A real estate consultant retained by the City of Falls Church to do an independent evaluation of components of the proposed Founder’s Row 4.3 acre development in the City reported to the F.C. City Council at its work session Monday that the Mill Creek company’s claims about its plans are right on, and that the project could be considered unique.
Eric Smart, managing principal at Bolen Smart Associates, told the Council that the plan for the northeast corner of W. Broad and N. West Streets, noted that the movie theater complex planned for the site “distinguishes it from the others” and that substituting age-restricted (55 and up) housing for a hotel should not diminish the vitality that the site can provide. In the closed session of the Council Monday he was expected to provide info on specific lease terms and conditions, and his evaluations.
The Council will act on a request for a preliminary OK on new terms of the plan Monday, with a referral of them to boards and commissions.