|A rendering of the e-Lofts building at the corner of Columbia Pike and Carlin Springs Road. [Novus Residences]|
The e-Loft project, proposed by Novus Property Holdings LLC, goes to the Board of Supervisors for a public hearing Dec. 6.
|5600 Columbia Pike in February 2014.|
Novus estimate about a half of the units would be residential and half would be used for offices, but the mix could change down the road depending on market conditions.
The company recently completed another, larger e-Loft project in Alexandria near Route 7 and Beauregard Street. The first tenant moved in Nov. 16.
The Bailey’s Crossroads project would include an improved streetscape along Columbia Pike, including a wider sidewalk, bike lane, and bus shelter. Most of the existing surface parking lot would be converted to a public park with an “eco-walk,” gathering spaces, and bio-retention facilities to manage storm water.
Three of the four access points on Carlin Springs Road would be eliminated. The existing parking deck would be retained. There would be 519 parking spaces, which Adams said is more than enough to accommodate the needs of tenants and employees.
Adams described the project’s benefits:
- As the first project of its type in Fairfax County, e-Lofts “will have a transformative effect on site and will create a gateway presence for Bailey’s Crossroads.”
- It offers a solution for dealing with the use of vacant office buildings. The office vacancy rate is 20 percent in Fairfax County and much higher in Mason District.
- It will “create a vibrant community,” and by attracting entrepreneurs, it will promote economic success.
- The building will generate $475,000 a year in increased tax revenues when fully occupied.
- It supports sustainability by re-using an existing building.
- Small-business owners will save money on rent by being able to live and work in the same place.
The proposal includes $85,000 in proffers for Fairfax County Public Schools. If the building becomes 100 percent residential in the future, the property would have to be rezoned with a new look at additional proffers.