Capital One Center

What Capital One Center does

Capital One Center is a 35-acre, 3-million-square-foot mixed-use real estate development located in Tysons, Virginia, adjacent to the McLean Metro Station on the Washington Metropolitan Area Transit Authority Silver Line. It is wholly owned by Capital One Financial Corporation (NYSE: COF) and operates as a corporate-anchored destination campus built around a 25-year master plan. The campus integrates Capital One's corporate headquarters (housing 13,500+ associates) with a portfolio of complementary commercial venues: Capital One Hall (a 1,600-seat performing arts venue), The Watermark Hotel, The Perch elevated skypark, Capital One Park (a 5,000-seat baseball stadium), Metro Park (a recreational complex with pickleball courts), and a national retail and dining lineup anchored by Wegmans.

The campus serves four primary customer segments: (1) Capital One employees accessing workplace and amenity facilities; (2) corporate and event clients booking performances, conferences, and private events at Capital One Hall and The Watermark Hotel; (3) sports organizations and collegiate athletics partners hosting games at Capital One Park under multi-year agreements with the Atlantic 10 Conference, ODAC, Georgetown University, and Marymount University; and (4) consumer foot traffic from the broader Washington, D.C. metropolitan region visiting retail, dining, hospitality, and entertainment venues. Revenue mechanics are not publicly disclosed and are consolidated at the parent; based on the asset scale, the campus likely generates revenue from office occupancy (largely internal), hotel ADR and occupancy, venue rentals and ticketing, retail and restaurant tenant lease percentage, and stadium event-day income.

The business model is hybrid: corporate cost-center economics for the headquarters anchor blended with commercial hospitality, ticketing, and tenant lease revenue for the entertainment and retail components. Property management is outsourced to JLL. Strategic development is paced by the multi-decade master plan, with phased openings having begun in 2021 and continuing through 2026 and beyond. The enterprise is not a standalone operating company and is not optimized for stand-alone profitability — its principal economic rationale is talent attraction/retention for Capital One and long-term real estate value accrual to the parent.

Name

Capital One Center

Legal name

Capital One Center

Website

https://capitalonecenter.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Capital One Center is a 35-acre, 3-million-square-foot mixed-use campus in Tysons, Virginia, owned by Capital One Financial Corporation. It integrates the company's 13,500-associate headquarters with a performing arts venue, hotel, baseball stadium, recreational facilities, and retail for corporate, athletic, and consumer audiences.

Ownership category

akta.pro rank

Product category

Mixed-Use Real Estate Development

NAICS

Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131), Traveler Accommodation (7211)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Non-Operating Establishments (9995)

akta.pro primary industry

Multi-Sport Complexes & Community Sports Parks (MPAKAEAH)

akta.pro secondary industries

Venue Facilities, Maintenance & Capital Projects (Engineering, Renovations) (MPAGALAL), Urban & Downtown Full-Service Hotels (THAGAAAA)

Keywords

• Mixed-use development
• Retail leasing
• Hospitality venues
• Performing arts center
• Sports entertainment

Headquarters

HQ city

North

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Retail Leasing: Capital One Center generates revenue by leasing over 250,000 square feet of retail space to restaurant, retail, and service tenants. Tenants include Wegmans, Stellina Pizzeria, Sisters Thai, Wren, Ometeo, Starr Hill Brewpub, Starr Hill Biergarten, Perch Putt, The Naisho Room, Nothing in Between, and others.
2. Events and Ticket Sales: Capital One Hall, The Perch, and Capital One Park host ticketed events including concerts, Broadway performances, comedy shows, culinary events, and baseball games. Revenue is generated through ticket sales, event rentals, and venue bookings.
3. Hotel Operations: The 300-all-suite Watermark Hotel generates lodging revenue, with food and beverage outlets including Wren restaurant and The Naisho Room cocktail lounge serving hotel guests and external patrons.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Capital One Center is a 35-acre, 3-million-square-foot mixed-use real estate development in Tysons, Virginia that owns and operates a portfolio of hospitality, entertainment, and recreation venues — Capital One Hall (1,600-seat performing arts and corporate events center), The Watermark Hotel (300-suite hotel), The Perch (rooftop skypark with amphitheater and biergarten), Capital One Park (NCAA baseball stadium), and Metro Park (pickleball courts and seasonal ice rink) — while also leasing retail space to third-party restaurant, grocery, and service tenants. The development is anchored by Capital One's corporate headquarters and functions as a walkable urban neighborhood destination 500 steps from the McLean Metro Station.

