The Hub, formerly known as Dulles World Center (DWC), is slated for a billion-dollar buildout to become an iconic, 24-hour mixed-use gateway combining retail, entertainment, multi-family residential, office, and hotel uses. A new joint venture has launched development of this 85-acre site on Metrorail’s Silver Line less than one mile from Washington Dulles International Airport.
TenPenh restaurant, which operated in Washington, DC from 2000 to 2011, is poised for a revival in a new location. Passion Food Hospitality has signed a lease for 6,395 square feet of space at Washington REIT’s newly renovated Silverline Center in the heart of Tysons, VA. Washington REIT also has leased retail space at Silverline Center to Bourbon Coffee. Both new restaurants will open in 2016.
A partnership of Atlantic Realty Companies (ARC) of Tysons Corner, VA and Angelo, Gordon & Co. (AG) of New York City has acquired four office buildings totaling 499,696 square feet in Reston, VA for approximately $82 million. The properties are strategically located near the Dulles Access Road and the new Silver Line Metro station. The portfolio is 50 percent leased to more than 40 tenants including Reston Association and offices of Wal-Mart. Eastdil Secured brokered the transaction.