When developers recognize the value of place, exciting projects emerge. One such project is The King Henry in Alexandria, Virginia.
Historic Alexandria in Virginia is just five miles south of Washington DC, a water taxi ride away from the National Harbor and a bike ride from Mount Vernon. The city is nationally recognized for its rich history and beautifully preserved 18th- and 19th-century architecture. Voted one of Travel + Leisure’s best places to travel in 2021 and a Condé Nast Traveler top five best small city in the US, 2022, Alexandria has a cosmopolitan feel and a walkable lifestyle. On Old Town Alexandria’s King Street mile you’ll find more than 200 independent restaurants and boutiques, intimate historic museums and new happenings at the waterfront.
Joel Miller realized that surface parking was not the highest and best for the surface parking lots on King Street, and set about designing a more appropriate plan. Four distinct buildings are planned to be built on two sites, replacing the surface parking with a brand new parking deck and automated parking system, and adding 52 residential units to the dense and desirable neighborhood.
Joel’s taking it one step further. He’s opened up a community raise on Small Change, inviting anyone who is at least 18 years old to invest. You can view the listing here. It’s open for investment right now.
This is not a solicitation of an offer to buy or sell any securities. All investing is risky and involves the risk of total loss as well as liquidity risk. Past returns do not guarantee future returns. If you are interested in investing, please visit Small Change to obtain the relevant offering documents.
Image courtesy of The King Henry
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The King Henry – Rethink Real Estate. For Good.