Product overview

Capital One Center is a 35-acre mixed-use real estate development in Tysons, Virginia, anchored by Capital One's headquarters. The development comprises a portfolio of distinct venues and retail offerings including: Capital One Hall (performing arts center), The Watermark Hotel (300-all-suite hotel), The Perch (1.2-acre skypark), Capital One Park (NCAA baseball stadium), and Metro Park (outdoor recreation plaza). Dining and retail offerings include Starr Hill Brewpub, Stellina Pizzeria, Sisters Thai Tysons with Flore Cafe, The Naisho Room, Perch Putt, Ometeo, Wren, Wegmans, Nothing in Between spa, and Starr Hill Biergarten. The development also features event programming including Perchfest, Culinary Week, Swing into Summer, and Celebration of the Arts.

Differentiator

Problem solved

Functional benefit

Brands

• Capital One Hall: World-class performing arts and corporate events venue
• The Watermark Hotel
• The Perch
• Capital One Park
• Metro Park

Products and services

• Capital One Hall A 149,000-square-foot, 1,600-seat performing arts center and corporate events venue featuring local theater performances, world-renowned concerts, comedy shows, and Broadway productions. LEED Gold certified.
• The Watermark Hotel A 300-all-suite hotel connected to Capital One Hall and The Perch, featuring multiple dining venues including Wren restaurant and The Naisho Room cocktail lounge.
• The Perch A 1.2-acre rooftop park and urban village green located 11 stories above Tysons, featuring Starr Hill Biergarten, Perch Putt mini golf, an amphitheater, sculpture garden, and Great Lawn.
• Capital One Park A state-of-the-art NCAA baseball stadium featuring 300 fixed seats, 350 bleacher seats, a picnic area along the first base line, and a party deck in center field. Home to Georgetown and Marymount universities and The Potomac League, hosting 200+ games annually.
• Metro Park A new outdoor plaza adjacent to McLean Metro Station featuring four regulation-sized pickleball courts (8,000+ square feet) on premium Laykold acrylic hardcourt surfacing with USA Pickleball standards, and seasonal winter skating rink.
• Retail Leasing Program

Quantifiable outcome

• Capital One Center Culinary Week 2025 raised over $10,000 for World Central Kitchen.
• +5 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core and minor.

• World Central KitchencoreStrategic or Co-development Partner · 27 July 2026Capital One Center partners with World Central Kitchen (WCK), a nonprofit founded by Chef José Andrés in 2010, for its annual Culinary Week. The second annual Culinary Week (July 27-31, 2026) is designed to raise awareness and funds for WCK, which has served more than 600 million nourishing meals globally. The inaugural 2025 Culinary Week raised over $10,000 for WCK.
• Best Buddies of Northern Virginia & DCcoreStrategic or Co-development PartnerCapital One Center has a long-standing partnership with Best Buddies, a nonprofit dedicated to inclusivity. Perchfest events benefit Best Buddies of Northern Virginia & DC. Perchfest Spring Edition attracted over 8,000 attendees and the Grand Opening Perchfest attracted over 10,000 attendees, both benefiting Best Buddies.
• Ronald McDonald House Charities of Greater Washington DCcoreStrategic or Co-development PartnerPerchfest Fall 2022, celebrating the 1-year anniversary of The Perch, benefited Ronald McDonald House Charities of Greater Washington DC. Over 15,000 guests attended.
• Make a Wish Mid-AtlanticcoreStrategic or Co-development PartnerCapital One Center partnered with Make a Wish Mid-Atlantic, Cushman & Wakefield, Whiting-Turner, and Monumental Sports to support a Basketball Court Wish for 6-year-old Zain from Lorton, Virginia — transforming a basketball court wish into reality.
• SMYALminorStrategic or Co-development PartnerCapital One Center partnered with SMYAL for Pride Month programming, including Drag Bingo Night at Starr Hill Biergarten and Gay Men's Chorus of Washington cabaret performances at Capital One Hall.
• Tephra Institute of Contemporary ArtcoreStrategic or Co-development PartnerCapital One Center partnered with Tephra Institute of Contemporary Art for its inaugural Celebration of the Arts festival and for community art engagement activities including Courtney Kolker's '6 Pillars' artwork at The Vault at Capital One Hall.
• Long Shot Hospitality GroupcoreChannel Partner/ Reseller/ DistributorLong Shot Hospitality Group operates Ometeo Tex-Mex restaurant at Capital One Center. The group's management team was awarded Restaurant Association of Washington's 2024 Restaurateur of the Year. Long Shot Hospitality is co-founded by Austin chef Gabe Erales (Top Chef winner).
• Jones Lang LaSalle (JLL)coreImplementation/ SI/ Consulting PartnerJones Lang LaSalle (JLL) serves as the Property Management company for Capital One Center. Contact: [email protected].
• Wolf Trap Animal RescueminorStrategic or Co-development PartnerWolf Trap Animal Rescue was a partner at Capital One Center's Easter event, providing adoptable puppies for the festivities.
• Lucky Dog Animal RescueminorStrategic or Co-development PartnerCapital One Center hosted Pups & Pints, a dog-friendly festival at the McLean Metro Parking Lot, to benefit Lucky Dog Animal Rescue.
• HGA (Architects)minorStrategic or Co-development PartnerHGA was the architecture/interior design firm behind Capital One Hall, which won the International IIDA Interior Design Award in 2023.
• Atlantic 10 ConferencecoreStrategic or Co-development PartnerAtlantic 10 Conference uses Capital One Park as the venue for its Conference Championship games, hosting teams from member universities at the stadium.
• Georgetown UniversitycoreStrategic or Co-development PartnerGeorgetown University's baseball team uses Capital One Park as its home field. Georgetown also partners for La Omri restaurant at Capital One Center (opening late 2026) from the hospitality team behind Georgetown's Villa Yara.
• Marymount UniversitycoreStrategic or Co-development PartnerMarymount University's baseball team uses Capital One Park as its home field.
• Old Dominion Athletic Conference (ODAC)coreStrategic or Co-development PartnerOld Dominion Athletic Conference hosts its Conference Championship at Capital One Park.

