Morning Notes

I-66 Tolls Shifted Behavior, Did Not Improve Traffic — “The new high-occupancy toll lanes on one of the busiest highways in the Washington region have sparked dramatic shifts in commuter behavior, prompting motorists to alter their commute times and routes, data show, while yielding tolls as high as $47.50 — some of the highest per mile in the country.” [Washington Post]

‘Green’ Vienna Businesses Recognized — “Nine Vienna businesses who have successfully completed the Town’s 2018 Sustainability Challenge were recognized at last night’s Town Council meeting… Through the program, certified businesses tally points on a checklist of green practices that they undertake as part of day-to-day operations.” [FairfaxNews]

Local Restaurants Open On Christmas — Staying in town for the holidays and planning to dine out? Patch has compiled a list of McLean, Vienna and Tysons restaurants that are planning to remain open on Christmas Eve and Christmas Day. [Patch, Patch]

Rough Night for Silver Line Commuters — Those heading home on the Silver Line last night faced delays, offloading and other issues during the evening commute due to a track problem outside of Foggy Bottom. [Twitter, Twitter]

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Morning Notes

Stomping Ground Coming to Tysons Galleria — “Stomping Ground, a coffee shop and biscuit-themed restaurant that after more than three years in business has become the epicenter of Del Ray’s Mount Vernon Avenue, will open a second location inside of the former Isabella Eatery space in Tysons Galleria.” [Northern Virginia Magazine]

Fairfax Schools on Two Hour Delay — All Fairfax County public schools are opening two hours late due to concerns following yesterday’s snowy weather. School offices and central offices opened on time. [Twitter]

Track Testing for Silver Line Phase II — “Workers constructing Phase II of the Dulles Corridor Metrorail Project recently rolled out a strange-looking piece of equipment called an Amberg IMS 5000… The tool, which somewhat resembles a yellow scooter, has been employed by the Metropolitan Washington Airports Authority… to survey and assess project data on Phase 2 of the Silver Line.” [VivaTysons]

New Vienna Mural Almost Done — “Despite crummy weather and vehicles and pedestrians passing close by, two artists nearly have completed a panoramic mural of Vienna landmarks on the Vienna Shopping Center’s rear wall.” [InsideNova]

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Developers seeking an alternative to the increasingly built-up Greensboro Metro station might be looking one stop north.

Dominion Square, an 18-acre site adjacent to the Spring Hill Metro station, is for sale, as first reported by the Washington Business Journal. The site, which encompasses portions of two existing redevelopment plans, has already been approved for 3.6 million square feet of mixed-use development, according to a press release (below).

Newmark Knight Frank, a real estate advisory firm, has been selected to help market the site.

The land is currently occupied by auto showrooms and sale lots, including Sheehy Infiniti of Tysons, Honda of Tysons Corner, Priority Mazda and Priority Nissan. The dealerships currently have leases that can be terminated to make way for the development when the project is ready to start construction.

More from the press release:

Newmark Knight Frank (NKF) has announced it has been selected as the exclusive advisor for the sale of Dominion Square in Tysons, VA. The 18-acre site is located directly adjacent to the Spring Hill Metro Station, currently the first eastbound stop on the Silver Line.

The site is approved for 3.6 million square feet of mixed-use development, comprises three separate parcels and is unaffiliated with a specific developer. The property includes terminable leases for four existing car dealership sites, offering built-in income and flexibility allowing investors to react strategically to demand.

Dominion Square represents a once-in-a-generation opportunity to shape one of the DC metro area’s premier submarkets. Located at the intersection of the I-495 Beltway and the Dulles Toll Road, Tysons is a major economic and employment hub,” explained Mark Anstine, executive managing director of land services at NKF. “With the ongoing construction of the Silver Line slated to connect Dulles Airport to downtown Washington, DC in 2020, the area boasts a perfect combination of mass transit, new urbanized residential and retail development, drawing significant interest from regional and national companies.”

With approval now in place for more than 2 million square feet of office, 1.1 million square feet of residential, 185,000 square feet of retail and a 205,000-square-foot hotel, Dominion Square is poised to become an urbanized and amenitized scene where employees can live and play where they work. Since Tysons is the 12th  largest office market in the United States headquartering numerous companies–including many of the Fortune 500, it boasts one of the country’s most highly-educated and diverse workforces.

Map via Google Maps

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While the Silver Line may be bringing new market tenants to Reston and Tysons, so far it’s had little impact on changing commutes.

According to a new study by JLL, an investment management company, 1.1 million square feet of new office space has emerged in Tysons within a half-mile of a Metrorail station. Rents for higher-end office space on-Metro in Tysons also comes at a 16% premium compared to off-Metro locations.

But while Metro ridership has continued to increase in Tysons, the study notes that nearby residents using the Metro to commute has increased less than 10 percent since the Metro opened. Some of this can likely be attributed to a lack of parking at the stations, which Fairfax County Supervisor John Foust, who represents McLean, said keeps many residents in his districts from using the Metro to commute.

Further west, Reston has seen a similar impact on office markets. According to the study:

“In the Wiehle micromarket, average Class A rents have increased 30% since 2012, and Reston also saw the delivery of its first Trophy building on-Metro — 1900 Reston Metro Plaza — with asking rents in the $50 p.s.f. range, a rate not seen before in the Toll Road market outside Reston Town Center.”

Like their neighbors in Tysons, Reston residents have been slow to give up their cars. Of commuters, less than 10 percent coming from Reston use the Metro.

More residential developments planned over the next few years near the Metro in both Reston and Tysons which will likely result in a gradually increasing amount of Metro ridership in both locations.

The study also notes that companies moving to and growing in the area, particularly in the tech sector, could also bring more Metro ridership to the area by reverse commuters: people living in Washington, D.C. or Arlington and traveling out to Tysons.

Image via JLL

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