News and notes from Reston (tm).

Friday, February 15, 2019

Hey Siri, Bing "When Is Google Moving To Reston Station?" And Ask Jeeves If Amazon Wants To Move NYC's 0.5 HQ Units Here Too And Shuffle My "Transit-Oriented Development (Very) Slow Jams" Playlist Please

The Google-colored neon disappeared from our favorite parallelogram almost immediately after our RESTONIAN WORLD EXCLUSIVE about its significance, leading us to lose countless nights of sleep over a speculative filthy "web log" post possibly souring what is undoubtedly a multi-million-dollar real estate deal between two wealthy companies, all for a few pennies of clickbait ad revenue.

Turns out, we needn't have worried. On the heels of Google's announcement earlier this week that it is doubling the size of its Virginia workforce, we've gotten yet another confirmation that execs at the Internet giant really have been Asking Jeeves "How do I hang pictures on a wall with a 45-degree angle?"

Give us some good CRE blockquote, BFFs at the Washington Business Journal:

Google Inc. (NASDAQ: GOOGL) plans to nearly double its footprint in Reston as part of a much larger expansion its chief executive announced Wednesday.

The Mountain View, California-based company is close to announcing plans to move from Reston Town Center to 1900 Reston Metro Plaza, the trophy office building Comstock Holding Cos. Inc. (NASDAQ: CHCH) developed speculatively at the foot of the Wiehle-Reston East Metro station, said two sources familiar with the situation but not authorized to comment publicly.

More bad news for parking-plagued Reston Town Center, it seems. Even as we speak, the RTC crisis management team must be frantically churning out another press release calling its new anchor tenant the "Google of nail salons."

But we digress. There are already a lot of sweeeeeeeeeeet Google jobs posted for Reston (we're personally holding out for that plum Chief Web Log Officer position), so go for it if your dream board for 2020 includes working in a neon-bedecked glass trapezoid within walking distance of a Starbucks and some impressive An Arts.

Meanwhile, it looks like the 0.5 units of the much sought after Amazon HQ2 that wound up in New York City instead of Crystal City National Landing are coming to Virginia after all. And the photo accompanying a story in the (Failing) New York Times makes it perfectly clear why. After all, why should a company with virtually unlimited resources that could convince potential employees to move anywhere (and Crystal City National Landing is a good test of that theory) have to put up with a view like this:

When it could have this?

Let's enjoy a little bit of schadenfreude on behalf of the fancypants Big Apple, courtesy of Arlington County Board Chairman Christian Dorsey:

Mr. Dorsey said he couldn’t speak directly to New York’s possible fumblings. “I can’t speculate what went wrong, and I don’t really care to think about it much,” he said.

But he discussed how his area had done a better job of planning for Amazon, convincing the company to come and then rolling out an infrastructure and development plan to make its arrival possible.

But if Amazon wants to see what things look like when companies are enticed to move somewhere without an accompanying "infrastructure and development plan," there's a slightly more rectalinear building right next to their Internet rival they could look into on this side of town, the end.

Friday, February 8, 2019

We Welcome Our Automated Wegmans-Adjacent Overlords: Self-Driving Vehicles To Aid In Carrying Prepared Foods To Regular, Non-Self-Driving Vehicles

Enormously huge news for fans of Black Mirror-like dystopian futures, prepared foods, and planned real estate developments: Turns out our plastic fantastic planned community will be among the first to have self-driving cars zipping around, in an endless Wegmans-to-parking-garage-and-back-to-Wegmans loop in the fun new 4 million square-foot Reston Crescent development that's now apparently called Halley Rise, enabling hungry Restonians to make their rotisserie chicken runs at speeds approaching Mach 3. Sweet! Give us some futuristic blockquote, BFFs at the Verge:

Boston-based self-driving startup Optimus Ride said on Thursday that it will provide rides in its golf cart-sized vehicles to tenants of a $1.4 billion mixed-use development project in Reston, Virginia, starting later this year. It will be a very modest deployment of the technology — three vehicles on a fixed loop to and from the parking facility — but it underscores the need for self-driving car operators to rein in their ambitions before going public.
HOGWASH. It actually underscores the need to get those Wegmans prepackaged food containers back to the car before they get cold.
An MIT spinoff, Optimus Ride said its vehicles would be confined to the private development site called Halley Rise, and it will be geofenced, meaning they can’t operate outside of a specific geographic area. Human safety drivers will be in each vehicle in case anything goes wrong, though the company claims its technology is Level 4 capable, or able to handle all of the driving duties within the geofence and under specific conditions.
When the vehicles reach Level 5 capability, they will be able to enslave humanity pick out the best sushi platters and pre-warmed samosas on their own.

So that's exciting! But maybe you're looking for a futuristic means of transportation beyond the friendly confines of Halley Rise (BTW, does "rise" refer to our grocery bills, congestion along Sunrise Valley, or both?).