Scale indicators15 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• The Wharf: The Wharf is a mixed-use waterfront destination in Washington DC combining retail, dining, hotels (InterContinental, Canopy), entertainment venues, and piers. It is the most directly comparable regional peer — a phased, transit-adjacent destination mixing cultural venues with curated dining and retail serving the same DMV catchment.
• Reston Town Center: Reston Town Center is a mixed-use development in Reston, VA combining retail, dining, hotels, ice-skating, and a cinema — directly comparable as a Northern Virginia mixed-use destination anchored by office tenants and designed around curated dining, retail, and community programming.
• Mosaic District: Mosaic District is a mixed-use development in Merrifield, VA combining retail, dining, entertainment venues, residential, and hotel space. It competes for the same Northern Virginia discretionary consumer and offers similar live-entertainment and curated-tenant programming.
• Tysons Corner Center / Tysons Galleria: The dominant enclosed shopping malls in Tysons, VA, anchored by Macy's, Bloomingdale's, and Nordstrom with extensive dining. They are the incumbent retail destinations in the same market and compete directly with Capital One Center for consumer wallet share and tenant leasing.
• CityCenterDC: CityCenterDC is a mixed-use development in downtown Washington DC combining luxury retail, chef-driven dining, residences, a hotel (Conrad), and public plazas. It is a direct peer as a trophy mixed-use destination in the DMV with curated dining and event programming.

Regional players

• Ballston Quarter: Ballston Quarter is a mixed-use development in Arlington, VA combining retail, dining, entertainment, residential, and office space. Comparable as a Northern Virginia mixed-use destination serving the same DMV metro, with curated dining and entertainment tenants.
• National Landing (Pentagon City/Crystal City): National Landing is a mixed-use district in Arlington, VA combining Amazon-anchored office, retail, dining, residential, and event venues. Comparable as a Northern Virginia mixed-use destination adjacent to transit with major-tenant anchoring and event programming.
• The Domain (Austin, TX): The Domain is an upscale mixed-use development in Austin, TX combining retail, dining, hotels, residential, and office. Comparable as a trophy mixed-use destination with curated dining, entertainment venues, and event programming serving a similar affluent suburban-to-urbanizing market, though in a different geography.
• Santana Row: Santana Row is a mixed-use development in San Jose, CA combining retail, dining, hotel, residential, and event space. Comparable as a curated mixed-use destination with chef-driven dining, hotel, and signature event programming serving an affluent suburban catchment, though in a different regional market.

Broad incumbents

• Hudson Yards: Hudson Yards is a 28-acre mixed-use development on Manhattan's West Side combining office, residential, retail, dining, a cultural center (The Shed), and a public plaza. Comparable as a trophy-scale mixed-use destination with cultural venue, curated dining, and event programming — but in a much larger, more established NYC market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/capitalonecenter
• LinkedInlinkedin.com/company/capital-one-center
• Instagraminstagram.com/capitalonecenter

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capital One Center