The first piece of The View at Tysons project has been acquired. According to Bisnow, the project’s developers acquired a 1.8-acre parcel, located at the corner of Leesburg Pike and Tyco Road in Tysons, Virginia, for $26 million. The plan for the site is to build a 48-story, mixed-use tower that would feature retail on the first two floors. It would also include a hotel on the following 13 stores and condos at the top.
At 615 feet high, this tower would be 60 feet taller than the Washington Monument, making it the tallest in the region.
The entire 2.8 million-square-foot project that this project will be a part of, known as The View at Tysons, will also include two apartment buildings, two office buildings, a four-acre public plaza as well as 44,000 square feet of retail and a 25,000-square-foot performing arts center.
Bisnow further reported that the developers are under contract to buy an adjacent parcel, spanning more than 7 acres. There are also plans to possibly purchase small parcels beside the site as well.
The developers behind the project are Clemente Development and its Saudi investment partner, operating as Tysons Development LLC. The architecture firm is Genser.