Loudoun County celebrated its latest road opening on Feb. 22, and local officials are confident this one will have impact far beyond the county line.
Several members of the Board of Supervisors as well as more than two dozen community leaders were on hand for a ribbon cutting celebrating the completion of Innovation Ave. Located near Dulles International Airport along the southeastern border of the County, the new road will link Rt. 28 in Loudoun with Fairfax County and Herndon.
The main property along the new road is The Hub.
Previously known as Dulles World Center, The Hub is an 85-acre, $1 billion mixed use development set to begin construction near the future Innovation Avenue Metrorail station. The Hub is expected to spur major development in the area and attract new residents and businesses.
“This is something for all of us to be proud of,” Supervisor Ron Meyer (R-Broad Run) said at the ribbon cutting. “This will bring so much vivaciousness to this part of the county.”
The Hub paid $23 million in construction costs for the road, and supervisors lauded The Hub for financing the road project and doing so before constructing buildings. They also commended the plan’s designs, saying the aesthetics themselves should help make The Hub successful.
“That’s just about the whole package,” said Board Chair Phyllis Randall (D-At Large), “There is no downside to what we’re doing here today.”
Supervisors and county government officials are also excited for the revenue The Hub will bring. The development is located in both the Rte. 28 tax district and the Metrorail tax district, meaning that along with typical county taxes, the new property will provide additional revenue streams for Loudoun.
This is the latest in a long, recent line of ribbon cuttings for road projects that will facilitate planned growth. The 6.7 million square foot Kincora development helped finance both the Glouster Parkway extension, which opened in the summer 2016 and the more recent extension of Paciffic Blvd.