Residential to Office - Meridian's Surprising Proposal for the Boro
In a time of high office vacancies and demand for housing, The Meridian Group is seeking to change approved plans for a 310-foot-tall residential tower, known as B1.
The proposal contains two options to move forward; a 304-foot-tall, 420,000 sq. ft. office building, or a 357-foot-tall multifamily with 425 units. Both proposals include 20,000 sq. ft. ground-floor retail, and eight above-grade levels with two underground levels.
“The proposed office option will provide the Applicant with additional flexibility to respond to market fluctuations in its ongoing efforts to attract tenants to the Boro and Tysons as a whole,” the application states.
When fully built, the Boro will feature five blocks with approximately 5 million square feet, of which 1.7 million have been completed.