Officials from the Town of Herndon and Comstock have declined to disclose information on why the development of downtown Herndon has been delayed from its expected groundbreaking late last year.
In a statement posted on social media yesterday (Monday), Town of Herndon Mayor Lisa Merkel offered some insights on what has led to delays. She pointed to market conditions and COVID-19 as reasons that have led to delays.
Comstock and the Town of Herndon have not yet closed on the project. The town’s manager, the town’s attorney and Merkel met with Comstock’s senior staff, including its CEO Chris Clemente late last week to “address a number of outstanding items required prior to closing,” Merkel said.
Both parties are working on strategies to address the pending issues, Merkel said.
She also added that Clemente and his staff stressed their commitment to “expeditiously” move forward with the redevelopment project.
“Both Comstock and the Town are committed to this project and my personal goal as your major is to see these actions completed during this calendar year,” Merkel said.
A promotional website and banner offer a tease regarding what’s to come on the site, which will include 273 apartments, 17,00 square feet of retail, and arts center, and a 787-space parking garage. The $85 million project is a joint venture between the town and Comstock.
More information is expected next month.
Photo via Comstock