Developer buys land for project featuring what could be the DC-area’s tallest tower

Feb.February 08, 2018 06:43 PM

Tysons Development, a partnership between Clemente Development and Saudi investors, bought the first plot of land in Tysons Corner, Virginia, to build a 2.8 million square-foot project with what would be the tallest tower in the Washington D.C. area. The group bought a 1.8-acre parcel at the Spring Hill Metro station for $26 million and is under contract to buy the adjacent 7.1-acre site, Bisnow reported. If the proposed View at Tysons project is approved, the plans call for a 48-story mixed-use tower, two rental apartment buildings and a performing arts center. [Bisnow]

Related Articles

(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Minneapolis tops the list of best places to recover from divorce (Credit: iStock)

The best (and worst) cities for divorcees

Sidewalk Labs CEO Dan Doctoroff and a rendering of the tower (Credit: Sidewalk Labs/Michael Green Architecture and Gensler)

Alphabet’s wooden skyscraper in Toronto could be tallest in the world

Real estate in states where cannabis use is legal is in high demand compared to states where use is illegal. (Credit: Pixabay)

Cannabis legalization drives demand for warehousing and retail: study

Adam Neumann and some of the properties, Museum Place and 225 West Julian in San Jose 

Adam Neumann no longer has a vision for San Jose

Greystar CEO Bob Faith and the Parkside Place Apartments in Cary, North Carolina (Credit: Greystar and Apartments)

What Greystar’s belief in multifamily says about the health of the economy