The Tysons Corner submarket is ideally situated at the intersection of the Capital Beltway (I-495) and the Dulles Toll Road (Route 267), roughly equidistant from Washington, D.C. and Washington Dulles International Airport. It is also bisected by two major arterials, Leesburg Pike (Route 7) and Chain Bridge Road (Route 123).
Tysons Corner is Virginia’s largest office market and one of the leading business centers in the nation with nearly 26.6 million square feet of office space. Office buildings are typically mid-rise or high-rise in design. There are a few smaller structures and townhouse office condos around the periphery of the submarket. The largest business parks are Tysons II, West*Gate, Westpark Business Campus and Westwood Corporate Center.
The submarket also has one of the largest retail concentrations in the region, with more than 6 million square feet of space. The retail anchors of this market are the two super-regional malls, Tysons Galleria and Tysons Corner Center. At more than 2.4 million square feet, Tysons Corner Center is now the ninth largest mall in the U.S.
Additionally, Tysons Corner has more than 1 million square feet of industrial/flex space as well as the largest concentration of hotels in the county: 14 with nearly 3,900 rooms.
Tysons Corner is the “downtown” of Fairfax County and is home to a wide range of employers, many of them corporate or regional headquarters operations. Some of the largest include: AT&T, Boeing, Booz Allen Hamilton, Capital One, Deloitte, Ernst & Young, Freddie Mac, Gannett (USA Today), Hilton Worldwide, IBM, MicroStrategy, The MITRE Corp., National Automobile Dealers Association, Northrop Grumman, PriceWaterhouseCoopers, SAIC and Sun Microsystems.
Tysons Corner is the site of four future Metrorail Stations that will link the area to Reston and Washington Dulles International Airport. Construction on the rail project is currently underway. For more details, visit the Dulles Corridor Rail Web site.