Monday, June 22, 2020

VANTAGE HILL INFILL PROJECT DRB MTG @ TUE JUN 23

Reston developed Vantage Hill Cluster condominiums in 1967 to provide non-subsidized affordable workforce housing options.  About eight years ago, the Vantage Hill Condominium Unit Owners Association abandoned its dedicated swimming pool common area due to extensive overall deferred maintenance, insufficient reserves funding, high operating costs, and a gradual transition from owner-occupied to rental units.  Vantage Hill currently contains about 35% rental units within 152 units total, while HCA currently has about 12% rentals within 90 total.  VHCUOA 2019 fees ranged from $35-57 monthly, or $420-680 annually, based on shared condo buildings, infrastructure, and common area.  HCA 2019 fees ranged from about $160-240 monthly, or $1920-2880 annually, based on individual townhome units and 2000-24 Block 3 garage project loan $0-80 monthly payments.  VH 2019 condo sales prices ranged from $140,000-250,000 while HC 2019 townhome sales prices ranged from $399,900-$510,000.  An April 2019 Reston Now article provided an early project report.

To build reserves and fund overdue deferred maintenance and improvement projects, a majority of Vantage Hill homeowners recently agreed to sell their unused 2.12 acre swimming pool common area to a local residential developer Craftmark Homes, who proposes to build up to 31 townhomes, and shift 50 parking spaces to other parts of the property, for which the condo association is projected to receive net proceeds of almost $3,500,000.  Vantage Hill and Craftmark will provide an informational presentation to the Full DRB at its 7:00 p.m. monthly virtual meeting tomorrow, and affected parties may voice their concerns, for which RA made the meeting packet publicly available this morning.   Craftmark mailed required meeting notification letters dated June 2 to 21 HCA and other affected parties directly adjoining Vantage Hill.  In response, neighbors submitted to RA at least 17 individual affected party statements of concerns about building-out dedicated cluster common area to generate revenue, increased building density, reduced open space, street setbacks, traffic, noise, safety, tree removal, storm drainage, animal impacts, and more.

For more June 23 Vantage Hill project application package information, see the following links:
  Developer DRB Application, Attachments
  Vantage Hill Condo Assn. Letter to Owners
  Developer Letter to Affected Parties, Map, List
  Affected Parties Statements of Concern
  Developer Site Plans Proposed
  Developer + Vantage Hill Slide Presentation

To attend the June 23 FDRB virtual Zoom meeting, see the Affected Parties Letter link above and/or the following online access summary:
  Meeting Agenda
  Website:  https://www.zoom.com
  Meeting ID:  956 8866 0759
  Password:  934817