MRP Realty and The JBG Cos. have started construction on The Alric, a 323-unit apartment building at 731 Seaton Ave. in Alexandria.
The Alric is the first phase of The Exchange at Potomac Yard, a 14-acre development within the existing, 300-acre Potomac Yard community.
The apartment project includes two, five-story buildings and is expected to be completed by late 2014.
SK&I Architectural Design Group designed the project.
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