Exclusive Investment Offering: Condominium Interest - Transwestern
Exclusive Investment Offering: Condominium Interest - Transwestern
Exclusive Investment Offering: Condominium Interest - Transwestern
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25<br />
Falls Church Overview<br />
Falls Church is an independent City in Virginia with<br />
a long and rich history that dates back to the late<br />
1600’s when it was an early colonial settlement. The<br />
community grew up around<br />
The Falls Church, which was<br />
founded in 1734 and whose<br />
congregation has included<br />
President George Washington<br />
and Virginia statesman George<br />
Mason. Falls Church slowly<br />
grew around the intersection<br />
of two Indian trails leading to<br />
the lower Potomac River falls, not far from the current<br />
intersection of Leesburg Pike and Lee Highway. By<br />
1875 it gained township status. Falls Church became<br />
an independent City in 1948.<br />
n its development<br />
es to shape its future.<br />
Today, the City is a dynamic, small scale community<br />
comprising 2.0 square miles that serves an affluent<br />
market, while still enjoying access to large scale<br />
amenity and business centers. Falls Church is ideally<br />
situated between Fairfax and Arlington Counties, just 5<br />
miles from the Washington D.C. line. Further, the City<br />
sits in the center of the bustling Route 7 employment<br />
and retail corridor that includes Seven Corners, Baileys<br />
Crossroads, and Tysons Corner with over 5 million<br />
square feet of retail. In a 2006 poll of Falls Church<br />
residents, 34% sited location and convenience as the<br />
best aspect of living in the City, while 19% cited its<br />
size and small town charm. Supported by Washington<br />
D.C.’s consistently stable economy, the City’s local<br />
economy remains strong with a core of national and<br />
international high-tech firms, including Computer<br />
Sciences Corporation and General Dynamics.<br />
Route 7 (West Broad Street) in Falls Church<br />
Tysons<br />
Corner<br />
Falls<br />
Church<br />
Remainder<br />
of Northern<br />
Virginia<br />
Falls Church is at a critical juncture in its development<br />
as a city with significant opportunities to shape its future.<br />
Rosslyn/Ballston Corridor,<br />
Seven Corners,<br />
& Baileys Crossroads<br />
Aerial View of Falls Church Looking East<br />
ASSET INVESTMENT SALES GROUP