TYSONS CORNER, VA. — Washington, D.C.-based Quadrangle Development Corp. has completed the newest addition to its Towers Crescent mixed-use development in the Washington suburb of Tysons Corner. Known as 1850 Towers Crescent Plaza, the project is a 13-story, 295,000-square-foot office building with 14,451 square feet of ground-floor retail and restaurant space. The building was designed by Washington-based SmithGroup and developed by Quadrangle on behalf of the building's owners, a joint venture between affiliates of Quadrangle and Promark Global Advisors.
The 1850 Towers Crescent Plaza building will eventually connect directly to the Tysons Corner Center mall when a pedestrian bridge is completed in December. The Route 123 Metrorail station, which is slated to open in 2013, will allow direct access from the office building through the mall to the station.
This newest project is the fourth and final office building planned for Towers Crescent. In addition to the office buildings, which total 1 million square feet of space, Towers Crescent contains three residential towers with a total of approximately 900 apartments and 100,000 square feet of retail space.
“1850 Towers Crescent Plaza is nothing less than a new landmark for the region and a symbol of the Tysons Corner of tomorrow—the quintessential 'edge city' that is evolving from a suburban office park into a mixed-use, transit-oriented, live-work-play environment,” said Christopher Gladstone, president of Quadrangle, in a statement.
Jones Lang LaSalle is currently handling leasing for the office component of Towers Crescent, and Asadorian Retail Solutions is leasing the retail component.
— Coleman Wood