Reston Association is considering a request to add two new developments to its membership.
Proposed additions include Valley & Park, a 54-unit townhouse project on 11720 Sunrise Valley Drive and The Lofts at Reston Station, which will include 32-unit, four-level condominiums and 12 stacked townhouse condominiums at 1825 Michael Faraday Drive.
Both developments will have its own on-site maintenance through a cluster or condominium association.
The developers have committed to pitch in a per unit capital contribution to offset the impact of new members to existing RA infrastructure, according to Larry Butler, RA’s senior director of land use planning. Staff did not disclose the contribution amount in a meeting late last week as negotiations continue.
Valley & Park by Toll Brothers is in the early phases of preparation for construction after a six-story building built in 1985 was razed in June. Located just east of JBG’s Reston Heights development, the 69,000-square-foot building was bought by Rooney Properties in 2013.
The Lofts at Reston Station by Pulte are designed to create “a new urban neighborhood” on 1.5 acres – just a third of a mile from Wiehle-Reston East Metro Station. Redevelopment projects are planned around the site. The project, which is currently under construction, replaces a one-story industrial building and surface parking.
RA’s Board of Supervisors will hold a public hearing on the proposed additions on Feb. 22.
With its membership in RA, the developments will be subject to various terms, including:
- The entire property will be subject to the Reston Deed
- The establishment of a cluster association — Sunrise Square
- Full payment, per unit of the RA annual assessment
- A lump sum payment or other initiation fee
Photos via Fairfax County Government
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