A boom in luxury housing and office space around Dulles International Airport (IAD) precedes the extension of Metro’s Silver Line to the area.
The ongoing construction of additional stops to the line westwards as part of the Dulles Corridor Metrorail Project has put developers to work in full swings flurrying to meet the arrival of resourceful corporate and individual property owners and tenants alike.
The 23-mile extension of the existing transit system consists of two phases — one from McLean in Falls Church City, to Reston and another from Reston to as west as Ashburn in Loudoun County. The first phase that runs from East Falls Church with four stations in Tysons Corner and a terminal one on Wiehle Avenue in Reston is operational since July 2016. It has already helped transform Tysons Corner, in particular, into a major urban center.
Tysons Corner & Reston under Spotlight
The Tysons community has seen 6.4 million square feet of mostly residential new development to their neighborhood as a result. An additional 2.2 million square feet of development is currently under construction with 2 million more in the planning stages, Fairfax County Times reported on October 11th.
The remaining six of the additional 11 stations are currently under construction as part of the project’s second phase. Those stations will run westward through Reston and Herndon to IAD and ends at Route 772 in eastern Loudoun County.
Like Tysons Corner, Reston has seen plenty of construction activity, too. One of the area’s biggest developers, Comstock, for instance, is currently transforming the first phase’s terminus station, Wiehle-Reston East, into a massive employment and housing center. Upon completion, it will have over a million square-feet of usable space as offices and residences in total.
In recognition of the significance of what Comstock is doing in the area, Google has already moved its employee base of nearly 200 people to its signature building last summer. All in all, the company plans to introduce over 5 million square-feet of additional office and residential space around the metro station and the Dulles Toll Road. It anticipates all those construction to finish by 2023.
Joining Comstock in major interest in Reston and beyond, Boston Properties plans 4.8 million square-feet of development between Reston Town Center and the rising metro station. The two companies’ planned projects, therefore, add up to some 10 million square-feet new development.
Metro’s arrival to the region around IAD will draw an influx of jobs in the retail and service sectors. The housing needs of that low and mid-income working class as well as the impact on existing communities highlights the room for further growth in affordable housing, too.