ALEXANDRIA, VA-The Beauregard Corridor here is poised to undergo a major redevelopment and developers participating in the activity want to introduce the plans to the local residents. The companies—JBG Cos., Home Properties, Hekemian & Co., Duke Realty and Southern Towers—are holding an open house on February 11 to unveil the plans, listen to feedback and field any complaints. The so-called Beauregard Corridor Small Area Plan has been in the works in collaboration with the City of Alexandria for the past two and a half years.

“The community has been actively involved in the process as well,” James Nozar, vice president of Development with JBG Cos., tells GlobeSt.com. “We believe we have come up with a plan that is highly inclusive and collaborative.” The Open House will be held at the Shops at Mark Center from 10 a.m. to 2 p.m.

Nozar says the group is hoping for approval of the plan in March or April. The rezoning process would then take the process through the summer months. “Then each project has to go through special use program,” he explains.

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Right now the area is a homogenous mix of garden style apartments and suburban office and retail centers. The plan calls for a mix of single-family homes and new apartment units as well as 400,000 square feet of ground use retail ground. There will be several office buildings as well as four hotels. All together, Nozar says, there will be a net increase of 6.5 million square feet of development over a very long time period—30 years.

The first project to be developed would be the Town Center, where the majority of the retail will be, including a 50,000-square-foot grocery store. There would also be 300 apartment units. Nozar couldn’t discuss development costs or financing. “It is too early in the process for that,” he says.