(Updated at 4:50 p.m. on 1/19/2023) A new dual-branded Marriott hotel is coming soon to Reston Town Center, according to a release.
The concept — the first of its kind by the company — would bring a Marriott AC Hotel and Residence Inn to the town center, The Donohoe Companies Inc. announced today.
“Reston Town Center is the proven premier mixed-use development in Northern Virginia. The growing residential and business population leads the region in balanced growth,” Donohoe Development President Evan Weisman said. “The newly opened Metro Silver Line extension to Dulles Airport will afford our guests easy access to the hotel’s doorstep.”
Located at 1975 Opportunity Way, the project will feature a 120-key Residence Inn and a 147-key “upscale” hotel, connected by a direct pedestrian entrance to the new Reston Town Center Metro Station.
“We are thrilled to collaborate with Artemis to close this financing in an extremely challenging capital markets environment,” Robert Donohoe, Donohoe’s chief investment officer, said. “Artemis was able to provide a structure consistent with our business plan while addressing the complications associated with financing a component of a larger development.”
The LEED Silver project will include a shared lobby, a 4,000-square-foot restaurant, an indoor pool and a fitness facility. An upscale rooftop bar and lounge is also planned.
Here’s more from the company on the project:
The project’s 34,000 square feet of street-level retail and restaurant space will be the central gathering place for local offices and residents. The upscale rooftop bar and lounge will be a unique draw with spectacular views of northern Virginia.
Donohoe Development, Donohoe Construction, Donohoe Hospitality, and Complete Building Services worked with Reston Town Center master developer, BXP, to bring this project to life. Donohoe Construction has already commenced construction at the shovel-ready site. Upon completion in late 2024, Donohoe Hospitality will operate the hotels, and Complete Building Services will provide facilities management services.
Donohoe says it has obtained $74.7 million to finance the hotel’s construction with Artemis Real Estate Partners.
A seven-story self-storage facility is planned on land in Springfield currently developed with a TownePlace Suites by Marriott (6235 Brandon Avenue).
Secure Space, the applicant, is seeking Fairfax County’s permission to build the facility on a vacant portion of the property, resulting in no major effect on the existing hotel.
The proposal is part of a process that began several years ago when the county accepted a Site Specific Plan Amendment (SSPA) for the property — which opens up the county’s comprehensive plan for changes. The area was previously contemplated for restaurant uses, according to the application.
After conversations with local stakeholders, the applicant chose to instead dedicate roughly 2,700 square feet for retail uses or community spaces — but it’s unclear what that would look like.
So far, the application anticipates tenants like business startups, maker spaces, art studios, specialty retailers or community spaces for general use.
In a Nov. 16 letter, the applicant’s representative — Lynne Strobel of Walsh Colluci Lubuley & Walsh — said that the proposal aligns with Springifeld’s commercial business corridor and fulfills an unmet need for self-storage facilities in the area.
“Specifically the proposed use will be a community asset, providing a needed use in a high-quality attractive building that promotes pedestrian activity, but generates low vehicular traffic,” Strobel wrote.
The application also calls the facility a “catalyst to encourage economic investment in the area.”
The facility would also include a 1,125-square-foot leasing office and internal break out room. Two to three self-storage employees will work on site during leasing office hours.
The application states that the building would be disguised as an office building.
So far, the rezoning application has not yet been accepted for review by the county.
Hilton is planning a major expansion of its headquarters in Tysons that will bring its workforce at the office to over 1,000 employees.
Virginia Gov. Glenn Youngkin announced this morning (Thursday) that the hospitality company will make “significant upgrades” to the office it has operated at 7930 Jones Branch Drive since 2009.
“Hilton will re-imagine its space to create an even more vibrant place to convene and collaborate, fully integrating technology into the office experience to meet the needs of today’s workforce,” the Fairfax County Economic Development Authority (FCEDA) said in a news release and announcement video.
Extending its lease for another 15 years, Hilton says it will continue to approximately 220,000 square feet at Park Place II, one of two adjacent office complexes owned by BF Saul Company by the intersection of Jones Branch Drive and Scotts Crossing Road.
While the amount of space is “roughly the same” as its current footprint, the company plans to enhance its office space and common areas, according to a Hilton spokesperson.
“We will be working closely with our Team Members over the coming months to determine what modifications we will make to create an even more vibrant place to convene and collaborate and to fully integrate technology into our office experience that accommodates today’s workforce,” the spokesperson said by email.
Over the next five years, Hilton plans to add 350 net new jobs at its headquarters, where approximately 800 workers are currently employed.
The extension of Hilton’s stay in Tysons was booked through a partnership between the FCEDA and the Virginia Economic Development Partnership, according to the press release. It was also assisted by Youngkin’s approval of a $5 million Virginia Economic Development Incentive Grant and a $1 million grant from the state Development Opportunity Fund.
Hilton will be eligible to receive a $1,000 income tax credit for each new, full-time job it creates with the expansion, and the Virginia Jobs Investment Program will provide funding and services to support employee training activities.
“Northern Virginia has been Hilton’s home for more than a decade, and the region has played an instrumental role in helping us create the best, most inclusive home for our Team Members while also managing the demands of a global business,” Hilton President and CEO Chris Nassetta said in a statement. “We appreciate the continued support of the Commonwealth of Virginia, Fairfax County and the Tysons Partnership in ensuring we continue to attract strong, diverse talent to our vibrant, growing region.”
I am so pleased that Hilton Worldwide has made the decision to remain in Tysons. The 2009 move of the Hilton headquarters to Tysons helped spur the transformation of Tysons into a vibrant urban community: https://t.co/9HtJfHybw1
— Dalia Palchik (@SupvPalchik) August 4, 2022
The Park Place offices will see additional change in the coming years with an overhaul of the Tysons Park Place building at 7926 Jones Branch Drive that got the Fairfax County Board of Supervisors’ approval on June 28.
State and local officials expressed excitement at the Hilton news in prepared statements: Read More