.

Plans to Bring a Harris Teeter to Falls Church Moving Along

EDA agreed to sell 1.3 acres of land over two lots to build a mixed-use development.

Harris Teeter, other retail storefront and apartments may be coming to W. Broad Street, after the Economic Development Authority agreed to terms to sell two lots in the City of Falls Church for $4.3 million in Tuesday night’s city council meeting.

The lots, located at 255 W. Broad St., total about 1.3 acres and Rushmark Properties LLC plans to build the space for the grocery store, retail space and residences. City council will consider the second reading and final approval of the terms of the sale at its Oct. 22 regular meeting.

"This agreement is a very positive step, and I look forward to engaging with the community and the developer to ensure the best possible project for the city," Mayor Nader Baroukh said at the meeting.

Rushmark Properties is expected to submit a land use application soon for the proposed development. Rick Goff, EDA director, said the application will include architectural plans, fiscal impact analysis, and analysis of impacts on existing city facilities, including transportation and schools.

Goff said the land use approval process includes public hearings, input from the various city boards and commissions and a recommendation by the Planning Commission prior to action by the council.

“We are pleased to have this opportunity with Rushmark Properties," Goff said. "This land sale agreement is an important step toward redeveloping the property with Harris Teeter as a strong retail anchor for the City Center area.”  

Joan Barkes October 10, 2012 at 04:28 PM
Sounds like the folks at Hillwood Square really got ripped off! I believe they have 19 acres and are only getting $38 million.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something