Washington DC CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Renaissance Centro’s Tysons Condo Project Goes Vertical
Renaissance Centro has launched above-ground development on its $140-million Monarch luxury condominium tower in Tysons, VA. The project is part of Arbor Row, a mixed-use development rising on the former site of 1970s office buildings.
Monarch’s new general contractor, Hoar Construction, is on schedule to deliver the 20-story structure by mid-2023. Despite a construction hiatus in 2020, Monarch is more than 30% presold. Purchase contracts for three units have set sales price records for the Tysons market.
The tower’s 94 residences feature more than a dozen different floorplans ranging from 880 to 4,090 square feet, and priced from the $600,000s to $4.1 million. Prospective buyers can tour a fully furnished and equipped two-bedroom-with-den model inside Monarch’s sales center at 1650 Tysons Blvd., adjacent to the Ritz-Carlton Hotel and Tysons Galleria.
At full buildout, Arbor Row will sport more than 1,400 residences and 35,000 square feet of ground-level restaurants and shops.
- ◦Development
