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Event Host

JW Marriott Reston Station

JW Marriott Reston Station

Located in the heart of Reston Station, the first JW Marriott in Virginia, the JW Marriott Reston Station is Northern Virginia’s newest luxury hotel and a central hub within one of the region’s fastest-growing mixed-use districts. With more than 40,000 square feet of meeting space and direct access to the Silver Line, it offers a highly accessible setting for bringing the region’s real estate community together. Surrounded by a growing mix of leading employers, residences, and dining, it reflects the continued evolution of Reston as a premier business and lifestyle destination.

Presented By

Speakers and Panels

Victor Hoskins

Victor Hoskins

President & CEO

Fairfax County Economic Development Authority

Chris Clemente

Chris Clemente

CEO

Comstock

Brian Cotter

Brian Cotter

EVP, Commercial Leasing

JBG SMITH

Aakash Thakkar

Aakash Thakkar

Chief Acquisitions Officer

EYA

Chris Love

Chris Love

Managing Parter

Capital City Real Estate

Mike Chiappa

Mike Chiappa

SVP

True Ground Housing

Bailey Edelson

Bailey Edelson

Principal

Buchanan Partners

Erin Cotter

Erin Cotter

VP, Leasing

BXP

Stephen Wilson

Stephen Wilson

President

SCG Development

Steve Coniglio

Steve Coniglio

Regional Partner - Mid Atlantic

Wheelock Communities

Eric Morales

Eric Morales

Market President

United Bank

David Schneider

David Schneider

Land Use Attorney

Holland & Knight

Greg Riegle

Greg Riegle

Partner

McGuireWoods

Kathryn Taylor

Kathryn Taylor

Shareholder, Land Use & Zoning

Walsh, Colucci, Lubeley & Walsh

Victor Hoskins

President & CEO

Fairfax County Economic Development Authority

Victor Hoskins is President and CEO of the Fairfax County (Va.) Economic Development Authority (FCEDA). The FCEDA oversees growth of the largest economy in Virginia, which ranked no. 1 in the 2019 and 2021 CNBC “America’s Top States for Business” study. Previously, he directed economic development in Arlington County, Va., where he led the team that brought Amazon's second headquarters creating 37,500 jobs for Northern Virginia and 100,000 jobs for the Washington, D.C., region, attracting $4 billion in private capital investment and catalyzing creation of two major Technology Innovation Campuses to build the regional tech talent pipeline.

Under Mr. Hoskins’ leadership, the FCEDA launched a multi-faceted talent initiative aimed at attracting, retaining, retraining and growing the workforce in Northern Virginia. With a master’s degree in City Planning from MIT and an Honors undergraduate degree from Dartmouth, he has held executive leadership ranks in real estate in both the public and private sectors. As Deputy Mayor of the District of Columbia, his team transformed Washington with projects such as City Center, the Wharf and Union Market. His career has taken him from Wall Street to Main Street, and he has expanded economies from Los Angeles/Long Beach to the Mid-Atlantic region.

Mr. Hoskins is frequently chosen for lists of the most influential business leaders in Virginia and the Washington area. He is a popular public speaker on economic development and leadership topics, and he has been quoted in Fortune, Forbes and the Washington Post.

Chris Clemente

CEO

Comstock

Chris Clemente founded the Comstock organization in 1985 and has guided its growth and diversification since its inception. Mr. Clemente managed the growth of Comstock as a private enterprise until the 2004 initial public offering of Comstock Homebuilding Companies, Inc. (NASDAQ: CHCI), now known as Comstock Holding Companies®, Inc. (“Comstock” or “Company”). Since the IPO, Mr. Clemente has served as Chairman of the Board and Chief Executive Officer of Comstock and is the largest individual stockholder of the Company. Mr. Clemente chairs Comstock’s Executive Committee, which charts strategic direction, evaluates acquisition opportunities, and oversees strategic partnerships, including multiple public-private partnerships. Mr. Clemente is also Managing Member of Comstock Partners, LC (“Partners”), a family-owned, private company founded by Mr. Clemente in 1999 to focus on commercial real estate development and investment.

