From the Proposal: Edgemoor Real Estate Services, LLC, affiliated with the Clark Construction Group, will serve as the Development Manager for the turnkey development of workforce housing ("Southgate Apartments") structured parking, bus transit facilities and transportation improvements as further described in Section 2 of this proposal (WHICH IS SECRET AND CONFIDENTIAL).
Fairfax County Redevelopment and Housing Authority will own the workforce apartments upon project completion, while Fairfax County Department of Transportation will own the structured parking. At this time it is planned that the ownership and ongoing operation maintenance responsibilities for these County facilities will remain with the county. However, Edgemoor is pleased to include, as an alternate to the proposal describe herein, private ownership and ongoing operations and maintenance services as part of the scope of work to be included in our Comprehensive Agreement.
In recent years, Clark has completed over 25 million square feet (SF) of parking structures, representing in excess of 100,000 parking spaces. Because Clark builds 95% of its projects in an urban environment, most projects feature a structured parking component either above or below grade.
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