By Tom Jackman May 7 at 9:29 PM
As
development ratchets up in Reston around Lake Anne Plaza and Metro’s
new Silver Line, the community’s homeowners association wants to snap up
and preserve several lakeside acres before a developer buys the
property.
But the purchase price is
causing some Restonians heartburn and suspicion as the homeowners
association is ready to pay $2.65 million for a property assessed by
Fairfax County at $1.25 million. Concerned that the value of the land
continues to decline, opponents of the sale have set up an
anti-purchase Web site and created
a satirical attack video, even as the issue has been put to a vote of the planned community’s nearly 18,000 property owners, with
the referendum ending Friday evening.
"Municipalities
are doing everything they can to add and protect their open spaces.
It’s central to a healthy community,” said former Reston Association
board president Ken Knueven, a supporter of the plan. “It’s the number
one reason people move here, for all of the natural open spaces.”
The association obtained
its own appraisal
in February, which assessed the site’s value “as is” at $1.3 million.
But if someone built a restaurant there, the appraisers calculated, that
would add another $1.35 million in value, for a total market value of
$2.65 million. That became the agreed sales price, conditioned on
approval by Reston’s homeowners.
Many of
those homeowners are resisting, fiercely. They say the property is
environmentally protected by being in a Chesapeake Bay watershed, that
the association already owns a chunk of the land through easements
already on the property, that no one wants to build a restaurant there,
and that the price is, well, too high.
“They
say they’re preserving something,” said resident Paul Gayter, “but they
don’t appear to want Restonians to know what that something is.”
Activist
Terry Maynard said the association kept the homeowners in the dark on
the deal until it was already negotiated with Bill Lauer, the property’s
owner and a longtime Reston developer, who died suddenly Tuesday.
Maynard said another building couldn’t be built because of environmental
restrictions, and “there is a price for that property, and it’s about
$1 million.”
Click here for the rest of this story.
No comments:
Post a Comment
Your comments are welcome and encouraged as long as they are relevant, constructive, and decent.