Reston Town Center's Northward Expansion Could Hit Title Roadblock
Want to get a jump-start on upcoming deals? Meet the major D.C. players at one of our upcoming events!
A Fairfax County document from 1974 could prove to be an issue as the development of Reston Town Center North moves along.
The entire parcel is subject to the Reston Deed, which states that 10 acres of the 50-acre project must remain in its natural state, Reston Now reports. Gulf Reston, the developer of Reston back in 1974, sold and conveyed the 50 acres to the Board of Supervisors with restrictions in place to ensure the 10 acres running along Baron Cameron Avenue remained undeveloped.
The Reston Association addressed the matter at a meeting this past August and recognized the restrictive covenant as a potential “title defect” and passed a motion to “work around this restrictive covenant, but only in a manner that preserves and/or enhances open space.”
Reston Town Center North still has a lengthy rezoning and approval process in front of it and is not expected to be completed for a decade. This past fall, Fairfax County and nonprofit healthcare system Inova agreed to a land swap to help move forward with Phase 2 of the development. [RN]