Following its IPO, Comstock expanded its for-sale homebuilding operation into multiple key markets in the southeastern United States, while the commercial development operation of Partners remained focused on the Washington, DC market. Following the Great Recession, Comstock scaled back its for-sale homebuilding operation to focus solely on the Washington, DC market. Mr. Clemente managed the two companies as separate firms with distinct management teams and investment objectives until early 2018, when Comstock announced its plan to wind-down its for-sale homebuilding operation and refocus on commercial development, real estate asset management, and real estate related services. To execute this strategic plan, the operating platforms of Comstock and Partners were combined, and changes were made to the management team. To anchor the transition, Partners entered a long-term, cost-plus asset management agreement covering its portfolio of commercial properties, which had grown to include millions of square feet of stabilized buildings and development assets strategically located at key transit stations on Metro’s new Silver Line in the Dulles Corridor of Northern Virginia that have an estimated value at full build out of approximately $3 billion.

Key assets included in the portfolio of managed assets, include; Reston Station, a 4.5 million square foot transit-oriented and mixed-use development covering nearly 40 acres surrounding the terminus station of Phase I of the Silver Line in Reston, Virginia, and Loudoun Station, a 2+ million square foot transit-oriented and mixed-use development located adjacent to the terminus station of Phase II of the Silver Line in Ashburn, Virginia.

Mr. Clemente attended the University of Wisconsin and George Mason University where he studied Business and Psychology. Mr. Clemente and his wife, Tracy Schar, have been long-time supporters of numerous charitable organizations in the Washington, DC region that support international adoptions, foster care programs, and that provide educational, housing and other assistance to families and children in-need.

Brian Cotter

EVP, Commercial Leasing

JBG SMITH

Brian A. Cotter is an Executive Vice President of Commercial Leasing with JBG SMITH, where he

is responsible for the firm’s commercial leasing efforts. Mr. Cotter oversees a portfolio of

properties totaling more than 8 million square feet, along with future development projects in

National Landing, Reston, and the Rosslyn-Ballston Corridor. He also plays a leading role in the

creation and implementation of JBG SMITH’s marketing efforts throughout the DC region.

Prior to joining JBG SMITH, Mr. Cotter spent the previous ten years at Tishman Speyer, where he

focused on office leasing throughout Northern Virginia, Maryland and Washington, DC. During

his tenure at Tishman Speyer, he participated in the completion of more than three million square

feet of transactions. Prior to Tishman Speyer, Brian worked for CBRE in Tysons Corner where he

focused on office research in Northern Virginia. He is an active member of NAIOP Northern

Virginia, a board member of CoreNet Global, and is the immediate past president and current

board member of the Commercial Real Estate Broker Association of Greater Washington, DC.

Aakash Thakkar

Chief Acquisitions Officer

EYA

Aakash Thakkar joined EYA in 2004 as a Development Executive and now is a Executive Vice President for Acquisition and Development with EYA. His responsibilities include overall project stewardship, new deal sourcing and acquisition, site selection, and project development through the design and governmental and community approval process. Mr. Thakkar is a member of and guest speaker for the Urban Land Institute and the District of Columbia Building Industry Association. He is a member of the Smart Growth Recognition Award Jury, the Riverdale Park Mixed-Use Town Center Committee, and of the Hyattsville CDC Board. He was a member of the Obama for American Mid-Atlantic Finance Committee and a co-founder (along with his wife) of the Thakkar/Giallourakis Scholarship Fund for St. John's College High School. Mr. Thakkar has a BS in Accounting and Political Science from LaSalle University and holds both an MBA and a Masters in City and Regional Planning from Rutgers University. Mr. Thakkar is a native Washingtonian.

Chris Love

Managing Parter

Capital City Real Estate

Based in Washington, DC, Chris leads Capital City’s real estate acquisition and development efforts throughout the Mid Atlantic. Prior to joining Capital City, Chris held positions at ZOM Living, UDR and First Capital Realty. Over the course of his career, Chris has sourced, capitalized, and executed on the development of 2,300 multifamily units with a total value of $900M. Chris holds a BS in Business Management, as well as a Minor in Public and Urban Affairs from Virginia Tech. Chris sits on the Industry Advisory Board for the Blackwood Department of Real Estate at Virginia Tech.

