Fresh off acquiring the aging Skyline office park in Baileys Crossroads, a team of developers is sketching out plans to convert three buildings there into residential “live/work” units.
The Wolff Co. and Highland Square Holdings, working in tandem with new Skyline owner Somera Road Inc., wants to transform a trio of largely vacant office buildings at the heart of the office park into a total of 764 residential units. Somera, out of New York, bought the 6.4-acre property on Leesburg Pike for $215 million back in November, pledging to bring residential and retail uses to the 1970s-era office buildings there.
Now, the developers have submitted plans to Fairfax County targeting that switch for buildings at 5201, 5203 and 5205 Leesburg Pike.
Two are set to include 270 “live/work units” each, with a unique zoning designation that will allow tenants to choose to use their unit for office, residential or a combination of the two. Highland Square is currently finishing up work on a…Read the full story from the Washington Business Journal.