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A new mixed-use project planned near a future Virginia Railway Express (VRE) station in Spotsylvania County has been delayed as the county’s Planning Commission held off a decision on a rezoning application. The planned project, known as Crossroads Station, would be a 46-acre development next to the existing Crossroads Business Park and would include both apartments and retail space. Developers are planning for up to 610 apartments and 950,000 square feet of commercial space. They believe the location near the VRE station makes the development especially attractive to potential tenants. Adding a wrinkle, this project represents the first rezoning application to request the new mixed-use category, which was added last year in the county. Although mixed-use projects are becoming increasingly popular around the state, local planning officials in Spotsylvania County have concerns about Crossroads Station.
Local Fredericksburg-based developers are calling on the city to allow them to build more dense projects in the central business district. The hope is to spur more economic development from restaurants and other retailers who have traditionally set up shop in the suburban areas. Several projects are already under way downtown including the Amelia Square townhome project and One Hanover, which is an 18-unit condo building. The new projects are geared towards individuals who are interested in living and working in a more urban setting.
Downtown Fredericksburg’s revival continues with the area set to get a new condo development along its riverfront as two local developers announced the project this week. Tommy Mitchell and Mike Adams will work together to develop and build One Hanover, which will feature impressive views of the Rappahannock River. The project will be located in the downtown area across from Riverfront Park. One Hanover will be a 64,000-square-feet building with 18 condo units, resident parking, and 3,000-square-feet for ground floor retail.
The Celebrate Virginia North development is looking to add new projects and the Stafford County Board of Supervisors will take up the issue next month. Silver Cos., the developer of Celebrate Virginia North, is seeking a variety of rezoning approvals that would permit its plans to move forward. The developer hopes these new additions will kick start the massive development again.
We have reported extensively on the increase of new projects and deals along the I-95 in Virginia as more developers see the potential of the highly used corridor. Two companies are looking to take advantage of all that traffic to build world-class entertainment venues. First, the owners of Old Dominion Speedway announced last October that they were seeking to move their operations to Spotsylvania County in the hope of reaching new audiences.