Tag: real estate
New owner of Mark Center plans to renovate garden apartment communities
The Hillwood apartments at the Mark Center Morgan Properties, a fast-growing real estate company based in suburban Philadelphia, has acquired the Mark Center portfolio in Alexandria’s West End for $509 million, the company announced Aug. 30. The Mark Center consists of 2,664 apartment units and a 63,320-square-foot retail center on more than 150 acres. The … Continued
Zoning changes under review, including new rules on Airbnb rentals
The Annandale area on the county’s zoning map. A new regulation on short-term rentals is likely to be the most high-profile of several changes in the Fairfax County Zoning Ordinance under consideration by the Department of Planning and Zoning. Zoning Administrator Leslie Johnson described some of those changes at the July meeting of the Mason … Continued
Fairfax Circle mixed-use project moving forward
A rendering of Scout on the Circle. Demolition of the long-closed shopping center on Fairfax Circle is expected to start in late 2017 or early 2018 to make way for the Scout on the Circle mixed-use project. The developer, Combined Properties Inc., announced Aug. 3 that Giant Food has signed on as the anchor for … Continued
Black Squirrel coming to the Loren in Seven Corners
The Loren is open. The Loren, the new apartment complex at 6410 Arlington Boulevard in Seven Corners will have a Black Squirrel gastropub on the first floor. Black Squirrel is expected to open in eight months to a year, said Nina Kent, property manager with the Bozzuto Group. The Black Squirrel, specializing in craft beer … Continued
Community meeting will address affordable housing
Rosedale Manor, an affordable housing community in Bailey’s Crossroads doesn’t have any vacancies. There’s widespread agreement that the lack of affordable housing is a huge problem in Northern Virginia; yet there aren’t many viable solutions. The public is invited to present their views on this issue at a community meeting, titled “Why Housing Matters,” at … Continued
Neighborhood Spotlight: Lakeside Plaza
Lakeside Plaza Lakeside Plaza, the highrise on Columbia Pike across from the Lake Barcroft dam, is more than a condominium – it’s a community with lots of amenities and a full calendar of social activities. The building, at 3800 Powell Lane, Falls Church, has 353 units, ranging from units with one bedroom and one bathroom … Continued
Townhouses proposed for Gallows Road
One of 11 houses on a property proposed for higher density. Fairfax County is considering an amendment to the Comprehensive Plan to consolidate a group of properties along Gallows Road and allow increased density – which would pave the way for a townhouse development. The property is in Mason District between Gallows Road, Libeau Lane, … Continued
Annandale Road farm for sale
The farm on Annandale Road. The “farm” on Annandale Road is on the market for $3 million. The owners, Bobbi Ngo and her husband, have been growing vegetables and herbs on their 2.1-acre yard since they moved there more than 30 years ago. The house is a modest, brick two-story rambler built in 1951 with … Continued
Fairfax County’s economic situation shows some improvement
The latest economic indicators report for Fairfax County prepared by the Department of Management and Budget presents a mixed bag. Here’s the positive news: Home prices are up. The average sales price of all homes that sold in January 2017 in Fairfax County was $545,772, an increase of 8.1 percent over the average price of … Continued
Historic Oak Hill is on the market
Oak Hill, the oldest and most historically significant house in Annandale, is on the market for $1.55 million. The listing, by Christie’s International Real Estate, says the Georgian-style house, at 4716 Wakefield Chapel Road has six bedrooms, five and a-half bathrooms, a modern kitchen, and a private apartment over a two-car garage. The 2.6-acre property … Continued
Expansion of townhouse development proposed
A completed section of Ambrose Hills and a new tot lot. Stanley Martin Cos., the developer of the Ambrose Hills townhouse development on Columbia Pike and Powell Lane, is requesting a rezoning to build five more homes on a small parcel it acquired a couple of years ago, long after the rest of the property … Continued
Home assessments are up 1.3 percent in Annandale
Real estate assessments rose an average of 0.68 percent from 2016 to 2017 for residential homes in Fairfax County. The average home is assessed at $533,168. Residential assessments in Annandale rose an average of 1.32 percent, the second highest increase of any area except Burke. The average home value in Annandale is $451,164. The biggest … Continued
Demand strong for commercial office space, yet vacancy rates remain high
The Lee Building in Bailey’s Crossroads. The commercial office market in Fairfax County remained strong during the first half of 2016, according to a report released by the Fairfax County Economic Development Authority. The majority of new leasing activity was in Tysons, Reston, and Chantilly, however, with minimal activity in the Annandale/Mason District area. The direct … Continued
Skyline Center for sale
The Skyline Center The Skyline business campus in Bailey’s Crossroads will be sold at auction to the highest bidder on Dec. 21, the Washington Business Journal (WBJ) reports. The property is being sold – in a substitute trustee’s sale – from the steps of the county courthouse after the owner, Vornado Realty Trust, defaulted on … Continued
Renovations under way on Annandale office building
Tenants sought for 7409 Little River Turnpike. The renovation of an office building at 7409 Little River Turnpike in Annandale, first announced in May 2014, is under way after several challenges caused delays. The building has four retail spaces on the first floor. The configuration of the second floor is flexible so the number of … Continued