The first phase of Virginia Tech’s campus and plans for six other buildings in Alexandria’s section of Potomac Yard earned approval from City Council on Saturday morning.
Developers JBG Smith Properties (NYS:JBGS) and Lionstone Investment have reenvisioned the entire district and brought it through the city’s planning process in a little over a year after they earned the university’s $1 billion computer science-focused campus after it exited a nearby site.
The breakneck speed of approval and navigating more than 30 planning meetings was a conscious “commitment” by the city, developers and university to have the graduate school’s first building ready and open for the fall 2024 class, said Cathy Puskar, a land-use attorney with Walsh, Colucci, Lubeley & Walsh who represented JBG Smith.
“Despite a pandemic and other interruptions, everyone has held to that schedule,” she said. “It has really been a herculean effort and we are really excited to be here today”
The campus was brought into…Read the full story from the Washington Business Journal.