Soave Enterprises Pitches 3,700-Unit Mixed-Use Development On 158-Acre Silver Line Site
Detroit-based Soave Enterprises is moving forward with plans for an ambitious mixed-use development on a 158-acre site along the Silver Line's upcoming second phase in Loudoun County.
The developer, in an Oct. 24 public hearing before the Loudoun County Planning Commission, proposed building 3,706 housing units, 620K SF of office, 240K SF of retail and an elementary school on a nine-acre plot, the Loudoun Times-Mirror reports.
Silver District West, as Soave has dubbed the development, would be built along the Dulles Greenway in Ashburn where it intersects with the Loudoun County Parkway. It would sit between the future Loudoun Gateway and Ashburn Metro stations, the western terminus of the Silver Line when it is completed in 2020.
Akridge had previously owned a piece of the site and had planned to partner on the development, but sold its ownership stake to Soave last year. Soave, operating as affiliate SA Associates South for this project, also built Northern Virginia's Brambleton Town Center mixed-use community, which consists of more than 8,000 homes.
A separate, 280-acre site near the Loudoun Gateway station sold last month to Kansas-based data center developer QTS Realty Trust last month for $80M. The site had once been envisioned as the 14M SF International City mixed-use development, but will now likely become a massive data center campus.
Next to the Ashburn station, Comstock Partners is working on Phase 2 of its Loudoun Station mixed-use development. The full project is entitled for 900 units, which Comstock hopes to increase, plus 500K SF of office and 200K SF of retail.
