The Oakville Triangle redevelopment is progressing steadily, as developer Stonebridge has reportedly secured the $300 million in financing necessary for its construction, according to the Washington Business Journal.
Stonebridge principal Doug Firstenberg did not discuss the terms of the financing on the 13-acre property from Los Angeles-based investment company PCCP, although it means that the timeline for the project is on track to be unveiled in the fall of 2023.
The massive Oakville Triangle project is located at the corner of Fannon Street and Richmond Highway — just down Richmond Highway from National Landing and the Virginia Tech’s Innovation Campus, and includes more than 1 million square feet of residential space dedicated to apartments, the 93,000-square-foot Inova HealthPlex and 55,000 square feet of retail.
The project goes before the Planning Commission and City Council this November.
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If you had a chance to enhance a child’s future with a time commitment of less than 2 hours a week, how would you respond? You have that opportunity right now to join over 200 Alexandrians as a reading tutor volunteer with the Alexandria Tutoring Consortium (ATC).
ATC tutors work with one child in kindergarten, first, or second grade in Alexandria public schools who need extra help with reading. Tutors meet with their Book Buddy 1-2 times each week for 30 minutes October-May at school, during school hours. Many struggling readers only receive one-on-one instruction through this program, and it makes all the difference. Last year, ATC served 195 children, of whom 82% ended the year reading on grade level and 96% made substantial reading gains. But the need is great, and we are still seeing learning lags from the pandemic.
This year, ATC plans to significantly increase the size of the program to reach over 250 students and to serve every elementary school in Alexandria. This is very exciting news, but we will only succeed if we can recruit more tutors. ATC trains you, matches you with a child, and provides ongoing lesson materials and support.
If you have been thinking about buying your first home or haven’t owned one in the last three years, THIS IS FOR YOU!
In the DMV area, it can be difficult to save the downpayment necessary for you to get into your own home. We have a solution. The Funder’s Summit!
We have assembled a summit with different municipalities to tell you how to access their funds for your home purchase.
2023 Alexandria Fall Festival
Food trucks, bounce houses, pony rides, magic shows and more at the 2023 Alexandria Fall Festival, an Alexandria Living event presented by The Patterson Group. Join us at River Farm on Sunday, Nov. 5 from 11 a.m. – 4 p.m.
