First National Bank is coming to 704 King Street in Old Town.
The 4,200-square-foot retail building has been vacant since Nando’s Peri-Peri moved from the location last July.
development
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(Updated 5:25 p.m.) The owner of an aging office building in Old Town North wants it converted into a 136-unit apartment building, and credits the decision to the “ongoing and diminished office market and current high vacancy rate.”
The five-story, 112,000-square-foot office building was built in 1983. It’s owned by Principal Life Insurance Co. of Des Moines, Iowa, and managed by PF III Abingdon LLC, an affiliate of the D.C.-based real estate investment firm the Pinkard Group.
Inova Alexandria Hospital is currently a 318-bed community hospital. Once it opens its new hospital in Landmark in 2028, it’ll be a 192-bed hospital.
At a City Council meeting last week, Councilwoman Alyia Gaskins raised concerns from the community about the loss of beds in the new development. Dr. Rina Bansal, president of Inova Alexandria Hospital, said the decrease in beds is part of making services more efficient.
A new Change.org petition opposing the new Washington Wizards/Capitals arena at Potomac Yard is slowly gaining steam.
Last week, Ted Leonsis, the CEO of Monumental Sports & Entertainment and owner of both teams, announced the move alongside Virginia Gov. Glenn Youngkin and Alexandria Mayor Justin Wilson. The $2 billion proposal would mean a new entertainment district for the area, which critics say will worsen traffic and decrease property values.
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Updated at 2:45 p.m. New posters are lampooning the recent announcement that the Washington Capitals and Wizards are moving to Potomac Yard by demanding one more thing — for the Washington Commanders to also move to the neighborhood.
“BUILD THE STADIUM COMPLEX,” headlines the five posters, which say, “We must act fast! This mega complex will be suitable for (football, basketball and hockey stick emojis) and T Swift concerts. The streets of Del Ray will become sanctuary for riotous celebrations of multiple championships. We must not lose out to suburban Maryland!! Let’s make our suburb great again!”
Yesterday’s announcement of the possible new arena at Potomac Yard turned a previously scheduled conversation with Mayor Justin Wilson into one of the first public discussions of the contentious project.
The Del Ray Citizens Association was packed with 375 participants on a Zoom call to ask Wilson questions about the new project. Across social media — and at a small protest outside the announcement — concerns focused on the secrecy around the project, car congestion at the site, and the Potomac Yard Metro’s ability to handle the amount of traffic.
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Updated 3/27/2024 — The Washington Capitals and Washington Wizards are not, in fact, coming to Potomac Yard
It’s official: the Washington Capitals and the Washington Wizards are moving to Alexandria’s Potomac Yard neighborhood.
Alexandria’s Planning Commission endorsed a plan to rezone 301 N. Fairfax Street, despite concerns from the divided Commission that rezoning without prior planning represents bad civic practice.
The plan is to replace the empty three-story office building with a four-story apartment building with underground parking and a rooftop terrace.
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(Updated at 11:45 a.m.) After more than 200 years in business, Alexandria’s Smoot Lumber yard is shutting down today.
The Alexandria-area supplier of mouldings, doors and windows has been a staple for local builders since it was founded in 1822, and now its owner Builders FirstSource says that customers should visit its lumber yards in Manassas, Manassas Park, Springfield and in Waldorf, Maryland.
A new residential development that created a stir among some Old Town residents is heading to Alexandria’s Planning Commission next week.
The new development at 301 N. Fairfax Street — around two blocks west of Founders Park and two blocks north of City Hall — would create 48 new residential units, along with underground parking with 67 spaces and 10,065 square feet of private open space. Two of those units will be set aside as affordable housing.
After years of stalled planning, the Washington Business Journal first reported that Robinson Terminal North redevelopment could be revived.
The Journal reported that a new development concept plan has been filed with the city’s planning department. The plan will include multifamily residential, ground-floor retail and a restaurant, with mixed-use residential buildings straddling N. Union Street.