Concern for Properties Beyond Tysons Corner Metro Villages
The Washington Post reports on the proposed transformation of parts of Tysons Corner into vibrant "24/7" urban villages.
"One concern stood out, however, Wednesday night when developers and commercial property owners lined up with residents and environmental advocates at a Fairfax County Planning Commission hearing to have a final say on the 233-page draft plan: the fate of developers whose property isn't within walking distance of one of the four planned Metro stations. Most everyone agrees that Tysons ought to be transformed into a "24/7 urban center" as the plan suggests, but developers of property without immediate Metro proximity were still feeling stomped upon."
For those with land beyond the walkshed of these new urban villages, the taxes and costs to build in the new Tysons Corner may be too much to lure investment, according to some concerned landowners and developers.