Updated Thursday with information on what “VY” means.
JBG Companies’ Reston Heights Phase II has a new name: VY at Reston Heights, according to signage at the construction site.
A JBG spokeswoman said this about the name:
“VY is an abbreviation of very, and creates a unique word that allows us to inject further meaning into it when the marketing campaign is launched. Once the name VY is inserted within the context of the brand, it will evoke the vitality and velocity of this new addition to Reston Heights.”
The former site of the Reston International Center’s convenience stores, a bank and a Chili’s Bar and Grill were razed in recent weeks to make way for the mixed-use development.
The Westin Reston Heights, Mercer Condominiums and office buildings make up the first phase of Reston Heights, which was completed several years ago.
The second phase, approved by the Fairfax County Board of Supervisors in 2013, will have a six-story residential building, a 15-story residential building, a five-story building that incorporates a parking garage with residences and retail space; and a 10-story building that mixes office space, parking and retail space.
The plan includes 145,000 square feet of above-grade retail, 100,00 square feet of below-grade retail, 428,225 square feet of office and 498 residential units.
The only major tenant signed thus far is 24 Hour Fitness, a JBG spokeswoman said.
However, a rendering at the construction site gives a sneak peek into the cafes, shops and outdoor seating that will eventually be at the development.