1904 RESTON METRO PLAZA RESTON, VA 20190
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1 1904 RESTON METRO PLAZA RESTON, VA 20190
2 About Reston Station A versatile space to experience music, movies under the stars, bustling farmers markets, yoga classes, festivals, and celebrations. The only fully integrated Transit-Oriented Development in Northern Virginia.» Total Development Area: 17.5 acres» Directly above Wiehle Reston East Metro» Equidistant from Tysons and Dulles Airport» One mile to future General Dynamics headquarters BLVD OB3 OB2 OB1 WIEHLE AVENUE Metro DULLES TOLL ROAD Property Highlights» 1.3 million SF mixed-use development» Class A Office: 500,000 SF» Restaurants, shops & retail: 50,000 SF» Hotel: 200+ rooms» Luxury residences: 450 units» 2,300 commuter parking spaces & several hundred retail spaces under entire platform 1
3 Washington DC Metro MARYLAND» Mid-Atlantic s largest metro region and nation s 6th largest metro region with more than 6 million people.» Among the nation s wealthiest metro area with a median household income of $93,294 compared to the national average of $51,939. FAIRFAX COUNTY» 49% of residents have at least a bachelor s degree, compared to the 30% national average.» 28th consecutive over-the-year employment gain VIRGINIA Fairfax County, VA» Over 1.1 million residents making it the most populous jurisdiction in Virginia and in the DC Metro region.» Second highest median household income in the country after neighbor Loudoun County.» Fairfax County has the largest professional, scientific, and technical service sector in the Washington, D.C. area.» A stable workforce with 3.6% unemployment rate compared to the national average of 5%. 2
4 Location and Demographics Demographics ,519 86, ,936 24,168 78, ,491 5,037 35,453 79,896 $122,034 $150,409 $168,273 $99,312 $112,310 $122, Traffic Counts 2015 Dulles Toll Rd: 102,000 (ADT) Wiehle Ave: 34,000 (ADT) Sunset Hills Rd: 24,000 (ADT) 3
5 STAIR B ELEV #7 FUTURE STAIR HS1 169 SF ELEV #6 UTILITY ROOM H SF FUTURE STAIR HS2 188 SF Reston Station Site Plan Suite A 90' 22' 18' 1,981 SF RESTON STATION RESIDENTIAL UNITS IMMEDIATE DELIVERY HOTEL 1904 RESTON METRO PLAZA RESTON STATION BOULEVARD ELEV FUTURE HOTEL LOBBY 10,561 SF 1908 RESTON METRO PLAZA Suite B ±1,500 SF Suite C IMMEDIATE DELIVERY P1 SERVICE CORRIDOR ±3,000 SF Suite E Suite D (1,890 SF) 1900 RESTON METRO PLAZA SERVICE DOOR 1906 RESTON METRO PLAZA 2018 DELIVERY 1902 RESTON METRO PLAZA 2018 DELIVERY OPEN TO BELOW OPTIONAL MEZZANINE SPACE OFFICE LOBBY 3,477 SF 7,214 SF Marketing Opportunity Executed Lease METRO Negotiating/Awaiting Lease Negotiating LOI 2018 DELIVERY 110' 2,024 SF 82' 2,477 SF 4,561 SF 83' Marketing Opportunity Hotel Lobby Residential Office Lobby 53' 3,577 SF 34' 77' OPTIONAL MEZZANINE SPACE 2017 DELIVERY 55' 34' 8,569 SF 110' 150' RAMP TO TOLL ROAD WIEHLE AVENUE Anticipating LOI/Available Retail 4
6 Retailer Profiles It s a fresh retail revolution packed with talent, innovation and attitude that puts creativity and energy where it belongs in the neighborhood, on the plaza, and accessible to everyone. A unique mix of food, fashion, lifestyle and entertainment. Urban Pop Pearl Fine Teas pearlfineteas.com (Fine Tea Boutique) Citizen Frederick citizenfrederick.com (High End Barber Shop) Wuayra Peruvian Jewelry wuayra.com (Fine Jewelry) Scrawl Books scrawlbooks.com (Independent Book Store) Casero Creations caserocreations.com (Baked Goods) Paradise Springs Winery paradisespringswinery.com (Winery & Vineyard) Bon Bon Decor bonbondecor.com (Children's Decor) El Ceibo Chocolate elceibochocolate.com (Gourmet Chocolates) 5
7 Onsite Parking Reston Station s mission to provide an efficient transportation system extends far beyond the Silver Line. Park X boasts 1000 underground parking spaces and state-of-the-art electric vehicle charging stations. Additionally, the county lot holds another 2300 parking spaces. Reston Station is a great starting point for adventures all around Virginia buses per hour Bus Depot DO NOT ENTER PARKING ENTRANCE: BLVD Leasing & Visitor Starbucks Retail RESTON STATION BOULEVARD TO PLAZA Stay to the right, pass the Kiss & Ride to the back entrance BLVD BLVD BLVD BLVD BLVD BLVD G1 Level Down to G2 crane cage WIEHLE AVENUE ELEVATORS & STAIRS Up to P1 Down to G2 H2 H1 P1 Level Walkway To Plaza, BLVD & Starbucks RETAIL BLVD LEASING ZIP FUTURE RETAIL PARKING From G1 P1 Level P1 Level 6
