Month: January 2015

One Loudoun's Role in Loudoun County's Transformation

It’s no secret that Loudoun County has undergone a drastic transformation over the past several decades, during which time the population of the county almost quadrupled. Loudoun County has become a thriving area for businesses and residents alike, but as much positive growth as the county has experienced in recent years, it still faces pressure to evolve to stay strong and prosperous. According to a recent article by Bisnow (a popular website and e-newsletter covering local commercial real estate business news), the answer is mixed-use communities – like One Loudoun.

Looking to the future of Loudoun County, the focus has to shift to attracting millennials, the article states. And the key in attracting millennials to the area is making Loudoun County a “top live, work, play destination” by creating urban mixed-use communities with “denser residential to support a rich amenity infrastructure,” according to the article. One Loudoun is one such mixed-use community, and we’re proud to be a part of what makes Loudoun County great and what will keep it as a prime destination for residents of all ages in years to come.

According to the article, the key in Loudoun County’s future success is making the area self-contained, meaning that residents don’t have to go anywhere else for all of their needs. With all of our living, dining, shopping and entertainment options, One Loudoun redefines the idea of a self-contained community.

But attracting millennials to the area isn’t the whole picture. As the Bisnow article points out, Loudoun County has also become an excellent place to live for families, with beautiful homes and top-rated schools. And all for residents of all ages, access to D.C. from Loudoun County has never been easier with the addition of the Metro’s Silver Line.

The Bisnow articles calls One Loudoun an “icon-in-the-making,” and we’d have to agree! The following are the aspects that make One Loudoun the gem of Loudoun County mixed-use communities:

· Planned 1,040 units of residential. There are currently 400 residential units that have been built and sold in One Loudoun, and we’re looking forward to many more. We only have about 40 single-family homes left, and after they’re gone, we’ll only be offering townhomes and condominiums in One Loudoun – stay tuned for more information!

· Planned three million square feet of office space. 130,000 square feet has already been built in One Loudoun, and we’re looking forward to even more in the future!

· Planned 700,000 square feet of retail. 300,000 square feet of excellent retail space has been built for our residents, with a possible 400,000 more square feet coming in the future. One thing’s for sure – our residents don’t have to leave One Loudoun to experience a wide variety of exceptional dining choices! Nando’s Peri-Peri, Bryan Voltaggio’s Family Meal, Uncle Julio’s, Okada Japanese Restaurant and Sushi Bar, Elevation Burger – these are just a few of the One Loudoun restaurants that are currently open and opening soon! Check out our site for more information on the incredible retail in One Loudoun.

Here at One Loudoun, we are excited for the future of our community and the overall area, and we can’t wait to see our community expand to continue to be the premier living, working, and entertaining spot in all of Loudoun County!

SOURCE: Bisnow, Loudoun.gov

The Northern Virginia Lifestyle

As more and more of Washington DC’s young professionals look to establish residence outside the city, their focus is turning towards new home communities that can offer them an all-inclusive lifestyle.  Garnering major attention is One Loudoun, Loudoun County’s new downtown.

With a population of 347,969, Loudoun County is Virginia’s 3rd largest county. Just 25 miles outside of the Capital, it is a combination of vibrant eastern suburbs and rural western countryside  . It’s home to over 40 wineries and tasting rooms, with views of the Blue Ridge Mountains visible on the horizon.

Loudoun County homes, and Ashburn, VA homes in particular, are becoming a hot commodity in the region’s real estate market.  Loudoun County is one of the most affluent counties in the nation, making it no surprise that successful individuals and their families are seeking new homes in this region.   Just recently, home sales and prices in Northern Virginia saw an uptick, leaving many real estate professionals and industry experts optimistic for 2015. It was also reported that there was an increase in active listings, giving buyers the ultimate selection.

Just take a look at the growth of One Loudoun!  With newly built and beautifully designed single-family homes alongside everyday conveniences, our community continues to grow in popularity.

One Loudoun also brings qualities like green space, miles of paved walkways, retail and office spaces, and a growing list of restaurants and entertainment venues. Living in a community like ours promotes a healthier lifestyle by providing easy walking access to the things we need everyday.  And in today’s households, living healthier lifestyles continues to be a goal.

The active Northern Virginia lifestyle at One Loudoun is one of prosperity and convenience. Beautiful, expertly designed homes in new mixed-use developments like ours only highlight the best aspects of this region!

