“Business locations are perpetually in high demand and Historic Downtown continues to be the cultural and commercial center for the Greater Manassas Region. The past six months have been no different.” ~ Historic Downtown Manassas 2024 Mid-Year Market Report

Loveless Porter Architects continues to play a supporting role in the story of economic vitality in Manassas, VA. Of the five projects highlighted in the 2024 Mid-Year Historic Downtown Manassas Market Report, Loveless Porter was involved in three: Voodoo Brothers Cajun Creole, Lume Asian Fusion, and Harris II, a mixed-use project with 16 residential units and three ground-level storefronts. 

The report states: “The trend of our Downtown having almost no retail vacancy started in 2021, exhibiting a staggering 100% retail occupancy rate through most of 2023 and is now sitting at 95.1% occupancy as of Q2 2024. According to CoStar, the vast majority of that vacancy is attributed to the newly constructed Harris II Building, which provides 4,900 square feet (sf) of modern retail in the heart of Downtown. Average market rent for the retail sector is currently $25.75/sf … Comparatively, the Northern Virginia region has an occupancy rate of 89.5% and $29.36/sf market rent price.”

The report also notes that the future of Historic Downtown Manassas looks bright, and we couldn’t agree more as progress on our latest historic renovation project, Meredith House, continues. Are you considering becoming part of the city’s economic success story? Call Loveless Porter Architects, and we’ll help you navigate the zoning, permitting, and architectural review processes that maintain the “historic heart with a modern beat” of this bustling Main Street area.