Combined Properties Receives Fairfax Circle Entitlements
Washington, DC (May 29, 2014) On Tuesday May 27th the City Council for the City of Fairfax, Virginia approved the rezoning application for Combined Properties’ Fairfax Circle Plaza. The project would completely redevelop the current strip retail center and replace it with a mixed use project containing up to 400 new apartments and 88,000 SF of neighborhood-serving retail, anchored by a grocery store.
According to Randy Kenna, Senior Director of Development and Acquisitions for Combined Properties “We are thrilled that the City of Fairfax has given their support to the redevelopment of Fairfax Circle. This project will make a great addition to a wonderful city – attracting a fresh demographic and new retail, to serve a vibrant community.”
The Location
The site is located in the intersection of two major regional roads, Route 50 (Fairfax Boulevard) and Route 29 (Lee Highway), at the gateway between the City of Fairfax and Fairfax County. Just outside the Capital Beltway, it is a short distance from the Vienna Metro station (0.65 miles) with easy access to Route 66, Route 123, I-495 and Tysons Corner.
The Project Team
KTGY (Building Architect); Urban Engineering (Civil Engineer); Land Design (Landscape Architect); Gorove Slade (Traffic Engineer); and Mark Looney of Cooley LLP (Land Use Counsel).
The Developer
Combined Properties, Incorporated has a $1 billion portfolio comprised of 40 properties totaling 5 million square feet and a $1 billion development pipeline in the Washington DC and Southern California metropolitan areas. Since its founding in 1984, by Chairman Ronald S. Haft, Combined Properties has always looked for the true potential of a commercial property. It strives to apply its expertise in development, finance, leasing and asset management to mold projects into innovative retail and residential environments that instill pride in the people that live and shop there.