Project Partner​

McLean Project for the Arts (MPA)​

Funding Summary​:

County Investment: $500,000​
Partner Investment: $6,700,000​
Total Investment: $7,200,000​

County Funding to Date: $500,000​
Direct Revenue Generated: TBD​

Project Goals:​

• MPA acquired the property located at The Signet in downtown McLean (Tax Map: 30-2 ((54)) 2) in September 2024.  
• Capital fundraising campaign is underway. Through March 2025, MPA has raised over $5.5 million of the $6.25 million required.  
• Project design is complete with construction drawings submitted for permitting.  
• The McLean Project for the Arts & Education Center is expected to open in early 2026.

Project Milestones: 

• MPA acquired the property located at The Signet in downtown McLean (Tax Map: 30-2 ((54)) 2) in September 2024.  
• Capital fundraising campaign is underway. Through March 2025, MPA has raised over $5.5 million of the $6.25 million required.  
• Project design is complete with construction drawings submitted for permitting.  
• The McLean Project for the Arts & Education Center is expected to open in early 2026.  

Project Outcomes:​

• Real estate tax revenue has increased, providing greater fiscal support for the local community. The real estate tax assessment of the property has increased by 21% from 2024 to 2025.  
• New commercial and residential developments are now underway in the blocks surrounding the MPA including the MARS headquarters and a new condominium building. Together with the MPA, these will encourage greater economic activity and placemaking opportunities in downtown McLean. 
• Additional information to be provided upon project completion.  

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