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Boston Properties Secures Full-Building Tenant for 17-Story Trophy Tower in Reston Town Center

by Fatimah Waseem January 31, 2018 at 10:00 am 16 Comments

Leidos Holdings has signed a new full-building lease for a 17-story office building Boston Properties plans to complete in Reston Town Center by early 2020.

The information technology contractor, which already has offices in Reston, will shift its headquarters to the building on 1750 President Street, according to a release by the company.

“Our new space will give us the opportunity to build on our culture and brand as a combined company, as well as be able to better tailor our working environment to meet employee needs,” wrote Leidos chairman and chief executive officer Roger Krone.

The company began an 18-month search across the region after acquiring a division of Lockheed Martin in 2016. Nearly five years ago, the company separated from SAIC and moved from McLean to RTC’s One and Two Freedom Square.

Construction on the 17Fifty building, which is the last office space to be built in the 86-acre urban core of RTC, is expected to begin in the spring.

Boston Properties’ trophy tower is designed by Shalom Baranes Associates, and will include 8,000 square feet of retail space and a four-floor below-grade parking garage.

Katie Yanushonis, vice president of Boston Properties said she is confident that new building will fit the company’s effort to retain and motivate it’s “world class employee base.”

The terms of the agreement were not disclosed.

Rendering via Boston Properties

  • Jon May

    https://vimeo.com/182405656

    Here is a great video representation of what Boston Properties will be building.

    • Reston Now

      Thanks for the share!

      • The Constitutionalist

        Thanks for the delete!

    • Mike M

      – Opening shows how out-of-place- and style it is with the RTC.
      – “Inspiring retail”? LOL!
      – It never rains or snows in la-la land.
      – That workplace layout has been discredited thoroughly for most real requirements. It does make it easier for owners to re-purpose. What it really does is encourage people to work from home offices so that employers don’t need to give them a space. Phones and other devices are soon to follow. And it adds up, ironically, to less office space being required. So, . . . we need fewer office buildings. Then again, you can always get approval for residential!

      Workplace of the future? A house in Ashburn, Purcellville, Winchester? So sprawl is still very much in the cards despite the propaganda that some people believe about so-called smart growth. Smart? For whom?

    • cRAzy

      These cartoons are great. Untrue, but great.

  • vdiv

    It’s good that Leidos is staying.
    The all-glass building exterior though looks out of place and a bit outdated.

  • 40yearsinreston

    The ballstonization of reston continues
    Are the tenants getting free parking ?

    • Mike M

      Yeah, over on North Shore! 😉

      • 40yearsinreston

        that’s where the construction workers already park

    • Damon Feldman

      Maybe we need to look at the right ways to do it. Check this out on beautiful cities: https://www.youtube.com/watch?v=Hy4QjmKzF1c

  • Chuck Morningwood

    So, is Leidos subsidizing their employees parking cosos, or is BP giving them free/reduced price parking as a deal sweetener?

  • Big Drop

    What happened to Fannie Mae who were announced as moving forward in this very same building?

  • Karen Lumpkins

    Disgusting…..more F####ing traffic, more $$$ for RA but dues still go up, still having to pay to park during the week. Not what I was told when I bought in Reston. Shameful!!!!!!

    • Reston Town Center is not part of the Reston Association. RA won’t receive any money from this.

  • Big Drop

    BXP had their price cut today.

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