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Cityline Partners plans 40-acre Tysons Corner transformation | Chain Store Age
Cityline Partners plans 40-acre Tysons Corner transformation McLean, Va. -- McLean, Va.-based Cityline Partners said Monday it has introduced a plan for the long-term transformation of about 40 acres of land in Tysons Corner, Va., into an integrated mix of office, residential, hotel, retail, and civic uses surrounding an improved Scotts Run Stream Valley Park. Cityline Partners, a subsidiary of New York City-based DLJ Real Estate Capital Partners, said it has filed an application with Fairfax County, Va., to rezone the property, currently referred to as Scotts Run Station, to fulfill the vision of the county’s recently adopted Comprehensive Plan for the Tysons Corner Urban Center. Cityline is proposing a mix of uses totaling approximately 8.5 million sq. ft. “This signature gateway site, with extensive high-visibility road frontage and all located within walking distance of Metro, provides a unique opportunity to create a place for people to live, work, shop, play, and stay,” said Donna Shafer, executive VP, Cityline Partners. “The redevelopment will take many years to complete, and will respond to evolving market conditions.” The proposed development includes 120,000 sq. ft. of ground-floor retail space, 11 office buildings, nine multi-family residential buildings and a hotel.
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