July 13 - July 19, 2023 Founded 1991 • V o l . X X X III N o . 22
Summer Real Estate Guide Pages 7-16
Falls Church, Virginia • w w w . fc n p . c o m • Free
The City of Falls Church’s Independent, Locally-Owned Newspaper of Record, Serving N. Virginia
F.C. ‘Ideally A TOUR OF THE GROUNDS Situated’ to Benefit from New Trends Development Consultant is Bullish on F.C.’s Future by Nicholas F. Benton
Falls Church News-Press
The City of Falls Church’s positioning in terms of current commercial marketing trends couldn’t be more ideal from a number of standpoints, a seasoned regional professional expert outlined to this Tuesday’s meeting of the F.C. Economic Development Authority. Lisa Benjamin, for 34 years a senior managing director at Newmark, being a D.C. area representative of the major New York based real estate advisory and services firm under contract with the City of F.C.’s Economic Development Office, spelled out her best take on current trends in the post-Covid commercial markets and her analysis could not have fit better the way the City of F.C. sees itself going forward. Present at the meeting, held at the downtown F.C. offices of Viget, a digital tech solutions firm, to hear Benjamin’s analysis were members of the F.C. City Council (Vice Mayor Letty Hardi and, remotely, Council member Phil Duncan), City Manager Wyatt Shields, City Senior Planner Jim Snyder, and members of the EDA chaired by local developer Bob Young. Benjamin’s thought provoking presentation and the
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ON THE GROUNDS of the proposed large-scale mixed use development plan by Quinn Enterprises and Homestrech in the 300 block of S. Maple in F.C., a walking tour was about to commence by three dozen to examine details of the plan which awaits Council approval from such as Councilman Phil Duncan, foreground, who showed up for the event despite being only two months out of radical lung transplant surgery. (Photo: News-Press)
Quinn Plan Proceeds With Beneficial Revisions by Nicholas F. Benton
Falls Church News-Press
In exclusive remarks to the NewsPress this Tuesday. Matthew Quinn, a principal in the Quinn Enterprises, the long-time family-owned auction house in the City of Falls Church, relayed the essence of proposed new changes to its mixed-use development plans on the 1.8 acres on S. Washington St. The changes have come as a result of public comments received in the wake of its initial presentation to the City Council and Planning Commission in April.
The revisions were the subject of a walking tour of the site Monday that drew over three dozen interested parties, including most members of the F.C. City Council, including a heroic appearance by Councilman Phil Duncan, just over two months into his recovery from double lung transplant surgery. The latest revisions, also the subject of a lengthy City Council work session that followed the walking tour at City Hall Monday, in essence make the project, which was generally well received in its first iteration this spring, “more efficient, with a
bigger park and streetscape along Maple Avenue,” as well as “bringing a net of $1.4 million to the City annually, making it perhaps the most fiscally significant project in the City,” Quinn said. A fiscal analysis report by the Cavalry Real Estate Advisors included in the most recent submission projected a net fiscal impact of over $29 million over the next 20 years. For a City with an annual budget just over $100 million, the contribution is more than significant. The proposal is unique in the City, especially relevant given
all the other large scale mixed use developments that have been undertaken the last 20 years and the ones currently under construction. The new application is for what is titled, “The Quinn/Homestretch Senior Living/Human Care” development that seeks an amendment to the City’s Comprehensive Plan for reclassification of one parcel from “Business” to “Mixed Use,” a special exception for including residential use in a mixed-use project, and for increasing the height
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