Broad Support for Merrifield Town Center
A proposal to build a walkable town center for Merrifield, complete with shopping, condominiums and entertainment is enjoying broad support from local residents as well as local leaders, a noteworthy accomplishment in a county where opposition to development has become the expected norm. Read about what makes this project one that most people seem like they can get behind in today's Fairfax Extra.
By Focus on Fairfax |
September 20, 2007; 11:13 AM ET
| Category:
Development, Growth
Previous: Connolly and Baise Square Off in Debate |
Next: Local Teachers Take Zero G Flight
Posted by: pretzelsma | September 20, 2007 10:29 PM
I share your concern. The vacancies in the condos up the street, across from the Dunn Loring Metro, look to be increasing, not decreasing. The folks who stand to gain by proposing a large new redevelopment effort in the face of a housing oversupply, a condo glut, a credit freeze, and decreasing tax revenues are ... the developers. But only if they get a guarantee of dumping the finished units at a profit. I would be more comfortable with the proposal if its sponsors could withstand scrutiny. The time honored pattern: the sponsor is the realtor, shilling for a spouse who's the developer. I grant the hype is good, but the fundamentals make no sense.
Posted by: radcliffi | September 23, 2007 1:05 AM
The comments to this entry are closed.
Any thoughts on home (condo) values in Merrifield? Many bought pre-construction in 2005 and it appears that appriasals may not support contract prices.