Mike Chiappa

SVP

True Ground Housing

Mike Chiappa has served as Senior Vice President of Real Estate

at True Ground Housing Partners since January 2023. He has held

numerous roles at True Ground including Vice President of Real

Estate Development and Director of Real Estate Development.

Mr. Chiappa oversees all aspects of True Ground’s $1 billion+ real

estate development portfolio, including acquisition, entitlement,

financial underwriting, legal documentation, and construction

management, in addition to asset management since September

2022.

Under his leadership, True Ground has significantly expanded

its regional geographic footprint with 25 affordable apartment

communities that house more than 6,000 neighbors. True Ground

has properties across Arlington, Fairfax, and Loudoun counties

in Virginia, Montgomery County, Maryland, and opened its first

community in Washington, DC in 2025. He oversees an additional

1,000+ units under construction, with 1,800+ more in pre-

development across the region.

True Ground has received prestigious awards for its outstanding

contributions to affordable housing, including Best Large

Affordable Housing Project for Unity Homes at Ballston

(Housing&, 2025), Sale Multi-Family Residential Award of

Excellence for The Exchange at Spring Hill Station (NAIOP

Northern Virginia, 2024) and Affordable Housing Finance’s list of

Top Affordable Developers of 2023.

Mr. Chiappa joined True Ground in 2013 and served as the project

manager for the nonprofit’s first 4%/9% hybrid tax credit project,

the award-winning Columbia Hills, a 229-unit development that

was completed in 2018. He has doubled the size of the real estate

team since 2018, attracting top talent to fuel the organization’s

growth.

Prior to joining True Ground, Mike worked for

Berkeley Point Capital, where he underwrote

multifamily properties across the eastern

United States. Mike has over 18 years of

experience in investment management and

financial modeling, including more than 13

years of real estate development experience

focused on Historic and Low Income Housing

Tax Credit projects. Mike is a native Spanish

speaker and has lived with his husband in the

region since 2005.

Bailey Edelson

Principal

Buchanan Partners

Bailey has almost 20 years of real estate experience in entitlement, master planning, development, and investment in a diversity of product types. She is currently responsible for a range of investment and development activities across Buchanan’s portfolio. She joined Buchanan from JBG SMITH, where she oversaw the design, entitlement, and investment in over seven million square feet of mixed-use development in the DC Metro Area. Bailey began her career in the investments group at the JBG Companies and has a background in underwriting and joint venture partnerships. She is a member of Urban Land Institute, participating as a member of the Public/Private Partnership Council, serves as Treasurer and Board Member for the Northern Virginia Housing Alliance, serves as a Board Member for Homestretch, and is a sustaining member of the Junior League of Washington. Bailey holds a Master of Business Administration from Georgetown University’s McDonough School of Business, and she graduated from Brown University with a Bachelor of Arts in Urban Studies

Erin Cotter

VP, Leasing

BXP

Erin Cotter is Leasing Director for BXP in the Washington D.C. region. Erin joined BXP in 2019 and assists with the leasing strategy implementation of BXP’s 5M SF+ Reston Town Center (RTC) office portfolio. Erin and her team secured the majority of leasing activity in the Dulles Corridor in 2021, which was of the top performing submarkets in the country for the year. Since joining BXP, Erin has participated in 80 lease transactions totaling over 2M SF and stabilizing the RTC portfolio where the current vacancy rate is ~6%. Prior to joining BXP, she worked for Cushman & Wakefield for 6 years representing tenants and landlords in the Washington D.C. region; and started her career for Davis Carter Scott in marketing. Erin has a degree in Bachelor of Science, Business Administration from Christopher Newport University.

Stephen Wilson

President

SCG Development

A founding member and owner of SCG Development and its affiliated company Stratford Capital Group

(the “Company”), Steve is responsible for the management and oversight of the Company’s property

development activities. Committed to developing high quality affordable and workforce housing to

support healthy, diverse communities, the Company has participated in the capitalization and

development of over 290 properties comprising 35,000 apartment units across 45 states. SCG

Development has active development projects in 12 states and maintains offices in Tysons, Virginia and

Peabody, Massachusetts.

