The Oakville Triangle redevelopment is progressing steadily, as developer Stonebridge has reportedly secured the $300 million in financing necessary for its construction, according to the Washington Business Journal.
Stonebridge principal Doug Firstenberg did not discuss the terms of the financing on the 13-acre property from Los Angeles-based investment company PCCP, although it means that the timeline for the project is on track to be unveiled in the fall of 2023.
Beyer Calls for Accountability in Wake of Capitol Siege — “The idea that we would just move on and not hold those responsible for this accountable is immoral.” [Twitter]
Stonebridge Sells Piece Of Oakville Triangle Site To Townhouse Builder — “Stonebridge is under contract to sell a 3.5-acre piece of the site to Winchester Homes to build an 84-unit townhouse project, Stonebridge principal Doug Firstenberg tells Bisnow.” [Bisnow]
Shortly after the City Council approved overall plans for the new Oakville Triangle, developers are coming back to the city next Tuesday (Dec. 5) with specific development applications for various pieces of the development.
Developers have submitted three applications for sites in the development area, including the creation of development blocks and the medical facility. The first application would lay out a street grid and infrastructure for the new development. In total, four development blocks would be created.
Virginia Tech Students Help Design Oakville Triangle — “A group of local Virginia Tech students in an architecture studio class got the opportunity to reimagine a small section of Alexandria this semester.” [Alexandria Living Magazine]
Carolers Serenade Goodwin House Staff — “The carolers arrived in Dickensian costumes as a trio and sang classic as well as beautiful newer arrangements of traditional Christmas carols, well-known winter favorites, and gems of Channukah pieces with gorgeous harmonies.” [Zebra]
New plans for the Oakville Triangle received an overwhelmingly positive reception from the City Council at the public hearing on Saturday and unanimous approval.
Plans for the Oakville Triangle include a new Inova HealthPlex and other land use changes. Plans presented to the City Council show dramatically scaled back retail and office space in the area compared to what was approved in 2015.
Developers are planning to host an online meeting next week to update the public on plans to build a large new health center at the heart of the redeveloping Oakville Triangle.
Stonebridge and Inova Health Systems held meetings earlier this year discussing proposed plans to build a “Inova HealthPlex” — which will have emergency room services, an outpatient care center and medical offices. The developers gathered community feedback and submitted concept development applications.
Alexandrian Killed in D.C. Shooting — “Metropolitan Police identified Montrell Lucas, 18, of Alexandria, as one of two victims who were killed Tuesday night. Police responded to the 1600 block of Maryland Avenue Northeast around 8:46 p.m. for a report of a shooting and found three victims.” [Patch]
D.C. Company Sends Out Incomplete Ballot Applications — “Judith, a city of Alexandria resident, received the letter, which includes a partially completed application for a mail-in voting ballot and a pre-addressed and prepaid envelope to send the application to her registrar’s office. But her ballot application would have gone to the wrong address.” [NBC4]
Alexandria wants community input on the latest plans regarding the proposed Oakville Triangle redevelopment, and another Zoom meeting is planned early next month.
Inova Alexandria Hospital plans to accommodate development at National Landing and Virginia Tech’s Innovation Campus by expanding it services with a new HealthPlex in the city’s Oakville Triangle neighborhood.
Fairlington UMC Warns Against Phishing Scam — “Remember the phrase ‘fishers of men?’ We have PHISHERS again. They are sending emails and TEXTS from ‘Janine Howard’ asking you to go out and buy ebay cards for them. Don’t do it. If you’d like to make charitable donations, call or go to our website.” [Facebook]
Burke & Herbert Bank Issues More Than 1,100 PPP Loans — “Today Burke & Herbert Bank, which has been serving the northern Virginia business community for more than 167 years, announced that nearly 1,100 Paycheck Protection Program (PPP) loans totaling approximately $136 million in aid for local businesses have been approved for the Bank’s customers. As a result, an estimated 10,000 individuals in the local community will remain employed or return to the businesses’ payroll.” [Zebra]
T.C. Senior Wins $40K Scholarship — “What does it feel like to get a SURPRISE ZOOM CALL from U.S. Senator Mark Warner, Lisa Collis, and daughters Gillian, Eliza & Madison…telling you that you are the first recipient of the Collis Warner Family Scholarship worth $40,000? Just ask T.C. Williams High School Senior Foziya Mohammed! Mohammed received the call this afternoon…’I am shocked and excited! I was nervous I thought this was a call about some kind of problem with my scholarship application. I’m not nervous anymore! Thank you so much. I would tell all of the younger students at T.C. that hard work pays off!'” [Facebook]
Police Respond to Domestic Violence Service Call — “The Alexandria Police Department is investigating a weapon violation in the 1400 block of South Highview Lane. A helicopter is assisting and expect police activity in the area.” [Twitter]
The developers behind the Oakville Triangle redevelopment say the project has been dramatically reshaped by the decline of brick-and-mortar retail.
Early designs for the project were of a predominately retail district set up across several blocks near Mount Jefferson Park, but Doug Firstenberg, a principal with development investment firm Stonebridge, said in a video that the 13-acre project near Potomac Yard is being reshaped.
