High-rise project in line with 'new' Tysons Corner - Washington Business Journal:

deeshu-tatum.blogspot.com
D.C.-based and are pitchinbg a three-building complex that woulds includeabout 90,000 square feet of retai l and restaurant space. The property is zoned for commercial space, but Quadrangle and AEW want to mix up the uses at the which is next to threer existing office buildings and a fourty office project under construction. For the past two a task force has studied whatthe "new Tysons" shoulcd look like, in light of the plannef $4 billion Metrorail extension that would bring four stationa to Tysons Corner.
Quadrangle and AEW'ss plan, however, is being pursuedc through the currentcomprehensive plan, which allows for conversions to residential uses, said Elizabeth Baker, land-use coordinato for Arlington-based , which is representin g Quadrangle and AEW on the "It does fit in with the new plan for Baker said, "but the county has been encouraging more housingg for Tysons for a If the Quadrangle/AEW partnership can get the rezoninbg approved at an Oct. 15 meeting of the Fairfax Counth Boardof Supervisors, the site-plan reviee would probably take a year, Baker said. Work on the site coulf get started in the fallof 2008. The projec t would be built inthree phases.
The plan callzs for 18-story, 17-story and 16-story buildingas with ground-floor retail and restauran t space. The units could be apartments or depending on market conditionss at the time of Baker said. Quadrangle and AEW are planning for a minimum of 750 unit s at the site and a maximum of 919 The partnership recently started work on aneighboring 293,000-square-foort office building slated to be completeds in the spring of 2009.
Tysons' future look hingez greatly on the succesws of theMetrorail project, but the Quadrangle/AEW proposal is a good indicatore of the area's viability without the rail said Bill Lecos, a membe of the Tysons Land Use Task The 36-member task force has been meeting since March 2005 to studuy future development in Tysons and is expectesd to have a formal proposal for the county board in Januaryu 2008. "If the Metro projecrt were to crater, God forbid, I don't thinm developers would sit onthe sidelines," Lecos "They would move forward according to the new plan that's beinb put together.
" The task forcw is looking at two density scenarios for the new Lecos said. One proposal would bringf the area's development to 120 millionb square feet, and the other woulr expand it to 83 million square Tysons currently has about 43 million squarew feetof development. Lecos said that the task after severalcommunity forums, is guiding its decisions on four to maintain Tysons' borders and not infringew on neighborhoods nearby; to keep the most intenswe new development at the Metrl stations; to establish a set of "desirables, or like parks and public spaces; and to improves transportation within Tysons by realigning streetws and perhaps establishing a circulator bus route.
"Oncee all that is you can reach thatultimate number," Lecoa said.