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$150M Condo Towers Top Out

RESTON, VA-KSI Services Inc. tops out the two residential buildings at the Midtown Reston Town Center. The 21-story towers will feature a total of 293 residences when work wraps up later this year.

By Barbra Murray | Updated on January 19, 2006

(To read more on the multifamily market, click here.)

RESTON, VA-Two condominium towers have topped out at the residential compound known as Midtown Reston Town Center. The site is being developed by KSI Services Inc. in conjunction with construction partner Bovis Lend Lease. Known as Midtown Reston East and Midtown Reston West, the structures will offer an aggregate 293 residences.

The price tag for their development is $150 million. The entire Midtown Reston compound–which will feature about 1,000 condos and apartments, 34,000 sf of retail space and a public park–will cost a total of $275 million to complete.

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