Housing prices are soaring and have been over the past decade. Many potential homebuyers are finding themselves priced out of the areas they work and are having to either continue renting or move further out. Fairfax County is looking to combat this through programs to keep housing costs down through specified affordable housing projects. The Fairfax County Redevelopment and Housing Authority and Fairfax County Government have established the goal of creating 10,000 new units of affordable housing by the year 2034 and to preserve the county’s existing stock of affordable housing. We take a look at these developments.

By Lynn Norusis
September 2024

UNDER CONSTRUCTION

One University

• Redevelopment of a 10.8-acre property located adjacent to the campus of George Mason University
• Property will include 120 affordable independent living senior apartments, 120 affordable multifamily apartments, 333 units of student housing, and meeting space for the Fairfax County Redevelopment and Housing Authority
• Estimated completion in 2024

The Lodge at Autumn Willow

• Approximately 11-acre vacant parcel located at the corner of Stringfellow Road and Autumn Willow Drive
• 150 affordable independent living senior housing units
• Construction Completion & Lease-up by December 2024

Somos AT McLean Metro

• New construction mid-rise multi-family rental housing community for lower income households
• Phase A will create 231 new affordable homes walkable to the Metro

DEVELOPMENT PIPELINE

The Exchange at Spring Hill Station

• two 20-story towers: Dominion North (C6) will consist of 265 units and Dominion South (C5) will consist of 251 units and a 33,000 SF Community Center
• 502 parking spaces comprised of 362 dedicated residential spaces, 75 dedicated community center spaces, and 65 flex spaces
• The 65 flex spaces will be shared between the community center and the residential project. The residential project will feature, community rooms, amenity spaces, a two-tier landscaped courtyard, and free Wi-Fi for all residents.

Residences at Government Center II

• Approximately 290-unit affordable housing development (a mix of 1-,2- and 3- bedroom units) located on the existing parking lots G & H at the Government Center Complex
• Will include a 15,000 square feet of daycare and resident serving amenity spaces

Fair Ridge at West Ox

• 34 units of permanent supportive housing for those who are at risk of homelessness
• Cornerstones, Inc. will provide the social services to all residents

For more information on development happening around Northern Virginia, check out our development updates page. We focus on a different area in Northern Virginia each month.

If you have any questions about Northern Virginia real estate, reach out as we are happy to help.