New Beginnings For Old Town North’s Coal Plant

Last week, we had the opportunity for a site visit to the decommissioned Potomac River Generating Station. To locals, we just know this site as “the coal plant” that sits along the banks of Old Town North. To future residents, this site will be a destination, home, and arts center for Alexandria along the Potomac River.

Hilco Redevelopment Partners (HRD) plans to develop this approximately 20-acre site into a new sustainable community for Alexandrians and visitors. As one of Alexandria’s largest industrial sites in the city, the decommissioned station is long overdue for development after officially shutting down in 2012. Hilco Redevelopment Partners focus on maximizing value from obsolete industrial real estate sites and intermediate communities for growth and sustainability. Hilco plans to work closely with the city and community to create a thoroughly planned, mixed-use development that will take what is now a shadow on the city to one that will be a source of pride.

If you didn’t get a chance to make it to one of their site tours that invited the Alexandria community to learn more, below is a link to the tour boards outlining the project benefits, development, and focus for each goal. Ultimately, the project focuses on integrating the site into Old Town North, connecting people with the waterfront, and providing a meaningful and varied open space.

The site plans to benefit the community through environmental remediation, add economic benefit with 1,100 construction jobs and 2,000 permanent jobs, offer affordable housing and subsidized arts uses, add fourteen acres of new or improved open space, bring 25 percent energy savings and three percent on-site renewables, and offer transportation through pedestrian and bike-friendly connections.

The site will add to Old Town North’s growing community, bringing new opportunities for businesses, arts, and residential use spanning six blocks along the waterline. We learned the term “woonerf,” a Dutch urban planning concept that means “street living,” that the project architects are eager to implement. The woonerf will share space with pedestrians and traffic to create a low-speed, pedestrian-priority street. There will also be special attention to open space, planning around the Mount Vernon Trail, City Bike Trail, and planned plazas to welcome park space. Additionally, street art opportunities, community programming spaces, and areas for arts and innovation are important to the project to fit in with the goals of Old Town North as a growing arts district. 

As Alexandria residents who have known this site as an obsolete coal plant, we’re excited to see that it may turn into something that will add value to our city. Rome wasn’t built in a day, and neither will this site, but we will keep our eyes on this project, eagerly awaiting it to become a new destination for a visit here in Old Town!

Phyllis Patterson

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Senior Vice President | The Patterson Group

Phyllis Patterson has been selling real estate in Alexandria for 35 years, specializing in waterfront and historic properties in Old Town, Mount Vernon, and along the George Washington Parkway, and now leads one of the top-selling real estate teams in Alexandria with her daughter and fellow Stylebook writer, Britt. Named the #113 top agent in the country in 2017 by REAL Trends and the Wall Street Journal, Phyllis is devoted to all things Alexandria and supports many local charities and organizations, from George Washington’s Mount Vernon to the Potomac Riverkeeper Network. In her (rare) free time, Phyllis enjoys spending time on the water with her husband, two daughters, two sons, and beloved lab, George.

The Patterson Group is one of the most experienced and trusted real estate teams in the area, serving Alexandria, VA for over thirty years. We offer professional, hardworking, detailed and friendly service and a large network of contacts and resources accrued over our many years in Alexandria real estate. Comprised of seven Alexandria locals, six of whom are licensed realtors and three of whom are accredited staging professionals, The Patterson Group is passionate and knowledgeable about Alexandria, VA and here for all of your Northern VA real estate needs. Allow us to help you find your home here and discover all that the Alexandria lifestyle has to offer.

phyllispatterson.com

400 South Washington Street

Alexandria, VA 22314

703.310.6201


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