The Loudoun Board of Supervisors will likely say “no thanks” Tuesday to an unsolicited bid from developer Comstock Partners for the construction of two parking facilities around the upcoming Metro stop at Route 772.
If the nine supervisors follow county staff’s recommendation during their business meeting, they’ll reject the proposal because it fails to meet the criteria under the Public-Private Education Facilities and Infrastructure Act of 2002 (PPEA), the standard under which Comstock submitted the bid.
A privately held real estate development firm specializing in urban, mixed-use and transit-oriented developments, Comstock is the primary developer around the Route 772 station. Representatives from the firm were among the most visible advocates of extending Metro’s Silver Line to the Dulles airport and into Loudoun County.
On July 19, just 16 days after the Board of Supervisors narrowly gave final approval to Metro into Loudoun County, Comstock submitted an unsolicited conceptual proposal to the county under the PPEA to develop the Loudoun Station facilities. Included in the proposal is the design, financing, construction and operation of approximately 3,000 parking spaces and related facilities to support development around the Route 772 station, also known as Loudoun Station.
Comstock’s proposal includes the development of two parking-related facilities to “support the parking and transit needs at the Route 772 Station.” One structure, incorporated into the Loudoun Station development, would be located directly north of the station, while a second would be located south of the Dulles Greenway on property proffered by the Moorefield Station Development. Comstock also proposes to construct a bridge over the Greenway, and complete the immediate road network to connect the Metro facilities to existing roadways in the vicinity, according to the proposal.
Loudoun County staff note in their report that while parking structures are not included in the PPEA guidelines, they do meet the criteria under the Public Private Transportation Act of 1995 (PPTA). The PPTA is the partnership method used for procuring transportation facilities, according to the report.
“The Comstock Partners proposal should have been submitted under the PPTA guidelines,” staff notes.
County staff highlighted that their recommendation to solicit other proposals is not a reflection upon a potential relationship with Comstock.
A spokesperson for Comstock said Monday the company was not commenting on the specific Loudoun Station parking proposal because the firm has a number of projects before the Loudoun County board.
In July, the real estate developer announced Starplex Cinemas would locate at Loudoun Station as a so-called “anchor entertainment tenant.”
|The Loudoun Times-Mirror
is an interactive, digital replica
of the printed newspaper.Open the e-edition now.