Tag: real estate
Infill development planned for Annandale
Six homes are planned for Travis Parkway. One of the few remaining open green spaces in Annandale is slated for an infill development. Premier Homes is planning to build six homes on Travis Parkway between Gallows Road and Thornton Street. It’s a by-right project, so there won’t be a public hearing. The new homes would … Continued
Supervisors consider tax incentive to promote redevelopment
These three office buildings at the Skyline Center will be transformed into live/work units. [File photo] The Fairfax County Board of Supervisors on July 28 agreed to consider a new economic incentive program (EIP) to spur investment in the county’s five Commercial Revitalization Districts (CRDs). The CRDs are in Bailey’s Crossroads/Seven Corners, Annandale, McLean, Richmond … Continued
New Seven Corners townhouses sold quickly
Construction of the Boulevard 6060 townhouse development on Arlington Boulevard in Seven Corners isn’t completed yet but all 37 homes have sold out months ago. The final 17 homes are expected to be finished and occupied in September, says Andrew Wilan of Beazer Homes. Prices ranged from $750,000 to just over $900,000. There are three … Continued
Tax increase would fund county priorities
Mason Supervisor Penny Gross told the audience at the Budget Town Hall she has signs to give out to residents concerned about speeding on neighborhood streets. Contact her office if you want a sign. At the Mason District Budget Town Hall March 12, Fairfax County Executive Bryan Hill and Chief Financial Officer Joe Mondoro explained … Continued
Real estate assessments rise 2.65 percent
Fairfax County residential real estate assessments for 2020 are up an average of 2.65 percent countywide over the 2019 rate. In Mason District the average assessment rose 3.57 percent. The average assessment for all homes countywide is $580,272, compared to $565,292 last year. The average assessed value for single-family detached homes countywide is $692,409, a … Continued
New townhouses in Seven Corners selling quickly
A rendering of Boulevard 6060. [Beazer Homes] The new townhouse community under construction on the site of a former medical building at 6060 Arlington Boulevard in Seven Corners is selling quickly, says Andrew Wilan, “new home counselor” at Beazer Homes. The 37-unit development, called Boulevard 6060, is between Target, the Federal Hill townhouses, and the … Continued
Skyline Towers sold to CIM Group
Skyline Towers [Apartments.com] The CIM Group has acquired Skyline Towers, the real estate company announced Dec. 16. The 12.7-acre property in Bailey’s Crossroads consists of two 26-story high-rise apartment buildings with a total of 939 units. The buildings were constructed in 1971. Amenities for residents include an outdoor swimming pool, 24-hour fitness center, game room, … Continued
New owner plans big changes at Skyline Center
Three of the buildings at the Skyline Center. Somera Road Inc., a New York-based commercial real estate firm, is part of a partnership that acquired the aging Skyline office complex in Bailey’s Crossroads for about $215 million, the Washington Business Journal reports. The deal includes seven office buildings and a retail center anchored by Target. … Continued
Amazon HQ2 spurs sale of the Loren
The Loren Blackfin Real Estate Investors, in partnership with Sachs Cos., acquired the Loren, a mid-rise apartment building in Seven Corners, for $70 million in anticipation of the pending economic boom from Amazon’s headquarters in Arlington. The seller is the Bozzuto Group, which developed the project in 2017. The building, at 6410 Arlington Blvd. in … Continued
Signature Realtors signs on to the Taste of Annandale
Realtors Chris Garcia and Burhan Khan of Signature Realtors. The Annandale Roundtable welcomes Signature Realtors as a late-addition Gold Sponsor of the Taste of Annandale, a street festival Oct. 5 on Tom Davis Drive. Signature Realtors has been at 5105-D Backlick Road at the Bradlick Shopping Center in Annandale for about 15 years, says Realtor … Continued
Construction well under way on live/work building in Bailey’s Crossroads
The main entrance to Mission Lofts is on S. Carlin Springs Road. The first units at Mission Lofts, the office building conversion project with the innovative live/work concept at 5600 Columbia Pike in Bailey’s Crossroads, could be ready for the first tenants as early as November. The entire project should be completed in January, says … Continued
Model homes open at new Heritage development
Construction is well under way on the first phase of the Heritage townhouse community on Commons Avenue in Annandale. When completed, the community will consist of 67 homes on what had been a parking lot, 7-Eleven, and gas station between the Heritage shopping center and the Vistas of Annandale. The Board of Supervisors approved the … Continued
Developer files suit after Board of Supervisors rejects house in flood plain
The lot on Woodlark Drive. A developer who has failed to get approval for a new house on a vacant lot in a floodplain in Annandale has sued the Fairfax County Board of Supervisors, the Chesapeake Bay Preservation Ordinance Exception Review Committee (ERC), and the individual members of the ERC. K2NC LLC, a limited liability … Continued
Panel urges greater investment in affordable housing
Fairmont Gardens in Annandale. The shrinking amount of affordable housing in Fairfax County is driving middle and lower-income people out of the area. To address that challenge, the Board of Supervisors convened an Affordable Housing Resources Panel to determine the number of affordable housing units needed and determine how to reach that goal. The panel’s … Continued
Committee rejects application for house on lot subject to flooding
Preliminary grading had already started on this lot on Woodlark Drive. In what could be seen as a major victory for the environment, the Chesapeake Bay Preservation Ordinance Exception Committee (ERC), agreed that a house should not be built on a vacant lot subject to flooding at 4104 Woodlark Drive in Annandale. The committee was … Continued