Two of the largest mixed-use projects in the D.C. region are moving forward in Alexandria, spurred on by major institutions that have committed to anchor the developments with billion-dollar campuses.
The 20-acre Potomac Yard redevelopment, anchored by the Virginia Tech Innovation Campus, and the 52-acre Landmark Mall redevelopment, anchored by an Inova Health System hospital, have both taken key steps forward over the past six months. The two development teams said they see these anchors as catalysts to move the projects forward and help differentiate them in the market.
In January, JBG Smith began demolition and infrastructure work on the Potomac Yard project, planned to include 2M SF of mixed-use development, and Virginia Tech is expected to begin construction this fall on the first building of its $1B campus.
Click here to read the rest of the article written by Jon Banister over at Bisnow