Source: Washington Business Journal

New Year Sees Drop In Mortgage Rates

The new year is already ushering in good news for potential homebuyers looking to purchase a new home in the Ashburn, VA area.

According to an online article recently published from the Washington Business Journal, those looking to buy new homes for sale in 2015 will get to enjoy a drop in mortgage rates. Jeff Clabaugh, Broadcast/Web Reporter for the Washington Business Journal, reports that an average 30-year mortgage rate is currently the lowest it has been since May 2013: 

The average rate on a 30-year fixed-rate mortgage for borrowers with excellent credit fell to just 3.73 percent in the week ending Jan. 8, down from 3.87 percent last week,” writes Clabaugh, “A year ago, 30-year rates averaged 4.51 percent.” 

A one-year adjustable-rate mortgage, as well as a 15-year fix, also fell this week to 2.39 percent and 3.05 percent, respectively. The article additionally stated that some Fed watchers are not expecting to see rates increase until late this year.

For homebuyers, the decrease in mortgage rates presents the perfect opportunity to buy that dream home they have been searching for! And, one doesn’t have to look for long. One Loudoun offers beautiful and luxurious single family homes for sale by both Miller & Smith and Camberley Homes, as well as providing a walkable, mixed-use community with amenities that are unlike anything seen so far in the DC metro area. So what is there to wait for? Discover your new dream home, here at One Loudoun!

Source: Washington Business Journal

One Loudoun Welcomes The Fitness Equation

Brand new 40,515 square-foot fitness center set to open January 2016

Ashburn, Virginia, January 7, 2015One Loudoun is proud to welcome The Fitness Equation, a new 40,514 square-foot fitness center and full-service day spa, set to open January 2016. 

The Ashburn location is the first in the Washington D.C. market, and will occupy two floors of retail space at the corner of Russell Branch Parkway and Exchange Street in One Loudoun. 

“The Fitness Equation is another great example of how One Loudoun is continuing to bring unique and first-of-its-kind facilities and services to Loudoun County,” said Bill May, Vice President of Miller & Smith and Managing Director of One Loudoun. “We look forward to offering a space to focus on health and exercise as we deliver on our promise to provide a community that incorporates the live-work-play elements in one location.”

The newest One Loudoun addition offers exercise space designed to help members achieve their fitness goals and improve their overall quality of life. Facilities will include space for the following: strength conditioning, cardio vascular conditioning, indoor basketball, rock climbing, aerobics, yoga, spinning, group and personal training, speed and performance training, a kid’s gym with gymnastics and movement development, a computer learning space, and luxurious dressing rooms complete with dry saunas. Furthermore, members can also take advantage of a full-service day spa. 

Founding partners Chuck Wilson and Ahmad Kangarloo, opened the first in a series of clubs in Fredericksburg, Virginia in 1990 and subsequently designed and opened two additional clubs in Reston and Dale City, Virginia. The Fitness Equation was sold to Sport and Health in 1998, resulting in a 15-year non-compete in the Washington D.C. market. With the opening of the One Loudoun location, The Fitness Equation returns to the fitness market with continued commitment to the health of its members and quality service with a full staff of dedicated employees and trainers. 

“We’re eager to bring a first class facility to One Loudoun,” said Chuck Wilson, partner at The Fitness Equation. “With more than 40 years of experience in the industry and an emphasis on service, we are dedicated to bringing members the finest amenities at an affordable price.”

Note: Rendering is an artist’s interpretation and is subject to change.

One Loudoun Featured on PlumStreetProperties.com

A wonderful article about One Loudoun was recently posted by Plum Street Properties, discussing the desirable “walkability” factor that the One Loudoun community offers:

“I recently had the privilege of working with a young family interested in One Loudoun, one of Ashburn’s newest urban developments at the crossroads of Route 7 and Loudoun County Parkway. While initial research yielded some impressive data (Popular real estate website Movoto recently ranked Loudoun County the number one county in America), I was more interested in what I frequently seek as “the best bang for the buck.” Here was a beautifully planned community with a healthy range of housing options, attractive dining and retail options and without much compromise to those criteria we hold dear: schools, transportation and convenience. In fact, the entire development prides itself on being walkable – over 100 acres of parks and trails. But that’s not all…”

To continue reading, please click here.