On November 16, Kettler and Cypress Equities officially announced their joint venture’s development plans for The Village at Leesburg, a major mixed-use project to be located along Route 7. According to plans, Kettler will handle the residential side of the project, providing 350 condos and building a 300-home adult residential community. Meanwhile, Cypress will develop 464,000 sf of retail, including a Wegmans grocery store and restaurants, and 200,000 sf of office space. Kettler may also oversee construction of additional office space and a hotel. A major selling point with the town and Loudoun County is the developers’ commitment to build a new highway interchange and overpass at the intersection of Route 7 and River Creek Parkway. Construction is expected to start in Spring 2007.
Thursday, November 16, 2006
Plans Announced for The Village at Leesburg Project
On November 16, Kettler and Cypress Equities officially announced their joint venture’s development plans for The Village at Leesburg, a major mixed-use project to be located along Route 7. According to plans, Kettler will handle the residential side of the project, providing 350 condos and building a 300-home adult residential community. Meanwhile, Cypress will develop 464,000 sf of retail, including a Wegmans grocery store and restaurants, and 200,000 sf of office space. Kettler may also oversee construction of additional office space and a hotel. A major selling point with the town and Loudoun County is the developers’ commitment to build a new highway interchange and overpass at the intersection of Route 7 and River Creek Parkway. Construction is expected to start in Spring 2007.
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