(Updated at 9:05 a.m. on 7/26/2023) Fairfax County is currently the second largest suburban office market in the nation, with an inventory of 120 million square feet.
However, the current office vacancy rate sits at 16.7% — topping the county’s previous 10-year high, according to Stephen Tarditi, director of market intelligence at the Fairfax County Economic Development Authority.
Like many organizations, The Arc of Northern Virginia is rethinking its approach to office work in the wake of the COVID-19 pandemic.
The local chapter of the national nonprofit, which provides services and advocacy for people with intellectual and developmental disabilities, will move its headquarters to the recently opened Venture X coworking space at 3060 Williams Drive in Merrifield.
A plan to reinvigorate a 15-acre site in Springfield that was the pinnacle of the local market four decades ago has been derailed.
At a July 11 meeting, the Fairfax County Planning Commission rejected a proposal seeking a special exception to redevelop Versar Center — a site with two office buildings that sits on a floodplain between the Virginia Railway Express and the I-95/I-495 interchange.
While new buildings continue to transform the Tysons skyline further east, the Spring Hill Metro station area has yet to see the same frenzy of development.
Developer American Real Estate Partners hopes to change that with City House, pitching the high-rise apartments to the Fairfax County Planning Commission last week as a way to revitalize its Highline at Greensboro District office complex at 8401 Greensboro Drive.
Inova Health System’s former administrative headquarters in Merrifield will soon be transformed into a combination of workforce housing and live/work units — a kind of development that’s still relatively novel for Fairfax County.
The Fairfax County Board of Supervisors voted 8-0 to approve the project from developer Madison Highland after a public hearing on June 27. Mason District Supervisor Penny Gross and Braddock District Supervisor James Walkinshaw recused themselves because they respectively serve on Inova’s board of trustees and quality and reliability committee.
The proposed repurposing of Inova Health System’s former corporate headquarters in Merrifield as live/work and workforce housing units got a hearty recommendation from the Fairfax County Planning Commission earlier this week.
The commission recommended on Wednesday (June 7) that the Fairfax County Board of Supervisors approve the plan from Madison Highland, a developer focused on live/work projects that’s pursuing similar conversions at the Skyline Center in Bailey’s Crossroads.
Though a proposal to expand its headquarters in McLean is still under review, Mars Inc. has apparently gotten a head start on scouting locations to temporarily host employees during construction.
The candy and pet food manufacturer has submitted a bid for construction work on the 10th floor of 1676 International Drive in Tysons, the Washington Business Journal reported yesterday.
An information technology services company is expanding its presence in Reston.
Dev Technology Group plans to invest $366,000 in its current offices at 11440 Commerce Park Drive, embarking on a 10,000-square-foot expansion that is expected to create 90 new jobs. The news was announced yesterday (Monday).
Offices may no longer accompany an existing 10-story office building at Fair Lakes Circle.
Developer Grubb Properties Inc. wants Fairfax County’s permission to build a 400-unit apartment building at 12701 Fair Lakes Circle, currently the site of an office building known as Argon Plaza. The proposal replaces plans calling for a second office building on the parking lot that date back to 2005, according to the Washington Business Journal.
Some more construction could be in store for the southwest corner of Chain Bridge Road and Tennyson Drive in McLean.
The owner of the McLean Professional Park is seeking to replace six buildings in the office complex with a five-story, 104-unit multifamily residential building, according to a rezoning application submitted to Fairfax County on Monday (April 17).
