State and local leaders gathered Monday to mark the ceremonial groundbreaking for Capital One's new 470-foot-high tower that will be the first of a dozen high-rises planned in Tysons Corner. The project is expected to help transform the commercial hub of Fairfax County.
TYSONS CORNER, Va. — Construction officially began Monday on the first of a dozen planned high-rises in Tysons Corner – a project that officials say will boost the region’s economy and help transform this corner of Fairfax County.
Ground was broken for Capital One bank’s planned 470-foot-high tower — the first structure that will go up on the 26-acre parcel, a stone’s throw from Metro’s new McLean Silver Line station. The tower will be erected next to Capital One’s headquarters building.
“This building is going to be the second tallest building next to the Washington Monument in the whole region,” says Virginia Sen. Mark Warner.
Warner, Gov. Terry McAuliffe and other leaders plunged silver-colored spades into clay dirt to mark the ceremonial start of construction of the 31-story bank tower.
McAuliffe foresees the development having a dramatic impact on the state’s economy.
“This is magnificent, the new jobs that will be created, the new economic activity…this is going to transform the entire Tyson’s community,” McAullife says.
In addition to the tower and adjoining conference center, the planned development calls for a hotel, residences, offices and retail space.
Fairfax County Board of Supervisors Chair Sharon Bulova is especially pleased that the development will include a terraced park with athletic fields and a community center with a basketball court.
“We are really standing here on the threshold of building a new city,” Bulova says.
Correction: Due to a reporting error, a previous version of this story inaccurately described the height of the new Capital One tower. It will stand 470 feet tall.