Reston, Virginia, located in Fairfax County, is world-renowned as the first master-planned community in America, having successfully balanced a strong employment base with a high quality of life and varied housing opportunities. Founded by Robert E. Simon in 1964, Reston lies in the Dulles Technology Corridor between Tysons and Dulles International Airport, offering convenient access to residents and workers with the Dulles Toll Road and Fairfax County Parkway. In addition to its status as one of the County’s largest business centers, Reston’s amenities include 1,300 acres of open space, more than 60 miles of trails, numerous recreational facilities, and two golf courses. Its affluent and highly educated residents, 66% of whom hold a bachelor’s degree or higher, benefit from a low unemployment rate of 3.6% and a median household income of $105,775. With the town organized around five villages, the population of Reston stands at 60,553.
The development and extension of the Washington D.C. Metro Silver Line has been a major impetus to the dynamic economic climate in Reston. Phase One of the Silver Line extension brought the opening of a Metro station at the Wiehle Avenue/Dulles Toll Road interchange in Reston East in 2014. Ridership during the first year exceeded projections with more than 14,000 daily weekday users. Presently there are eight developments underway or planned which would increase residential units by 3,000 near the station. Projects include the 1.5 million square foot mixed-use project at Comstock Partners’ Reston Station and the development by JBG Companies at Reston Heights, consisting of almost 600 apartments, 65,000 square feet of retail, a 191-room hotel, and a 140,000 square foot office building to be constructed in two phases. A second station at the Reston Parkway/Dulles Toll Road interchange is expected to open in 2018, while a third station is planned for the Herndon/Reston border slated for completion by 2020.