Mixed-use developments moving forward in city
Free Lance-Star (Fredericksburg, VA), 2014-08-08
Aug. 08 -- Liberty Place might be the new kid on the block when it comes to proposed mixed-use developments downtown, but its plans are just as ambitious as those for Amelia Square , the Mill District , Parkview or One Hanover.
According to project manager Mike Hamann , the project is moving forward fast. With an expected groundbreaking in spring 2015, he and the developers, siblings Tom and Cathy Wack , hope to have the space ready to open in 2016.
Local developers for each of these mixed-use projects met this week with Fredericksburg officials to provide updates.
Hamann told those assembled that the U-shaped building would hold 50 condominiums, 9,000 square feet of retail space and 18,000 square feet of office space. The 1.42-acre parcel for Liberty Place is bounded by Amelia, William, Douglas and Winchester streets.
The plan for the $33 million project also calls for underground parking. Hamann said 196 parking spaces would be provided, 92 of those free to the public to alleviate parking stress on William Street .
The next step for Liberty Place is to increase the current zoning density for the condos.
Chris Hornung , vice president of planning and engineering for the Silver Cos ., also updated officials on the Cowan Crossing and Amelia Square projects.
The first building at Cowan Crossing , a First Citizens Bank , will open within 45 days, he said. Burger King and CVS will follow soon after at the site off U.S. 1 and Cowan Boulevard .
At Amelia Square , he said the first eight town houses are completed and inhabited. Five more are under construction. He said talks with Sedona Taphouse , a proposed 5,000-square-foot restaurant planned at the corner of William and Winchester streets, are moving along.
The Mill District is Ed Whelan's proposed residential and commercial project for 9 acres around the Old Silk Mill along Princess Anne, Caroline and Sophia streets. It also calls for a 400-space underground parking garage.
The sites of the former Ice House on Sophia and former BP gas station on Princess Anne are being purchased for the project.
Parkview, Mike Degen's four-condo building at 425 William St. with a drive-through bank on the first floor, is expected to be delivered in the next year. Realtor Heather Hagerman updated the group on the condos, which will go for $500,000 to $1 million .
Approval for the drive-through bank is still pending from the city.
A site plan for One Hanover at the intersection of Sophia and Hanover streets has been turned in to the city for consideration. Its 18 luxury condos will have between 2,500 and 4,600 square feet of space in each and parking on the first floor.
Lindley Estes : 540/735-1976
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