Madison Homes has contracted to purchase property for the development of 10 single family detached homes in the Ballston area of Arlington County, Virginia. This community will be known as The Enclave of Ballston, and will represent one of the few opportunities for a new single family detached home community in Arlington County. The Enclave of Ballston will be located within walking distance to the Metro station, restaurants, shopping and employment opportunities in Ballston. Working with Walter L. Phillips, Inc. as engineer, and Devereaux & Associates as architect, Madison is processing for subdivision plat and final engineering plan approval as a “by-right” development. Property acquisition, development and construction will commence in late 2010.