Since 1992, EYA LLC (EYA) has built it’s name and reputation introducing innovative, walkable neighborhoods in a variety of urban settings across the Washington DC metro area.
Looking to the future and preparing for new opportunities in the years to come, the company is committed to developing a leadership team that will ensure long-term success.
To guide this growth, two strategic promotions have been announced.
McLean Quinn has been named President and Milli Arakawa has been named Chief Financial Officer. McLean and Milli will work alongside Bob Youngentob who will continue as Chief Executive Officer and Frank Connors, who remains Chief Operating Officer.
"With a tremendous team, a significant pipeline and a strong appetite to grow both our townhouse and multifamily and mixed-use business lines, it’s an incredibly exciting time to be at EYA and I am honored to take on this new role with the team.” - McLean Quinn, EYA President
“These promotions are part of a strategic sustainability process that will position EYA to thrive over the next 20 years and beyond,” Bob stated. “As part of our deep and tenured leadership team, McLean and Milli have played a key role in many of EYA’s recent successes and bring continued energy and focus to EYA’s senior management. Promoting McLean and Milli now, allows them to take on their new roles while Frank and I are still actively engaged in the business.”
Before being named President in February 2019, McLean served as Vice President of Acquisition and Development. Before being named CFO in February 2019, Milli served as Vice President of Accounting and Finance for the company.
These moves allow EYA co-founder and CEO, Bob Youngentob, to refocus his efforts on deal sourcing, product visioning and investor relations, while Frank Connors will continue to dedicate his experience and leadership to the homebuilding and operational areas of the company.
“We have ambitious plans for growth,” Frank said. “They require expanded leadership at the top, and I’m confident we have the right people in place to lead EYA’s next chapter.”
The greater DC metro area has a vast array of incredible walking/biking trails. From the scenic Mount Vernon Trail winding along the Potomac River to the leafy Capital Crescent Trail connecting Georgetown to Bethesda, there are many popular trails that provide endless recreation for cyclists and pedestrians and vital paths for commuters who bike to work.
Dynamic Mixed-Use Neighborhood at Graham Park Plaza Moves Forward as EYA and Federal Realty Close on Sale of 8.3-Acre Parcel EYA to Build up to 177 Townhomes, 12.5 Percent Affordable; Federal’s Revitalization of Graham Park Plaza Underway BETHESDA, MD (March 19, 2021) – EYA, LLC (EYA) announced today that it closed on the purchase of an 8.3-acre parcel at Graham Park Plaza from Federal Realty. EYA plans to build up to 177 townhomes, 12.5 percent of which will be affordable housing. Federal Realty’s improvements to the existing retail and office space on the balance of the property will benefit from positive connectivity to future residents, creating a dynamic and authentic neighborhood offering a mix of uses.
EYA, Bozzuto and the Housing Opportunities Commission of Montgomery County (HOC) announce they have closed on construction financing for the Hurston, located at EYA’s Westside at Shady Grove Metro (Westside), a transit-oriented, mixed-use neighborhood in Rockville adjacent to the Shady Grove Metro Station. The Hurston is a mixed-use and mixed-income apartment building that marks the latest phase of the 45-acre development. Once complete, the 7-story building will feature 21,000 square feet of street-level retail and 7,400 square feet of office space with 268 amenity-rich apartments above – 81 of which are designated as affordable housing units.
In this week’s Real Estate section, The Washington Post highlighted increased demand for new construction homes. Post reporter, Carisa Crawford Chappell said, “New construction has become the saving grace for a growing number of buyers drawn into the market by historically low mortgage rates fighting over a dwindling inventory of existing homes. And now that unfulfilled demand for resale homes is spurring a boom in the home-building market.”