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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

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