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Crystal Dr 2.32 Acres of Commercial Land in Arlington, VA 22202

INVESTMENT HIGHLIGHTS
- Located in National Landing, steps from Amazon HQ2 and Virginia Tech Innovation Campus
- Concept plans include high-rise and podium options with active ground-floor retail
- Walking distance to Metro and minutes from Reagan National Airport
- Approved for 587,441 SF of office and retail; strong potential for residential conversion
- Positioned in a high-growth submarket with robust multifamily demand and rent premiums
EXECUTIVE SUMMARY
Land Bay C – West offers one of the most significant development opportunities in the heart of National Landing, Arlington’s premier innovation district. Spanning 2.31 acres, this site is entitled for over 587,000 square feet of office and retail density, with flexibility for conversion to residential or mixed-use under Arlington County’s adaptive reuse policies. Two concept plans illustrate the potential: a 13-story tower with 473 residential units and retail, or a 7-story podium design with 272 units and vibrant street-level activation.
National Landing has undergone a dramatic transformation since Amazon selected the area for its East Coast headquarters, committing over $5 billion in investment and creating 25,000+ jobs. This surge in employment, combined with Virginia Tech’s Innovation Campus and billions in infrastructure improvements, positions the submarket for sustained growth. Multifamily demand is strong, with rent growth outpacing the Washington region and new projects leasing rapidly. The property’s proximity to Ronald Reagan National Airport, Metro stations, and major highways ensures unmatched connectivity for future residents and businesses.
With Arlington’s fast-track entitlement process, green building incentives, and potential bonus density for affordable housing contributions, Land Bay C – West is primed for a transformative project that aligns with the County’s vision for a dynamic, transit-oriented community. This is a rare chance to secure a site at the epicenter of one of the nation’s most compelling urban redevelopment stories.
National Landing has undergone a dramatic transformation since Amazon selected the area for its East Coast headquarters, committing over $5 billion in investment and creating 25,000+ jobs. This surge in employment, combined with Virginia Tech’s Innovation Campus and billions in infrastructure improvements, positions the submarket for sustained growth. Multifamily demand is strong, with rent growth outpacing the Washington region and new projects leasing rapidly. The property’s proximity to Ronald Reagan National Airport, Metro stations, and major highways ensures unmatched connectivity for future residents and businesses.
With Arlington’s fast-track entitlement process, green building incentives, and potential bonus density for affordable housing contributions, Land Bay C – West is primed for a transformative project that aligns with the County’s vision for a dynamic, transit-oriented community. This is a rare chance to secure a site at the epicenter of one of the nation’s most compelling urban redevelopment stories.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 2.32 AC |
| Zoning | C-O-1.5 - Mixed-Use District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 2.32 AC |
| Zoning | C-O-1.5 - Mixed-Use District |
1 LOT AVAILABLE
Lot
| Lot Size | 2.32 AC |
| Lot Size | 2.32 AC |
Prime 2.31-acre development site in National Landing
DESCRIPTION
Prime 2.31-acre development site in National Landing. Zoned C-O-1.5 Mixed Use; currently entitled for office/retail
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 34-027-072 | Improvements Assessment | $0 CAD |
| Land Assessment | $41,068,806 CAD | Total Assessment | $41,068,806 CAD |
PROPERTY TAXES
Parcel Number
34-027-072
Land Assessment
$41,068,806 CAD
Improvements Assessment
$0 CAD
Total Assessment
$41,068,806 CAD
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