Are AndresenTysons Corner Real Estate For Sale
your sixth sense in real estate
As we have written about extensively the Dunn Loring Merrifield Metro area is seeing a massive redevelopment these days. From being a patchwork of new developments (Halstead at the Metro, Wilton House, Westbriar etc) and old light commercial businesses (Remington Mulch, Car repair shops, towing companies etc) it is now turning into a viable and walkable town center destination of its own.
The 15.4 acrea area adjacent to the entry of the Dunn Loring-Merrifield Metro station (at the intersection of Gallows Road and I-66) has been a low density property since the station was built consisting of at-level parking and bus stops. The residents in the area has traded the lack of any shopping around the metro for the convenience of easy access to the station.
In 2003 metro solicited a development agreement and in since 2005 there has been plans for what to do with the property in an agreement between Metro and MCRT. The project is scheduled to be completed in phases over the next 4 years and is to include:
- 628 Residential units (likely rentals due to the soft real estate market)
- 125,000 square feet for retail to include a new Harris Teeter supermarket.
- The current at-level 1,355 parking spots will be moved to parking garages. The garages will hold about 2,000 spaces total. There will also be about 37 kiss & ride parking spaces and increased accessibility for pedestrians and bicyclists.
The new development will be a great use of the current underutilized space and will also help give the area close to the metro a face lift. Together with the Mosaic district and Halstead Square down the street things are really starting to get exciting for the area!
If you would like to make the Dunn Loring and Merrifield area your home, please contact us!