Real Estate

Major Herndon Development In Downtown Could Get Finalized Soon: Town Manager

Bill Ashton, newly anointed as Herndon's town manager last month, said he hopes to reach a deal with Comstock Partners this year.

HERNDON, VA — It's only been a month since Herndon Town Manager Bill Ashton officially assumed his new role, but there's no question about what his top priority is for 2017: finalizing a major deal with Comstock Partners to redevelop a portion of downtown.

Ashton, who filled the position vacated by retiring Town Manager Art Anselene back in January before formally taking over July 1, told Patch in a recent phone interview that a comprehensive agreement on the downtown development is the town's top priority, and he hopes to get it done this year.

"That was No. 1 during the interview process, and it's at the forefront of every conversation," Ashton said.

Find out what's happening in Herndonfor free with the latest updates from Patch.

Late last year, Herndon selected Reston-based Comstock to develop the 5-acre site that sits in the historic downtown area along the Washington & Old Dominion Trail. Now, Comstock and the town are in the midst of negotiations to draft a comprehensive agreement, which would then undergo public hearings.

The proposal includes 281 residential units in three buildings, 17,600 square feet of ground-floor retail, an arts center spanning 18,000 square feet, public plazas, and 761 parking spaces, according to a Washington Business Journal report.

Find out what's happening in Herndonfor free with the latest updates from Patch.

Ashton said while there really isn't a timeline on the Comstock development, he is pushing to get the deal done promptly.

"I've had folks that have suggested we're moving at a pretty decent pace on this," he said. "We have to have a commercially viable product, and a politically viable product."

Image via Town of Herndon

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

Support These Local Businesses

+ List My Business