AGENDA DATE: 2/2/2022
TITLE:
Title
Premier Circle Project Update
BODY
SUBJECT/PROPOSAL/REQUEST: Receive the update on the Premier Circle project.
ITEM TYPE: Consent Information Item
STAFF CONTACT(S): Richardson, Walker, Dimock, Pethia
PRESENTER (S): Stacy Pethia
LEGAL REVIEW: Not Required
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: On February 17, 2021 the Board of Supervisors approved a rezoning of the Red Carpet Inn site (Tax Map Parcel 61M-6) to allow the construction of up to 140 affordable dwelling units, approximately 40,000 square feet of non-residential space, and up to 16,335 square feet of amenity and green space areas. The attached report provides an update on project activities through December 2021.
STRATEGIC PLAN: Thriving Development Areas - Attract quality employment, commercial, and high density residential uses into development areas by providing services and infrastructure that encourage redevelopment and private investment while protecting the quality of neighborhoods.
DISCUSSION: The project is the result of a collaboration between three local nonprofit housing and homeless services providers: Piedmont Housing Alliance (PHA), the Thomas Jefferson Area Coalition for the Homeless (TJACH), and Virginia Supportive Housing (VSH). The attached report provides an update on the activities either undertaken, or planned for future action, by each organization. The report also includes estimated timelines for each portion of the project.
BUDGET IMPACT: Virginia Supportive Housing has applied for American Rescue Plan Act State & Local Fiscal Recovery Funds (ARPA SLFRF) to help fill a gap in project funding. Any impact to the County budget will depend on the Board approving ARPA SLFRF funding for the project, and the amount of funding awarded.
RECOMMENDATION:
Recommendation
Staff recommends the Board receive this report for information.
ATTACHMENTS:
A - Project update