New Development Planned for Leesburg Virginia

By
Real Estate Agent with Loudoun County Living LLC 0225-182056

Lansdowne Development Group Purchases Old Window Factory

Lansdowne Development Group has purchased the old abandoned window factory that has been sitting vacant for more than ten years. The property is located at 110 Catoctin Circle NE and consists of three parcels, the largest of which is approximately 8 acres. The company plans to develop a mixed use community based on the Live and Work concept that has seen much success at the Lansdowne Town Center also located in Leesburg. This new development at the corner of Harrison Street and Catoctin Circle will connect to the down town area of Leesburg and will help transform the towns Crescent District redevelopment zone.

Lansdowne Homes

Developer Plans Mixed Use Development

Developer plans to create a community consistent with the down town historic district development plans and will give a boost to the Leesburg Economy. This site had been previously approved for development by Mitchell and Best who abandoned their plans which included 332 residential units, when the economy turned. The current developer, Lansdowne Development Group plans to reduce the number of residential units by 90-100. Lansdowne Development plans to create a Limited Liability Corporation to handle the development and should have plans submitted to Loudoun County within 30 days.

Approval Still Needed

The Town of Leesburg has made the assistant town manager, Scott Parker the point of contact for the development and hopes to expedite the development. The plan will have to receive administrative approval from planning staff and undergo re-zoning and concept plan that will require approval from the Leesburg Planning Commission and the Town Council. The site does have some environmental issues with the proximity of the Town Branch flood plain located on its west, and the presence of bed rock. Lansdowne Development expects that by reducing the residential density they will be able to avoid most of the environmental issues. The town of Leesburg believes the development will provide a boost for the downtown provide much needed connection between Catoctin Circle and Harrison Street. The property has been an eyesore for a long time and give its location to the downtown the hope is that it will attract new business and residents to Leesburg.

Historic Significance

The site has some historic significance to Leesburg. There are two old quarry's close by that were used to in the construction of the United States Capitol building  Lansdowne Development plans to incorporate the history of the property into the planned development by roads and landmarks after significant town events and people.

Leesburg Homes

Town of Leesburg and Community Support

The project appears to have significant support from the town and local Leesburg residents. Currently the site is an eye sore. The development of the site will fit in nicely with current development in Leesburg down town. It will also be a nice addition and hopefully expand the many Leesburg community and business events like First Friday which continues to grow. Leesburg has become a popular destination for Loudoun County residents and world travelers. It is not uncommon to meet people from all over our area and the world and any of the down town events.

Posted by

Barry Harlowe CDPE SFR REALTOR

www.livingloudouncounty.com

Keller Williams Loudoun County Living

50 Catictin Circle NE #102

Leesburg VA 20176

(703) 831-7653

 

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Topic:
Real Estate Industry
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Virginia Loudoun County Leesburg
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leesburg homes
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