Tysons, Virginia in the context of Tysons Galleria


Tysons, Virginia in the context of Tysons Galleria

⭐ Core Definition: Tysons, Virginia

Tysons, also known as Tysons Corner, is a census-designated place (CDP) in Fairfax County, Virginia, United States, spanning from the corner of SR 123 (Chain Bridge Road) and SR 7 (Leesburg Pike). It is part of the Washington metropolitan area and located in Northern Virginia between McLean and Vienna along the I-495.

Tysons is home to two super-regional shopping malls, Tysons Corner Center and Tysons Galleria, and the corporate and administrative headquarters of Alarm.com, Appian, Booz Allen Hamilton, Capital One, Freddie Mac, Hilton Worldwide, ID.me, Intelsat, M.C. Dean, Inc., MicroStrategy, and Tegna Inc.

↓ Menu
HINT:

In this Dossier

Tysons, Virginia in the context of Edge city

An edge city is a concentration of business, shopping, and entertainment outside a traditional downtown or central business district, in what had previously been a suburban, residential or rural area. The term was popularized by the 1991 book Edge City: Life on the New Frontier by Joel Garreau, who established its current meaning while working as a reporter for The Washington Post. Garreau argues that the edge city has become the standard form of urban growth worldwide, representing a 20th-century urban form unlike that of the 19th-century central downtown. Other terms for these areas include suburban activity centers, megacenters, and suburban business districts. These districts have now developed in many countries.

View the full Wikipedia page for Edge city
↑ Return to Menu

Tysons, Virginia in the context of Freddie Mac

The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is an American publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons, Virginia. The FHLMC was created in 1970 to expand the secondary market for mortgages in the US. Along with its sister organization, the Federal National Mortgage Association (Fannie Mae), Freddie Mac buys mortgages, pools them, and sells them as a mortgage-backed security (MBS) to private investors on the open market. This secondary mortgage market increases the supply of money available for mortgage lending and increases the money available for new home purchases. The name "Freddie Mac" is a variant of the FHLMC initialism of the company's full name that was adopted officially for ease of identification.

On September 7, 2008, Federal Housing Finance Agency (FHFA) director James B. Lockhart III announced he had put Fannie Mae and Freddie Mac under the conservatorship of the FHFA (see Federal takeover of Fannie Mae and Freddie Mac). The action has been described as "one of the most sweeping government interventions in private financial markets in decades". As of the start of the conservatorship, the United States Department of the Treasury had contracted to acquire US$1 billion in Freddie Mac senior preferred stock, paying at a rate of 10% per year, and the total investment may subsequently rise to as much as US$100 billion. Shares of Freddie Mac stock, however, plummeted to about one U.S. dollar on September 8, 2008, and dropped a further 50% on June 16, 2010, when the stocks delisted due to falling below minimum share prices for the NYSE. In 2008, the yield on U.S Treasury securities rose in anticipation of increased U.S. federal debt. The housing market and economy eventually recovered, making Freddie Mac profitable once again.

View the full Wikipedia page for Freddie Mac
↑ Return to Menu

Tysons, Virginia in the context of Tegna Inc.

Tegna Inc. (stylized in all caps as TEGNA) is an American publicly traded broadcast, digital media and marketing services company headquartered in Tysons, Virginia. It was created on June 29, 2015, when the Gannett Company split into two publicly traded companies. Tegna comprised the more profitable broadcast television and digital media divisions of the old Gannett, while Gannett's publishing interests were spun off as a "new" company which retained the Gannett name (later renamed to the USA Today Co.). Tegna owns or operates 68 television stations in 54 markets, and holds properties in digital media.

In terms of audience reach, Tegna is the largest group owner of NBC-affiliated stations, ahead of Hearst Television and Sinclair Broadcast Group. Tegna is the fourth-largest group owner of ABC affiliates, behind Hearst, the E. W. Scripps Company, and Sinclair. Tegna also owns two digital multicast networks (True Crime Network and Quest).

View the full Wikipedia page for Tegna Inc.
↑ Return to Menu