Dulles Town Center owner pitches unusual makeover plan
Washington Business Journal
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The new owner of Dulles Town Center has filed plans to add lots of new housing to the site, the first step in a bit to revitalize the challenged Loudoun County mall as a live-work-play destination.
Virginia Investment Properties , led by Chantilly investor Srinivas Chavali , wants to add up to 1,000 new homes around the periphery of the mall at 21100 Dulles Town Circle, teeing up future redevelopment of several of its vast parking lots, according to a rezoning application filed with the county’s planning department.
The new units — some 600 stacked flats and 400 single-family homes — would go on a 98-acre donut of land around the mall’s encircling ring road. Portions of that donut are vacant while others are occupied by smaller retail buildings and their parking lots, separate from the mall’s sea of surface parking inside the ring road. Read more.
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This Weekly Edition was compiled by Drew Hansen . Questions? Comments? Concerns? Send them to [email protected] .
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5 个月I have not read all the details in the new DTC submission but the high-level plan is brilliant. Let’s see…leverage under-utilitized land/parking to develop much needed housing that will increase the overall value of property (investment) and increase foot traffic in the mall itself. I hope Mr. Chavali and team get this approved.