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Herndon Town Council Approves Agreement on Downtown - Source Connection news papers

Posted on Nov 01,2017
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The land, which is owned by the town, is generally described as located between Station Street to the east, Center Street to the west and south of the property known as the Washington and Old Dominion Regional Trail (the owner of which is the Northern Virginia Parks Authority), and north of Elden Street, but excluding parcels at 754 Elden Street and 762 Elden Street. Photo courtesy of the Town of Herndon

Source Connection news papers

By Fallon Forbush

HERNDON -
The Herndon Town Council unanimously voted 7-0 to move forward with a comprehensive agreement with real estate firm Comstock Partners to redevelop downtown Herndon. The vote was conducted following a public hearing in front of a full crowd at the town’s council chambers on Tuesday, Oct. 24, and was met with a loud round of applause.

The work to be done will build 281 residential apartments, 17,600 square feet of retail space, an 18,000-square-foot arts center and a 761-space parking garage

Comstock will now begin designing the project and will submit a site plan for both the Herndon Heritage Preservation Review Board and town council to review and approve. Comstock anticipates this will take about one year, setting them to begin construction early in 2019, with completion estimated in 2021.

This is the soonest the project could be completed because potential delays could occur. For example, there is a provision in the agreement for a “market pause” for up to two years if “the market isn’t stable enough for this project to succeed,” Bill Ashton, Herndon’s town manager, said during the meeting.

Source Connection news papers



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