The Silver Line of the Washington DC metro is the silver lining of the Tysons Corner area. The Silver Line will cover 23 miles and will have four new Metrorail stations in the Tysons area alone. The first phase opened in July 2014 and has changed the landscape of the region.
Prior to the Silver Line being operational, the Tysons Corner area was almost entirely vehicle dependent. Tysons Corner is currently one of the region’s most congested areas as it brings together several major highways, shopping centers representing over 4 million square feet of space, corporation headquarters and other businesses with an employment base of over 110,000 and 26 million square feet of office space. In fact Tysons Corner is currently Virginia’s largest office market, the 12th largest business district in the United States, about the same size as Denver!
Tysons Corner is mid-way between Washington DC and the Washington Dulles International Airport. Tysons Corner is at the intersection of the Capital Beltway (I-495) and the Dulles Toll Road (Rte. 267) and is bisected by two other major roads: Leesburg Pike (Route 7) and Chain Bridge Road (Route 123). Taking some of the cars off these roadways is one of the most significant aspects of the Silver Line being the Silver Lining of Tysons Corner!
Tysons Corner is one of the great shopping Mecca’s of the world, boasting both Tysons Corner Center and Tysons Galleria in addition to numerous strip centers and destination shopping locations. The major retailers include: Macy’s, Bloomingdales, Nordstrom, Neiman Marcus, Saks Fifth Avenue, Ann Taylor, Barnes &Noble, Brooks Brothers, L.L. Bean and Eddie Bauer. Further there are numerous boutiques, restaurants and clubs, hotels and entertainment venues, making it one of the most desired destinations in the region.
Tysons Corner is called headquarters for a number of major corporations, including Booz Allen Hamilton, Capital One, Freddie Mac, Gannett/USA Today, Hilton Worldwide, MicroStrategy, National Automobile Association and most recently SAIC. The Silver Line means ease of travel between Tysons Corner and points such as the Pentagon, the downtown District of Columbia government and business areas, Reagan National Airport and eventually the Washington Dulles International Airport.
The Tysons Land Use Task Force has created a vision to incorporate an appropriate mix of commercial, retail, residential with the transit facilities as well as parks, open space, arts, cultural and community amenities. According to the U.S. Census in 2010 there were 19,627 people who called Tysons Corner home. Planners are projecting 100,000 residents for the area. The Silver Line is truly the silver lining for Tysons Corner!
The best way to understand the real estate market is to work with an experienced Realtor that is intimately familiar with the market nuances. Karen Briscoe and Lizzy Conroy are active and experienced Realtors® in the Northern Virginia, Washington DC and suburban Maryland market place. They and their team of agents are available to help in selling and buying of both personal and investment real estate. Please contact via the means most convenient for you: www.HBCRealtyGroup.com, 703-734-0192, Homes@HBCRealtyGroup.com.