Gilbane Development Company Expands Presence in Arlington with Acquisition of 3601 Wilson Boulevard
Arlington, VA – (March 4, 2025) – Gilbane Development Company, a leader in innovative urban development, has announced the acquisition of 3601 Wilson Boulevard, a prominent 6-story, 121,200-square-foot office building in the vibrant Virginia Square/GMU Metro submarket. Conveniently located steps away from the Virginia Square/GMU Metro entrance, this acquisition marks a strategic opportunity for Gilbane to transform the property into a premier market-rate multifamily community.
“This acquisition underscores Gilbane’s commitment to enhancing urban living experiences in dynamic neighborhoods,” said Robert V. Gilbane, Jr, Senior Vice President, Gilbane Development Company. “3601 Wilson Boulevard’s proximity to Metro transit, job centers, and retail amenities positions it as an ideal location for a sophisticated residential community in Arlington. We’re grateful to the amazing team at Savills, lead by the incomparable Rick Rome, Dimitri Koutrouvelis, and Brandon Hamm, who helped identify and close on this unique opportunity.”
The property will undergo adaptive reuse to become a boutique, upscale residential community featuring 94 market-rate units, 5,637 square feet of ground-floor retail space, and 207-parking spaces located in a below grade garage that’s located immediately adjacent to the Virginia Square-GMU metro entrance. The redevelopment plan will leave the facade of the building intact and focus on interior changes that include state-of-the-art amenities designed to cater to modern lifestyles, such as premium tenant storage located on each floor, a wellness center, luxury tenant lounges, and coworking spaces.
3601 Wilson will feature premium sized units ranging from 1 bedroom to 3 bedrooms, expansive windows, custom closets, high-end finishes and appliances throughout each unit. Additionally, select units on the 6th floor feature 12’ deep balconies that are unparalleled in the submarket.
Construction is anticipated to start in January 2026, pending the completion of all necessary design and permitting approvals. Click here for more information on the project.
About Gilbane Development Company
Gilbane Development is the real estate development, financing, and ownership arm of Gilbane, Inc., a 154-year-old family-owned company. With over $8.5 billion in development and more than 25,000 units of housing completed/underway, including over 10,000 units of affordable housing, Gilbane Development Company’s projects incorporate every aspect of real estate including: multifamily housing (market rate apartments, student housing, and affordable housing); mixed-used developments; healthcare facilities; K-12 schools; government facilities; and many types of facilities delivered through public-private partnerships. To learn more, visit gilbaneco.com.