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In Tysons Space

Trekkin' development Tysons Corner, McLean, Vienna-Oakton & Falls Church

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Tysons Corner

Route 123 Construction Alert

It’s good to see that Dulles metro construction is progressing. This weekend all four lanes along Route 123 closed for bridge demolition. Once the old beltway bridge is demolished, they will begin construction on the new beltway bridges and a new HOT Lanes connection to Tysons Corner at the Westpark Drive Bridge.

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Read more on Route 123, Tysons-McLean construction for Dulles Metrorail and HOT lanes, from Virginia HOT Lanes.

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Northern Virginia 2020 Transportation Map

Read full story here.

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2 Year (2010-2013) Lane Closing on Southbound Rt. 123

Woops, part of the construction pain. The 2-year lane crossing will start next week on Feb 22. The closing is for the construction of Tysons East Metrorail station, which is throw’s stone from Capital One HQ.

So does it mean that Capital One employees telecommute? Just asking..

Read details here..



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The Landowners of Tysons

Tysons Corner Landownership

image: Fairfax County DPZ

For the fun of it, I digged info on “Who’s Who” Tysons Corner’s landlords. In this post, we’re trekking the landlords of Tysons using the data that was prepared sometime in 2005 for Dulles metrorail. So it may contain info that is not current as of this time of writing.

The landownership within Tysons Corner is divided into publicly owned and privately owned land.  The other day, Washington Post had a piece about West Group (link to post), the largest ‘privately-owned’ landowner, that is selling land holdings to another company. While West Group is the single largest property owner, Tysons Corner Property LLC owns the largest contiguous land mass in Tysons, according to Fairfax County record.

The landownership in Tysons is divided according to the proposed four rail stations slated for Dulles metrorail:

  1. Tysons East
  2. Tysons Central 123
  3. Tysons Central 7
  4. Tysons West

In Tysons East. Who knew? That with the exception to the large parcel of Gates of McLean condominium, north of this station is owned by the ‘whats-in-your-wallet’ Capital One (25 acres) and West Group (10 acres). On the south of the station, the land is owned by a ‘few’ large landowners (no further info). However, land ownership along Colshire and southeast Anderson Road that range from 10 to 20 acres is owned by a few companies that includes Mitre Corporation, West Group, Northrop Grumman, MR Commons and Safeway.

Move on to Tysons Central 123. This part of Tysons has large parcel of land over 20 acres. North of the station, the owners includes Tysons II Land Co LLC (30 ac.), Tysons II Mall. South of the station, which is the largest single land mass under one owner is owned by Tysons Corner Property Holdings LLC (Tysons I Mall) with over 80 acres.

Then to Tysons Central 7. On this part of the proposed station, land masses ranged from 5.5 acres to over 18 acres, is owned by a few companies, i.e. SAIC (18 ac.), Booz Allen Hamilton (13 ac.), Sherwood Tysons (Marshall Shopping) owns about 16 ac. Koons Auto Dealership owns about 14 acres. Pike 7 Plaza owns about 12.6 acres.

Last station is Tysons West. This part of the proposed station no biggie landowners per se, because ownership is divided among several car dealerships and Rosenthal that owns 12 ac. of land, which is  the largest piece over here.

Oh, there’s more here. There you have it..

West Group Change Hands

Washington Post reports that the owner of West Group, the largest landowner of Tysons Corner cashing in his 142 acre of holdings to an investment group led by Robert Pence, a developer with local “Fairfax” root. The new owner will continue to focus on West Group’s vision for redevelopment of Tysons Corner.

The WestGroup owns about 140 office and apartment buildings in Tysons. Its office properties have as much as 2 million square feet of space available, according to the company’s Web site.

WestGroup developed two major pieces of Tysons Corner’s current landscape: WestPark, outside the Capital Beltway, and WestGate, inside the Beltway. The company’s buildings are home to major companies, including Freddie Mac, Mitre and Northrop Grumman.

Full story here and here..

Feds Approved Tysons Rail Funding

This is great news. Statement from Gov. Kaine per email:

“I want to extend my sincere appreciation to U.S. Secretary of Transportation Mary Peters, FTA Administrator Sherry Little, and the staff of the U.S. Department of Transportation for their time, expertise, and commitment to work with the Metropolitan Washington Airports Authority, Metro, the Commonwealth of Virginia, Fairfax County and our other partners on rail to Dulles – linking our nation’s capital to our nation’s international airport.  The steadfast support and commitment by our Congressional delegation, including retired Senator John Warner and Congressman Tom Davis, to the project has been unwavering and I also thank them for their efforts.

“This demonstrated leadership and willingness to work together can serve as a model for future complex projects on how federal, state, local, and private partners can work together to address the needs of our citizens.”

Harris Teeter Coming to Tysons Corner..

Sign of store opening up (pretty) soon..

harris teeter opening tysons

via GroceryHire.com

The location will be within walking distance from Tysons mall – over at Park Crest, Lofts at Park Crest hood. Oh, and also throw’s stone from Freddie HQ.

All Roads Lead to Tysons

Interesting write-up of the future of Tysons Corner over at NYT. It should be noted too, according to NYT, a few projects – by Macerich, Lerner, among others – got postponed until the economic conditions improves.

Capital One Buys Chevy Chase Bank

Oy, credit card giant Capital One morphed into a bank. Thanks to the bailout money. What’s in your wallet HQ? is in Tysons. Global Macro Economonitor says the transaction is another bailout freebie.

I wrote a few weeks back about how your bailout money was being used for mergers and acquisitions to line bankers’ pockets instead of for making loans to desperate homeowners. After receiving $25 billion in bailout funds, Citigroup attempted to buy Chevy Chase Bank despite the fact it was near collapse. Luckily this deal was scuppered as Capital One has now acquired Chevy Chase, just as the Wachovia deal was canceled when Wells Fargo stepped in.

Continue reading “Capital One Buys Chevy Chase Bank”

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