Steve is a frequent panelist at industry events and guest lecturer at various colleges and universities. He

is a graduate of the University of Richmond with a bachelor’s degree in finance and holds an MBA from

The George Washington University. Steve is a 35-year resident of northern Virginia and currently lives in

Vienna with his wife, 3 kids and a dog.

Steve Coniglio

Regional Partner - Mid Atlantic

Wheelock Communities

Steve Coniglio joined Wheelock in 2017 as regional partner with responsibility for the acquisition and development of residential and mixed-use land in the Mid-Atlantic region. Based in Washington, DC, Steve has over 30 years of experience in land acquisition, entitlement, development, sales, and marketing in the residential, commercial and homebuilding arenas including award-winning, master-planned communities in both Northern Virginia and Maryland.

Steve has extensive homebuilder experience, having set up the Mid-Atlantic Division of KB Home and amassing $300M in land assets in the DC MSA in 2 years. Prior to joining KB, Steve served as the Division Director of Land Acquisition for Pulte Homes. Additionally, Steve has considerable private equity experience, managing the Washington office of Sunbrook Partners, the operational affiliate of Westbrook Partners, a private equity firm with close to $20B in investments worldwide. In the Washington DC area Steve was responsible for the acquisition of $100M worth projects containing 2400 Lots and 300,000 SF of retail. Prior to Sunbrook, Steve was the East Coast Principal for LandCap Partners, a similar platform funded by Goldman Sachs and NorthStar Realty Trust. Steve graduated from The College of William and Mary and served in the Army for 20 years.

Eric Morales

Market President

United Bank

Eric Morales is the Maryland Market President of United Bank, a premier community bank headquartered in Greater Washington, D.C. As Market President, he is responsible for the

management and operation of all nine United Bank offices in the Maryland Market, including maintaining client relationships and new business development. Morales has an extensive background in commercial real estate lending, having financed the acquisition and construction of multiple commercial and residential real estate projects in and around the D.C. metro area.

He is also active in the local community, notably with United’s financial literacy programs, educating local youth through the Bank’s Teach Children to Save initiative, and volunteering with

Junior Achievement Finance Park. He has also served on the board of numerous organizations, most recently with the Catholic Business Network of Montgomery County and the Arlington

Chamber of Commerce. Additionally, Eric was a proud recipient of the Washington Business Journal’s 40 under 40 awards in 2024.

Prior to his time at United Bank, Morales worked as a Financial Manager at TIER REIT, Inc. and a senior associate at EY. Morales holds both a Bachelor of Business Administration and a Master of Accounting degree from the University of North Carolina at Chapel Hill.

David Schneider

Land Use Attorney

Holland & Knight

David I. Schneider is a land use attorney in Holland & Knight's Tysons office. David focuses his practice on land use and real estate development where he assists developers and landowners in a wide variety of land use entitlements in jurisdictions throughout Northern Virginia. He effectively and strategically advises clients to help secure rezonings, special exceptions, special use permits, variances and comprehensive plan amendments. David’s experience includes mixed-use and transit-oriented development (TOD), senior housing, medical care facilities, and infill development. He also provides a range of experience advising purchasers, sellers and lenders in land use feasibility studies and due diligence. David adds value to clients' development projects with his holistic and creative approach to land use. From initial feasibility to final approval, he provides timely and cost-effective advice to maximize development potential while navigating the interpersonal aspects of development in this region.

David serves on the Executive Committees of both the Tysons Community Alliance’s Board of Directors and NAIOP Northern Virginia's Board of Directors. As a native of Fairfax County, Virginia, David takes pride in helping the Northern Virginia region evolve through smart development. David currently resides in Fairfax County with his family. In 2023, David earned a spot in the Leadership Center for Excellence and Leadership Fairfax's 40 under 40 class, following his recognition in 2022 as part of the Washington Business Journal's 40 under 40 cohort. David received his B.A. from Tufts University and his J.D. from Emory University School of Law.

