The Tysons economy appeared to be heading in an encouraging direction to start 2025. Visitations and residential and retail occupancy rates were up, and office vacancies at least held steady instead of rising.
However, the impacts of federal spending and workforce cuts by the Trump administration have yet to emerge in the data tracked by the Tysons Community Alliance (TCA), which released its latest quarterly market report today (Thursday).
A developer hopes to alchemize real estate gold out of a faltering building in Coppermine Commons, an office complex in the McNair area south of Herndon.
An affiliate of the Arlington-based company Felice Development Group that appears to own Coppermine Commons III has proposed replacing the 5-story office building at 13851 Sunrise Valley Drive with up to 98 residential townhouses.
A project to convert a former Inova office building in Merrifield into affordable housing is set to begin construction this May.
The Fairfax County Redevelopment and Housing Authority (FCRHA) and developer Conifer Realty announced late last week that they’ve closed on financing for the repurposing of the vacant, four-story office building at 2990 Telestar Court, which will be turned into 80 apartments.
For over a decade, mixed-use, multi-family residential developments have been the defining building type around Northern Virginia. A recent presentation about redevelopment at the Hunters Branch office complex in Oakton, however, indicated that type of development may be in peril.
The Fairfax County Planning Commission recommended on March 12 that the Board of Supervisors approve a comprehensive plan amendment to allow housing on the nearly 14-acre office campus at 9300 and 9302 Route 29.
Another proposal to replace office space with housing has been presented to Fairfax County.
Time Equities, a New York City-based developer, is seeking to replace the High Ridge office building near the I-66 and Route 50 interchange just outside Fairfax City with a residential building featuring up to 400 units and 5,500 square feet of commercial retail space.
A contractor based at Reston Town Center is angling to take over an office building near Herndon whose former occupant is also now based in Reston Town Center.
Peraton, a national security and technology company started in 2017, plans to open a new campus at Woodland Pointe, a 6.77-acre office complex just south of Dulles Toll Road that previously served as Volkswagen’s North American headquarters.
Fairfax County has received an official plan for the proposed redevelopment of the Lake Fairfax Business Center in Reston.
EYA Development hopes to “revitalize” the suburban commercial campus by replacing several mostly vacant office buildings with housing that it anticipates will encourage more around-the-clock activity, taking advantage of the property’s proximity to the Wiehle Metro station, according to a rezoning application submitted on Friday, Jan. 31.
Metro has the capacity to accommodate federal workers ordered back to the office by the Trump administration, one top transit leader says.
President Donald Trump signed a slew of executive orders after his inauguration yesterday (Monday), including ones to eliminate telework options for all federal government employees, freeze hiring and terminate diversity initiatives.
A local medical practice that specializes in care for dementia and other cognitive conditions is making the leap from online to in-person services.
After launching in mid-2024 with virtual care options for patients in the D.C. area, Sunday Health will open its first brick-and-mortar office next Tuesday (Jan. 21) in the Tysons Professional Center at 8320 Old Courthouse Road, Suite 401.
An office park just southwest of Herndon near the Innovation Center Metro Station has a new owner.
Finmarc Management, a commercial real estate firm with headquarters in Bethesda, Maryland, announced on Jan. 2 that it has completed a $51 million acquisition of Dulles Corner, an office complex with approximately 620,000 square feet of space across four buildings.
