Spectrum - Volume 17 Issue 02 September 01, 1994 - Board approves NOVA facility construction plan
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Board approved NOVA facility construction plan
Spectrum Volume 17 Issue 2 - September 1, 1994
The Virginia Tech Board of Visitors has approved the university's purchase or lease of seven acres of land in Fairfax County for the construction of a new graduate and continuing-education facility to be jointly administered by Virginia Tech and the University of Virginia.
The board's action cements the university's strong commitment to providing graduate education programs in Northern Virginia. Virginia Tech has offered graduate-education programs in Northern Virginia for more than 20 years.
The 1994 General Assembly authorized Virginia Tech and the University of Virginia to issue bonds for the construction of a new facility for its programs at a cost not to exceed $18.6 million. The 105,000-square-foot facility will be located on a site adjacent to Falls Church's George Mason Middle and High Schools in Fairfax County. Virginia Tech and U.Va. currently lease an 81,000-square-foot, retrofitted office building in the City of Falls Church.
Fairfax County and the City of Falls Church have joined with the two universities and the state to support the establishment of the new facility. In an agreement signed in July, Fairfax County has committed to provide $50,000 per year for as long as it remains an educational center. The City of Falls Church has waived its development and regulatory fees estimated at $225,000 and waived its water availability charge of $62,500.
As authorized by the BOV, the universities will lease from the City of Falls Church approximately five acres of land for a period not to exceed 40 years and will ultimately lease or purchase for $1.3 million an additional two acres of land.
All property and contracts will be held jointly by the two universities and will be shared, based on usage of the facility.