Rooney Properties, which already has a 243-unit project planned near the Wiehle-Reston East station, is acquiring an adjacent piece of land to build more multifamily.
The developer is buying a 2.9-acre site from The Meridian Group with plans to build 175 multifamily units and 13 townhouses, the Washington Business Journal reports.
The site, currently zoned as industrial, is a section of a nine-acre office property Meridian recently acquired at 11111 Sunset Hills Road. The adjacent parcel Rooney owns at 1831 Michael Faraday Drive is also zoned industrial, and the developer is looking to get both sites rezoned for multifamily.
This proposal is just the latest in a crowded pipeline near the Wiehle-Reston East station. Comstock has submitted plans for 500 residential units, 178k SF of office or hotel, and 91k SF of retail. JBG and EYA are planning a 1.6M SF development on a 17.5-acre site near the station. Vornado, which is finalizing its merger with JBG, also has a four-phase, 1.5M SF mixed-use project planned for the area.
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