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1 Beau Schweikert Chief Financial Officer Comstock Companies Douglas C. Carter Principal DCS Design, LC.

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Presentation on theme: "1 Beau Schweikert Chief Financial Officer Comstock Companies Douglas C. Carter Principal DCS Design, LC."— Presentation transcript:

1 1 Beau Schweikert Chief Financial Officer Comstock Companies Douglas C. Carter Principal DCS Design, LC.

2 2 Loudoun Station: A Study in Sound Public/Private Cooperation for Balanced Mixed Use and Transit Oriented Development

3 3 Get Your Bearings

4 4 Loudoun Station Fast Facts 43 Acres Between Shellhorn Rd. & Dulles Greenway43 Acres Between Shellhorn Rd. & Dulles Greenway Residential Potential of 1,514 Condos or ApartmentsResidential Potential of 1,514 Condos or Apartments 900K S.F. Class-A Office900K S.F. Class-A Office 400K S.F. Retail400K S.F. Retail Land Development on Schedule/BudgetLand Development on Schedule/Budget First Groundbreaking in 2Q06First Groundbreaking in 2Q06 Dedicated Commuter ParkingDedicated Commuter Parking

5 5 Typical Challenges Encountered By Transit Oriented Development Anticipating Transit Needs in Growing Communities Incorporating Transit Infrastructure with Other Uses Communication Among Public & Private Stakeholders Testing TOD Ordinances That Had Not Been Used

6 6 Typical Challenges Encountered By Mixed-Use Development Striking a Balance Between Commercial & Residential Planning and Zoning to Provide Market Flexibility Ample Parking for All Users, Including Commuters

7 7 State of the Station Infrastructure Work On Schedule & BudgetInfrastructure Work On Schedule & Budget Negotiating Sale of First Residential SiteNegotiating Sale of First Residential Site Design Proposals for Apartment HomesDesign Proposals for Apartment Homes Developing Retail StrategyDeveloping Retail Strategy

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10 10 Thank You.


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