The Dulles World Center at the junction of Rt. 28 and the Dulles Toll Road has a new financial backer and a new name.
DWC Holdings LLC is a partnership of Chicago-based Origami Capital Partners and an affiliate Greenfield Partners, of Westfield, CT.
The 85-acre site—adjacent to the Silver Line’s Innovation Center metro station—is approved for construction of a mixed-use gateway. The property is approved for up to 5.5 million square feet of density including 400,000 square feet of retail space, 1,265 multifamily residential units, 3.5 million square feet of office space and 350 hotel rooms. In addition to setting the stage for $1 billion in construction, the new partnership has given the project a new name: The Hub.
The developers are nearing completion of two road improvements in the area: the realignment of Innovation Avenue and a new Innovation Avenue/Rt. 28 interchange.