Three major developers advance ‘Midline’ mixed-use project in RestonThe Washington Business Journal September 7, 2018
A trio of big-name Greater Washington developers are advancing plans for a 1.8 million-square-foot mixed-use development near the Wiehle-Reston East Metro station.
Pending county approval, the 17.5-acre development will transform a series of parcels east of Wiehle Avenue and south of Sunset Hills Road into residential, retail, an independent senior living center and open space, among other uses. It includes 1.2 million square feet of residential serving up to 1,500 residents, 260,000 square feet of office and as much as 250,000 square feet of retail.
Bailey Edelson, JBG Smith’s senior vice president of development, said the mix of uses planned for Midline has been “pretty consistent” throughout the two-year planning process. The only major changes include more open space along Reston Station Boulevard and additional green space overall. She expects the Board of Supervisors to vote on the project in October, but no date is scheduled yet.
Edelson said there’s “no construction timeline at this point,” but the project could come online within the next five to 10 years.
“Particularly with 17.5 acres, we have a real opportunity to create a new neighborhood here, ” Edelson said. “The mix of uses really does reach a wide audience in terms of lifestyle, ages, families.”
The project involves three land owners: A JBG fund, along with EYA, is under contract to purchase 1860 Michael Faraday Drive, while Chevy Chase Land owns 1840 Michael Faraday Drive. The property is largely developed with low-rise office buildings, though the surrounding area has been approved for much higher densities and a mix of uses.