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October 7, 2019
Reston, VA

Brookfield Breaks Ground on Halley Rise, a New $1.4 Billion Mixed-Use District in Reston, VA

Optimus Ride Showcases Self-Driving Vehicles At Halley Rise, Providing Office Tenants With Access To Convenient, Efficient Mobility around the Site.

Brookfield Properties today broke ground on Halley Rise, a new $1.4 billion mixed-use district that will transform a 36-acre office park in Reston, Virginia into 3.5 million square feet of new housing, dynamic local retail, modern offices, public green spaces, and year-round cultural activations. Directly adjacent to the new D.C. Metro Silver Line station in Reston slated to open in 2020, Halley Rise (an area formerly known as Reston Crescent) will significantly enhance Reston’s downtown area with a new destination for people to live, work, dine, shop and socialize.

When fully complete by 2026, Halley Rise will bring a total of 1,500 residential units, 1.5 million square feet of office space, 250,000 square feet of retail, 5 acres of public open space, and brand-new public streets and infrastructure. Today’s groundbreaking marks the start of construction on the first phase of the project, which is expected to be completed in 2022. Phase one will include 450,000 square feet of new office space, 640 residential units, 200,000 square feet of retail and two new parks.

“Halley Rise exemplifies the very best of Brookfield’s placemaking philosophy, bringing with it walkable streets flanked by dynamic retail, diverse public spaces activated with events and culture,” said Greg Meyer, Executive Vice President and Head of the Washington D.C. Region, Brookfield Properties. “We are excited to break ground today on this expansive, mixed-use development and soon create an active, thriving community for Reston residents, companies and visitors.”

Optimus Ride, a leading self-driving vehicle technology company, today showcased its self-driving vehicle system at Halley Rise. Optimus Ride was selected by Brookfield Properties to provide safe, efficient, autonomous transportation to Halley Rise office tenants traveling within the campus. Optimus Ride has deployed three self-driving vehicles providing crucial first and last mile connections. The service operates from 9:00 a.m. to 6:30 p.m. from Monday to Friday. With deployments in four U.S. states, Optimus Ride’s systems aim to provide a safe, efficient means of mobility in areas where there is a lack of transportation options.

Dr. Ryan Chin, CEO and co-founder of Optimus Ride, said: “At Optimus Ride, our mission is to provide self-driving systems that enable true multi-modal connectivity. By focusing on geofenced communities, we work with real estate developers during the planning phases to design optimal self-driving vehicle routes that provide first and last mile connections to community members. We are excited to continue working with Brookfield to expand our autonomous systems throughout the Halley Rise development and to the new Reston Town Center Metro Station when it opens in 2020. Optimus Ride’s partnership with Brookfield Properties demonstrates the value self-driving systems can add to new developments throughout the country.”

When fully completed, Halley Rise will feature:

  • Retail Amenities and Public Open Space: Twenty percent of the site will be dedicated to public open space, including three parks activated with arts and cultural programming curated by Arts Brookfield, Brookfield’s global award-winning arts and entertainment program and one of the largest privately-funded arts programs in the world. Dynamic retail amenities of a total of 250,000 square feet will help to activate Halley Rise. In addition to a Wegmans supermarket, Pinstripes restaurant/bowling/bocce venue and a movie theater, Halley Rise will offer a variety of culinary concepts, entertainment, fitness, and more for residents and visitors. 
  • Housing and Innovative Office Space for a Growing Reston and Region: Halley Rise will build on the existing success of the office portfolio at the site, bringing 1.5 million square feet of new office spaces designed to support a diversity of companies, including creative loft-style offices and corporate spaces. With 1,500 new residential units, Halley Rise will create a new live-work community with much-needed new housing stock, including condos and apartments, with 15 percent of units committed to the affordable Workforce Dwelling Unit program.
  • Community Investments: Halley Rise will bring new public streets and infrastructure improvements to improve transit circulation and help reduce congestion in the broader community. Additional improvements include a new off-site athletic facility, a mile of new sewer lines, new offsite traffic signals, and electric vehicle charging stations. The project is expected to provide space for 8,700 permanent jobs.
  • Direct Access to the Metro and Dulles International Airport: Brookfield is strategically building housing and offices near the new Reston Town Center Metro station to accommodate northern Virginia’s growing population in a walkable, convenient community. Located just a 2-minute walk from Halley Rise, the new Reston Town Center Metro Station will anchor the new district and reduce reliance on cars. Travel time will be approximately 10 minutes to Dulles International Airport, 15 minutes to Tysons Corner, Virginia and 40 minutes to central Washington, D.C.

Brookfield Properties has utilized the expertise of several architecture firms to create a vibrant and innovative neighborhood. Working in conjunction with Morris Adjmi, MV+A established the framework of the masterplan.  MV+A has also designed the 842,000 square-foot building that will be anchored by Wegmans, with 353 residential units above, and has been retained for another residential building. Morris Ajdmi together with Eric Colbert as executive architect is designing a mixed-use residential tower incorporating over 50,000 feet of entertainment in addition to retail. Further, Hacker and Allied Works together with Fox Architects as executive architect, renowned architecture design firms in their own right, are designing two office buildings that will contribute to the Halley Rise development. Global architecture firm KPF has been retained for the design of three buildings that will seamlessly integrate into the overall vision. Additionally, GGN and LandDesign were tasked with designing a welcoming landscape that invites the community to come together within Halley Rise. Brookfield Properties is dedicated to delivering a thoughtful mixed-use neighborhood for the Reston community to thrive within.

Brookfield is one of the most prominent commercial property owners in the greater Washington, D.C. area, with more than 18 million square feet of commercial properties and over 5,000 residential units. In addition, Brookfield has a development pipeline of more than 10 million square feet.

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