Brookfield Properties Files Plans For Massive Mixed-Use Project In Reston
Brookfield Properties has filed a proposal with Fairfax County to rezone two of its existing office properties to allow for a massive mixed-use development.
The company is seeking the change for its two office buildings known as One and Two Reston Crescent, which are at the corner of Reston Parkway at 12000 and 12018 Sunrise Valley Dr and were constructed in 2007. The application is under quality control review prior to official acceptance by Fairfax County, RestonNow reports.
Brookfield’s plans call for 2,260 residential units, 1.2M SF of offices, and at least 64k SF of retail. A 160-key hotel could also be part of the final plans. The site is about a half-mile from the future Reston Town Center Metro station, which is scheduled to be up and running in 2020 (but we're not holding our breath).
One and Two Reston Crescent are in the Reston Town Center Transit Station area and designated Transit Station Mixed Use. Development within that zone typically seeks to maintain an equal mix of residential and nonresidential uses.
Not too far away, the second phase of development for JBG Cos’ Reston Heights is under construction. [RN]
