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Downtown McLean hasn't changed much in 20 years, perhaps longer. A renewal may be coming, led by Washington Real Estate Investment Trust and the JBG Cos., owners of two key properties.
Fairfac County staffers are recommending approval of the 5.79-acre Tysons Central at the intersection of Leesburg Pike and Chain Bridge Road, adjacent to Metro's Greensboro station on the Silver Line. Led by NV Commercial Inc. and Clyde's Real Estate Group Inc., the $750 million redevelopment will feature six new buildings — constructed atop a single, conjoined parking structure — totaling as much as 2 million square feet.
Students seeking a master's in business administration from Georgetown University could soon find themselves heading to evening classes at the Tower Club in Tysons Corner instead of the school's D.C. campus as early as fall 2014.
Metro's Silver Line, scheduled to open early next year, has changed the dynamic in Northern Virginia. The transit-oriented Arlington office corridor is shifting north and west.
The Fairfax County Board of Supervisors has approved a third major redevelopment project in Tysons.
The Fairfax County Board of Supervisors on Tuesday is expected to adopt the rulebook that will guide the collection of hundreds of millions of dollars for Tysons road improvements.
Fairfax County needs to hire additional staff to manage the workload associated with redevelopment in Tysons Corner, County Executive Anthony Griffin told the Board of Supervisors.
AEW Capital Management LP, following the lead of other Tysons Corner landowners, has decided to put three sites zoned for high-rise apartment buildings up for sale to interested developers.