Re-printed from Real Estate Biznow
TYSON’S CORNER, Jan 9, 2013 – Around Tysons’ four new Metro stations, new developments seem to pop up by the day. Our cameras caught up yesterday with the man helping change the game.
Georgelas Group partner Aaron Georgelas tells us their firm’s Spring Hill Station project will be a model of mixed-use transit-oriented development, to include up to 6M SF across 13 buildings. He’s been ahead of the curve in shaping the space around the new Metro stops, as Fairfax County officials came to him four years ago needing a plan for how development around the stations would work.
Aaron says the first phase of the project, 400 residential units on a site Georgelas Group sold to Greystar, will deliver next year (that’s what those cranes are for). And though they won’t break ground on office space until securing anchor tenants, they’re chasing opportunities with GSA agencies and government contractors. Once the Metro is established, he adds, office growth should tick way up as companies gain access to millions of (ideally young) new employees. More keys to growing Tysons will be creating a walkable street grid and organic development growth as the market dictates rather than overbuilding.
Aaron will be among the speakers at our big Tysons event Jan. 25 at the Hilton McLean. This won’t be your grandfather’s Bisnow event, though, as we’re adding a golf ball hitting station (with pro assistance) and mini manicures, among other fun stuff, as part of the pre-event networking. Whether we turn you in to the next Rory McIlroy, however, is up to you.