{"id":6333,"date":"2018-05-16T20:44:47","date_gmt":"2018-05-17T00:44:47","guid":{"rendered":"http:\/\/theburn.com\/?p=6333"},"modified":"2018-05-16T20:44:47","modified_gmt":"2018-05-17T00:44:47","slug":"major-developments-avonlea-moves-forward","status":"publish","type":"post","link":"https:\/\/www.theburn.com\/2018\/05\/16\/major-developments-avonlea-moves-forward\/","title":{"rendered":"MAJOR DEVELOPMENTS AS AVONLEA MOVES FORWARD"},"content":{"rendered":"
Could Avonlea<\/strong> be close to signing four new restaurants<\/strong> \u2014 just weeks after we found the first solid signs that the long awaited development<\/strong> is getting underway. Recently, The Burn told you about how it appeared\u00a0that the Avonlea development in South Riding<\/strong> was ready to get started. (See story here.<\/a>) Now, there is\u00a0more evidence<\/strong> that things are really moving<\/strong>\u00a0with this project, including our first clues about possible tenants<\/strong>.<\/p>\n These include a full-service Mexican restaurant<\/strong>, an Asian restaurant<\/strong>, a bakery<\/strong>, a\u00a0Mediterranean restaurant<\/strong> and a fast-casual pizza place<\/strong>. We should stress \u2014 it appears these businesses are “close” to signing leases<\/strong> but the deals may not be locked in yet<\/strong>.<\/p>\n <\/p>\n Stay with us<\/strong> \u2014 we’ll walk you through this.<\/p>\n A few days ago, Peterson Companies, the developer of Avonlea, formally announced<\/strong> they have hired H&R Retail to be the leasing agent for the new shopping, dining and entertainment center<\/strong>. That may sound like inside baseball<\/strong>, but the hiring of leasing and marketing representatives is a\u00a0significant\u00a0step<\/strong>. Plus, in the announcement, Peterson came right out and said that the first phase of construction should begin this year<\/strong>.<\/p>\n \u201cThe Peterson Cos. has selected H&R Retail as the retail brokerage firm responsible for marketing and leasing the retail component of Peterson\u2019s new project, Avonlea, in Loudoun County,\u201d<\/strong> the statement read in part. \u201cAvonlea will be a 30-acre, mixed-use development near the intersection of Route 50 and Loudoun County Parkway. Construction is expected to begin on its first phase, with a theater, 200,000 square feet of retail and 30,000 square feet of office, this year. Phase I also will include outdoor plazas, cafe-style seating, fire pits and a water feature. The project is scheduled to be open by 2020.\u201d<\/strong><\/p>\n