The Alexandria Redevelopment and Housing Authority has completed its $56.8 million purchase of a senior living facility to house residents from a deteriorating high-rise, abandoning plans to demolish and rebuild the aging property.
ARHA closed Tuesday on The Alate Old Town Senior Living Facility at 1122 North First Street, which will house 110 age-eligible residents from the Ladrey Senior High-Rise at 300 Wythe Street. The federal Department of Housing and Urban Development terminated operating support for Ladrey and issued vouchers to relocate its 168 residents.
The acquisition represents a major shift from ARHA’s original plan to demolish the 1970s-era Ladrey building and replace it with a larger structure. Alexandria City Council approved that demolition plan in January 2024…