Skip to main content

Tall Oaks owners still marketing vacancies

Empty Tall OaksAs stores at Tall Oaks Village Center have shut their doors one after another, it has been hard to predict the future for the plaza.

Will any tenants sign leases there? Will the property eventually be rezoned so homes or a community center can be built there? Or will it just remain a near-ghost town for years?

It is speculation that took hold nearly three years ago, when Compare Foods closed in the center’s large anchor spot. Compare Foods was the second international supermarket in five years to occupy the space after longtime tenant Giant Foods left in 2007.

Since then, it has been one closure after another. Even some new tenants that signed in that time have since closed. Among the departures: 7-Eleven, El Manantial restaurant, Curves, Burger King, Total Rehab Chiropractic and Dominoes Pizza.

Some mainstays remain. Paradise Nails,   Vocelli Pizza, Paisano’s Pizza, Mama Wok and Pho 75, all of which have a loyal customer base.

The vacancies are still there despite active marketing by Lincoln Property Management.

“Tall Oaks Village Center is located in Fairfax County, one of the fastest growing suburban locations in the Washington, D.C. metro area,” reads the Tall Oaks listing on Lincoln’s website. “The county enjoys one of the most affluent and educated consumer bases in the country.”

Lincoln reps did not return requests for an interview and asking prices for the spaces were not available.

Lincoln’s site shows more than 46,000 square feet of space in four storefronts up for rent. That includes the anchor site, which is more than 38,000 square feet. The anchor site is listed as “will not divide,” meaning it will take a big tenant such as a grocery store to seek the space.

Meanwhile, Lincoln’s somewhat dated marketing brochure for Tall Oaks shows the demographics of the area (“Excellent demographics with 87,181 people with an average household income of $160,145 within 3 miles”).

It even has  a map of what is located at nearby shopping centers, including North Point, Reston Town Center and the Home Depot area.

Proximity may be part of the problem. Tall Oaks, built in 1974, was a stable but slightly hidden neighborhood plaza throughout the 1970s and 80s. But by the mid-1990s, when North Point was built and Reston Town Center became a solid community retail spot, competition from more grocery stores and stores with easier access marked the beginning of the end for Tall Oaks.

Will the village center be the first one to become just a memory? Reston founder Bob Simon said he would be OK with that. He says Reston was planned with seven village centers, and five were eventually built because predicted population density ended up being a bit lower than expected here.

“Perhaps we need fewer village centers,” he said in July.

The Reston Master Plan Phase II plan may agree. The Strawman Text of the plan, which will be discussed at a community meeting Oct. 18 (8:30 a.m. at South Lakes High School), says “redevelopment in the village centers can occur in commercial core areas.”

Phase II of the Master Plan will not provide a concepts for redeveloping any village centers. Rather, it is setting guidelines regarding architecture, green space and the village center’s roles as gathering spaces with a variety of community uses.

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
Read Next Story