82°Partly Cloudy

Afternoon Poll: What Does Future Hold for Crescent/Lake Anne?

by Karen Goff — December 15, 2015 at 4:30 pm 10 Comments

crescentLate last week, Lake Anne Development Partners (LADP) announced it was backing out of a massive redevelopment project at Crescent Apartments and the area surrounding Lake Anne Plaza.

LADP’s plans called for more than 1,000 homes, as well as retail stores, office space and a parking garage. The redevelopment, which would have taken more than a decade, was going to move Village Road; widen the entrance to the historic part of Lake Anne Plaza with an enhanced retail boulevard; and add an outdoor amphitheater and parking garage, and boost needed density to improve the retail outlook.

The developer also promised to add more affordable housing in addition to the 181 replacement units at Crescent.

None of that is happening now, though there is a reasonable chance the county, which owns Crescent and selected LADP in a Request for Proposals in 2013, will put the call out to other developers interested in the project. That will take time, which leaves the future of the plan wide open.

What do you think will happen?

Crescent Apartments/file photo

  • Rational Reston

    No option for “Nothing, Lake Anne is a pretty lousy place loved by a few, and it’ll decay on it’s own.”?

  • Chuck Morningwood

    Garden Apartments are GROOVY!

  • RestonWhen?

    Nice push poll Karen

  • Sec8

    Lake Anne is doomed. Section 8 ruined it.

  • Lake Anne missed out on the best opportunity ever. Too many tried to get too much out of the developers and sunk it. And actually Lake Anne is the only real village center in Reston. There was an opportunity and it was lost.

  • FoetusBlow

    To quote Ms. Goff’s poll, “The area is going to get worse before it gets better. Then the county will act quickly with a real problem on its hands.” I believe the first part is already upon us, as my business overlooks the plaza and we’ve watched the comings and goings become more prescient to that end. As for the county acting quickly, only if it’s in Ms. Hudgin’s best interest, which to date, has not been…if we had but a simple police presence now and then(as before), it would certainly improve things, but the status quo shudders to think on such posture. Crescent Apartments and Section 8…perhaps we are doomed here….

  • Why do you bother?

    Did the developer say why it bailed?

    • Karen Goff

      Vaguely. “Not feasible in this economy.” = Could not get enough financing for such a large project.

      • fiberlicious

        Thanks!

  • va native

    Did the developers get any kind of pay up front? If so, they need to pay back. It’s our county taxes and RA dues that we as homeowners are paying.

×

Subscribe to our mailing list