All arguments aside, Alexandria’s equity standards and economic prospects have been declared sound.
Yesterday, the city announced that S&P Global Ratings and Moody’s Investors Service reaffirmed Alexandria’s ‘AAA’ bond rating. The city has maintained the designation since 1992, and it equates to a good credit rating for the city to get low-interest rates from bond investors to provide funding for multiple projects.
(Updated 11/16) An Alexandria homebuilder has joined a Canadian development company, and has become their 100th office in North America.
Matt Bieschke, Owner of Carbon Design Build, opened his business more than a decade ago in Alexandria. Last week, Alair announced that Bieschke agreed to join the Alair franchise as a partner, establishing Alair Alexandria. Alair was founded in 2007, and also owns Alair Arlington and Alair Hunt Country.
The Alexandria Redevelopment and Housing Authority is asking the city to approve new height limits for its proposed redevelopment of Ladrey High Rise in Old Town North.
ARHA has plans to demolish the existing 11-story, 170-unit affordable apartment building at 300 Wythe Street, which houses seniors and residents with disabilities, as well as its former headquarters at 600 N. Fairfax Street.
The Alexandria Planning Commission unanimously endorsed a sweeping overhaul of the city’s zoning ordinances on Wednesday night, giving City Council the green light to vote on it later this month.
There were more than 100 attendees and 51 speakers at the Planning Commission’s five hour public hearing, which ran after midnight. The speakers were a mixed bunch, with about half supporting the legislation and the other half opposing it.
A makeover has been proposed for a 53-year-old office building in Old Town North.
The owners of the former home of the Alexandria Community Services Board at 720 North St. Asaph Street want the building converted into a 12-unit multifamily apartment building with ground floor commercial space.
City leaders broke ground on Housing Alexandria‘s 474-unit affordable apartment complex in Arlandria on Wednesday, capping off the largest project of its kind in Alexandria history.
It will be 2026 by the time residents start moving into the two-building, 36,000 square-foot complex, Housing Alexandria said in a release. The buildings, named Sansé and Naja, will be located near the corner of W. Glebe Road and Mount Vernon Avenue. The property will include a large underground parking garage and 34,000 square feet of commercial space, which will include childcare and health care services, according to Housing Alexandria.
Hilco Redevelopment Partners said a new mixed-use development at the former GenOn Power Plant site takes inspiration from the Renaissance Revival-style Flatiron building in New York. Reception online was mixed.
The Flatiron, built at the start of the 20th century, is an iconic design at 175 Fifth Avenue. While the proposed developments at Block B have a similarly tall and narrow shape, the Alexandria building still has strong elements of the fast-casual architecture style dominating recent development around the region.
Buildings resembling New York City’s iconic Flatiron building are being proposed for the former home of the GenOn Power Plant in Old Town North.
Hilco Redevelopment Partners just released new renderings for 1.2 million square feet of mixed-use development.
(Updated 9/27/23) Before unanimously voting on financing the massive WestEnd Alexandria project at the former Landmark Mall site, a majority of Alexandria City Council members said that they still dislike the name.
Council unanimously approved a number of proposals on the 52-acre development, which will be devoted to the new Alexandria Hospital, and a multi-block town center with apartment buildings, pavilions, restaurants, and rooftop open space.
Attention Del Ray dog owners: The Eugene Simpson Park will reopen to the public in the beginning of next year at the end of more than a year of redevelopment.
The formerly dusty, not-grassy park at 521 E. Monroe Avenue will be closed for the last three months of the year to allow for a “sod establishment period,” according to the city.
T.J. Maxx is planning on moving to a sectioned-off portion of the former Shoppers Food Warehouse in Potomac Yard next month.
T.J. Maxx staff told ALXnow that the store will move from its current location at 3451 Richmond Highway and reopen at 3875 Richmond Highway on Thursday, Oct. 19.
