Tysons will see more construction in the new year, this time to manifest a condominium high-rise from the Ritz-Carlton.
The hospitality company has partnered with developer Renaissance Centro to bring its first residential building in Virginia to the Arbor Row neighborhood, just across the street from its hotel at Tysons Galleria.
Pleased with its experience constructing Monarch, a 94-unit condo tower opened in 2023, Renaissance Centro acquired the adjacent parcel from Arbor Row master developer Cityline Partners and secured the Fairfax County Board of Supervisors’ approval in 2024 to build housing there instead of the previously planned offices.
“I think the residents at Monarch are pretty happy,” Renaissance Centro Vice President of Development Ilan Scharfstein said in an interview with FFXnow. “It’s a nice community, and I think a lot of new friendships have been fostered there. So, we’re trying to replicate that aspect, really building a building where neighbors will become friends.”
According to Scharfstein, Renaissance Centro considered teaming up with Ritz-Carlton on the new building after observing a trend toward combined or hotel-branded residences across the D.C. region, including the new JW Marriott at Reston Station and a Four Seasons condo building now under construction in Georgetown.
As the owner of the Courtyard by Marriott hotel in Foggy Bottom, the developer was already in regular communication with Marriott — Ritz-Carlton’s parent company since 1998 — and brought up the idea of collaborating.
While this will be the first Virginia location, Ritz-Carlton Residences can currently be found in Chevy Chase, Maryland, and D.C. All units in the Georgetown and Foggy Bottom buildings are sold out, per the brand’s website.
“I think people appreciate the level of service that’s provided in branded residences, and there’s a clear understanding of what the quality level is going to be by the brand affiliation,” Scharfstein said. “You know what to expect when you go to a Four Seasons hotel. You know what to expect when you go to a JW Marriott hotel. You know what to expect when you go to a Ritz hotel. When you’re buying an unbranded condominium, it’s a little bit less clear.”