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OLH – McLean One Loudoun Mixed-Use Development – Virginia - Project Profile

OLH – McLean One Loudoun Mixed-Use Development – Virginia - Project Profile

Synopsis

"OLH – McLean One Loudoun Mixed-Use Development – Virginia - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "OLH – McLean One Loudoun Mixed-Use Development – Virginia - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

One Loudoun Holdings LLC (OLH), a joint venture formed by McLean-based Miller and Smith and Japan’s Sekisui House, is undertaking the construction of a mixed-use project in Virginia, the US.

The project involves the construction of a master-planned community in 144.8ha area that will feature 1,050 residences, 65,217.9m2 of retail space to include fine dining, an upscale shopping center, a luxury hotel with 750 rooms, a movie theater, 278,709m2 of office space, a community center and an amphitheater.

The entire 144.87ha development is categorized to be executed in four different phases or sections with varied features and timelines.

The first phase called as South Village will be developed on 24.28ha of land which includes 168 single-family homes, 146 town-homes, 3,623.21m2 of retail and 11,519.97m2 of office space and related facilities. Camberley Homes and NVHomes were hired by LHC to build all residential units in the South Village of One Loudoun.

The second phase called as North Village will be developed on 16.18ha of land which includes 97 single-family homes, 28 town-homes and 46,451.52m2 of office space and related facilities.

The third phase called Downtown will be developed on 40.46ha of land which includes 446 multi-family homes, 155 townhomes, 61,594.7 retail space, 278,709m2 office space, 750 hotel rooms and related facilities.

The fourth phase of the project includes community and sporting facilities over 2.83ha that includes a 929.03m2 community center featuring a pool, tennis courts, and a community-sized amphitheater.

The proposed master-planned community is designed by Torti Gallas and The Eisen Group in conjunction with Miller and Smith. Starr Capital LLC and Meridian Group have been appointed as the planners for the project.

In November 2011, One Loudoun Holdings has engaged Potomac Development Group as retail development partner, while Cassidy Turley as office development partner across the development.

In July 2012, OLH announced a new partnership to build homes with Camberley Homes and NVHomes for new residences in Downtown.

In July 2012, ground-breaking ceremony was held, marking the commencement of construction work.

In June 2016, OLH seeking Loudoun County for the approval to increase the number of residential units in the town center by 685 and to add a CubeSmart storage facility. If Loudoun County accepts their request, OLH and Miller & Smith will give the County an 7,432m2 indoor recreation center equipped with 12 volleyball courts, six basketball courts, spectator seating and management offices.

Construction work on the residential part of the project is underway and expected to be completed by the fourth quarter of 2017. The entire project is expected to take 10 years to complete.

Scope

The project involves the construction of a master-planned community at the crossroads of Route 7 and the Loudoun County Parkway in Virginia, the US.

The US$1,000 million project includes the following:

1. Construction of a South Village on 24.28ha of land

2. Construction of a North Village on 16.18ha of land

3. Construction of a Downtown on 40.46ha of land

4. Construction of a community and sporting facilities

5. Construction of related facilitiesReasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix

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