Lerner Enterprises history

1958 Ted is invited by local developer Isadore Gudelsky to lead the development of Wheaton Plaza.

1960 Wheaton Plaza opens as the largest shopping mall in the Washington, D.C. area and the sixth-largest in the country.

1968 Tysons Corner Center opens as the largest shopping mall in the Washington area, becoming what is still one of the most prominent and successful shopping centers in the country.

Lerner expects both he and his father to be at Nationals Park on July 17, when the club will host Washington’s first All-Star Game since 1969.

1972 Ted partners with friend Albert “Sonny” Abramson, a prominent local developer and founder of The Tower Companies, to open Landover Mall in Prince George’s County, Maryland.

1977 Lerner and Tower open White Flint in North Bethesda, Maryland, a shopping mall serving the highly educated and affluent Bethesda and Rockville markets in Montgomery County.

1982 Lerner and Tower open Washington Square, a one million square foot office and retail landmark in the heart of Washington’s Central Business District that remains one of the premier trophy assets in the Nation’s Capital.

1988 In partnership with Homart Development Company, the former real estate subsidiary of Sears Roebuck, Lerner opens Tysons Galleria in Tysons II. The Galleria quickly establishes itself as the premier luxury shopping destination in the region.

1995 Chelsea Piers Sports & Entertainment Complex opens in New York City, in which Lerner is a founding investor.

1999 In partnership with CIGNA, Lerner opens Dulles Town Center, a 1.4 million square foot shopping mall that is the only super-regional shopping center in Loudoun County.

Lerner and Tower complete 2000 Tower Oaks Boulevard in Rockville, Maryland, the headquarters for both companies and the first LEED® Platinum office building in the Mid-Atlantic region.

2002 Lerner opens Fallsgrove Village Center, a highly successful 150,000 square foot community shopping center in Fallsgrove, a 257-acre master-planned development in Rockville, Maryland.

Since the Lerners bought the Nationals from MLB for $450 million in 2006, there had been no clear path of succession should Ted Lerner, now 92, step aside.

2007 Lerner completes 20 M Street, a LEED® Gold office building in the heart of Washington’s vibrant Capitol Riverfront District.

2008 Nationals Park, a state-of-the-art ballpark that is the first major sports stadium in the country to be LEED® Certified, opens as the home of the Washington Nationals.

Since the Nationals became contenders in the 2012 season — they have won four of the past six NL East championships — the Lerner family has shown it will spend on talent.

2014 The Washington Nationals Dream Foundation opens the Washington Nationals Youth Baseball Academy, a world-class facility providing inner city youth with the opportunity to develop their baseball skills while fostering their academic and social development.

2017 Lerner completes Windmill Parc, the latest apartment home community in Dulles Town Center, which is now home to over 1,400 residential units as well as a Courtyard By Marriott Hotel, The Corporate Office Park at Dulles Town Center and the super-regional shopping mall.