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Capital One Rising

You’d have to be oblivious to miss all the tower cranes located at the Capital One property in Tysons. For the past several months they have been hovering over a pit where the foundations and piers for the new high rise tower were being constructed, but metro riders and folks headed to work at the current Capital One headquarters have probably begun to notice the new building that has emerged from the pit.

CapitalOneDecember02It’s not much to look at yet, about 1/20th of the final height of the building, but with vertical construction in full swing the changes are about to become much more drastic at the Capital One campus. Speaking of changes, Capital One has returned to Fairfax County to attain approval of final development plans on three more buildings. Washington Business Journal reports the three buildings will be built atop an urban format Wegmans which was announced earlier this year.

With three new buildings headed at the same time to the County for approval, Capital One is indicating how serious they are about building a TOD neighborhood, and building one immediately. Grocery anchors are usually one of the biggest catalysts for follow on development, and with a Whole Foods planned to begin construction in 2016 just 1 mile away, timing to begin at Capital One is clearly becoming more critical.

Just another example of how the McLean Station region of Tysons is seeing incomparable growth this year with no signs of slowing down.




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