By Jonathan O'Connell
The Metropolitan Washington Airports Authority is studying the feasibility of selling the right to develop over the Dulles Toll Road, a potential source of millions of square feet of new housing and offices near Metro stations planned in the second phase of the rail extension to Dulles International Airport.
In April, the airports authority's board agreed to perform a $150,000 study of the engineering requirements and costs associated with incorporating plans to build mixed-use developments atop the toll road as a revenue generator. E. Lynn Hampton, president and chief executive of the airports authority, said Reston Parkway Station, the furthest east of the second-phase stations, near Reston Town Center, will be examined as a test case.
Hampton cautioned, however, that consideration of the sale or leasing of air rights was in the "very, very early stages." She expects to see the results this fall.
"We don't have any plans, any thought at all, about a project," she said. "What we're trying to do is determine if it's a good thing to do, what does it cost to do this and is that cost recoverable through commercial development."
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