Erkiletian

News & events

  • news

    Urban Core Values: With the Tellus, DC real estate developer Erkiletian builds on its founder's vision

    Green Building and Design Magazine-Nov/Dec 2014 – November 11, 2014

    Speaking about his company’s environmentally conscious development philosophy back in 1972, Myron P. Erkiletian said, “We developers are very anxious on a long term basis to work on ecology.” Some 40 years later, his family business continues to manifest this environmental ethic and quest for sustainability with the Tellus, a 16-story, 254-unit apartment building in the heart of Arlington, Virginia.

    Erkiletian began his construction career at age 24, working on the now-infamous Watergate complex. In 1968, he started his own construction and development company with only $2,000. To date, the eponymous company has developed, built, and now owns more than 8,000 residential units, two million square feet of office space, and nearly one million square feet of commercial space in the Washington, DC, metropolitan area. Its projects include mixed-use residential communities and the Discovery Communications building in Silver Spring, Maryland.

    ... read more
  • news

    Shakespeare Theatre Company to develop actors' campus at former Southeastern University

    Washington Business Journal – May 14, 2014

    The District's own Shakespeare Theatre Companys next move will be its first move into Southwest D.C., with a planned actors' campus development at the former site of Southeastern University at 501 Eye St. SW.

    The company is partnering with Alexandria-based Erkiletian Real Estate on a mixed-use development that will include residences for actors and apprentices, rehearsal and performance space, storage, classrooms and the company?s administrative headquarters. The partners purchased the property for an undisclosed price.

    The development will allow STC to consolidate its operations. Currently, the company leases space at several locations in D.C. and Maryland. Performances will continue to be held at Sidney Harman Hall and The Lansburgh Theatre in Penn Quarter.

    ‘It is exciting to be able to support that growth with physical spaces for not just the productions themselves, but for the artists and staff that create the art,’ Artistic Director Michael Kahn said in a statement. ‘This location is not only ideal for the company, but will allow us to aid in the revitalization of D.C.'s southwest quadrant.’

    The company plans to offer rehearsal studios and performance spaces at the new site at a reduced rate for Southwest community members, according to a press release. We've reached out to STC for more information and will update this post when we learn more.

    ... read more
  • news

    Shakespeare Theatre Announces Deal to Build Southwest Headquarters and Housing Washington City Paper

    Washington City Paper – May 12, 2014
    The Shakespeare Theatre Company will soon consolidate its scattered administrative headquarters, costume and prop shops, rehearsal spaces, and educational facilities in a new theater center at 6th and I streets SW, following a partnership announced today between Shakespeare and Alexandria-based Erkiletian Real Estate.... read more
  • news

    Shakespeare Theatre Co. to open actors' campus in SW D.C.

    The Washington Post – May 12, 2014
    Shakespeare acquired the building in partnership with an Alexandria development firm, Erkiletian Real Estate, which developed hundreds of apartments and condominiums in Alexandria and the Discovery Communications headquarters in Silver Spring. "Since 2005, we have been exploring ways to create a permanent home for the Company," Jennings said in a statement. "Erkiletian's commitment and knowledge of Washington, D.C. caters to our ambition to create a community space for STC and D.C. theatre. Their constant support of the theatre reflects that they will be equally as passionate about this project as we are."
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  • news

    FCP Commits $31M to Two DC Area Apartment Communities

    Citybiz Real Estate – December 16, 2010
    Co-developed by Erkiletian Development and the Jefferson Apartment Group, The Asher is a 206-unit luxury mid-rise apartment community located next to the Braddock Road Metro Station and within walking distance of Old Town Alexandria and the Potomac River. The Class-A amenities will include granite countertops, rooftop terraces with views of Washington, DC, a landscaped plaza, fitness center, business center and lounge. The development team will seek LEED certification for the project.... read more
  • news

    KBR Subsidiary Awarded Contract by Erkiletian for Construction of Mixed-Use Development in Alexandria, VA

