Office parks · Virginia
Reston Crossing
Proposed 3.1M sq ft mixed-use redevelopment (office/housing/retail) by Bernstein, with 2024 construction permits and regional market alignment. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.
Site profile11 elements · what this retrofit is built with · tap a chip for the evidence
Retrofit in the pipeline
This site: …proposed newtypes-extraction · all sites with thisSold since 2020
This site: 2024 Bernstein Management Corporation research-deals · all sites with this3+ other atlas sites within 10 km
This site: 14 within 10 km computed · all sites with this30,000+ vehicles a day on an adjacent road
This site: 88,879 on 267 fhwa-hpms · all sites with thisCounty lost 10%+ of retail establishments since 2012
This site: -10% census-cbp · all sites with thisCounty typical rent $2,000+
This site: $2,507/mo zillow · all sites with thisInterstate or freeway within 600 m
This site: 267 fhwa-hpms · all sites with thisRedeveloped
This 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 thisHousing
This 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 thisOffice
This 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 thisRetail (continued)
This site: multifamily housing and 31,000 square feet of ground-floor retail newtypes-extraction · all sites with thisNow
| Status | Retrofit proposednewtypes-extraction reported |
|---|---|
| Strategy | Redevelopment, proposedWikipedia no source |
| New uses | housing, office, retailWikipedia no source |
| What is there now | 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 of multifamily housing and 31,000 square feet of ground-floor retailnewtypes-extraction reported |
| Redeveloper | Bernstein Management Corporationnewtypes-extraction reported |
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2025 | Sold | $53.0M closed | Bernstein Management Corporation ← Brookfield Property Partners | ffxnow.com |
| 2024 | Sold | $37.2M closed | Bernstein Management Corporation ← Tishman Speyer | ffxnow.com |
Site context
| Housing permits, Fairfax County (VA), 2024 | 1,829 units in 5+ unit buildings, 0 in 2–4, 1,032 single-family; 2023: 2,042 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 14 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, 2022 | 9,256 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 |
| Schools | Fairfax County Public Schools (PK-12); 1 public school within 1 mile: Dogwood ElementaryNCES EDGE |
| Elevation | 409 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 780 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, 2026-09 | median 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 2023 | 2,457 establishments (-10%); 49,386 jobs (-1%)Census CBP |
| Housing market in the county | typical 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.
Similar sites
- Prosperity Business Campus, Merrifield, VA · Office parks · same strategy: redevelop; also in VA; 14 km away
- 1950 Old Gallows Road, Tysons, VA · Office parks · same strategy: redevelop; also in VA; 13 km away
- Lake Fairfax Business Park, Reston, VA · Office parks · same strategy: redevelop; also in VA; 3 km away
- Woodland Park office park, Herndon, VA · Office parks · same strategy: redevelop; also in VA; 3 km away
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
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
| Anchors | Ellucian, Noblis, Blue Origin |
|---|---|
| County | Fairfax County |
| Census division | 5 · South Atlantic |
| Notes | Draft 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
- 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.
More in Virginia
Cloverleaf MallRichmond, VA · 2009Redeveloped · Redevelopment: mixed use, new streetsColiseum MallHampton, VA · 2010Redeveloped · Redevelopment: mixed useNewmarket North MallHampton, VA · 2000Reinhabited · Reinhabitation: office
Tysons Corner CenterTysons Corner, VA · 2016Partial Redeveloped · Partial redevelopment: residential
Tysons GalleriaTysons Corner, VA · 2016Partial Redeveloped · Partial redevelopment: office