Premier mixed-used development in Tysons will be within easy walking distance of Greensboro Metro station

With a groundbreaking ceremony this week, construction is moving forward on The Boro – a development in Tysons that “will have the attractiveness of a neighborhood with the energy of a downtown.”

The Boro will feature a vibrant mix of office, residential, entertainment and retail, including a flagship Whole Foods Market and a state-of-the-art cinema. The 3.5-million-square-foot development will be located within steps of the Greensboro Metro station on the new Silver line.

“The Boro will be the preeminent mixed-use development in Tysons,” said David Cheek, president of The Meridian Group, which is developing The Boro. “Today’s groundbreaking marks the beginning of something very special. It will be a destination like no other.”

The Boro, conveniently located near Route 7, Route 123 and Greensboro Drive, will offer a combination of high-rise and mid-rise construction.

The 15-acre development is designed to bring people outside, with pedestrian-friendly roadways, beautiful open spaces and lively restaurants with outdoor seating.

When complete, The Boro will consist of more than 1,500 residential units, 1.3 million square feet of office space, 400,000 square feet of retail space, and a new hotel.

“The Boro will truly be a world-class development that will hum with life throughout the day and into the night,” said Gary Block, managing director of The Meridian Group. “It will have the attractiveness of a neighborhood with the energy of a downtown.”

The Meridian Group, a real estate investment and development firm based in Bethesda, has a joint venture with Kettler to develop The Boro’s residential buildings as well as the retail space in those buildings. At Wednesday’s groundbreaking, Meridian and Kettler executives were joined by Sharon Bulova, chairman of the Fairfax Board of Supervisors; and Jim Corcoran, president and CEO of the Northern Virginia Chamber of Commerce; as well as business executives from around the region.

“The Boro will be the ideal place to work, dine, shop and relax,” said Bruce Lane, executive vice president and managing director of The Meridian Group. “Everyone will find something here to enjoy.”

The Boro’s $800 million first phase will include 1.7 million square feet of mixed-use development. It will include 677 residential units, 250,000 square feet of retail and entertainment space, 450,000 square feet of office space, and three parks.

The Meridian Group already has signed two best-in-class companies as tenants:

• Whole Foods Market, which will open a 69,000-square-foot store as a flagship location – both in terms of size and innovative concepts. Plans call for a unique food court, a craft-beer brewing operation and demonstration kitchens with featured guest chefs and cooking classes. The store, the largest in the DC region, will open in 2019.
• Kerasotes Showplace Theatres, which will open a luxurious new cinema with 15 state-of-the-art screens, upscale dining options and reserved seating for all moviegoers. Opening in the summer of 2018, the Showplace ICON cinema will offer cutting-edge technology, large screens, and deluxe leather recliners.

“The Boro will offer a host of great amenities along with easy access to the Metro,” Lane said. “There is a lot to be excited about here.”

The Boro has attracted considerable interest from corporate tenants. Among the companies selecting The Boro for their headquarters:

• Cvent, a leading event management technology company. It is leasing 128,000 square feet of Greensboro Station, a three-building Class A office complex.
• M.C. Dean, the nation’s premier electrical design-build and systems integration firm. It will occupy 85,807 square feet of Greensboro Station.
• Tegna, comprised of a dynamic portfolio of media and digital businesses, including 46 television stations across the country. Tegna will lease the top three floors – totaling approximately 60,000 square feet -- of Boro Tower, a new 20-story trophy office building.

“The Boro continues to generate tremendous interest from companies around the region,” Cheek said. “There is tremendous excitement about the great things happening here.”

ABOUT THE MERIDIAN GROUP

The Meridian Group is a real estate investment and development firm based in Bethesda, Md. Since its inception in 1993, Meridian has acquired and developed more than 13 million square feet of office, residential, hotel, mixed-use, and land with a focus on the metropolitan Washington, DC market. To learn more, visit Meridian’s website at www.tmgdc.com.