Old Town’s Power Plant Gets a New Life

Alexandria’s waterfront is about to get a massive makeover as developers unveil plans to transform the long-vacant Potomac River Generating Station into a sprawling 2.5 million sq ft mixed-use hub—with housing, restaurants, parks, and an arts district—all set to rise on nearly 19 acres. The $135 million financing plan, backed by HRP Group, could kick off next year with demolition and phased construction, including a cultural center. But not everyone’s cheering: critics question affordable housing numbers and whether traffic studies account for post-pandemic realities. Still, if approved, the project promises solar power, EV charging, and bike access—reshaping Old Town North one phase at a time. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bce92ae47bbe922e