The TideLock project (1033 N. Fairfax Street) in Old Town North snagged a $96 million construction loan and is moving forward, the Washington Business Journal first reported.
The project was approved by Alexandria’s City Council back in 2022 along with various other Old Town North developments, including the GenOn power station redevelopment.
Anyone living or working in Alexandria and making less than a six-figure salary could qualify for an affordable unit in a new Old Town development, provided they’re first-time homebuyers.
New luxury condo development Aidan Old Town is opening at 701 N. Henry Street in Old Town with a limited selection of homes set aside as affordable to first-time, income-eligible homebuyers.
With major developments rolling out in Alexandria’s West End before the end of the decade, residents have until the end of the month to provide opinions on a draft plan that would recommend park and open space expansions.
After months of community meetings, the city’s Alex West Plan is available for public comment until March 31. Once finalized and approved by City Council, the package of documents will guide the city government in land use, transportation and other areas.
The City of Alexandria has been awarded $14.3 million by the Virginia Department of Housing and Community Development (DHCD) for three affordable housing projects across the city.
The projects cover a range of incomes based on the area median income (AMI), which is $105,500 for a one person household. The projects range from 40% of AMI — $42,200 for one person — up to 80% of AMI — $84,400 for one person.
A new conversion from an office to a ‘luxury rental development’ has broken ground in Old Town.
American Real Estate Partners (AREP) is converting the 200,000-square-foot office building at 1101 King Street into a 200-unit apartment development called CityHouse Old Town.
(Updated at 12:05 p.m.) The Virginia House of Delegates on Friday printed an updated version of the bill establishing the Virginia Stadium Authority, which would own and finance construction of the $2 billion Potomac Yard arena and entertainment district.
While the Senate version of the bill is still in the Senate Committee on Finance and Appropriations, the House version stipulates that a 15-member Virginia Stadium Authority board would be made up of:
While the Potomac Yard arena has faced a significant amount of scorn and public scrutiny, the Alexandria Chamber of Commerce threw its support behind the arena.
In a release, the Alexandria Chamber of Commerce — also called Chamber ALX — said the arena is a positive opportunity for the city.
If Alexandria’s tentative deal to see a sports arena and entertainment district built in north Potomac Yard, it must include a rehabilitation and renovation fund, Mayor Justin Wilson said Monday night.
Wilson told the Alexandria Democratic Committee that the agreement, which is still in its initial planning stages with Monumental Sports, needs a funding source to account for the wear and tear that time and throngs of annual visitors will have on the arena and numerous planned amenities. The renovation fund is included in Alexandria’s deal with Monumental Sports.
(Updated 6:20 p.m.) After a few years on backburner, plans to remediate and redevelop Vulcan Materials — an industrial site near the Van Dorn Metro station — could be reheating.
An application filed by the Lennar Corporation and Potomac Land Group II LLC with the City of Alexandria calls for the remediation of the existing site to create a new mixed-use development. The new project features a hotel facing S. Van Dorn Street, retail, condominiums, townhouses, two-over-two units and a six-acre park along Backlick Run dedicated to the city.
Plans for Robinson Terminal North, one of the last missing pieces of Alexandria’s aspirations for a contiguous waterfront, are headed to city review next month.
The development, first reported last November, involves a multifamily residential building with ground-floor retail and a restaurant. The project is headed to the Board of Architectural Review on Wednesday, Feb. 21.
At a meeting this weekend, Alexandria’s City Council unanimously approved an affordable housing redevelopment for seniors despite pushback from neighbors.
While many projects in Old Town come under fire from neighbors for being too tall, the Ladrey redevelopment is creating a shorter building but one more spread out across 600 N. Fairfax Street.
