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Archive for ' Real Estate'

What will the future hold for Alexandria’s GenOn site?

What will the future hold for Alexandria’s GenOn site?

The future of a major waterfront parcel is vague, but it could transform the Potomac’s banks in the coming years — once its owners decide what do with it. Pepco owns the land at 1400 N. [...]

Updated: Alexandria City Council approves budget, keeps tax rate flat

Updated: Alexandria City Council approves budget, keeps tax rate flat

Property owners can let out a sigh of relief. The Alexandria City Council adopted an estimated $587.9 million operating budget Monday night — without raising real estate taxes. The unanimous vote came after days of closed-door [...]

Planning commission OK’s controversial Beauregard plan

Planning commission OK’s controversial Beauregard plan

Despite pleas from West End residents, the controversial proposal for redeveloping the Beauregard corridor earned the planning commission’s stamp of approval early Wednesday morning. By a unanimous vote, the planning commission sent the blueprint – with [...]

West End residents rally ahead of planning commission hearing on Beauregard plan

West End residents rally ahead of planning commission hearing on Beauregard plan

Residents and community activists reiterated fears that the Beauregard redevelopment plan will displace thousands of tenants during a Market Square rally Tuesday. The city planning commission takes up the debate tonight. The demonstration — organized by [...]

UPDATED: Unfunded state mandates may force tax hike on Alexandria residents

UPDATED: Unfunded state mandates may force tax hike on Alexandria residents

Elected officials say they prefer to keep real estate and personal property tax rates static, but unfunded state mandates could force a 1-cent hike on taxpayers. Residents currently pay a base rate of 99.8 cents per [...]

New Beauregard plan adds affordable housing units

New Beauregard plan adds affordable housing units

City planners have revised the Beauregard redevelopment plan following community outrage over the probable displacement of thousands of city residents. Major revisions include increasing the number of affordable and workforce housing units from 703 to 800 [...]

VDOT’s potential sale of Hunting Towers and what it means for rapidly vanishing affordable housing

VDOT’s potential sale of Hunting Towers and what it means for rapidly vanishing affordable housing

Residents of Hunting Towers, one of the last bastions of naturally affordable housing in the city, worry they’ll be forced from their homes if the Virginia Department of Transportation sells the riverfront high-rises. The state agency [...]

Home of the Week: Live life along Virginia’s finest river

Home of the Week: Live life along Virginia’s finest river

This remarkable residence overlooks the Potomac River and lies in the highly desirable community of Riverwood. Adjacent to historic Mount Vernon in Alexandria, the property takes in the same gorgeous views George Washington enjoyed from his [...]

Real estate taxes could rise with 1-cent rate hike

Real estate taxes could rise with 1-cent rate hike

The Alexandria City Council authorized a 1-cent hike to the real estate tax rate Tuesday, but officials hope they won’t have to enact it when the budget is passed in May. The possible 1-cent hike gives [...]

A “Disneyland” for historians: Quirky and storied Revolution-era home goes on sale in Old Town

A “Disneyland” for historians: Quirky and storied Revolution-era home goes on sale in Old Town

Joe Reeder has the kind of roof local archaeologists dream about. Actually, he has two, but it’s the one hidden from sight — covered by a slightly younger roof — and accessibly only by a second [...]