Joint Venture to Break Ground on $100M Tysons Office Tower Next Year
- Dec 16, 2013
With more than 28 million square feet of office space, Tysons Corner is one of the largest suburban submarkets in the United States. And it’s about to get bigger. At the start of December, American Real Estate Partners and the Association for Manufacturing Technology (AMT) announced they will jointly develop a 200,000-square-foot trophy office building to anchor Tysons’ Arbor Row master-planned district.
The new building will be located at 7901 Westpark Drive, at the intersection of Westpark and Galleria drives, just one block from the Tysons Corner Silver Line station and overlooking the Beltway and the new 495 Express Lanes. The location is home to AMT’s current office building, which will be demolished in order to make room for the new tower. AMT will occupy about 30,000 square feet in the new building.
The project is expected to cost $100 million. It is designed by KGD Architecture, an award-winning, Rosslyn, Va.-based company. The 10-story, glass curtain wall tower will offer soaring views of Northern Virginia. 7901 Westpark will also feature a 200-seat conference center, complete with breakout rooms and state-of-the-art AV support, a rooftop terrace, a fitness center and cafe on the ground floor, and an integrated parking structure.
“We are delighted to be partnering with AMT on what will be one of the most visible and best located office developments in Tysons Corner,” Brian Katz, president of American Real Estate Partners, said in a statement for the press. “7901 Westpark will add dramatically to the Tysons skyline and will bring to this market the type of world-class architecture and amenities sought by leading Washington associations and companies.”
Doug Fleit, CEO of American Real Estate Partners, added that “Tysons has already become the strongest and most amenity-rich office location in Northern Virginia. With our project’s location next to the Metro and adjacent to the HOT Lanes, 7901 Westpark will be the most desirable office building in the market.”
The project is expected to achieve LEED Gold certification. Groundbreaking is scheduled for the fourth quarter of 2014.
Photo credits: KGD Architecture