In 1985, IDI brought a new type of waterfront living to the edge of the Potomac in southern Alexandria with the completion of Porto Vecchio. The two eight-story buildings housed 170 condominiums, and its state-of-the-art health club and riverfront pool were the talk of the town when it debuted.
In 1985, IDI completed Burke Cove, a garden-style condominium community on 41 acres in Burke. The 46 two- and three-story buildings delivered 448 condominiums set amid rolling hills and a forested landscape.
In 1985, IDI completed our second land development project, Franklin Farm. This planned community in Fairfax County covered 823 acres and comprised 738 residential lots along with 64 commercial acres and lots of space for recreational amenities.
In 1987, we completed Leisureworld Plaza, a 146,500 sf shopping center and adjacent 32,000 sf professional office building. Anchored by Giant Food, the center brought dining, retail, and other services to the Georgia Avenue entrance to Leisure World, where it is a mainstay of the surrounding community to this day.
By 1987, IDI had completed four 15-story buildings at Montebello near Huntington Metro in Alexandria. The new community added 1,016 condominiums to IDI’s growing portfolio, and enhanced our reputation for creating special communities. Remarkably, all 253 homes in the first building were presold before construction even began in December 1980.
In 1988, IDI completed The Belvedere in Rosslyn. This project delivered 525 condominium homes in two 18-story buildings that share a connecting lobby. Designed by architect Wayne Williams, “Romeo-and-Juliet” style balconies, which purchasers had the option to enclose, give The Belvedere its unique appearance.
In 1988, we completed The Greens, the first luxury high-rise condominium community at Leisure World of Maryland. This and the communities that followed were made possible by our revision of the master plan, concentrating the allowed density to free up more recreational space. The four 10-story buildings featured 960 condominiums along the community’s championship golf course.
In 1989, we completed our second hotel project, the Washington Renaissance Hotel in northwest DC (currently The Westin). The hotel, adjacent to Techworld Plaza in Chinatown, brought a further 800 hotel rooms into our portfolio.