RE in areas that have a longterm development plan

[Nicole Chheng]

Hello! I was wondering how you would price properties that are in an area that has a long-term development plan. For example, the Tysons area in Virginia has had a development plan in place that includes new, modern residential buildings, office space, etc. that is set to be completed by 2040 and has already made much progress. With this in mind, are areas around these types of places already priced in for these expected developments? Thank you!