Retrofit Atlas

Office parks · Virginia

Reston Crossing

Imported, unreviewedRedevelopedRetrofit proposedReston, VA

Proposed 3.1M sq ft mixed-use redevelopment (office/housing/retail) by Bernstein, with 2024 construction permits and regional market alignment. · summary, model-written

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Site profile11 elements · what this retrofit is built with · tap a chip for the evidence

Finance and pipeline
Retrofit in the pipelineThis site: …proposed newtypes-extraction · all sites with this
Sold since 2020This site: 2024 Bernstein Management Corporation research-deals · all sites with this
Place
3+ other atlas sites within 10 kmThis site: 14 within 10 km computed · all sites with this
30,000+ vehicles a day on an adjacent roadThis site: 88,879 on 267 fhwa-hpms · all sites with this
County lost 10%+ of retail establishments since 2012This site: -10% census-cbp · all sites with this
County typical rent $2,000+This site: $2,507/mo zillow · all sites with this
Interstate or freeway within 600 mThis site: 267 fhwa-hpms · all sites with this
Strategy
RedevelopedThis site: …replacing them with more than 3.1 million square feet of new development, including 1.48 million square feet of Class A office space, 1.6 million square feet… record · all sites with this
New use
HousingThis site: …re feet of Class A office space, 1.6 million square feet of multifamily housing and 31,000 square feet of ground-floor retail newtypes-extraction · all sites with this
OfficeThis site: development, including 1.48 million square feet of Class A office space, 1.6 million square feet of multifamily housing and 3 newtypes-extraction · all sites with this
Retail (continued)This site: multifamily housing and 31,000 square feet of ground-floor retail newtypes-extraction · all sites with this

All elements and lists · Trends

Now

StatusRetrofit proposednewtypes-extraction reported
StrategyRedevelopment, proposedWikipedia no source
New useshousing, office, retailWikipedia no source
What is there nowreplacing them with more than 3.1 million square feet of new development, including 1.48 million square feet of Class A office space, 1.6 million square feet of multifamily housing and 31,000 square feet of ground-floor retailnewtypes-extraction reported
RedeveloperBernstein Management Corporationnewtypes-extraction reported

Deals and debt

DateEventPricePartiesSource
2025Sold$53.0M closedBernstein Management Corporation ← Brookfield Property Partnersffxnow.com
2024Sold$37.2M closedBernstein Management Corporation ← Tishman Speyerffxnow.com

Site context

Housing permits, Fairfax County (VA), 20241,829 units in 5+ unit buildings, 0 in 2–4, 1,032 single-family; 2023: 2,042 in 5+Census BPS
Other atlas sites nearby14 within 10 km, 38 within 25 km: Reston National Golf Course (0.7 km); 10800 Parkridge Boulevard (0.9 km); 10701 Parkridge Boulevard (0.9 km); 10690 Parkridge Boulevard (0.9 km); Alexander Bell Drive (0.9 km)computed
Retail trade in the county, 2025 (BLS QCEW)49,323 jobs in 2,426 establishments; average annual pay $51,506; employment location quotient 0.79; employment +0.8% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 20229,256 jobs; 49 in retail trade, 16 in accommodation and food (workplace blocks summed to tract 51059481202)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)children of low-income (25th percentile) families reached the 46th income percentile as adults; 2.0% incarcerated at the 2010 count (1,030 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)not a low-access tract at 1 mile; poverty rate 9.9%; median family income $79,813; 266 SNAP householdsUSDA ERS
SchoolsFairfax County Public Schools (PK-12); 1 public school within 1 mile: Dogwood ElementaryNCES EDGE
Elevation409 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-2025780 county-logged events: 386 thunderstorm wind, 246 flood, 103 flash flood, 39 hail; $4,587,000 property damage reported; 2 direct deaths; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 20191, 2026-09median list price $544,000 (-8.0% on the year); 93 active listings; median 27 days on market; 22% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 20232,457 establishments (-10%); 49,386 jobs (-1%)Census CBP
Housing market in the countytypical home value $756,212 (+1% 1 yr, +17% 5 yr); typical rent $2,507/mo (+1% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)88,879 vehicles a day on 267 (freeway or expressway, 8 lanes); 1,650 trucks; 21 counted segmentsFHWA HPMS

Summary, model-written

Reston Crossing (Reston, VA) is a proposed redevelopment of an existing office park. Bernstein Management Corporation acquired the site via two 2024-2025 sales (total $90.25M from Brookfield and Tishman Speyer).

Why. The project plans 3.1M sq ft of new development: 1.48M sq ft Class A office, 1.6M sq ft multifamily housing, and 31,000 sq ft retail. It aligns with regional trends: 14 nearby projects within 10km (including 3 proposed office/housing parks within 3km), and housing demand shows 1.2% annual ZHVI growth (2026-09).

Where it stands. Status: proposed. Approved by Fairfax County in 2019. Construction permits issued in 2024 (1,032 units). Traffic: Route 267 (8 lanes, 88,879 ADT) nearby.

For a planner

  • High-volume road access confirmed
  • Regional housing/office market context available
  • 14 competing projects within 10km

For a developer

  • $90.25M acquisition cost
  • 3.1M sq ft new development scope
  • 2024 construction permits filed

What we do not know yet

  • No completion timeline provided
  • No tenant commitments stated
  • No environmental or zoning constraints noted

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

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Multifamily screen

  • already in play: under construction, approved, or sold to a developer with housing plans
  • median rent $2,230
  • housing in the record

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

AnchorsEllucian, Noblis, Blue Origin
CountyFairfax County
Census division5 · South Atlantic
NotesDraft from ffxnow.com, model-extracted, unreviewed: Reston Crossing, an office park with buildings constructed in 1986 and 1998, is proposed to be redeveloped into a mixed-use neighborhood with 1,820 housing units, 3.1 million square feet of development including office and retail, and 4.75 acres of park space.

Not yet recorded: acres, GLA, year opened, original developer, retrofit year. Know it? Tell us.

Timeline

  1. 2019 Fairfax County Board of Supervisors approved the project

Sources

  • Reston Crossing redevelopment revived under new property owner
    2 quoted sentences
    Reston Crossing
    Bernstein Management Corporation is seeking to revive and expand on a mixed-use redevelopment of the Reston Crossing offices that still exists only on paper, nearly seven years after the Fairfax County Board of Supervisors approved the project.

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