
The Georgelas project was the first - possibly of many - accepted for consideration by the county under the auspices of the newly minted Comprehensive Plan, a restructured set of guidelines designed to move Tysons from its suburban inception to an urban grid. Tysons Planners have been meeting regularly with Capital One and Georgelas executives to hammer out a workable proposal, and today's technical acceptance of the Capital One plan moves the project to a full staff review with public comment periods. The staff will ultimately forward their recommendations for the two projects to the Board of Supervisors for judgment. The turning point, albeit a technical one, was welcomed not just by the sponsoring developers but by a county that has struggled for years

"Its a big deal in the sense that Capital One [and Georgelas] are the first projects that will begin to transform Tysons" said Brian Worthy, Public Information Officer for Fairfax. "Its very exciting that these proposals are taking advantage of the new plan," said Worthy. "Capital One’s application helps to advance the transformation of Tysons Corner into a walkable, livable urban center because it proposes high-density, mixed-used development near the Metro. This is exactly the kind of transit-oriented development that the plan to transform Tysons calls for." Capital One officials were unresponsive, but other participants in the process made it clear they thought the proposal had strong transformative potential. The site plan calls for 5 millions square feet in total development - 2.1 million s.f. of office space rising as high as 392 feet, a thousand or so residential units rising 20 stories, as well as hotels, parks, plazas and retail, all connected to what will be a brand new

The Georgelas Group plans to redevelop 28 acres on three sites throughout central Tysons, with 14 buildings totaling more than 6 million square feet designed by WDG Architecture and Parker Rodriquez landscape architects. The plan includes

Development will be balanced with civic areas and hotels that planners gauge will result in an overall presence of 65% office space and 20% residential usage. All office buildings will be designed for a LEED Silver ranking and for residences to earn general LEED certification, all designed to achieve "the urban aesthetic vision for Tysons."
Still, the proposal's impact is theoretical, as the plan must meander through the approval process, and Capital One has little inclination to start building right away, or even committing to a time frame for its first building. While it tentatively calls its 15-story office building adjacent to the current headquarters "the most likely to be constructed in the near term," it only promises to keep the plan as "an option

"We're at the start of a 40 year process," says Worthy, cautioning against expectations of a sudden transformation for Tysons. In fact some involved

Tysons Corner real estate development news
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