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LMC Acquires Development Site for 447-Unit MXU Project in Tysons

LMC, a subsidiary of Lennar Corp., has acquired a development site for the construction of Paxton, a mixed-use project in Tysons, VA.

Located at 1750 Chain Bridge Road, the high-rise community will feature 447 apartment homes and offer 14,713 square feet of retail space. First move-ins at Paxton are projected for early 2024. Paxton will be located within close proximity to several neighborhood attractions, including the McLean Farmer’s Market, Nova Central Farm Market, Capital One Hall, Art Whino Gallery, Kennedy Center, Eagle Bank Arena and McLean Project for the Arts. The residential component will consist of studio, one-, two- and three-bedroom apartment homes. Amenities will include co-working space with a conference room and business center, swimming pool, cabanas and lounge seating, firepits, outdoor grills, lounge, entertainment kitchen, club room with a gaming area and billiards table as well as a fitness center.

“Tysons possesses a unique, diverse mix of urban, walkable spaces, with public parks and nature preserves. Paxton will provide well-appointed apartment homes in Tysons close to a variety of dining, entertainment, and transit options,” said Stuart Cain, vice president of development at LMC’s DC Metro Office. “Paxton will offer a broad range of apartment types, with spacious floor plans and ample, modern indoor and outdoor amenities and workspaces in a growing urban community.”

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LMC’s Cain

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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