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Fannie Mae Inks Major Lease in Future Reston Gateway Project

Boston Properties has secured another win after inking a deal with Leidos Holdings, Inc earlier this year.

Fannie Mae will lease 850,000 square feet in the future Reston Gateway, a 27-acre project that could include up to 3.5 million square feet of transit-oriented development, according to release by Boston Properties.

The financial services company had been scouting for space as it moves to consolidate its services and secure a new hub. Comstock Partners’ Reston Station was one project Fannie Mae was considering.

The company already leases space at several local sites, including a 185,000 square foot lease at One Reston Crescent that was signed in 2015.

Boston Properties touted the binding lease commitment, which validates “Reston Town Center’s unique position as a top experiential development” in the country, the statement read.

Fannie Mae will move into the new space as the anchor tenant in 2020. Reston Gateway could include up to 150,000 square feet of retail and a hotel and more than 1 million square feet in residential.

Rendering via Boston Properties

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Tuesday Morning Notes

Reston-based Leidos Offering Bonuses to Find New IT Hires — The company, which is the largest IT services contractor for the federal government, is offering a $2,000 bonus for every referral that results in a new IT hire. The company posted a third-quarter operating income of $151 million in revenue, a 34 percent jump in sales. [Washington Business Journal]

Coalition for a Planned Reston Holds “One Reston” Community Meeting — The coalition mobilized Monday night in opposition to a zoning amendment that would increase Reston’s population density, among other changes. After a discussion with attendees during the open floor meeting, the group plans to submit 10 suggested changes to the legislative package before the county by Christmas in order to better manage infrastructure and development. According to Terry Maynard, President of Reston 20/20, said the meeting attracted more than 130 attendees. “A key theme throughout was the necessity of the entire Reston community working together as ‘One Reston’ to meet the challenges of shaping the Reston plan and assuring individual development proposals meet the expectations of the community,” Maynard said. [Coalition for a Planned Reston via Youtube]

Herndon Middle School Bike Shop to Give Away Bikes on Saturday — Bicycles refurbished by the after school program that meets on Wednesday and Thursday afternoons, will be distribute to 10 children at the school. Recipients were provided by Cornerstones’ Neighborhood Resource Center in Herndon. Members of the club will provide and fit free helmets for recipients. [Fairfax County Public Schools]

 

Photo by Fatimah Waseem

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LGBTQ Advocacy Organization Reviews Policies of Reston-based Companies

Each year, the Human Rights Campaign Foundation assesses lesbian, gay, bisexual, transgender and queer inclusion in major companies and law firms across the country.

In this year’s Corporate Equality Index, a tool used for 15 years, the organization found a record number of companies are “advancing vital policies” to protect LGBTQ workers around the world, including several in Reston. The foundation is the largest LGBT civil rights advocacy group and lobbying organization.

In a new record, 609 businesses received the top score of 100, up by 18 percent over last year. 947 businesses and firms were rated during the assessment. In Virginia, the average score of the 32 companies ranked was 87 percent. 19 received 100 points, 21 received 90 points and above, and 26 received 80 points and above.

The following companies in Reston were rated:

Each firm was rated across the following categories, according to the release:

  • Non-discrimination policies
  • Employment benefits
  • Demonstrated organizational competency and accountability around LGBTQ diversity and inclusion
  • Public commitment to LGBTQ equality
  • Responsible citizenship

For the complete assessment, visit the foundation’s website.

Photo via the Human Rights Campaign Foundation

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