Greg Riegle

Partner

McGuireWoods

Gregory A. Riegle advises leading developers, owners, operators,

institutions, lenders, and landlords on complex commercial real estate,

with a focus on land use, zoning, and redevelopment. He is co-leader of

the firm’s Real Estate Transactions Practice Group and leads data center

efforts, a national, cross-disciplinary platform that integrates

environmental, construction, incentives, litigation, labor and employment,

and public affairs. A former urban planner with more than three decades

of experience, Greg aligns entitlement strategy and community

engagement to deliver approvals and minimize risk.

Greg guides projects from feasibility through hearings to closing across

asset classes, including data centers, office and industrial, housing,

retail, hospitality, and master-planned communities. He manages

rezonings, special exceptions and permits, variances, Comprehensive

Plan Amendments, Zoning Ordinance Amendments, and appeals before

authorities across Virginia. Deep relationships with local officials and

civic stakeholders, and fluency with county processes and policies

enable him to anticipate issues, craft solutions, and secure timely

approvals.

A driver of adaptive reuse and mixed-use transformation, Greg has lead

the repositioning of legacy office and retail assets and advanced corridor

strategies that reflect how people live, work, and shop. He drafts and

negotiates development agreements, proffers, zoning opinions, and

easements to align entitlement obligations with economic and

construction realities and to qualify and mitigate development risk. He

also leads integrated teams—land use, environmental permitting,

construction, incentives, and public policy—to accelerate schedules and

protect value, guides capital deployment across development,

ownership, and disposition, and coordinates resources across

jurisdictions to keep strategy, documentation, and execution in lockstep.

Greg is a recognized leader in the data center space, known for guiding

development at scale. He has secured approvals for millions of square

feet of data center space in Virginia’s leading jurisdictions, including the

markets that anchor the Commonwealth’s leadership in digital

infrastructure. His experience spans site selection and assembly,

comprehensive planning and zoning, overlay districts and corridor

strategies, and the infrastructure, environmental, and utility interfaces

essential to reliable operations. He navigates county frameworks with

fluency, including rezonings, special permits, and ordinance amendments

tailored to data center uses, and advises on energy and water planning,

air permitting and backup generation compliance, tax policy,

transportation and access, and noise and design standards. His work is

informed by sustained engagement with Virginia agencies and localities

1,000+ lawyers | 21 offices | mcguirewoods.com | 2

as they refine data center policies, allowing him to anticipate rulemaking

trends and incorporate policy direction into entitlement strategies.

A frequent author and speaker on data center development, regulation,

and market dynamics, Greg translates evolving policy into practical

guidance for owners, operators, and capital providers. Clients engage

him to drive multi-jurisdictional programs that harmonize timelines and

conditions of approval across sites while coordinating the parallel

workstreams—environmental, construction, incentives, and public

affairs—on which delivery depends.

Greg’s Virginia-focused practice is anchored in the legislative and

administrative processes that move complex projects from concept to

approval. His ability to structure proffers and development conditions to

reflect operational realities, construction sequencing, and market

requirements is central to achieving durable outcomes. His leadership in

industry and community organizations keeps him at the forefront of

regional planning and economic development. Consistently recognized

for zoning and land use work in Northern Virginia, he is frequently cited

on infrastructure and data center trends and is committed to

strengthening the communities where clients invest and operate.

Kathryn Taylor

Shareholder, Land Use & Zoning

Walsh, Colucci, Lubeley & Walsh

Kathy Taylor is a native of Northern Virginia and joined the firm in 2018 as a member of the Land Use and Zoning practice group in the

Arlington office. Her practice focuses on securing zoning and land use entitlements, including rezonings, special permits, special

exceptions, and variances, for complex commercial, residential, institutional, and mixed-use projects throughout the region. Kathy counsels

developers, commercial property owners, nonprofit organizations, religious and educational institutions, and private homeowners through

all stages of the development review process, from zoning feasibility and due diligence through post-entitlement issues. She frequently

appears before planning commissions, advisory boards, and local governing bodies across a variety of jurisdictions. Prior to joining the

firm, Kathy clerked for the Honorable Penney S. Azcarate of the Fairfax County Circuit Court and practiced at a boutique litigation firm.

