One Loudoun, the on-again, off-again project from McLean-based Miller & Smith and Japan-based Sekisui House recently unveiled new renderings of its planned 358-acre planned community in Loudoun County, Virginia.
The Torti Gallas and the Eisen Group designed-community along Route 7 and the Loudoun County Parkway began building in 2007 until it ran into financial difficulties, including foreclosure in September 2010. It was resurrected by Miller & Smith's vice president Bill May along with help from Sekisui House and now will include 1,040 homes, 700,000 square feet of retail and 3 million square feet of office space.
One Loudoun will also be the future home to the World Trade Center Dulles Airport which is expected to bring 14,000 jobs to the area.
The first phase of One Loudoun, known as Downtown, will open in the spring of 2013 on 100 acres and include 446 multi-family homes, 155 town-homes and 663,000 s.f. of retail space, 3 million square feet of office space and 750 hotel rooms. A 10,000 square foot community center is slated for completion in 2013 as well.
The second phase of One Loudoun, South Village, will incorporate more than 300 single-family homes and town homes, along with 39,000 s.f. of retail and 124,000 s.f. of office space, and is expected to complete in 2014.
North Village, with 97 single family homes, 28 town-homes and 500,000 s.f. of office space, will complete in 2016.
Virginia Real Estate Development News