A Maryland-based real estate firm recently purchased part of the Arbor Row development in Tysons.
Washington Property Co. announced it bought a 5.2-acre slice of the 2.5-million-square-foot project last week, according to the Washington Business Journal.
“WPC now plans to build about 700 apartments and 8,000 square feet of retail on the site, which is located at the intersection of Westpark Drive and West Branch Drive,” according to WBJ.
Arbor Row’s overarching plan is to transform the back end of Tysons Galleria with a variety of mixed-use buildings. The portion of the project was offered for sale earlier this year after Cityline Partners decided not to follow through on its development plans for the site.
The new owner hopes to start construction within the next two years, WBJ wrote.
Images via CBRE