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JBG Purchases Reston's Charter Oak Apartments

Will aging Lake Anne-area complex be next on the list for redevelopment?

JBG Companies has purchased Reston's  Charter Oak apartments.

Charter Oak is a 262-unit complex off of North Shore Road near Lake Anne.

JBG, which also owns the Reston Heights mixed-use development and nearby Fairway Apartments in Reston, says the complex's location near Reston Town Center and Metro's upcoming Silver Line, presents a "terrific opportunity."

A JBG spokeswoman also said that there are "no redevelopment plans at this time."

However, Charter Oak, a garden-apartment complex built in 1970, is smack in the middle of affordable housing developments slated for redevelopment.

Fairway, after several years and many changes to its proposed redesign, was finally approved for redevelopment by the Fairfax County Board of Supervisors in April. The plan will turn the 18 garden-style buildings and 346 1970s-era units into four multifamily buildings and 131 townhouses.

County officials are reviewing a request for proposals from area developers who have an interest in Crescent Apartments.

The county, which purchased Crescent in 2006, opened the RFP in February 2012. Crescent is a 16-acre, 181-unit development also built in the early 1970s.

A developer is expected to be chosen in mid-2013, but redevelopment could be years away.

Also nearby, three buildings at Parc Reston were recently demolished to make way for two 14-story towers at the corner of Reston Parkway and Temporay Road.

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Kathy December 21, 2012 at 02:41 PM
Mr. Farrell, It's my time and my effort and I don't think it's an inefficient use of that time if it is used to alert Restonians to the changes the county intends here while there is still time to do something about it. Phase 2 of the revision of the Reston Master Plan is going to start soon and people who live in Reston need to pay attention now because it's not just my lifetime or yours, Mr. Farrell, but the lifetime of my grandkids who will inherit a very different Reston than they grew up in if the county prevails. Kathy Kaplan
Michael December 27, 2012 at 03:41 PM
Stuart, what parkland has been bought by developers? Certainly not Baron Cameron, Brown's Chapel, South Lakes Drive, or any other RA/FCPA property that I can think of.
Michael December 27, 2012 at 03:42 PM
Maybe not benighted country luddites... but Reston certainly has a large share of people who want it to remain frozen in time, and a strong knee-jerk reaction against any and all growth is evident in many threads on Patch. Obviously there was a little hyperbole in Laura's post!
Michael December 27, 2012 at 03:47 PM
John, I'm not sure and would appreciate a little clarity... when you say the cap on Reston is 85,000, does that include RTC and the corridor between Sunrise Valley and Sunset Hills? These areas are sometimes included in definitions of Reston, and sometimes not. If they are not included in the area capped at 85,000, then a total of over 100,000 would be easy to reach. (As I read it, the total figure is anticipated to be 100,000 - not an increase OF that amount, but an increase TO that amount, which I've heard several times before.)
Michael December 27, 2012 at 03:49 PM
Kathy, In the US, only 48% of all households are husband-wife. 27% of all households are childless singles, and this rises above 40% in many cities. Given the type of development envisioned it's not at all unreasonable to think there will be a low percentage of children in the mix for at least the first few years.

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