Twin Rite Celebrates Finishing touch of VRE Storage
PRINCE WILLIAM COUNTY, Va., Nov. 16, 2024 /PRNewswire/ — On Saturday, November 16, the Potomac Shores public marked a number of essential milestones, together with of entirety of the VRE Station storage and groundbreaking for the Station Space which is anticipated to spur retail funding within the Market hall of the Potomac Shores The city Middle. Executives from Potomac Shores genius developer Biddle Actual Property Ventures (BREV) and KLNB Business Actual Property Services and products had been joined via individuals of the Prince William Board of County Supervisors (BOCS); Prince William County Area of Financial Building and Tourism; and native public individuals on the rite marking of entirety of the $24 million VRE Station storage and groundbreaking for the unutilized Station Space.
Potomac Shores Station Space: Artist Rendering
The 20,000 square-foot Station Home is designed to component a hanging vaulted arch pass-through for VRE Station get right of entry to, and greater than 15,000 square-feet of retail area over two ranges. The 8,500 square-foot higher degree is deliberate as eating place area, with admirable perspectives of the Potomac River and indoor and outside eating together with greater than 1,300 square-feet of out of doors eating throughout two terraces. The 1st flooring contains greater than 7,000 square-feet of retail area, which will also be configured to deal with as many as 3 other outlets, with alternatives for makes use of similar to espresso store, ice cream parlor, dried cleaners – or alternative makes use of serving teach passengers, guests and native public citizens.
The VRE pass-through results in a paved boardwalk prom overlooking the Potomac River. The boardwalk, that includes a gazebo and viewing benches, is designed to join to the Potomac Shores Path Device, affording greater than 10 miles of continuing strolling trails as soon as finished. Development of the Station Space is anticipated to jump-start extra retail funding within the Market hall of the Potomac Shores The city Middle. The section is anticipated to deal with up to a million square-feet of business area, together with retail, workplace and alternative business makes use of.
The rite celebrating the groundbreaking for the Station Space used to be additionally marked via some other milestone – of entirety of the VRE Storage at Potomac Shores. The unutilized storage contains greater than 350 parking areas throughout 3 below-ground ranges. Parking will accommodate VRE ridership in addition to retail buyers of the Station Space and extra retail within the Market. The Station Home is being built on supremacy of the now finished VRE Storage.
Peter Chavkin, Managing Member, Biddle Actual Property Ventures (BREV), mentioned, “Today marks another step forward towards our dual goals of welcoming VRE service to Potomac Shores and bringing retail investment to the Marketplace within the Potomac Shores Town Center. We’re grateful for the leadership of the Prince William Board of County Supervisors as we continue to advance these projects.”
Dallon Cheney, of KLNB Actual Property Services and products, retail dealer for Potomac Shores, commented, “There are unprecedented retail opportunities at Potomac Shores that represent a flagship opportunity along the I-95/Route 1 corridor. This site offers a built-in customer base of more than 2,300 occupied new homes in a premier development, stunning Potomac River views, superb transportation access, and more. Going vertical with the Station House accelerates these opportunities.”
Deshundra Jefferson, Chair of the Prince William Board of County Supervisors, added, “New commercial investment here at Potomac Shores will spur economic development that benefits all of Prince William County. Our County will continue to bring all resources to bear to move this process forward to completion.”
Andrea Bailey, Manager, Potomac District mentioned, “The completion of the VRE Garage and groundbreaking for the Station House at Potomac Shores brings us closer than ever to our long-held goals of VRE Service and commercial development within this community. I intend to work closely with relevant agencies and with private sector partners to see these goals realized.”
Margaret Franklin, Manager, Woodbridge District, commented, “Improved transportation access and economic development that benefits our county as a whole have been a focus for me ever since I took office. Today’s milestones at Potomac Shores mark a major step forward and I look forward to continued progress.”
The VRE Storage and the Station Space at Potomac Shores had been each designed via Washington D.C. based totally Core Structure. L.F. Jennings, based totally in Falls Church, VA, constructed the VRE Storage and can produce the Station Space, which is anticipated to be whole in This autumn of 2025. It’s expected that the Virginia Passenger Rail Authority (VPRA) will whole the adjoining land acquisition from CSX in 2025, as neatly. After, building of the station platform can start at a presen to be ambitious.
Events desirous about retail alternatives inside the Potomac Shores The city Middle are invited to touch Dallon Cheney of KLNB at [email protected]. Extra details about the Potomac Shores public is to be had at www.potomacshores.com.
About Potomac Shores
Situated simply 30 miles south of Washington D.C, Potomac Shores is a transit-oriented, mixed-use public protecting 1,920 acres and that includes just about two miles of coastline. The website contains 1,000 acres of upheld hardwood woodlands and streams, conventional Virginia Tidewater architectural designs and the section’s best society Jack Nicklaus Signature Golfing Direction, in addition to the 30-acre Ali Krieger Sports activities Advanced. Year construction is about to incorporate a mixed-use the city heart and a unutilized VRE commuter rail station. The public’s genius plan contains two society colleges, a couple of sports activities boxes, 10 miles of trails and over 3,800 apartments. Potomac Shores do business in the 13,000 square-foot Shores Membership, a non-public relax and condition advanced, and has bought greater than 2,400 unutilized houses. For more info, discuss with www.potomacshores.com.
About Biddle Actual Property Ventures (BREV)
Headquartered in Pristine York Town, BREV is concerned about mixed-use, master-planned communities, with confirmed experience in resolving advanced land-use and financing problems. BREV is devoted to making communities of the best possible component that mirror the native historical past, tradition and context in their settings. BREV is understood for its deep capital marketplace relationships in addition to considerate public engagement with all stakeholders all through the earliest levels of a mission – making sure monetary viability and win-win construction results. The corporate is led via a close-knit group of pros who’ve been related to the a success construction of greater than 5,000 unutilized houses all over the Pristine York tri-state boxes and Northern Virginia.
www.biddlerev.com
SOURCE Biddle Actual Property Ventures
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