But we digress. Might we suggest the other futuristic, next-generation innovation in transportation -- the electric scooter? Already annoying and endangering people available in Arlington and D.C. proper, imagine our surprise when we opened our flip phone and saw one lonely Bird Scooter, apparently abandoned at the Wiehle-Reston Metro Station and pinging for help.

Awww, poor 'lil guy! Let's just hope this Bird has a better fate than the ones here:


Wednesday, February 6, 2019

Finally, Something More Annoying at RTC Than Paid Parking (Updated)

Please to be enjoying this Twitter cellular telephone video of a relaxing visit to Reston Town Center by someone called "plainpotatoess." Mr. Potatoess recently visited our ersatz urban core, charming midscale dining patrons with a unique blend of what he calls "cringy ass" comedy, which as close as we can tell involves telling people they resemble mid-tier celebrities or mocking their clothing.

Check it, as the kids haven't said in at least a couple of decades, but keep in mind this video is definitely NSFMRC (Not Safe for Midscale Retail Centers):

This video, which has garnered more than 32,000 "likes" on Twitter, actually managed to do something even more unthinkable. It actually made us feel sorry for RTC's elite parking squad, who are unsurprisingly called in to tell him to stop filming, the end.

Update: Mr. Potatoess deleted the video from Twitter. Here's a good guess why:

Friday, February 1, 2019

Up Next for Reston Town Center: Another Lawsuit, A Big Dose of Schadenfreude, And Uh, A New Nail Salon Or Something

We still haven't figured out how to download the fancy ParkRTC app to our Nokia flip phone, so it's been a while since we've picked up a cheap plastic flag to cross the street and check in with things in our fancy, if somewhat emptier, ersatz urban core. What's been doing?

Well, as the trickle of departing stores continues, Reston Town Center got itself sued -- again! -- by yet another tenant. Now it's Uncle Julios claiming that RTC's easy to understand and universally beloved paid parking system has cost the restaurant $1 million a year in lost sales. That's a lot of chocolate fountains. And apparently would-be tenants actually read the newspapers, as ramen bar Jinya, which announced in December it would take over the space occupied by Busara, apparently decided instead to "look for better opportunities."

At least nine businesses left RTC in 2018, followed by Pottery Barn and Williams-Sonoma just this past month. By one count, more than 20 businesses have departed since the awesome paid parking plan was put in place to universal acclaim way back in ought-seventeen.

We don't know if the elite crisis management team is still collecting a retainer from RTC, but shortly after the somewhat embarrassing news about Jinya someone quickly cranked out a press release suggesting that fleeing businesses and empty storefronts couldn't be further from the truth, silly rabbits, and RTC owner Boston Properties is literally so swamped with exciting new retail concepts it had to hire a new leasing agent, not that there have been any problems with parking-we mean leasing!

More specifically, sometime in 2019 we're getting a nail spa, another coffee chain (hello Peet's), two new restaurants, True Food Kitchen and North Italia, a workout place called DC Row, and an (already delayed) "paint bar," which we'll just say will give Jacksons a run for a portion of its Chardonnay-sipping clientele and leave it at that.

Which is a bit strange, as one plausible theory as to why Boston Properties has been willing to put up with the dent in its reputation (not to mention its leasing revenues) is that paid parking would help weed out the more midscale chain retailers and food purveyors in favor of more upscale ones and finally show all those undesirables teenagers that RTC isn't intended to be a "third place" for everyone in the community to loiter gather, but a place for Serious Retail, by which we mean $150 shirts and whatnot. But when you lose Williams Sonoma and Pottery Barn, home of the $250 saucepan and $2,500 love seat, respectively, and you're bragging about landing a nail salon and yet another coffee chain... we dunno if that cunning plan is actually holding up.

Some people have been boycotting RTC since paid parking was put in place. A couple of years down the road, we'd argue the deliberate holdouts remain a very small percentage of the total number of people who visit our fake downtown, but something else has happened: People found other options. You don't have to be an elite leasing agent to know that once consumers change their behaviors, it’s almost impossible to get them to come back. Or maybe, as this commenter explains, RTC's woes are reflective of bigger challenges throughout the commercial real estate world:

Commercial real estate is in a giant bubble right now. It's worst in big cities like Manhattan, where entire sections of 5th avenue that used to be bustling with high-end shops are now empty. It's not that no one wants to shop there, the problem is that landlords like Boston Properties let their business people get a little carried away, and they started trying to charge insane rents that no business could pay and stay in business. But that's not even their biggest mistake. Everyone in the business decided to pretend that it was just a matter of time until new tenants came in and paid the high rents, so they revalued all their properties under the assumption that the high rents were sustainable. So basically there are blocks and blocks of manhattan that are dead zones, but have extremely high property values because everyone in the commercial real estate business is lying to each other (and themselves). Is this starting to sound familiar at all?
All's we know is that our equally earth-toned neighbor to the east just landed the biggest retail coup of the year so far. Not only is Vienna getting a Wawa's, said Wawas, like the rest of the town, will be painted a Reston envy-inducing Russet brown.