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Washington DC & Mid-Atlantic  + Virginia  + Apartments  | 

Penzance Unveils Plans for Arlington Luxury Towers

Penzance has launched a new project located in Arlington, One Rosslyn. The development will encompass over 900,000 square feet featuring world-class amenities.

Penzance submitted the project’s initial plan application to Arlington County, and the development could break ground as early as late 2026. The firm has partnered with The Baupost Group on One Rosslyn. Located at the intersection of Fort Myer Drive and Langston Boulevard, the property will provide views of Washington D.C. and easy access to Georgetown, the Kennedy Center, and the National Mall.

The development is situated near Theodore Roosevelt Island and the Key Bridge, as well as George Washington University, the Pentagon, and Amazon’s HQ2. “Over the years, we’ve made significant contributions to Arlington with projects like The Highlands and 3001 & 3003 Washington Blvd in Clarendon, and we are continuing to invest in the area through projects like One Rosslyn,” said John Kusturiss, Partner at Penzance.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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