service supermarket and roughly 160 apartments.

The Pleasanton, Calif.-based grocery chain selected Silverwood after issuing a request for proposals to developers last summer. Other prospective bidders included The JBG Cos. of Chevy Chase.

Silverwood and Safeway are still refining their plans and preparing to submit a formal site-plan application to county officials, said Safeway spokesman Craig Muckle. “We’re going to continue to do some work with the community in terms of hearing what their concerns may be.”

The two companies unveiled their plans at a neighborhood meeting April 3.

Silverwood would build a store with about 58,000 square feet, two levels of underground parking beneath it and about 160 apartments above it. The store’s proposed features include an on-site dry cleaner, Starbucks, deli, bakery and other amenities.

Plans for the project, at 5101 N. Wilson Blvd., are in line with similar mixed-use redevelopments Safeway has rolled out in Bethesda, Georgetown and Olney.

The existing 25,000-square-foot store was built in 1958 and last renovated in 1974, saidMark Silverwood, CEO of the development company. “It’s just shy of 40 years since the store’s been renovated. It’s a store that’s greatly underutilized because it’s not modern.”

Silverwood approached Safeway about a decade ago with a proposal to redevelop the store but was unable to reach a deal then because of issues that included surface-parking requirements. The new store will have about 190 underground parking spaces for Safeway and an additional 212 spaces beneath those for residents.

The project will range in height from as low as 40 feet to as high as 60 feet. Reacting to neighborhood concerns, Silverwood told residents at the April 3 meeting the developers have no intention of seeking an extension beyond 60 feet if the project is approved.

Some neighbors initially wanted the building’s height capped at 35 feet, which Silverwood said would not be tall enough to make the venture profitable. Zoning approval is still needed to exceed the current height limit for the site, which Silverwood said would limit the project to the grocery store and about 40 residential units.

As part of the proposal, Safeway would own the store and the parking allotted to it, while Silverwood would own the rest of the project. The financial terms of the deal were not disclosed.

Silverwood has retained architecture firm Lessard Design Inc. and is also working with engineering company Vika Inc., Studio39 Landscape Architecture PC and traffic engineering company Wells and Associates LLC.

Silverwood said he hopes to apply for site-plan approval in June.

Jan
31
2012

Mark Silverwood on Voice Box

Filed under: News

Arlington Independent Media program “Voice Box” roundtable about affordable housing in Arlington, VA. Silverwood Companies President, Mark Silverwood, offers insights about the state of the affordable housing economy in Northern Virginia today.