Comstock has secured nearly $100 million in additional financing for construction of the 21-story luxury BLVD Apartments.
The BLVD apartments are currently under construction at Comstock’s Reston Station, located above the seven-level underground parking garage adjacent to the Wiehle-Reston East Silver Line Metro Station.
Comstock will get a $95 million, 48-month construction loan from Citizen Bank, Virginia Business reports.
The $900 million parking garage was built by a public-private partnership between Comstock and Fairfax County. It is the only parking among the five Silver Line stations in Tysons Corner and Reston. The Silver Line opens Saturday.
The county and Comstock agreed earlier this year that Comstock will pay the county $2.9 million annually in rent. Eventually, the plaza will be home to office, hotel and retail space as well.
Photo: BLVD apartments under construction at Reston Station/file photo
Recent Stories
Fonts Books and Gifts in McLean (staff photo by Angela Woolsey) For this year’s Independent Bookstore Day, local bookworms will be encouraged to collect not just new literary titles, but…
Residences along the Chimney House Road side of Lake Anne in Reston (staff photo by Angela Woolsey) RELAC Water Cooling will begin delivering air-conditioning services to residents and businesses in…
Live Fairfax is a bi-weekly column exploring Fairfax County. This recurring column is sponsored and written by Sharmane Medaris of McEnearney Associates. Questions? Reach Sharmane at 813-504-4479. Sold by Sharmane and Style by Valentine teamed up…
The Franconia-Springfield Metro station entrance (staff photo by James Jarvis) The cost of riding Metro trains and buses will go up, starting July 1, when the transit agency’s new budget…
