Mitre’s 14-story office expansion has begun construction on Colshire Drive. It appears the building pre-dates new comprehensive plan standards and will be a single use office (perhaps with some employee dining included). It isn’t clear if the commercial interest of additional companies moving to Tysons (CVent, Mitre Expansion, Intelsat, etc) is acting as a stimulus on the residential development in the area. This upcoming year three high-rise residential projects will be delivered (Vita, Ascent, and Ovation) to be followed up by Hanover Arbor Row (already under construction) and four 2014 anticipated projects: Garfield Parcel by Cityline, Home Properties Arbor Row, Spring Hill Station building 2, and Tysons West mid-rise.
Speaking of Cvent, they announced a permanent home in Tysons with a lease of 130,000 sf at MRP’s campus on Solutions Drive. That lease will likely help accelerate plans for non-developed portions of the property (the parking lots) to be developed as the deal has drastically reduced the amount of vacant space at the property. Additional good news from the deal includes plans for Cvent to hire 400 new jobs. Some might consider the $1 million grant to the company to assist in their permanent office move had a lot to do with the decision. In reality that amount is less than 1% of what the company earns in revenue per year and likely had little to do with the decision. Cvent acknowledged that the Silver Line played a major role in their decision to stay in Tysons. (FCEDA)
Another bank was robbed in Tysons, the 5th robbery involving a bank in the Tysons/McLean/Vienna area in the past 12 months. Two of the previous incidents resulted in arrests of the suspects. Police do not believe that the suspects used mass transit, or the yet to be completed Silver Line, to commit the crimes, to the befuddlement of many a xenophobic NIMBY. Police say the suspects likely got away in a single occupied vehicle they are referring to as a “car”. (Sun Gazette)
A host of retailers announced intentions to expand into Tysons. Under Armour, Star Nut, and Sweetgreen top the list this month.
