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 Loudoun CountyLoudoun supervisors approve Kincora Village CenterLoudoun County officials have approved plans for Kincora Village Center, a 424-acre mixed-use community situated at the crossroads of routes 7 and 28. The community will take shape over the next 15 to 20 years. The plan calls for more than 2 million square feet of office space, along with retail space, two hotels, a performing arts center, and 1,400 multifamily-residential units. A previous application for a baseball stadium and mixed-use office and retail space was approved by the board a year ago. The development, which will likely stimulate the county's economy, could be a boon for county homeowners. Property values may go up as new residents are drawn to the conveniences offered by the new community. Read more in The Washington Post.... Posted on Wednesday, July 14, 2010 - 8:01pm
Quality of life helps make N.Va one of the nation's fastest growing areas
"There's a high quality of urban life in this area," said William H. Frey, a demographer for the Brookings Institution. Homeowners benefit from population growth, which grows the economy and promotes a healthy real estate market. Read more in The Washington Post.... Posted on Thursday, June 24, 2010 - 8:48am
Loudoun County's controversial Chesapeake Bay Preservation Ordinance on hold until SeptemberStrong opposition to the proposed adoption of the Chesapeake Bay Preservation Ordinance convinced the Loudoun County Board of Supervisors to delay a decision about adopting the ordinance and continue discussions in September. In the meantime, members of the board will hold community meetings in an effort to gauge public sentiment on the proposed ordinance. The extra time will also allow homeowners to educate themselves and their neighbors about the bill, which would place onerous restrictions on how property owners could use and improve their land. "These regulations are confusing, they are cumbersome to landowners and they will be costly to implement," Ashburn resident Candace Strother said. "And what often happens with government run amok, these regulations may not even do what they purport, which is to keep the water clean."
Scheduled public meetings:
Posted on Friday, June 18, 2010 - 11:24am
Loudoun County citizens loudly object to proposed Chesapeake Bay Preservation OrdinanceMore than 100 residents, including homeowners concerned about government intrusion on their property rights, attended a Loudoun County public meeting about the proposed Chesapeake Bay Preservation Ordinance. While supporters of the ordinance claim it is necessary to protect local waterways and the Bay, opponents point to its heavy restrictions on how homeowners can improve and enjoy their properties. Water quality can be protected without stripping homeowners of their rights, and citizens are smart to speak up, both in public forums and directly to county supervisors. In its current form, this ordinance would be extremely harmful for Loudoun County property values and shouldn't be passed without significant changes.
Posted on Wednesday, June 16, 2010 - 1:24pm
Traffic planning a hot topic in Loudoun CountyDebate over Loudoun's Countywide Transportation Plan (CTP) is already heated, and the issues surrounding it are far from settled. County supervisors disagree on the placement and size of potential roads, whether public transportation options should figure into the plan, and whether the model being used to predict future needs is dependable. Homeowners can be greatly affected by the plan, especially if their properties are near planned roadways. Read more in Leesburg Today.... Posted on Wednesday, May 19, 2010 - 8:11pm
Loudoun County officials unsure of proposed Kincora VillageLoudoun County officials are questioning the wisdom of placing a large development in an area that already has two other similar developments. If approved, Kincora Village would be built at routes 7 and 28. The proposed development would feature offices, retail space, and residential units as well as a $30 million baseball stadium. Well-planned development can have a positive effect on local home prices, as properties near the new development become more attractive. The proposal for Kincora Village will be further evaluated, and action on it could come this summer. Read more in The Washington Post.... Posted on Wednesday, May 19, 2010 - 7:55pm
Loudoun County's Chesapeake Bay Preservation Ordinance to be the subject of hearing next week
The ordinance would designate segments of the county either as a Resource Protection Area (RPA), (land that is within 100 feet of a stream, pond or other body of water), or as a Resource Management Area (RMA), (land that is outside an RPA but if developed could have an adverse effect on nearby waterways). Homeowners in designated RPAs would likely find some of the ordinance's provisions onerous, as any activity that disturbs land near a stream could be affected. A public hearing on the issue scheduled for Monday, May 24th, 6:30 p.m. at the County Government Center in Leesburg. For more information:
Posted on Tuesday, May 18, 2010 - 4:52pm
Washington, D.C.-area housing market perking upThe number of Washington-area homes for sale last month was down 25% from April 2008, according to the most recent data from the local Multiple Listing Service. The supply has fallen in nearly all of the region's counties and cities since that time. It was down about 30% in Fairfax and Loudoun counties; and 55% in Prince William County, including Manassas and Manassas Park. Experts say that the drop in the number of houses for sale will benefit homeowners by bring supply back in line with demand, stabilizing prices. Read more in The Washington Post.... Posted on Monday, May 17, 2010 - 8:38pm
Second Loudoun hospital will create 500 jobsThe Loudoun County Board of Supervisors has approved the construction of a 164-bed hospital along Route 50. The facility will open in late 2015, according to HCA. The hospital will employ 500 health care workers and pay about $3 million in annual taxes. The addition of a major employer, such as a hospital, can raise property values as homes near the employer become more desirable. Also, workers with stable jobs are more able to afford mortgage payments, allowing them to stay in their current homes or buy new ones. Read more in Leesburg Today.... Posted on Friday, May 14, 2010 - 10:37am
Report details needed upgrades to Virginia's highway traffic capacityThe American Association of State Highway and Transportation Officials has issued a report detailing what it feels are Virginia's highest road construction priorities. Establishing tolls in Northern Virginia for drivers to use high occupancy lanes on Interstates 95/395 is at the top of the list. The lanes are needed to help ease congestion in regular traffic during peak traffic hours. Second on the list of priorities: expanding the Midtown Tunnel, which connects southwest Norfolk and the northern tip of Portsmouth. It's the most heavily traveled two-land highway in Virginia. The project is in line to happen soon, according to state officials. Construction and maintenance of the improvements would be a combined public/private enterprise, and would be funded by tolls, estimated at $2 to $3 for cars and $6 to $9 for trucks. Read more in The Virginian-Pilot.... Posted on Tuesday, April 27, 2010 - 4:42pm
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