Phase I of $90M Mixed-Use Project Begins

FAIRFAX, VA-Construction has started on Phase I of the $90-million Old Town Village Fairfax mixed-use project. Trammell Crow has joined forces with Walnut Street Development and J. Donegan Co. to develop the project on behalf of CH Realty III/Old Town Village LLC. The dual-phase endeavor will ultimately include office, retail and residential elements, as well as a parking facility.

Old Town Village sits in the historic Old Town district of Downtown Fairfax at the intersection of Chain Bridge Rd. and Main St., near I-66. Designed by CMSS Architects in a manner that is consistent with the existing architecture of the area, the property will serve as a new live-work-play destination. Phase I, which carries a price tag of $50 million, will consist of 144,000 sf of class A space in four structures, with 91,000 sf allotted for office space and the remaining 53,000 sf dedicated to ground-level retail. A parking facility to accommodate over 550 vehicles is also under way.