New residential properties are coming Alexandria, Reston and Tysons.
Alexandria goes vertical with more luxury residences and mixed-use center
Last month EDENS, developer of Mosaic and Union Market in D.C., broke ground on a 22,388-square-foot center at 530 First St., the former Giant location, that will include 50,000 square feet of retail and dining mixture—West Elm recently signed on to take up 12,000 square feet of that space—along with a development partnership with Gables Residential for the 232 luxury residences above. Gables Residential also holds Gables 12 Twenty One (1221 N. Pierce St., Arlington), Gables Centerpointe (12190 Waveland St., Fairfax) and Waverly Village (4350 Lee Highway, Arlington) in its Virginia portfolio.
Vornado backs out of Arlington, Metro-D.C. area
RiverHouse in Pentagon City was scheduled to get 993 units plus retail, the Shops at 1750 were supposed to get an overhaul, and retail pavilions on Crystal Drive that would have brought open spaces to a cluster of office buildings are in limbo. Vornado Realty Trust is in the process of merging with JBG Smith Properties, and a JBG representative told Arlington County staff that these proposals, under JBG’s management, are on hold and most likely will not move forward.
Reston’s future may include 500 more housing units at Reston Station
Late last year Comstock Partners announced a proposal to expand its offerings at the Wiehle-Reston East Metro station, and these plans are currently making their way through the process. Comstock is proposing 500 residential units split between two high-rise buildings at what was the Sunset Hills Professional Park. Along with the residential, plans include 91,000 square feet of ground-level retail and 178,000 square feet of office or hotel.
High-rises to take over car dealership in Tysons
Continuing with the promise to re-envision Tysons as a pedestrian- and residential-friendly area, Capital Automotive submitted plans to redevelop a 19-acre stretch of car dealerships into a high-density mixed-use project called Dominion Square that will consist of five office buildings, six residential buildings, a hotel, retail and a large public park. The plans were approved in February by the Fairfax County Board of Supervisors.
