The two green (P) points on the map above show parking lots that could be redeveloped in Old Town Alexandria by Galena Capital Partners.
City-owned parking lots on King Street and on S. Henry Street may be sold to Galena Capital Partners, which plans to put residential and retail buildings on the sites.
The Washington Business Journal reported this week that the parking lots are at 912, 916 and 920 King Street, and 116 S. Henry Street.
912 to 920 King Street is the parking lot just east of Misha’s Coffee Roaster’s and Bloomers at the intersection of Route 1 North. A Capital Bikeshare docking station is in that parking lot.
116 S. Henry Street is a parking lot behind Killer ESP, Alexandria Cupcake and Hank’s Oyster Bar on King Street.
The sale price will be around $5.3 million, according to the Business Journals.
Galena Capital Partners is based in Alexandria.
The projects will still have to go through the normal Alexandria permitting and development processes, but Alexandria City officials say the 85 parking spaces lost will be replaced on site and more parking will be added.
