GAINESVILLE, VA-Prince William County’s Planning Commission has just given an enthusiastic thumbs up for Village Place at Gainesville and the Virginia Gateway Addition, two proposed multi-million dollar mixed-use developments that would comprise as much as 1.25 million sf of commercial space and 475 residential dwellings. While the projects hit the commission’s desk at the same time, they are not connected and are being developed separately by Joseph and Peg Contrucci and The Peterson Cos., respectively.

Village Place at Gainesville will occupy 64.6 acres, which must be re-zoned from agricultural to mixed-use, and is approved for as much as 650,000 sf of office and commercial space, as well as a maximum 475 mixed residential units ranging from rental apartments to townhouses for purchase. As far as projected costs, officials behind the Village Place proposal say it is too soon to put a price tag on the project. “We have done some cost analysis in connection with evaluating projections but there have been no engineering studies done for ultimate grading and clearing,” Peg Contrucci tells GlobeSt.com,” and that’s where we would begin to determine costs.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.