$77.5 Million Non-Performing Office Loan
US - Washington, DC
€71,072,000 | 28,508 m²
Directly adjoining The Metro District at Innovation
Station, Rivana at Innovation Station is a world-class development project that will change the landscape of Northern Virginia’s most important growth corridor. Construction is scheduled to commence in late 2023 with the initial phase delivering in 2025. Rivana at Innovation Station will include a 313,000 square foot retail village, 1.8 million square feet of Class-A office space, 2,700 residential units, a 280-room full-service
hotel, a 3,000-seat performing arts venue, and two expansive public parks that capitalize on the extensive natural features of the Site. The masterplan envisions a new kind of bucolic urbanism directly connected to Dulles International Airport, Reston Town Center, and the larger DC Metro region through its integration with The Metro District at Innovation Station and the opening of Phase 2 of the Silver Line in Fall 2022. The Metro District at Innovation Station is uniquely capable of creating its own ecosystem with large-scale optionality while capitalizing on
the unique features of Rivana. Envisioned as an energized destination for future tenants and residents, the Metro District at Innovation Station provides a multi-generational opportunity to invest in a large-scale, transit-oriented, mixed-use development site in one of the strongest demographic markets in the United States.