Approval of Phase 2 of Metro’s Silver Line to Dulles Airport should boost property values

July 7, 2012 — It was oh sooooo close but the all-Republican Board of Supervisors in Loudoun County, Virginia approved the second phase of the Metro subway system’s extension into Loudoun County, including Washington-Dulles International Airport.

The vote all but ensures that the Washington Metropolitan area has one of, if not THE, most accessible and cleanest commuter train / subway systems in the world.

While the extension will come with costs to the county and construction inconveniences, one now can reach the region’s three airports using public transportation, without an expensive taxi ride.

With his decision to support the Silver Line after strongly opposing it, Supervisor Kenneth D. Reid (R-Leesburg) delivered the fifth and deciding vote for a project that supporters and at least a few of my clients predict will have a lasting impact.

“This is a huge investment in Loudoun’s future,” Tony Howard, president of the Loudoun Chamber of Commerce, told The Washington Post. The Chamber represents 1,200 businesses. “It’s important not just for our economy in the next quarter or the next year, but for a payoff that will be generational. . . . The chamber is absolutely elated.”

Read this assessment of the vote and what it means by The Washington Post here.

Phase 1 of the Silver Line to Wielhe Avenue near Reston is to be complete in late 2013. Phase 2 is supposed to be complete by 2018. CREDIT: Washington Post

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