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Notes: Stalled Old Town hotel project could pivot to residential

Snowy conditions outside ALXnow editor’s apartment (staff photo by Vernon Miles)

Good Tuesday morning, Alexandria!

🌧️ Today’s weather: Expect rain and snow before 11am, transitioning to a chance of rain from 11am to 1pm. The day will gradually turn mostly sunny with a high near 45 degrees and breezy conditions, featuring a northwest wind of 15 to 23 mph with gusts up to 37 mph. A 70% chance of precipitation and less than half an inch of new snow accumulation is anticipated. Tuesday night will be mostly clear, with a low around 32 degrees and gusts as high as 22 mph.

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802-808 N. Washington Street (image via Google Maps)

The Washington Business Journal reported that plans for a partially built five-story hotel are dead in the water but the developer is hoping to turn it into a residential development instead.

After some delays, plans to replace the two story Towne-Motel at 802-808 N. Washington Street with a new five-story, 98-room hotel got underway in 2020. But even as the building started going up, the Washington Business Journal reported that rising interest rates and construction costs caused funding for the project to dry up.

Now, with the parking garage and first floor built, the Washington Business Journal said reports filed to the city show that the hotel project is no longer viable and the hope is to pivot to building 47 condos instead. The 122-year-old brick townhouse, which was moved back in 2020 to make was for the new development, could be incorporated into the townhouse development.

Image via Google Maps

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