Proposal Looks at County Investment to Stimulate and Support Commercial Revitalization
June 23, 2008
- Principles proposed for public investment to support commercial revitalization.
- Principles will guide county’s involvement in public-private ventures, if adopted at July 21 board meeting.
Response to changing development climate.
The Fairfax County Office of Community Revitalization and Reinvestment (OCRR) recently presented 16 proposed principles for public investment to support commercial revitalization to the Fairfax County Board of Supervisors’ Community Revitalization and Reinvestment Committee. This committee is co-chaired by Mount Vernon District Supervisor Gerald Hyland and Lee District Supervisor Jeff McKay. These 16 principles will be discussed at the Board of Supervisors July 21 meeting. If adopted, the principles will guide the county’s involvement in public-private ventures specifically designed to promote revitalization in key areas of the county.
The principles were developed in collaboration with the Community Revitalization and Reinvestment Advisory Group (CRRAG), which was established by the Board of Supervisors in March 2007 to assist in advancing the revitalization and reinvestment opportunities within the county. Its membership includes community, business and county government representatives.
The proposed principles respond to the county’s changing development climate. By 2030, Fairfax County is projected to add 245,000 jobs and 290,000 new residents. The county has initiated planning studies in Annandale, Baileys Crossroads, Lake Anne, Springfield and Tysons Corner and is reviewing changes to the Comprehensive Plan along the Richmond Highway corridor related to the Base Realignment Closure Act (BRAC).The focus is to plan these areas to accommodate future growth by utilizing available land and assisting in the revitalization, redevelopment and reinvestment of older commercial areas and new transit stations.
Redevelopment projects typically present financial and other challenges not experienced in development of previously undeveloped sites. Therefore, to implement critical aspects of Fairfax County’s Comprehensive Plan, the county may be asked to use public funds to provide needed public improvements to stimulate and support private revitalization, redevelopment, and reinvestment. The 16 principles provide a coordinated approach to address the needs and opportunities of this changing landscape.
The proposed principles are available online. Comments can be submitted at that Web page or to the Clerk to the Board of Supervisors; to the Office of Community Revitalization and Reinvestment; or to individual members of the Board of Supervisors.
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