North Tract: Back on Track?
The Arlington Sun-Gazette reported on Monday, January 8, that Arlington County Board members “expressed optimism that their delayed North Tract land swap with a developer will ultimately go through. But they warn taxpayers that the county will not reap the financial windfall it had been expecting.” That was after a developer backed-out of a land-swap deal that would have netted the county $25 million.
This afternoon, the Sun-Gazette reports that “Arlington County government officials . . . announced a new North Tract land-swap deal, one that will not include the $25 million government officials expected to reap when the original agreement was signed two years ago.”
For more details, see this afternoon’s story. Here’s county’s press release, and here is the Examiner’s initial story dated January 9.