Virginia RealEstateRama

The City of Alexandria has mailed bills for the first half 2015 real estate tax and refuse fee to all property owners and/or mortgage companies. The 2015 real estate tax rate is $1.043 per $100 of assessed value.

The Arlington County Board today took another step toward revitalizing Crystal City as a technology hub with the approval of a plan to include two floors of office space as part of the conversion of the former Crystal Plaza 6 into a residential building.

“This valuable property has been owned by the Clark Family for over 75 years. Our owner is no longer residing in the area, and has entrusted us to market and sell this acreage and home at public auction,” according to John Nicholls, president of the company. “Businesses and major highways surround this property, and the future is now.”

An open house scheduled for Tuesday, May 12 to discuss proposed changes to the Coliseum Central Master Plan has been postponed. Residents and interested parties will be notified when the meeting is rescheduled.

U.S. Sens. Mark R. Warner (D-VA), Ron Wyden (D-OR) and Marco Rubio (R-FL) introduced legislation that would provide college-bound students powerful new tools for comparing colleges and universities on measures such as total cost, likelihood of graduating, and potential earnings.

The Virginia Department of Housing and Community Development is pleased to announce that two regions in the state have received awards through the Stronger Economies Together (SET) program. Virginia’s Growth Alliance (VGA) received the Innovation in Regional Development Award and the Northern Neck received an award for the Development of a High Quality Plan. The awards were given in recognition of regions that have effectively implemented an innovation process or strategy to support their region’s economic SET plan.

The Arlington County Board today approved an option agreement to buy a three-parcel, six-acre site on N. Quincy Street, for $30 million, from three limited liability corporations controlled by Bill Buck and his family. The Board also approved a first payment of $1.2 million on the option. The agreement gives the County until November 20, 2017 to exercise its option to buy the property.

Once again, the House Majority has presented an appropriations bill that disinvests in American research and development, innovation and the exploration of clean and renewable energy sources, bakes in sequestration cuts, and continues their unrelenting assault on clean water and clean air protections.

The award recognizes Arlington Mill as “a model of excellence because of the long term, focused collaboration between the community, Arlington County, APAH, and the project team.

According to the latest reports compiled from the residential real estate transactions with the region, portions of the Northern Virginia region experienced increases in median sale price in March. The Northern Virginia market includes the city of Alexandria and Arlington, Fairfax, Loudoun and Prince William counties.