The Ponds at Lafayette
The Ponds site was purchased in 2005 and conceived as a two phase condominium office project.
Phase I (consisting of 80,000 square feet) was constructed on-budget and on-time. It was fully sold to users within six month of completion. Project IRR was 52%.
Anticipating the Chantilly condo market to soften, Moore sold the Phase II land and plans for a 100% profit. History confirmed the Phase II disposition decision.
4229 Lafayette Center Drive
Chantilly, VA 20151
65,669 Square Feet
Average floor plate:
76,965 Square Feet
4/1000 Square Feet Parking Ratio