8 Reston Station Neighborhood 3 5 Million SF Mixed Used Development 2 Million SF Class A Office 300,000 SF Restaurants, Shops, and Retail 250 Key Full Service Hotel 200 Key Boutique Hotel Residential Units 100+ per hour Commuter Bus Terminal 2,300 Dedicated Commuter Parking Spaces 5,000+ Residential, Retail, Office, and Hotel Parking Spaces 7
9 Future Development: Reston Station Neighborhood and Adjacent Properties 1. Lincoln at Commerce Park Lincoln Property 260 unit apartment building will replace surface parking lot 2. Reston Station Comstock Partners 1.5 million square feet. 448 unit apartment building delivered ,413 s.f. office will deliver August Retail, residential and office under development Metro Center Drive Bozzuto/ Veatch 421 unit apartment building under construction. Will delivery in June Wiehle Avenue Michael Faraday JBG/1831 Wiehle LLC, EYA, Chevy Chase Land Company 17.5 acre site. Will redevelop existing buildings into 1.6 million s.f. mixed-use plan. Will include 1.2 million s.f. of residential, 230,000 s.f. of office, 250,000 s.f. of retail Robert Fulton Drive Paramount Realty Group 76,000 s.f. office building 6. General Dynamics Headquarters New 190,000-square foot building 7. Jalla Site Girja Jalla Office/residential Business Center Drive TH Holding Company LLC Office building 9. Lake Fairfax Business Center Polinger Shannon & Luchs Office 10. Isaac Newton Square Peter Lawrence Co Residential, office, retail and park N Shore Drive Jefferson Apartment Group Redeveloping Tall Oaks Village Center with 156 units, 8,584 s.f. of retail and 5,809 s.f. of office 12. Commerce Park Redevelopment Vornado Redevelopment will add 500 residential units a 175 room hotel, a retail promenade and a new 400,000 s.f. office building. Will keep two of the existing office buildings 13. Reston Heights JBG Four residential towers and one 16-story office tower. Under construction. It is a 385 unit apartment as well as 89,000 s.f. of retail 14. Reston Heights American Real Estate Partners Site plan approved for 2.0M s.f. of development including 1.25M s.f. of office and 80,000 s.f. of retail 15. Oracle BTS Site Oracle USA acre site. Planning a third office building that will be 203,000 s.f. Also have a proposed 457-unit apartment building 17. Reston Signature Site Boston Properties Construction has started on a 19-story residential tower and a 21 storyresidential tower. They will include 508 units and deliver in 2018 The site will also include a 17-story office tower 18. Reston Gateway Boston Properties Site plan approved for two 280,000 s.f. office buildings. Boston Properties will seek higher FAR and eventually want over 3.0 M s.f. of mixed use development 19. Spectrum Development Lerner acre parcel. Plan 1.5 M s.f. of mixed use development that will include 7-story hotel, 10-story office, two residential towers, 200,000 s.f. office and expansion of Harris Teeter Reston Parkway (One Reston TownCenter) Akridge/RTC Partnership LLC 420,000 s.f. office tower that will be 330 feet tall and include 5 stories of parking and 18 stories of office. Will replace the existing 61,000 s.f. office building 21. Reston Crescent Brookfield Properties Planned redevelopment of two existing buildings. Will include 2,260 residential units, 1.2M s.f. of office, 64,000 s.f. of retail and a 160-key hotel Sunrise Valley Drive Sekas Homes Former API headquarters will be redeveloped into 34 townhomes and 10 condo units RTC West JBG Will add two residential buildings and two additional office buildings to the site. The second phase will include 675,000 s.f. of residential in two buildings, 650,000 s.f. of office in three buildings and ground floor retail Old Reston Avenue Renaissance Centro Planned 115 unit apartment building Colts Neck Road Atlantic Realty Companies 210 unit apartment building to begin construction in December Reston Parkway /1831 Michael Faraday Drive site Pulte Homes/Rooney 44 residences 27. Reston Summit JBG Planning an additional 300,000 s.f. of office 28. Triangle Park Linden Development 6.3 acre site. Plans for office, retail and residential 