Planning Commission Hears Capital One Bank's Redevelopment Proposal for Tysons

July 25, 2012

News Highlights

  • Second redevelopment plan to transform Tysons into a green, walkable urban center to be heard by the Planning commission tonight.
  • Capital One Bank's plan calls for about 4.4 million square feet of new mixed use development that includes office, residential, retail and hotel space.
  • Planning Commission will make a recommendation to the Board of Supervisors on the proposal.

Tonight, the Fairfax County Planning Commission will review the second proposal to redevelop Tysons into a walkable, green urban center. The body will take up Capital One Bank’s plan to build about 4.4 million square feet of new, mixed use development.

Illustration of Capital One Bank's redevelopment proposal for their Tysons property.

The future development would add to the bank’s existing 26-acre campus, which sits between the Beltway and Route 123. The entire project will be within a quarter mile of the McLean Metro Station, one of the four new stations in Tysons that are scheduled to open next year as part of the Dulles Rail project.

The bank plans to keep its current 14-story headquarters building plus the adjoining conference facility. When finally completed, the project may add another 12 high-rise buildings to site. This includes 3.1 million square feet of office space, at least 800 residential units, two hotels, shops, and green space.

Capital One’s plan incorporates many items that will help make Tysons a green, pedestrian friendly urban center, including:

  • Green Buildings: The bank will seek LEED-NC certification for office spaces and LEED certification, or the equivalent, for all new residential development. Green roofs will cover 40 percent of the rooftop area of the development as a whole.
  • Workforce Housing: Following the county’s goal for Tysons, 20 percent of the residential units will be affordable housing, and the bank will contribute money to a county fund to provide workforce housing elsewhere in Tysons.
  • Parks and Green Space: In total, the plan calls for 4.5 acres of public park space, including a Common Green and park near the McLean Metro station. The commons includes a 100 by 140-foot rectangular field with synthetic turf and lights. Capital One also will partner with another developer to build a full-size field at the site of The Commons apartments, south of Route 123 along Anderson Road.
  • Stormwater: The development will capture the first inch of rain, a stated goal of Tysons land use plan. This will be done using tree box filters, pervious hardscapes, green roofs or other low-impact development techniques.

Following tonight’s hearing, the Planning Commission will make a recommendation on Capital One’s proposal. It then goes to the Fairfax County Board of Supervisors for final action. They are scheduled to hold a public hearing on the plan in September.


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