TYSONS CORNER, VA—After acquiring the development site earlier this month, Charleston, SC-based Greystar intends to begin construction soon on a 400-unit multifamily high-rise here.

The 34-story Greystar apartment tower, to be called Elan Tysons, will also include 6,500 square feet of retail. Terms of the acquisition were not disclosed.

Greystar acquired the .8-acre site from a joint venture that includes The Georgelas Group LLC. Georgelas took that site and a number of others in the area around the Silver Line Spring Hill Metro station through the approval process with Fairfax County, according to the Washington Business Journal.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.