(Updated 8:25 a.m. January 25) A now-demolished funeral home in Virginia Square is set for continued use as a parking lot for crews working on redeveloping the former CarPool site.

The Arlington County Board will consider an extension on the approval of the site plan at 3901 Fairfax Drive, and its interim use for parking, until February 2021.

Construction crews working on the CarPool project use the site as parking while building work is ongoing on a 22-story luxury high rise, which will have up to 330 residential units, 264 underground parking spaces and ground-floor retail.

The Board approved the project in 2012 on the site of the old Arlington Funeral Home.  It was first used as a temporary parking lot the following year after the building’s demolition.

In its place, a 10-story building with three levels of underground parking is planned. It would include office space and ground floor retail. It had been the planned location of a 150-seat black box theater, but that plan was nixed last year.

In a report on the planned extension, county staff said that developer BDC Crimson LLC has promised that development will be underway by 2021, “once financing is finalized to permit construction.”

Staff recommended the Board approve the extension.