Virginia Tech announced Monday that Potomac Yard will be the location for the Innovation Campus it plans to build in Alexandria, Virginia, as part of the deal bringing an Amazon headquarters expansion to Arlington.
Alexandria City Council on Tuesday is expected to approve the issuance of up to $249.4 million in Industrial Development Authority bonds to support the land acquisition, construction and furnishing of the IDA office building and conference center planned for 701 E. Glebe Road. The institute acquired that site in April 2016 for $10.1 million, according to Alexandria property records. It has been planning a new headquarters since at least 2012.
Virginia promised Amazon it will spend up to $295 million on transportation projects, plus money given directly to Amazon if the company brings all of the jobs it promised to the Crystal City area.
Amazon’s choice of Northern Virginia for half of its new headquarters will jump-start Crystal City, which is still recovering from Base Realignment and Closure-related office vacancies. And, it’s good business for Crystal City’s dominant commercial real estate owner.
Alexandria City Council unanimously approved raising the budget from $268 million to $320 million. The change was made in part to reflect the rising cost of materials and labor.
The Alexandria City Council will be reviewing updates to the new Potomac Yard Metrorail Station project at its next meeting on April 10 in anticipation of approving a new funding agreement, which would enable WMATA to award a construction contract.
The Alexandria City Council has given the go-ahead for two controversial condominium buildings after approving an amended plan for the development in the Potomac Yard neighborhood.
Discussions about major improvements for South Park at Potomac Yard near Four Mile Run are underway.
WASHINGTON — Alexandria has moved a step closer to building a $268 million dollar Metrorail station at Potomac Yard, the sprawling abandoned rail yard between Route 1 and the George Washington Memorial Parkway. The City Council…
WASHINGTON — Alexandria city officials recommend using “alternative B” to construct the Potomac Yard Metrorail station, according to a staff report issued Friday. The report, along with a Draft Environmental Impact Statement published March 27,…
WASHINGTON — The Potomac Yard Metro Station is quickly moving forward, and the latest step came Thursday as a Metro committee voted in favor of a future public hearing on the project. The full board will…
Alexandria has not reached a conclusion as to where it will recommend putting the Potomac Yard Metro Station, but the numbers suggest there\’s a leader in the clubhouse.
Potomac Yard\’s less appealing neighbor is on the verge of a major makeover. The Oakville Triangle, owned by The Blackstone Group, fronts Jefferson Davis Highway between Potomac Yard and Del Ray, on the west side of Route 1. It is heavily industrial, and built as such, with roughly 446,000 square feet of development across its 560,000 square feet of land area.
The Alexandria City Council Planning Committee approved a new bus service to speed up transit for parts of Northern Virginia.
MRP Realty and The JBG Cos. have started
construction on The
Alric, a 323-unit apartment building at 731 Seaton
Recreating the District in video game form was no small task. Here's how the developers did it.