“Our investment in the Starling Village is part of our broader commitment to continuously work to revitalize neighborhoods by improving social and economic mobility of our residents,” said Scott Alter, Principal and Co-Founder of Standard Communities.

“Older adults, many of whom are on fixed incomes, often find themselves priced out of the neighborhoods that they have been a part of for many years, or even decades. Our goal is to ensure that The Commons at Princess Anne provides high-quality, affordable housing that enables seniors to remain close and connected to their community, friends, and family,” said Tommy Attridge, Director of Southeast Production for Standard Communities.

“As we look toward the future of Park Shirlington, we are thrilled to have the opportunity to reinvigorate the complex and bring it into its next phase of development,”said Standard Communities Co-Founder Jeff Jaeger.

“Housing costs in the greater Washington D.C. area have continued to climb in recent years, and we are excited to be in a position to continue providing a high-quality housing option that is affordable for low-income families,” said Standard Communities Chief Strategy Officer Joseph Ouellette.