Standard Communities is developing 240 apartments on Route 1 in Woodbridge. The development aims to remake Jefferson Square, the dilapidated shopping center next to Marumsco Plaza.
The development will be considered low-income housing. Residents must spend no more than 60% of what they earn annually on housing to live there.
Read more in a Standard Communities press release:
The Prince William County project, Jefferson Plaza Apartments, is capitalized at approximately $67.5 million. Nationally, Standard currently has more than 2,000 units in its new construction pipeline. Funding for Jefferson Plaza Apartments was secured through Virginia Housing as the issuer of
tax-exempt bonds, and Freddie Mac provided Low Income Housing Tax Credits through Hudson Housing Capital.Jefferson Plaza Apartments, at 1305 Jefferson Plaza, will comprise seven 3-story buildings with 147 one-bedroom and 93 two-bedroom units. The community, being built on a 7.6 acre site of a former shopping center, is a transit-oriented development in the Route 1 Corridor within walking distance of the Woodbridge Virginia Railway Express station and close to I-95, with nearby shopping, restaurants and more.
The property will be income-restricted to 60% of the Area Medium Income, making the units affordable to middle-income families and essential workers.
Jefferson Plaza will feature 354 parking spaces for residents, a 3,000 square foot club room, co- working space, a fitness center, bike storage, a playground and recreational area, greenspace and
a dog park. Residents will have direct access to an adjacent park to be built out as part of the project.“We are proud to provide financing and vital housing tax credits that will help make the construction of 240 new apartment homes a reality,” said Janet Wiglesworth, Interim CEO of
Virginia Housing.Based in New York and Los Angeles, Standard has a national portfolio of almost 20,000 apartment units and has completed more than $4.7 billion of affordable housing acquisitions, rehabilitation and development nationwide.
Recent Stories
FREDERICKSBURG, Va. – Crews with Fredericksburg Parks and Recreation sprang into action last week after the Rappahannock River rose to flood stage, cresting at 13 feet and spilling into low-lying areas along the city’s waterfront.
WOODBRIDGE, Va. – A man has been arrested and charged with murder following a deadly shooting that took place in a wooded area behind a shopping center on Smoketown Road Wednesday evening.
STAFFORD, Va. – They say “fighting like cats and dogs,” but Winston the kitten and Dory the dog are rewriting the story.
Every Tuesday, hundreds of people gather in a Fredericksburg park for one reason: lunch, music, and community.
Calling all WSHS Class of 1975 graduates! Our class has planned our 50-Year Class Reunion to be held September 26-28, 2025 in Woodbridge, Virginia. Reunion details and registration information are available to be sent to you.
To find out more, please email our reunion committee at [email protected]
POTOMAC, MD – A local credit union is receiving national recognition for offering some of the highest certificate rates in the country. Lafayette Federal Credit Union, headquartered in Rockville and serving the greater Washington, D.C. region, has been named by financial outlets including The Wall Street Journal, Kiplinger, Investopedia, DepositAccounts, and GoBankingRates for its top-ranked share certificate products.
According to these sources, Lafayette Federal currently holds the #1 national ranking for its 2-, 3-, 4-, and 5-year certificate terms. The institution is offering fixed annual percentage yields (APYs) up to 4.28%, with a minimum deposit requirement of $500.
Share certificates, also known as certificates of deposit (CDs) at traditional banks, have grown in popularity as a low-risk savings option during a period of economic uncertainty. With interest rates rising and market volatility continuing, many savers are seeking fixed returns on their funds without taking on additional risk.
Your Weight Matters National Convention
Hosted by the Obesity Action Coalition (OAC) since 2012, this highly-anticipated gathering is the nation’s leading gathering focused on empowering individuals with science-based education, support and practical tools for managing weight and improving health.
This unique Convention truly has something
Van Metre 5K Run
Participate in the 33rd Annual Van Metre 5K Run—a race that goes further than 3.1 miles, where every stride you take supports Children’s National Hospital. The Van Metre 5K Run donates 100% of proceeds to Children’s National Hospital and has
