First, they scoffed. Then, they negotiated. Now, the Loudoun Board of Supervisors is on the verge of approving one of the largest mixed-use developments that has ever crossed its pipeline, reports the Washington Business Journal.
The board is scheduled to vote Wednesday on Chantilly Crushed Stone’s application for Waterside, a 5 million-square-foot, 335-acre project proposed for the current site of the Loudoun Quarries, Virginia, located north and south of Route 606 and immediately east of Route 28.
County planning staff is not recommending that the board approve the application, but, for a change of pace, it’s not urging rejection either. While the mixed-use residential town center planned for south of Route 606, fronting the new lake is not consistent with the county’s long-term economic development strategy for the Route 28 corridor, staff notes, “the board has indicated the importance of optimizing land within the Metrorail Tax District.”
On July 9, the full board signaled its support for Waterside, though it sent the application to a committee for final tweaks. Several supervisors noted at the time that when the application was first received in March 2012, they laughed and wrote it off. But intense work, said Chairman Scott York, paid off with “a product that when developed we’ll all be proud of.”
The board’s Transportation and Land Use Committee backed the project on July 17. During that meeting, the two sides agreed on a key piece of any development application – the capital facilities contribution.
Chantilly Crushed Stone has agreed to pay $9.79 million in cash to the county to offset the impact of its project on schools, public safety, roads and other public services. It has also requested $40.4 million in capital facilities credits, to cover costs such as filling a corner of the quarry to pave the way for a Davis Drive extension ($13.72 million), widening Ox Old Road ($2.4 million), extending Pacific Boulevard ($2.25 million), extending Shaw Road ($2.29 million), and dedicating 25 acres for school and fire & rescue sites ($10.5 million).
The 50-year-old Loudoun Quarries will continue to operate for roughly another four years, as it is a major supplier of stone for the Silver Line project. It will take another 10 years for the quarry pit to naturally fill with water. While the vertical construction is still years away, the board’s approval will allow Chantilly Crushed Stone to begin closing up and stabilizing the quarry.