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Cap One's proposed rezoning application includes a 268' and a 396' building. Neither are scheduled to be built soon. Subject to Cap One paying the currently effective Road Fund rate, rather than an older one effective at the last rezoning, the board of directors of the McLean Citizens Association voted, on September 12, unanimously to support Cap One's rezoning application.

The application consists of five phases, with only one phase proposed for immediate construction. Phase 1 consists of more office space for Cap One's staff and a residential building for out-of-town Cap One staff working temporarily in McLean). Cap One hopes to move its workers from two other leased sites in Tysons to its new campus in 2014.

Cap One has permission to build three 200 K sq ft buildings now and is arguing it should be able to pay Road Fund fees based on that approval. However, Cap One's existing zoning will not permit construction of Phase 1, so neither county staff nor the MCA agrees with Cap One's position.

by tmtfairfax on Sep 15, 2012 11:44 am • linkreport

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