Loudoun/Dulles Corridor (cont.)

Guess who’s taking the Silver Line? Comstock Partners director Maggie Parker says 20% of inbound riders at Wiehle-Reston East Station are coming from Prince Georges County. The line is seeing a total of 9,950 boardings per day with about 20k people riding. It’s one of several amenities making the Dulles Corridor attractive to tenants and investors. Maggie says ridership is strong at Wiehle because of its parking and bus network – 60 buses go through per hour.

Herndon mayor Lisa Merkel is hoping riders, especially tourists coming from Dulles, will stop at the only official town (with a mayor and council) on the Silver Line. Herndon rezoned land around the stop and started approving projects in its downtown to prepare for the station's opening in 2019. Lisa says she’s worked with the community, along with the town council, to stress that urban neighborhoods help build community. Some residents have been concerned that Herndon would lose its charm.

The Dulles Corridor is also getting renewed attention from tenants. EDGE Commercial Real Estate SVP Scott Rabin says he’s seeing companies moving from Maryland to Virginia for its friendlier business environment. And they're even moving from nearby submarkets. He worked on a lease in Tysons for a company moving from Fairfax. He expects the Silver Line to increase this trend.

Many of the companies growing and looking for space are cybersecurity firms, says Brandywine Realty Trust director Jerry Kilkenny. He's also seeing more redevelopment projects trying to create a live-work environment. His company has been investing in adding amenities to existing office parks and flagging office products in the firm’s portfolio that have the ability to add residential.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Northern Virginia Office Tower Sells For Double Its 2024 Price

Design Plans Revealed For RFK Stadium Parking Garages, Headed To Review

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient