Tysons Developer Pitches 1.5M SF Project Near Spring Hill Station
McLean-based Georgelas Group, which already has a 6M SF development in the works near the station, has filed an application for an adjacent project that calls for roughly 1.5M SF of additional density, the Washington Business Journal reports.
The development, dubbed Spring Hill Station North, could include 1.3M SF of residential space, a 170K SF hotel and 75K SF of retail. The residential space could be split among three buildings with 400 units each, but the developer would also have the option to switch two of the buildings to office, totaling nearly 800K SF, if the office market improves.
The $450M project would be built on a 7-acre site on Tyco Road. It would sit just north of Georgelas Group's Spring Hill Station development site. The developer has built 800 apartments and 160 workforce housing units on that site and still has over 5M SF of office, retail, hotel and residential space it plans to build over the next 20 years.
Also next to the Spring Hill Metro station, Clemente Development is planning a 3M SF project that would include the region's tallest tower. The project would cover 8 acres and include three office towers, one of them reaching 600 feet tall, plus two residential buildings, one combined hotel-and-condo building and ground-floor retail.