Monarch is a 94-unit high-rise condominium building less than a half-mile northeast of the Tysons Corner Metro station. It’s in a part of Fairfax County, Va., that was once known primarily for its malls but continues to evolve as a place where people go to live, work and play as well as shop.
According to David Mayhood of Mayhood Co., the project’s sales and marketing firm, 62 Monarch units are still available for purchase, with move-ins tentatively scheduled for the first quarter of 2023. Prices range from $649,000 to $3,746,000. Available floor plans range from one bedroom to three, with unit sizes ranging from 880 to 3,390 square feet.
The building’s planned amenities include 24-hour concierge service, a swimming pool, a garden terrace, a fitness center and a private club room on the penthouse level for Monarch residents.
The building, at 7887 Jones Branch Dr., has been under construction since 2019 when it made headlines for having the Tyson market’s highest condo prices. Construction came to a halt last year as the project changed contractors, but it’s underway again.
Lorraine Lavet and her husband, Robert, among the first Monarch buyers, picked a unit in the fall of 2019. She is a senior partner with the consulting firm Korn Ferry; he is a lawyer and general counsel for SoFi, a personal finance company. They have homes elsewhere, Lorraine said, and “were looking for a place that would meet our lifestyle needs.” Those needs, she said, include the ability to “leave, lock and know you have that concierge service taking care of things.”
The Lavets are downsizing from a 7,000-square-foot home where they are living nearby. They put a deposit on a three-bedroom, three-bathroom unit, which will reduce their floor space by more than half. A private elevator opens in the unit.
Monarch’s location was a draw for the Lavets. Lorraine remarked on the easy access to Interstate 495 (the Capital Beltway) and I-66, which runs through Arlington into D.C., as well as to the Tysons Corner Metro station.
“It’s like the epicenter of all the access roads,” she said. “You can walk to the Metro, and they’re already building sidewalks. We enjoy a suburban environment with access to restaurants, shopping, ease to get to family and friends. Those are huge plusses.”
