redevelopment | ALXnow

Old Town North power plant redevelopment and funding plans heading to city review

Published May 20, 2026 at 9:15AM

A cyclist along a path in Old Town North near the old power plant (staff photo by Jay Westcott)

Plans to redevelop the shuttered Potomac River Generating Station in Old Town North are heading to the Alexandria Planning Commission and City Council next month.

The Planning Commission will get the first crack at the massive proposal to convert the 18-acre site at 1300 N. Royal Street into a mixed-use development at its meeting on Tuesday, June 2, followed by a City Council public hearing June 13. City Council will also be presented with a $135 million financing deal for the project June 9 (Tuesday), which property owner HRP Group says will catalyze more than $2 billion in private investment into the site. City Council will hold a public hearing for the financing agreement on Saturday, June 13.

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Nonprofit seeks city approval to convert Old Town office headquarters into townhomes

By James Cullum

Published January 6, 2026 at 1:45PM

415 N. Alfred Street (via Google Maps)

After more than 20 years in Old Town’s Parker-Gray Historic District, a nonprofit wants to demolish its headquarters and replace it with five three-story townhomes.

The Society of Defense Financial Management — formerly the American Society of Military Comptrollers — has owned and used the office building at 415 N. Alfred Street since 2004. Now real estate developer PT Blooms is asking the city for permission to tear down the entire structure and build five new townhomes with roof decks and rear-loaded two-vehicle garages.

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Affordable housing redevelopment plan for Old Town apartments gets commission greenlight

By Katie Taranto

Published December 3, 2025 at 3:45PM

Rendering of the proposed 145-unit affordable apartment complex at 598 S. Alfred Street in Old Town, viewed from Wilkes Street and S. Alfred Street (via City of Alexandria)

The Planning Commission has given its approval to plans to redevelop an Old Town apartment building with more affordable housing.

The commission gave its blessing last night (Tuesday) to Alfred Street Baptist Church’s proposal to construct a four-story, 145-unit affordable housing complex on the grounds of the 1970s-era Old Towne West building. The current parcels at 901 Wolfe Street and 598 and 601 S. Alfred Street have 77 units, including 34 affordable units and two offices.

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Old Town townhome proposal gets lukewarm response from architectural review board

By Katie Taranto

Published November 20, 2025 at 10:45AM

Illustrated changes to townhome design one (via City of Alexandria)

A plan to construct 32 four-story townhomes at the site of two Old Town office buildings is still struggling for the blessing of the Board of Architectural Review.

Members of the review board are requesting more exterior variety and colonial influence in the proposed townhomes, after reviewing new renderings of the project at 333 N. Fairfax Street. The board did not vote on the item during last night’s public hearing (Wednesday).