Commercial Properties for Sale in Tysons Corner VA
Tysons Corner in Northern Virginia is growing by leaps and bounds and that means a strong market for commercial properties for sale. This community, which dates back to the Civil War era, stepped into modern prominence when the Tysons Corner Shopping Center was born in the early 1960s. The expansion took another large step forward with the delivery of Tysons Galleria in 1988.
The city’s retail boom influenced a forward thinking transition that is still going strong. In fact, the current population of about 20,000 residents is expected to swell to 100,000 by 2050.
Commercial Properties for Sale in Tysons Corner
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This ambitious plan from Fairfax County and business leaders envisions a 24-hour work, live and play urban center with up to 200,000 jobs and a highly walkable environment. Needless to say, commercial properties for sale will be much in demand in a growing city that is losing the “Corner” tag and transcending simply to “Tysons.”
The scope of this transformative project means that commercial properties for sale in Tysons Corner will be aggressively pursued, with developers doing their best to carve out large contiguous parcels with which to create multi-building projects. But no guts, no glory for this enterprising city that was once described as a “boomer” in the book “Edge City: Life on the New Frontier.”
There is little doubt that commercial leasing will also play a major role in Tyson’s continued development. But an argument can be made that purchasing a piece of the dream cements the opportunity for long term profit.The city’s expansion includes pushing new construction out toward its borders. In fact, a similar expansion plan from the affluent community of McLean to the northeast, means that undeveloped areas are steadily filling in.
In other words, commercial properties for sale in Tysons Corner, Virginia, are a significant investment in Northern Virginia’s ongoing economic growth, and play strongly into the evolution of the Washington Metropolitan region on whole. Call District Partners at Compass to learn more, 202-798-3600.