29. Reston Town Center North 49 acre site. Will include housing, retail, a new library, health services building and 90,000-s.f. indoor recreation center Sunset Hills Road Dulles Toll Road Sunrise Technology Park CoreSite Realty Plan to convert one 48,000 s.f. building into data center and build two additional 92,000 s.f. buildings. Total buildout will include 660,000 s.f. of data centers 31. Isaac Newton Square Commercial Condominium Management Company 3.0 acre site. Redevelop to a 392,600 s.f. apartment building with 413 units 32. Sunset Hills Professional Center Comstock Retail, residential and office Wiehle Avenue Sunrise Valley Drive Sunrise Valley Drive Redevelopment Rooney Properties 54 townhomes 34. Excelsior by Lerner 2 15-story residential buildings with 457 units 5 6 8
10 Improved Road Network and Public Benefits Planned Streetscape Improvements Reston Station Boulevard 9
11 Reston Station: The Heart of the Reston Station Neighborhood 10
12 Project Design OFFICE 1900 Reston Metro Plaza: 365,000 SF Class A Trophy Office designed by internationally renowned architect, Helmut Jahn Office Building 2: 250,000 SF Class A Office with dedicated parking and 2-story plaza level retail Office Building 3: 150,000 SF Class A Office with dedicated parking and 2-story plaza level retail RESIDENTIAL Experience the first residence of its kind towering above the Silver Line. Featuring luxury studio, one, two and three bedroom + den apartments. BLVD Reston Station sets a standard for transit-oriented living in the Metropolitan Washington Region. HOTEL Comstock is working with its design team on plans for a full service hotel that will include more than 200 rooms and unrivaled amenities including multiple ballrooms, meeting rooms and community spaces, fitness facilities, spa, upscale retail, and world-class restaurants. 11
13 Phase II: Reston Station Promenade SITE PLAN OB2 Metro OB3 Phase I: Reston Station OB1 BLVD Phase II: Reston Station Promenade Aperture Apartments Bozzuto PROPOSED STREET NETWORK PROPOSED LAND USE AND DENSITY SUNSET HILL ROAD PROGRAM DENSITY PARKING RATIO RESIDENTIAL RETAIL OFFICE/HOTEL PARKING 540,000sf 80,000sf 160,000sf Below grade 1.4/unit = /1,000sf = /1,000sf = 416 n/a TOTAL 780,000sf 1,576 spaces RESTON STATION BLVD 12
14 Welcome to Reston Station The only fully integrated Transit-Oriented Development in Northern Virginia Reston Station, Northern Virginia s most anticipated mixed-use, transit oriented development is quickly becoming the urban focal-point of the Dulles Corridor. Spanning more than 35 acres located at the threshold of one of the busiest Metro Stations in the Washington, DC area, the Reston Station neighborhood is already home to more than one million square feet of office space and the BLVD luxury tower. The new urban landscape is transforming the area with numerous Trophy-Class and Class-A office towers, thousands of new residential units, world class hotels, and a growing list of high quality restaurants, retailers, and regularly scheduled community activities. Strategically located midway between Dulles International Airport and Tyson s Corner, the urban core of Reston Station sits atop the only fully integrated transit facility in Northern Virginia. Reston Station accommodates upwards of 25,000 daily commuters (over 5 million annually) with more than 3,500 underground commuter parking spaces, an indoor transit bus facility that accommodates more than 100 commuter buses per hour, numerous state-of-the-art electric vehicle charging stations, and abundant bike storage facilities. With world class architecture, an unmatched level of services and convenience, and trend setting amenities and community spaces perched directly above the Dulles Corridor s only Metro rail transit facility, Reston Station provides a unique opportunity for high profile corporate offices, and highly visible retail, restaurant and entertainment venues. 13
15 Craig Cheney (703) Dallon Cheney (703) Metro Center Dr, Reston, VA comstockcompanies.com Nicholas Clemente (703) Christine Masney (301)
16 1904 RESTON METRO PLAZA RESTON, VA RESTONSTATION.COM facebook.com/restonstation twitter.com/reston_station
1904 RESTON METRO PLAZA RESTON, VA 20190
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