Efforts to construct a new Lake Anne Fellowship House facility are continuing to progress.
Fellowship Square Foundation and the Community Preservation and Development Corporation are moving forward with zoning approval and entitlements needed for the redevelopment of the affordable senior apartment community located at 11448-11450 North Shore Drive, they recently said.
“As Reston rents skyrocket, affordable rental opportunities for those seniors and people with disabilities and low incomes are scarce,” said Eddie Byrne, FSF board member. “Fellowship Square is dedicated to ensuring that there will be not just affordable, but state-of-the art housing in our community.”
The new building, which is planned for the eastern portion of the property, would replace all 240 apartment units in the existing 1970s-era facility. Residents would remain in their current living space until the new facility is complete, and after they are transferred the old buildings would be destroyed. The portion of the property left unused would be sold for residential development, and the proceeds from the sale would help support the cost of the LAFH building project.
Local brokerage firm MAC Realty Advisors has been selected as a broker for this portion of the site.
The filing of the entitlements application is targeted for early autumn. Its approval would be followed by final design, building permits and construction. Project completion is targeted for the third quarter of 2021.
The collaboration between Fellowship Square and CPDC comes after several years of on-again, off-again plans for redevelopment of the property. Most recently, in 2013, the foundation had an agreement with Cafritz Interests and Novus Development for new housing on the site. That effort fell through by September 2014, which the foundation said was “due to our inability to advance our land use proposal in a manner that will produce the best possible outcome for our residents.”
CPDC is a nonprofit developer of affordable housing.
“We are excited about moving this project forward through the necessary County and local approvals,” said Christopher LoPiano, CPDC senior vice president.
For more information, visit www.fellowshipsquare.org or www.cpdc.org.
Illustration via Fellowship Square Foundation and CPDC
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