Fairfax Board To Hear Tysons, Transportation Issues
The board could vote on Capital One's HQ expansion Tuesday.
The Fairfax County Board of Supervisors is expected to deliberate Tuesday over the expansion of Capital One's corporate headquarters in Tysons Corner, a plan forwarded by the Planning Commission last week.
The company has 26 acres in Tysons and has proposed a massive redevelopment of the area, including 3.1 million square feet of office space, 100,000 square feet of restaurants and retail, a hotel and four residential apartment buildings.
According to the Washington Post, construction could begin in 2013 if approved. The company has also agreed to construct a community center with an indoor basketball court.
During Tuesday's meeting, county executive Ed Long will put his stamp of approval on the project to widen Route 1 near Fort Belvoir.
Long will authorize the project two weeks after the Board approved the revised bypass option during its Sept. 13 meeting. The agreement with the Federal Highway Administration (FHWA) and the Virginia Department of Transportation (VDOT) will widen Route 1 between Telegraph Road and Belvoir Road in Alexandria. It will also realign the existing road between Belvoir Road and Mount Vernon Memorial Highway.
County supervisors have been unanimous in their support of the project, whose approval coincided with the National Trust for Historic Preservation’s announcement that it will not renew the lease of Woodlawn Stables, a nearby equestrian facility, in 2016. Supporters of the facility have objected to the road widening, an act they fear will diminish the stables.
The board is also scheduled to authorize the county’s transportation department to apply for $10 million from the VDOT FY2014 Revenue Sharing Program.
In the program, the commonwealth would match funding the County has already designated towards the project. If the application were approved, $10 million would be available to the county for other transportation needs, according to the agenda for this week’s meeting.