FOR IMMEDIATE RELEASE:
Tysons, VA — The Tysons Community Alliance (TCA) has released its Q1 FY25 Tysons Quarterly Market Report, highlighting sustained momentum across key sectors and reaffirming Tysons’ position as a leading destination for business, residents, and visitors in the National Capital Region.
“While Tysons is not immune to regional economic headwinds, its performance continues to reflect strong underlying fundamentals and steady demand across key sectors,” said Drew Sunderland, TCA’s Vice President of Strategy and Research. “Residential occupancy remains high, retail vacancy has dropped, and total visitation is on the rise—all of which point to a district that is both resilient and evolving.”
This edition of the Tysons Quarterly Market Report explores the dynamic relationship between transportation, market performance, infrastructure investments, and local land use planning and offers a comprehensive look at activity across the broader economic landscape.
Key highlights include:
- Residential occupancy held firm at 94%, with a 4% year-over-year increase in average rent per square foot—demonstrating consistent demand for housing in the urban district.
- Retail vacancy fell to 1.8%, while annual retail rent growth climbed 9%, solidifying Tysons’ role as a premier retail destination in the National Capital Region.
- Total visitation rose 5% year-over-year, driven by a 9% increase in employee visits and a 4% uptick in visitor traffic, signaling renewed engagement and activity throughout the area
These trends reflect the long-term impacts of strategic investments in infrastructure, multimodal mobility, and placemaking – key drivers in Tysons’ transformation into a vibrant, mixed-use district where people live, work, and play.
For deeper insights into the data and trends shaping Tysons’ growth, download a copy of the full report and watch the video overview. Real-time metrics and analysis can be found on the Tysons Data Hub, TCA’s free, interactive platform offering live data on market trends, demographics, mobility, and economic development.
To learn more about TCA’s work and vision, the public is invited to register for their free Annual Meeting and Open House on Tuesday, June 25, 2025. The event will feature updates on Tysons’ progress, upcoming initiatives, and opportunities to connect with leaders shaping its future.The Tysons Community Alliance (TCA) has released its Q1 FY25 Tysons Quarterly Market Report, highlighting sustained momentum across key sectors and reaffirming Tysons’ position as a leading destination for business, residents, and visitors in the National Capital Region.