The last piece of the Park Crest development in Tysons is starting to take shape.
Developer Renaissance Centro has submitted a site plan to Fairfax County for a 206-unit residential building that would be constructed on currently vacant land near the Westpark Drive and Park Run Drive intersection.
Sales were down overall, but average prices were up in all three market segments, as the Fairfax County real estate market moved through the summer under challenging economic conditions.
A total of 1,144 properties went to closing in July, according to new figures from the Bright MLS multiple-listing service. That’s down 5% from 1,220 transactions in July 2024.
The Fairfax area’s luxury housing sector is holding up slightly better than the overall real estate market, according to a new data analysis.
Sales prices for the top 5% of the D.C. region’s market increased 2.3% year-over-year in the second quarter of 2025, according to a new report issued by multiple-listing service Bright MLS.
Comstock Companies is nearing some significant milestones at Reston Row, the second phase of its Reston Station development near the Wiehle Metro station.
The developer expects to officially deliver the 1.6-million-square-foot district in the second half of 2025, starting with an anticipated fall launch for the new JW Marriott Reston Station Hotel and Residences, according to reported results for the second quarter of 2025, which were released last Thursday (Aug. 7).
A D.C.-based real estate firm is looking to redevelop more of the office buildings in McNair’s Woodland Park area just south of Herndon with housing.
The Parkline at Woodland Park neighborhood would replace three “underperforming” office buildings at 2291 Wood Oak Drive with “much-needed opportunities for homeownership,” a legal representative for the Pinkard Group said in a July 30 statement to Fairfax County.
Apartment rental rates across Fairfax County continue to rise, even as national costs are falling.
All seven county corridors tracked by Apartment List showed year-over-year increases in July, according to new data reported last Wednesday (July 30).
Plans to redevelop the Courthouse Plaza Shopping Center near Old Town Fairfax were put on hold last week, giving city officials and the developer more time to find compromises on the overall proposal.
“Being good partners requires flexibility not just from the developer, but from the city as well,” Fairfax City Councilmember Anthony Amos said at the July 22 meeting, where council members voted 5-1 to defer final consideration until Oct. 28.
A divided Fairfax City Council narrowly approved a major redevelopment plan at its July 22 meeting that will see a century-old home replaced with up to 276 apartment units, plus ground-floor commercial and retail space, on a key parcel in Old Town Fairfax.
The 4-3 vote to support the staff recommendation for redevelopment marked the conclusion of a nearly decade-old process to determine the future of the 2.7-acre site at 4131 Chain Bridge Road.
Though Northern Virginia Community College (NOVA) won’t leave its Reston Technology Center for a couple more years, the office building’s owner is already planning for a very different future.
JB Properties, an affiliate of the Tysons-based company Bognet Construction, has proposed redeveloping the four-story office building at 1821 Michael Faraday Drive with housing, bringing the property in line with the increasingly residential neighborhood surrounding it.
Tysons’ supply of housing for seniors could get a major boost from proposed changes to the Scotts Run development plan.
Cityline Partners, the developer behind the neighborhood south of the McLean Metro station, has enlisted the Atlanta-based senior living company Galerie Development to deliver three towers for a continuing care facility with rental homes, assisted living and memory care services, and a “Charlie and the Chocolate Factory-like” array of amenities.