She is a 2021 graduate of the Leadership Fairfax Institute and an active member of the Fairfax Bar Association and the Northern Virginia

Building Industry Association.

Why You Can't Miss this Year's Fairfax State of the Market

What You’ll Learn:

  • How Tysons and Reston are evolving as transit-oriented, mixed-use markets and where the next wave of development is headed

  • Which asset classes and submarkets across Fairfax are attracting the most investor and developer interest

  • How developers are navigating entitlement, planning, and county policy to move projects forward

  • Where capital is flowing in Fairfax and how deals are being structured in today's environment

  • How lenders and equity partners are underwriting risk and what it takes to make projects financially viable

  • What the long-term outlook for Fairfax's commercial real estate market looks like heading into 2027 and beyond

Why This Matters:

Fairfax is entering one of the most dynamic phases of its commercial real estate history. Anchored by two of the region's most transformative submarkets, Tysons and Reston, the county is navigating a new era of transit-oriented development, mixed-use density, and evolving investor strategy along the Silver Line corridor. At the same time, shifting capital markets are forcing developers and lenders to find creative paths to make deals pencil across every asset class. Join Bisnow as we convene Fairfax's top developers, investors, lenders, and public leaders to explore where the market stands today, which opportunities are most compelling, and how the county's next chapter is being written.

For questions, recommendations, comments, press inquiries, or if you are interested in sponsoring, please email Ian Wheeler at ian.wheeler@bisnow.com. To request disability-related accommodations, please contact sabrina.cole@bisnow.com no later than seven business days prior to the event.

Venue

JW Marriott Reston Station
11350 Reston Station Blvd
Reston, Virginia, USA, 20190


Valet:
Daily parking $25, up to 8 hours, per car
Overnight parking $45, daily, per car - includes in&out privileges

Self-parking:
Daily, $15, per car - no in&out privileges
Overnight, $30, per car; no in-and-out privileges

Get Directions

Agenda

Time Activity
8:00 AM
9:00 AM
Registration, Breakfast, and Networking
9:00 AM
9:45 AM
Building Fairfax's Future: Economic Development, Investment, and the Capital Behind Growth

Fairfax remains one of the Mid-Atlantic's most dynamic economic engines, attracting major employers, institutional capital, and transformative development projects. Yet evolving market conditions, federal uncertainty, shifting workplace strategies, and ongoing housing affordability challenges are forcing both public and private stakeholders to rethink how growth is financed and delivered. This panel brings together county leaders, developers, investors, lenders, and major employers to explore Fairfax's economic development agenda, the role of public-private partnerships, what incentives are available to developers and businesses, and where capital is finding opportunities across the county.

9:45 AM
10:30 AM
Tysons and Reston's Next Chapter: The Projects, Trends, and Strategies Defining Fairfax County's Two Most Transformative Markets

Tysons and Reston are the twin engines of Fairfax's commercial real estate market, and both are entering a new phase of growth. Transit-oriented development along the Silver Line continues to reshape how developers, investors, and the county think about density, mixed-use, and long-term value. From large-scale residential and office projects to adaptive reuse and neighborhood retail, the pipeline across both submarkets is active and evolving. Hear from the developers, investors, and planners driving this next chapter on where the most compelling opportunities lie, how projects are getting financed and entitled, and what Tysons and Reston will look like a decade from now.

10:30 AM
10:45 AM
Networking Break
10:45 AM
11:30 AM
Fairfax Development Pipeline: How to Plan, Develop, and Build in Fairfax County

Fairfax's development pipeline spans multifamily housing, mixed-use districts, office repositioning, industrial projects, and transit-oriented communities, but the path from entitlement to delivery has become increasingly complex. Rising construction costs, financing constraints, long permitting and planning times, infrastructure demands, and shifting market fundamentals are forcing developers, county officials, and investors to make difficult decisions about which projects move forward, which get redesigned, and which remain on the shelf. This panel examines the Fairfax's active and planned development pipeline, where growth is concentrating, and what it will take to deliver the next generation of projects.

11:30 AM
12:00 PM
Closing Networking

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