Real Estate
Huge Reston Residential Development Gets Green Light
The Board of Supervisors have signed off on a plan to build a 283-unit apartment building on Michael Faraday Drive.
RESTON, VA — The Fairfax County Board of Supervisors has given the green light to a plan to build a 283-unit apartment building as well as 13 townhouses at 1831 Michael Faraday Drive.
The 3.8-acre property currently has a one-story building on the site, and it is located just a third of a mile from the Wiehle-Reston East Metro station. Rooney Properties is the developer behind the project.
It's part of a real estate boom in the Michael Faraday Drive area. The lot is bordered on the east by another Rooney Properties proposal for 175 apartments and 13 townhomes, and on the west by a 1.6-million-square-foot lot owned by EYA/JBG that is planned for a mixed-use development.
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"The hottest real estate in Reston is now near the Wiehle-Reston East Metro station and Michael Faraday Drive is at the center for development proposals east of the station," the county said in a statement.
Image via Fairfax County
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