Construction of The Boro Reaches Major Milestone with Boro Tower Topping Out

– Topping-Out Party Marks the Completion of the Structural Component of Boro Tower in Tysons

TYSONS, Va. — The Meridian Group and Rockefeller Group will celebrate a major milestone April 9 for The Boro, the world-class development in Tysons that will feature 4.2 million square feet of office, retail, residential and entertainment space.

Meridian and Rockefeller Group are holding a “topping out” party for Boro Tower, a 437,000-square-foot, 20-story trophy office tower under construction at The Boro. Meridian and Rockefeller Group are co-developing the Gensler-designed building, which offers panoramic views from the Blue Ridge Mountains to downtown Washington, D.C.

“This is an important milestone showing the incredible progress that we’ve made at The Boro,” said David Cheek, President of The Meridian Group. “Our plan is to make The Boro one of the area’s most vibrant communities, the premier Metro-oriented, mixed-use destination in Tysons.”

“The topping-out of Boro Tower is a wonderful accomplishment for everyone involved in bringing this transformational project to fruition,” said Daniel Moore, President and Chief Executive Officer of Rockefeller Group.  “To see Boro Tower at its full height, within the larger context of The Boro, is to see the future of work, living and lifestyle in Tysons.”

At full build-out, The Boro is planned to feature more than 1,500 residential units as well as 1.9 million square feet of office, 350,000 square feet of retail, 250,000 square feet of hotel space, and a state-of-the-art ShowPlace ICON theater.

Skanska, which is building Boro Tower and the theater, is hosting the topping-out party to recognize those helping to design and construct the buildings. The ceremony marks the completion of Boro Tower’s structure.

“We’re more than halfway done completing this phase, and we wanted to thank all of those who have played an important role in our success so far,” said Jason Phillips, Senior Vice President of the Meridian Group, who is overseeing construction of The Boro.

The first phase of the project, which is scheduled to be completed in October 2018, will include:

  • Boro Tower, a world-class office building that is already attracting prominent tenants, including TEGNA, a media company that has pre-leased 46,200 square feet for its new global headquarters; and Hogan Lovells, an international law firm has pre-leased 44,520 square feet.
  • ShowPlace ICON Theatre, which will open a luxurious new cinema with 14 state-of-the-art screens and upscale dining options.
  • Boro Park, which will provide a performance stage, an interactive water feature, plenty of outdoor seating, and a 1,100-square-foot retail kiosk.
  • A five-level, 1,200-space below-grade parking garage that spans the entire block.

Located within walking distance of the Greensboro Metro station, The Boro will consist of an attractive mix of office, residential, retail, entertainment and open park space – a walkable urban environment that has long been desired in Tysons. It will include such best-in-class companies as Whole Foods Market, which is planning a 69,000-square-foot flagship location here.

“The Boro will offer a wide variety of amenities to bring people outside, including pedestrian-friendly roadways, beautiful open spaces and restaurants with outdoor seating,” said Tom Boylan, Vice President of The Meridian Group. “Our goal is to bring people outside to enjoy all that The Boro has to offer.”

Built on a 15-acre site, The Boro will be one of the preeminent developments in the Washington area.

“With its combination of size and unique features, The Boro will be unmatched in Tysons and the surrounding area,” Boylan said. “It will be a marquee development offering something for everyone.”

ABOUT THE MERIDIAN GROUP

The Meridian Group is a real estate investment and development firm based in Bethesda, Md. Since its inception in 1993, Meridian has acquired and developed more than 14 million square feet of office, residential, hotel, mixed-use, and land with a focus on the metropolitan Washington, DC market. To learn more, visit Meridian’s website at www.tmgdc.com.

ABOUT ROCKEFELLER GROUP

Rockefeller Group is a leading real estate developer, owner and investor, known since the development of Rockefeller Center for pioneering large-scale urban mixed-use development.  For nine decades the company has been trusted for its financial strength, stability and vision, and today remains committed to the selective acquisition, management and development of innovative, high-quality office, industrial, residential and mixed-use properties in urban centers and strategic distribution markets.  Visit www.RockefellerGroup.com.