The affordable housing developer behind the new Lake Anne House in Reston is targeting an apartment complex near Falls Church High School for a similar rebuild.
Enterprise Community Development, a Maryland-based national nonprofit, announced last week that it has acquired the Coralain Gardens Apartments in West Falls Church for $21.7 million, setting the stage for a rehabilitation that will enable the property to remain fully affordable.
An affordable housing community could take over a nearly temporary athletic field on Dulles Green Drive.
At a Fairfax County Board of Supervisors’ meeting on July 25, Dranesville District Supervisor John Foust asked the county to begin the initial steps to transfer the board-owned site at 13500 Dulles Greene Drive to the Fairfax County Redevelopment and Housing Authority (FCHRA) to develop an affordable housing project.
(Updated at 4:15 p.m.) Developer Foulger-Pratt‘s unsolicited proposal to redevelop Bowman Towne Court in Reston has been scrapped, Fairfax County announced today.
In a termination letter, the developer cited “significantly higher construction costs and recent interest rate hikes” as the primary reason for ending the agreement. The team also stated that a 24% increase in the project’s overall costs would have delayed the completion of the site.
Developer Foulger-Pratt‘s unsolicited proposal to redevelop Bowman Towne Court in Reston is moving forward to the next phase of planning.
The Fairfax County Redevelopment and Housing Authority’s commissioners voted yesterday (Oct. 20) to approve an interim agreement with the developer for up to 350 affordable apartments and a 40,000-square-foot Reston Regional Library on the 2.9-acre property owned by FCRHA at the intersection of Bowman Towne Drive and Town Center Parkway.
An affordable housing option for seniors will soon be available in an area of Braddock District where housing stock has been limited.
At a board meeting on Tuesday (May 10), the Fairfax County Board of Supervisors approved a financing plan to rehabilitate 120 senior affordable housing units and construct 60 new units at a project known as Little River Glen.
A plan to possibly convert a portion of the Reston District Police Station’s parking lot into affordable housing is moving forward.
At Hunter Mill District Supervisor Walter Alcorn’s request, the Fairfax County Board of Supervisors directed staff yesterday (Tuesday) to schedule a public hearing to consider conveying county-owned land to the Fairfax County Redevelopment and Housing Authority.
For years, discussions have swirled around the possibility of developing the Bowman Towne Center and Reston Regional Library.
With the receipt of an unsolicited proposal to redevelop the property, Fairfax County is beginning to formalize plans to move forward with the project.
