Rivergate Condominium Project Finally Breaks Ground

By
Real Estate Agent with Integrity Real Estate Group

Rivergate CondosThe long anticipated Rivergate Condiminum project in Prince William County is now underway.  The community located on the Occoquan River will eventually house three fifteen story buildings and a 10,000 square foot club house and marina.   This will make it the largest high rise development in Prince William County.  Currently the largest high rise in the county is the nine story Harborview Condominium located a quarter mile down the river in Belmont Bay

Ground breaking was originally scheduled for the first quarter of 2007 but the projection is still for the first building to be ready for new owners by the end of 2008.  Since sales first started there have been some changes to options, such as all of the balconies will be enclosed as sunrooms instead of an option for buyers.

With a projected seven year time f ame to build out the entire community Prince William County residents commuting on either I-95 or Route 1 will be able to keep a watch on the progress of the area.  The development is another project by IDI which has been responsible for other notable projects in Northern Virginia including Rotonda in McLean and Caryle Towers in Alexandria.  In 1977 IDI was responsible for the conversion of Parkfairfax from rental units to condominiums without disturbing any of the existing tenants. 

 The site for the Rivergate project might be a bit questionable the way the area currently appears.  A proposed new interchange, widening of Route 1 beyond the Occoquan River and the future of the cement plant currently at the entrance to the Rivergate site will all need to be finalized to make the area feel more like a residential area and not an industrial site. 

Current prices at the Rivergate run between the mid 200’s for a one bedroom unit and the high $500’s for the largest 3 bedroom unit.  If you are interested in more information on the Rivergate project or other waterfront condominiums in our area give me a call.   Even if you are looking for new construction you should be represented by an agent.  It doesn’t cost you any more and you might be surprised what an agent can negotiate for you!


UPDATE:  NOVEMBER 2008 CONSTRUCTION DELAYED

_______________________________________________________________________________________________________________

Cindy Jones

 

As an Associate Broker with RE/MAX Allegiance in Northern Virginia and native of the area I can assist you whether you are buying, selling or renting a home anywhere in Northern Virginia. For more information about the area or my services you can check VaRealEstateTalk or my Northern Virginia website.

Search all homes available in the Northern Virginia area.

 

Posted by

                                   Real People*Real Lives*Real Estate

If you are interested in learning more about the Northern Virginia Real Estate market including Alexandria, Arlington, Fairfax and Prince William Counties give Cindy Jones and Integrity Real Estate Group a call at 703-346-2213.

Military Relocation Specialist serving military families relocating to and from the Pentagon, Fort Belvoir, Quantico MCB and all of the Military District of Washington installations. 

Military Relocation Professional


Check out www.varealestatetalk.com and www.cjrealtygroup.com for more information.

Integrity Real Estate Group
 
Real People*Real Life*Real Estate

Licensed in the Commonwealth of Virginia



 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Virginia Prince William County Woodbridge Rivergate
Tags:
waterfront living
prince william county real estate

Spam prevention
Show All Comments
Anonymous
cc

The site for the Rivergate project being a bit questionable is an understatement. Based on what I can see,  your choice of views are either the river, (with the cement factory blocking your view) an interior unit facing another building, or the lovely I95. Anyone would be out of their mind to buy a unit facing the cement factory until that issue is resolved. And why does IDI want you to give them a deposit now that they claim they will not touch until the your unit is completed. If they are not going to use your money, why do they want it in the first place? In this buyer's market, I hardly think you need a deposit now to hold a unit that may or may not ever be built.

Dec 02, 2008 01:18 AM #1
Ambassador
1,893,914
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

CC-I am aware that the Rivergate project is delayed and delivery of new units will not be until much later than originally anticipated.  All builders require a deposit on new construction and a builders contract does spell out how and when that deposit will be returned should a project not be completed.  IDI is a repubutable builder and has a number of great projects in Northern Virginia to point to as examples.  The site has some challenges but the entire area along the Route 1 nad Occoquan River corridor will change over the next 10 years and it will be a benefit not only to the IDI project but Belmont Bay as well.

Dec 02, 2008 01:34 AM #2
Rainmaker
239,009
Pat Fenn
Marketing Specialist for CJ Realty Group/Cindy Jones Broker - Springfield, VA

Your knowledge of the Northern Virginia area shows in the information you share on the area.

Sep 26, 2010 01:16 AM #3
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
1,893,914

Cindy Jones

Pentagon, Fort Belvoir & Quantico Real Estate News
Have A Northern Virginia Real Estate Question?
*
*
*
*
Spam prevention

Additional Information