Voided development plan for former Fannie Mae campus expedited for approval

A proposed redevelopment of Fannie Mae’s former Reston campus has once again come forward for approval (via Fairfax County)

A previously approved plan for the redevelopment of the former Fannie Mae campus in Reston is once again headed before the Fairfax County Board of Supervisors for a vote on an expedited timeline.

At a board meeting on Tuesday (June 28), Hunter Mill District Supervisor Walter Alcorn successfully passed a board matter to move the application from developer Wheelock Capital for an official vote by the board as soon as possible.

The plan includes 74 townhouses and eight two-over-two units on the 28-acre property, which is currently developed with an office building that was once home to mortgage company Fannie Mae. The building would remain undisturbed by the plan.

In a 9-1 vote, the board approved the project in August 2022, but the approval was voided when the applicant “missed a payment deadline associated with its buyout obligations under the Dulles Rail Tax District,” according to Alcorn.

“As Board members may recall, this rezoning permits the construction of townhouses in lieu of another high-rise office building on the site,” Alcorn’s board matter states. “The rezoning was negotiated extensively with the community and county staff, and if ultimately built will provide a number of environmental and public benefits.”

The applicant also received the county’s permission to process its site plans — which have already been under review for several months — concurrently with the reapproval of the overall project.

The residential units will be located on the northern end of the property. Existing access points off of American Dream Way will be realigned, and two additional access points will be added to serve the residential development.

A private road system and connections to Reston’s trail system are also proposed. A new sidewalk will be constructed along the Sunset Hills Road frontage to the property, as well as a modified intersection at Sunset Hills and American Dream Way.

While the board matter doesn’t specify a date for the vote, the county’s zoning applications database indicates that a Fairfax County Planning Commission meeting has been scheduled for Sept. 13, and a board public hearing will follow on Sept. 26.