It's official. Rosslyn Plaza will be totally redeveloped. Washington Business Journal reported that the Arlington County Board gave the green light to Vornado and Gould Property Co. to complete the five-phase redevelopment of the 7.65-acre block.
The plans are for five new buildings, spanning a total of 2.5 million square feet. These buildings will entail 1.8 million square feet of office space, 546,487 square feet of residential space with 550 total units, 45,000 square feet of retail, and finally a 130,000-square-foot, 200-key hotel. There are also plans for a new, 0.81-acre public park. 2,168 parking spaces will also be constructed.
Currently, the location houses the Spectrum Theater, four office buildings, and two residential buildings, all of which will be razed, according to BisNow.
There are no reports yet on when construction will begin.
• Rosslyn redevelopment plan approved by Arlington County Board [Washington Business Journal]
• Vornado, Gould Receive Green Light For Rosslyn Plaza Plans [BisNow]
• Revitalizing Rosslyn Plaza with 2.5M SF of Construction [Curbed DC]