The company’s CEO Randy Barnette says plans fell through due to issues with securing financing for the project. The news was first reported by The Burn.
Inflation in the wake of the pandemic added 25% to the project’s costs, making a loan challenging and “adding uncertainty to the profitability of the location,” Barnette told FFXnow.
“The developer, The Ruth & Hal Landers Charitable Trust, was an outstanding partner in the pursuit of the location,” Barnette said. “I wish we could be a tenant for decades with them. Their charitable trust was built from the original cattle & dairy farm that occupied all that area up from the 50s until the early 80s.”
The brewery had hoped to open towards the end of last year, bringing a full-service restaunt and brewery with three barrels to the site. It was designed to be similar to the Fairfax location.
Arrowbrook — still a relatively new development south of the Dulles Toll Road near the Innovation Center Metro station — welcomed the bakery and restaurant Paris Baguette in November. Other upcoming tenants include a South Asian grocery story and a spin-off of a Peter Chang restaurant.
A Wind Advisory has been issued for the D.C. area, including Fairfax County. The alert is currently scheduled to start at 6 p.m. tomorrow (Wednesday) and continue until 4 a.m….
OmBaked is organizing an inaugural Holi Festival at Lake Anne Plaza (courtesy OmBaked) A traditional Hindu festival is set to light up Lake Anne Plaza next month. The inaugural Holi…
A band plays at Ned Devine’s during the second round of Herndon’s inaugural Battle of the Bands (photo by Laura Poindexter) The Town of Herndon’s first-ever Battle of the Bands…
Fairfax Connector is now in its sixth consecutive day without service, as workers continue their strike for better pay, benefits and working conditions.