The owner of a Loudoun County shopping center is proposing to redevelop the property’s obsolete movie theater as residential — or perhaps as a 70,000-square-foot Latin market.
The Regal Countryside multiplex, which sits on 11-plus acres between Route 7 and Tripleseven Road in Sterling, was built in 1996. It was a modern theater at the time, but is now outdated and struggles with nearby competition — so much so that it is essentially relegated to showing only second-run films, according to the statement of justification accompanying the rezoning.
The owner, Sterling Meadow LLC, filed plans in April to redevelop the movie theater property — leaving the larger Countryside shopping center as is — with 165 two-over-two townhomes (12 designated as affordable), each with a garage parking space. Sterling Meadow LLC is an affiliate of Chevy Chase-based Willard Retail, a firm founded by former JBG Retail executives.
Residential is the first option for Regal Countryside’s next life,…Read the full story from the Washington Business Journal.