The development for Landmark area that stretches to Cameron Station will be centered around Landmark Mall (Graphic 1). The area of redevelopment will include properties owned by Hecht's and Sears. There is a pending permit proposal on the table to redevelop the tired-looking shopping mall into a vibrant mixed-use development town center that includes retails, hotel and residentials. The planned Landmark town center will be built on 51-acre of lot.
The concept is very similar to Pentagon Row in Arlington, where you find retails on the ground floor and residentials on the upper level. There will be a total of 1650 residential units a combination or rentals, condominiums and townhomes (Graphic 2). The size of its retail space will be huge!
Across the street from Landmark mall, Diamond Lincolnia plans for 132 condominium project. To the rear of Cameron Station, two of the nation's largest developers working to build 97 townhomes and 148 condominiums. The estimate delivery of these projects will be around 2007.
If you go around Van Dorn Street, EOS-21, converted about 500 units for condominiums and retain the rest of the units as rentals. The condominiums prices start in the $100's and up range. They will have a new competition targeting the same market segment in the low-$200's within a few blocks from there. The Strand is another condo conversion community, which is located next door of Tuscany Condominium. Tuscany Condominium, a 104 condominium Mediterranean inspired, estimate delivery in the 2008.
There's no urban living style is complete without either one of the two groceries that have become symbol of hip urban living: WholeFoods and Harris Teeter. WholeFoods just opened up their new store in Duke Street on the ground floor of Royalton condominium building. Harris Teeter will have a new place for their new store on 4600 Duke Street aka The Shops at Fox Chase, currently being redevelop.
NEXT WEEK: We'll cover the last of the series on new development in Alexandria.
Graphics: Alexandria Econ Development.