    Business Wire – November 30, 2010
    KBR (NYSE: KBR) announced that its Building Group has been awarded a $33 million contract by Washington, D.C.-based development partners Erkiletian and Jefferson Apartment Group for the construction of The Asher, a planned mixed-use development in Alexandria, Virginia. “This important project for Erkiletian, one of Washington, D.C.’s most established and respected developers, follows the Building Group’s recent completion of several award-winning projects in the D.C. area."... read more
  • news

    Multifamily market in boom mode as money flows in for top projects

    Washington Business Journal – November 30, 2010
    The Asher, a 206-unit building near the Braddock Road Metro station being built by Erkiletian and the Jefferson Apartment Group. The team landed a $40.5 million construction loan from U.S. Bancorp and $7 million from Georgetown-based Federal Capital Partners.... read more
  • news

    Ground Breaks for Multifamily Community in Alexandria, VA

    REBUSINESS ONLINE, Southeast News – November 15, 2010
    Erkiletian and McLean, Va.-based Jefferson Apartment Group are developing The Asher, a luxury multifamily property in Alexandria. Located one block from the Braddock Road metro station, the 206-unit property will offer one- and two-bedroom apartments, 6,400 square feet of retail space and a two-story, 256-space underground parking garage.... read more
  • events

    A New Face For Old Town Starts Here

    – November 30, 2010
    Erkiletian hosted a ground-breaking reception for The Asher, their newest development in Alexandria, VA.... read more
  • news

    First Braddock Road project breaks ground

    The Washington Examiner – November 12, 2010
    Almost a year and a half after the city of Alexandria adopted a new vision for a redeveloped, high-density neighborhood by the Braddock Road Metro station, officials with Erkiletian and the Jefferson Apartment Group broke ground on a 206-apartment building [The Asher] just a block from the Metro station.... read more
  • news

    Erkiletian and Jefferson Apartment Group break ground on Alexandria apartments

    Washington Business Journal – November 12, 2010
    The Braddock Road Metro station is getting its first new batch of apartments. Erkiletian and the Jefferson Apartment Group broke ground Friday on a 206-unit apartment building called The Asher. Erkiletian bought the site, home to a 60-year-old Security Storage warehouse that had been leased to the General Services Administration, in 2008 as the city of Alexandria was polishing the Braddock Road Metro Station Small Area Plan.... read more
  • news

    Up from the ashes

    Real Estate Bisnow – November 12, 2010
    This morning, we spoke with Bill Denton of Erkiletian, which along with Jefferson Apartment Group is beginning demolition in two weeks on The Asher in Alexandria. A GSA warehouse sits on the site now and provided the perfect site for testing floor plans and materials, Bill tells us. (Who wouldn’t want to turn a fire hose on an indoor apartment model as part of your workday?) The 218k SF, 206-unit luxury property, designed by Lessard Group, is a block from the Metro and includes 6,400 SF of retail space and 256 underground parking spots. Bill’s excited to be the first out of the gate with a multifamily groundbreaking under the 70-square-block Braddock Road Metro Small Area Plan, which also includes 884k SF of mixed-use from Jaguar and $250k SF from Equity Residential (to be developed by Trammell Crow), Bill says.... read more
  • news

    New Apartment Community Breaks Ground near Braddock Road Metro

    Press Release – November 11, 2010
    Alexandria, VA - (November 11, 2010) Erkiletian, a family-owned real estate firm, and Jefferson Apartment Group, a highly-regarded multi-family developer will break ground today on The Asher, a six-story luxury apartment community located one block from the Braddock Road Metro station in Alexandria, Virginia. The Asher will include 206 one- and two-bedroom apartments, approximately 6,400 square feet of neighborhood-serving retail and a two-story underground parking garage with 256 spaces.... read more
  • news

    Erkiletian to Start Old Town Apartment Project

    DCMud – October 25, 2010
    Developers in Old Town Alexandria haven't had the stomach for starting large residential projects of late, but at least one thinks the timing is now right. Locally based construction and development company Erkiletian says it is just a few weeks away from starting work on The Asher, a 206 unit apartment building two blocks from the Braddock Road Metro station.... read more
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