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Tysons developers may face $500m in new taxes

By Taylor Holland
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Tysons developers may face $500m in new taxes

Fairfax County officials are considering imposing $500 million in new taxes on the developers of Tysons Corner to help pay for the roads needed in what would become the county’s urban downtown.

County officials have already approved some of the planned Tysons projects, including Capital One’s redevelopment of its 26-acre campus near McLean, even though they need an additional $1.2 billion to pay for roads. Another dozen projects are up for approval this month.

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Local News Taylor Holland Transportation Virginia