Future Of Reston, Herndon Subject Of Upcoming Business Forum: Report

RESTON, VA — The Future of Reston and Herndon will be the focus of a Feb. 15 commercial real estate conference hosted by Bisnow and sponsored by Comstock Companies.

The conference will take place at 1800 Reston Row Plaza, which is part of Comstock's mixed-use development adjacent to the Wiehle-Reston East Metro Station. Comstock CEO Chris Clemente and COO Tim Steffan will be among the event's speakers, who will address the following topics:

• What is in store for Reston and Herndon's development pipeline? What projects are planned for 2024 that are redefining the areas into a live-work-play destination?
• As multifamily continues to gain traction for many developers and investors, what types of affordability initiatives is the area putting in place for it's new and current residents?
• Although the office market is still on the road to recovery, why are developers and investors continuing to feel bullish on this asset class? What success have they seen throughout the year and what activity are they expecting in 2024?
• With the latest Marriott AC/Residence Inn project, what drew investors and developers to the hotel hospitality sector in Reston?
• How are developers rethinking office space that appeals to newer tenants in Reston? What incentives have been effective in encouraging employees to return to the office?
• With the latest office-to-residential conversions happening throughout Fairfax County, what other strategies are developers and investors using for vacant office spaces?
• What is anticipated for Reston and Herndon's mixed-use development pipeline in terms of bringing in multifamily, retail and other projects?
• What are current resident and tenant demands and how are developers meeting them while staying within budget?
• What is drawing new tenants, tourists, residents and retailers into the cities? What is the area doing differently to stand out from other counties and cities?

Other speakers include Thomas Penny, president of Donohoe Hospitality; Kenneth Houle, vice president of TF Cornerstone; Evan Weisman, president of Donohoe Development; Jill Parks, counsel with Hunton Andrews Kurth; and Andrew Painter, a shareholder at Walsh, Colucci, Lubeley & Walsh.

The conference will take place from 8 a.m. to 11:30 a.m., on Thursday, Feb. 15, at 1800 Reston Row Plaza in Reston. More information, including registration details, can be found online.

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