The Hoffman Company, which brought the 22-screen movie theatre to the Eisenhower Valley neighborhood, plans to develop three high-rise buildings dotted with affordable housing near the Metro station there.
The 168-page proposal reveals three structures, ranging from 290 to 370 feet tall, that would hold 1.3 million square feet of residential space and 67,000 square feet of retail space, 50,000 of which would comprise a Harris Teeter grocery store.
The plan also includes a significant renovation to the Eisenhower Avenue Metro Station and up to 55 affordable housing units.
The plan goes for approval before the Planning Commission Tuesday.
“I believe they have plans to move right ahead after getting approval,” said Gwen Wright, who heads the city’s development projects.
Wright said the city encouraged the developer to include affordable housing in the plan, which was not originally part of the small area layout, and they obliged. The addition of affordable housing earns Hoffman a “density bonus,” which allows the company to exceed the density that would normally be allowed by the zoning laws.
According to Wright, the city would contribute about $3 million in secured grants from the Federal Transit Administration and the Virginia Department of Transportation.
Hoffman’s goal is to have at least one building complete by December 31, 2013, to make good on a contract with Harris Teeter to house the space.