STERLING, VA-A charitable foundation wants to rezone 600 acres next to Dulles Washington International Airport to higher density residential and commercial uses.

The Claude Moore Charitable Foundation will meet with county officials next week (Oct. 10) to discuss the plan. The site is located between Routes 772, 625 and 606 on the west side of the airport, putting it in an area where development has exploded the past few years.

The rezoning would make the land more valuable than it is now, which real estate officials say is about $60,000 an acre. Developers frequently encounter opposition in Loudoun County, but the foundation believes it fits in well with the county’s plan to control growth.

The site lies in the path of a planned rail line and bus transit system, said the foundation’s attorney.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt. Multifamily Fall 2023Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.