Fairfax Circle – New Mixed-Use Project Combines 400 Apartment Homes and 88,000 SF of Grocery-Anchored Retail

MultifamilyBiz.com

June 5, 2014

TYSONS, VA – Award-winning national firm KTGY Group, Inc., Architecture and Planning, is pleased to announce that on Tuesday May 27th, the City Council for the City of Fairfax, Virginia approved the rezoning application submitted by Washington, DC-based developer Combined Properties for Fairfax Circle Plaza. The project would completely redevelop the current strip retail center and replace it with a mixed-use development containing up to 400 new apartments and 88,000 square feet of neighborhood-serving retail, anchored by a grocery store.

According to Randy Kenna, Senior Director of Development and Acquisitions for Combined Properties, “We are thrilled that the City of Fairfax has given their support to the redevelopment of Fairfax Circle.  This project will make a great addition to a wonderful city – attracting a fresh demographic and new retail to serve a vibrant community.”

The 8.9-acre site is located in the intersection of two major regional roads, Route 50 (Fairfax Boulevard) and Route 29 (Lee Highway), at the gateway between the City of Fairfax and Fairfax County. Just outside the Capital Beltway, it is a short distance from the Vienna Metro station (0.65 miles) with easy access to Route 66, Route 123, I-495 and Tysons.

“Fairfax Circle sits on the eastern edge of the Fairfax Boulevard Masterplan and serves as a gateway to the city,” said KTGY’s Senior Designer Ben Kasdan, AIA, LEED AP. “The development itself is divided into city blocks and defines a progression of pedestrian experiences ranging from public plaza spaces and promenades to private residential courtyards. The buildings are tied together with a complementary palette of materials and various public art installations. The design recalls the aesthetic of several beloved historical community markets through its use of materials, window patterns and distinctive signage elements.”

Combined Properties, Incorporated has a $1 billion portfolio comprised of 40 properties totaling 5 million square feet and an additional $1 billion development pipeline in the Washington DC and Southern California metropolitan areas.  Since its founding in 1984 by Chairman Ronald S. Haft, Combined Properties has always looked for the true potential of a commercial property. It strives to apply its expertise in development, finance, leasing and asset management to mold projects into innovative retail and residential environments that instill pride in the people that live and shop there.