The Montgomery Center redevelopment is heading to Alexandria’s Planning Commission later this month.
The proposed development, first announced last spring, is a sweeping overhaul of a block at the heart of Old Town North.
The plan is to replace the current structure with a mixed-use development, featuring 327 residential units and 25,273 square feet of ground-floor retail. As part of a trade for bonus density, developer Carr Companies will provide 22 on-site affordable housing units and a monetary contribution.
Carr is also looking for city or public funding to aid in the construction of a three-level garage — or a two-level garage if no public funding is made available.
With the writing on the wall, some of the current tenants of Montgomery Center have been struggling to find a new home. Seichou Karate, a longtime martial arts school in the Montgomery Center, has been struggling to find a comparable new location. Local bike shop Wheel Nuts closed last December.
The project is heading to Planning Commission review at the March 30 meeting.
