The end has arrived for J.R.’s Stockyards Inn, where Tysons’ penchant for steakhouses began more than four decades ago.
According to Fairfax County land records, J.R.’s Custom Catering sold the two-story restaurant-turned-banquet hall at 8130 Watson Street for $15.5 million on Dec. 28. The 1.18-acre property hit the market last March.
Buyer AM Tysons LLC is registered at the same address as the corporate headquarters of Macerich, the real estate firm that owns Tysons Corner Center.
The Washington Business Journal reported on Friday (Jan. 21) that Stockyards Inn closed earlier this year, and J.R.’s anticipates that the building will be torn down to make way for new development.
The county’s property record says the sale price “reflects anticipated redevelopment.”
A Macerich spokesperson told Tysons Reporter that they “are unable to comment” at this time, and efforts to contact J.R.’s Custom Catering were not returned by press time.
One of the area’s first restaurants outside of the mall, J.R.’s Stockyards Inn opened in 1978 as Tysons’ original steakhouse, according to its website, which says the venue became famous for its beef and hosted many political, sports, and entertainment figures over the years.
The restaurant closed in 2011, as the venue turned into a banquet hall for private events and catering operations.
The Fairfax County Board of Supervisors approved a rezoning in October 2020 that would enable the property to be replaced with a 26-story mixed-use residential tower, but it’s unclear whether Macerich intends to revise that proposal at all.
The real estate company is currently seeking county approval for additional development at Tysons Corner Center, which is located just across the street from J.R.’s Stockyards Inn on the other side of International Drive.
J.R.’s Custom Catering also shut down its Pavilions at Turkey Run in July 2020, as the National Park Service plans to take the former Claude Moore Colonial Farm in a new, still-undetermined direction.
However, the catering business continues to operate out of its facility in Herndon and the Fairfax Hunt Club in Reston. Its recent events have included participating in a Taste of Virginia reception for Gov. Glenn Youngkin’s inauguration on Jan. 15.
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