EDA Announces Aikens Group For Workforce Housing Project
August 14, 2017, Front Royal, Virginia: The Economic Development Authority announced the Aikens Group, a premier real estate development firm in Winchester, Virginia, as the developer of the 36-unit workforce housing apartment complex on 3.6 acres of land on Royal Lane in Front Royal, Virginia.
The EDA has been working with the Aikens Group since November 2014, when they met with the EDA. The EDA agreed to spearhead the project for the Aikens Group. By initiating and pulling the permits for the project, the EDA has upheld its agreement to maintain confidentiality as requested by Aikens.
With only a few more permits to be finalized, The Aikens Group is comfortable in announcing their plans for the 36-unit Royal Lane apartment complex. “The three-building complex will be a nice fit for the Town of Front Royal and we are excited to have another project in Warren County,” said Jason Aikens, Vice President of Aikens Group.
“We are happy to see this project come to fruition,” said Greg Drescher, EDA’s Chairman of the Board of Directors. “It’s been a long road, but we’re here and in the not-too-distant future we will be able to offer some upscale housing for our middle class working citizens. The EDA is proud to have gotten this project off the ground.”
The Aikens Group anticipates construction of the new apartment complex in Front Royal, VA to begin in 2018.