Reston Spring

Reston Spring
Reston Spring

Wednesday, August 7, 2013

DynCorp to consolidate in Tysons, Michael Neibauer, Washington Business Journal, August 5, 2013

WBJ reports that DynCorp, which has offices in Reston among other northern Virginia locations, will consolidate its Washington-area offices in Tysons.  As reflected in the WBJ article, this means:
  • Reston will lose another employer, probably in large part because there is so little vacant space in its Metro station areas, especially Town Center and so much vacant space elsewhere. 
  • DynCorp's employees will be "stuffed" into spaces of about ~200 SF per person (80,000 SF building for 400 workers), one-third less than the County's Planning staff is planning for. 
  • No new office space development (taking over old Northrop-Grumman space), but probably some retrofitting to to meet the new office design concepts for reduced office space per worker--even in this company whose work is often classified.    

DynCorp will consolidate its regional offices at 1700 Old Meadow Road in Tysons, an 80,000-square-foot office building formerly occupied by Northrop Grumman Corp.
DynCorp will consolidate its regional offices at 1700 Old Meadow Road in Tysons, an 80,000-square-foot office building formerly occupied by Northrop Grumman Corp.
 Here are some excerpts from Michael Neibauer's article:
DynCorp International Inc. will move its corporate headquarters out of Falls Church but not to Alabama or Texas or any other state that sought to lure the contractor away from Virginia.
The company announced Monday it will consolidate its Northern Virginia offices in Tysons, taking all 80,000 square feet at 1700 Old Meadow Road, an office building owned by CityLine Partners LLC and formerly occupied by Northrop Grumman Corp. . .
The consolidation announcement follows a report that officials in Fort Worth, Texas, were trying to lure DynCorp there with a slate of incentives. The company, which employs about 400 in the Washington area, had previously retained CBRE Group Inc. to study its space options. . . .
 Click here for the rest of this article.  

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