In The Works: The Top 3 R-B Corridor Developments
Details: These two towers will completely remake the skyline of Rosslyn when they’re complete and hold about 625k SF of space between them.
In 2018, the office tower will be home to 350k SF of CEB offices, moving from across the street in the Waterview Building. JBG developed that building, signed CEB as a tenant, thanks to local incentive money, and sold the building to Prudential Real Estate Advisors for $413M in 2007.
Now CEB and JBG will get almost $15M in incentives and infrastructure improvements from Arlington and Virginia for its massive tower on Lynn Street. But the twin, 390-foot buildings figure to be worth it, coming with a central plaza, two-story retail hub and observation deck.
Marymount University at Ballston Center
Developer: The Shooshan Co
Details: The old “Blue Goose” building at the corner of North Glebe Road and Fairfax Drive—the most prominent intersection in Ballston—was an undeniable eyesore.
When Marymount decided it wanted an upgrade, The Shooshan Co—which is developing the two-block, mixed-use, eight-building Liberty Center a few streets away—won an open developer competition for the site.
Expected to arrive in summer 2017, the building on the right above will offer 267 apartments across nine stories. It will sit next to a sparkling, 166k SF office and classroom building that Marymount will occupy when it opens next year.
Developer: Forest City
Details: The complete gutting of the 580k SF Ballston Common Mall has been a long time coming.
After years of stale business—and losing customers to the Pentagon City Mall and Tysons Corner just a few miles away— Forest City is turning it from an out-of-date enclosed mall to an open air town center, with residential and office components on top.
Phase 1 is slated to be completed in 2018.