Cascades Marketplace

Multifamily Development Site

Opportunity Overview

Project Overview

Property Address: 21050 Southbank St, Potomac Falls, VA
Approval Status: Fully Entitled; Discretionary Approvals to be compelte Nov. 2023
Project Design Type III-A or Type V-A woodframe construction
Max Density 335 units
Zone PD-TC

Cascades Marketplace is the planned redevelopment and reinvigoration of an existing, aging surface park shopping center with up to 775 residential units and 263,000 GSF of commercial development. The re-imagined center will become a walkable, grocery-anchored, town-center environment with retail lined-streets and a mix residential housing types.

The subject of this offering is Block C, which is understood to be the initial phase of residential development within the project. Block C has received Planning Commission approval for development of up to (435) total units in a mix of up to (100) stacked townhome units and up to (335) multifamily units.

The subject of this offering is the potential (335) unit multifamily component of Block C.

Property Location

Cascades Marketplace is ideally situated just off of Cascades Parkway immediately north of Leesburg Pike (Route 7) just two-miles from Fairfax County and with immediate proximity to the Route 28 employment corridor, One Loudoun, Dulles Airport, and Reston Town Center.

The subject of this offering, Block C, is the residential component of the reimagining and redevelopment of the existing Cascades Marketplace shopping center. Block C is bounded by Cranston St to the north, Southbank St to the west, McClellan Way to the south and Whitfield Pl. to the east.

Brokerage Team

Stephan Varga

Enterprise Realty Services Inc.

301-339-8878 (O)
561-558-4785 (M)

stephan@enterpriserealtyservices.com

Stevan Varga

Enterprise Realty Services Inc.

301-294-0795 (O)
301-461-9738 (M)

entrlty@aol.com

Vittorio Sciolli-Claverie

Enterprise Realty Services

240-423-1440

vittorio@enterpriserealtyservices.com