Real Estate 2025: CLEMENTE, CHRISTOPHER

Founder of the 40-year-old Comstock organization, Clemente is the son-in-law of NVR founder Dwight Schar, who is a co-owner of Comstock Partners with Clemente. Both are major shareholders of Comstock Holdings, which is among the mid-Atlantic’s largest developers of mixed-use and transit-oriented developments. Comstock’s 2024 revenue was $51.3 million, with a managed portfolio of 72 properties.

It’s best known for developing Reston Station, the 10-acre, mixed-use development near Reston’s first Metro station. The 28-floor JW Marriott Hotel and Residences on The Row at Reston Station, a 243-room hotel that will include 93 condos, is set to open in September. Comstock also filed a plan in March to expand Reston Station into a 130-acre development with new residential and commercial buildings.

Starting in 2023, the company has advocated building a casino in Fairfax County, which requires action by state legislators. Three years in a row, bills have failed, but boosters have voiced hope for progress in 2026. Clemente blamed an “out-of-state special interest group” for the defeat in February without specifically

naming MGM, which owns the MGM National Harbor Hotel & Casino in Maryland.

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