Washington D.C.
STAR Community Rating System Ranks D.C. Third Most Sustainable U.S. City
Washington, D.C.’s efforts to become a more sustainable city are paying off. Recently, the District was recognized as the third most sustainable city in the United States, under the STAR Community Rating System.
Developers Break Ground on $189M Apollo Mixed-Use Project
Insight Property Group and institutional investors advised by J.P. Morgan Asset Management announced on Wednesday, September 17, the start of construction for the Apollo, a mixed-use apartment project situated right in the heart of D.C.’s H Street NE corridor. At a cost of $189 million, the project is expected to be complete by early 2017.
DC’s 1800 K St. to Undergo $40M Trophy-Class Transformation
CBRE announced on Tuesday, September 16, that the office building at 1800 K Street NW will undergo a $40 million renovation. The project will turn the property into the District’s newest Trophy-class asset. Completion is scheduled for the first quarter of 2016.
Venable Pre-Leases 250 KSF in New Washington Office Building
In the first quarter of 2017, Venable L.L.C., a national law firm, will move its Washington, D.C., headquarters to a building under construction at 600 Massachusetts Ave., N.W.
Third Westin Hotel Opens in Arlington
Starwood Hotels & Resorts Worldwide, Inc. announced last week the opening of the Westin Crystal City. The new hotel is the third property to open in Arlington under the Westin Brand.
Akridge, Mitsui Fudosan Complete 170 KSF Office Project in Washington, D.C.
Akridge and Mitsui Fudosan America have just opened the doors of the new 1200 Seventeenth St., N.W.
Merritt Properties Starts Work on $10M Speculative Flex Building in Ashburn
Merritt Properties is trying to take advantage of the tightening Northern Virginia industrial market. The company announced on September 10, it has started construction on a new speculative flex building in Loudon County.
Douglas Development to Build 11-Story Trophy Office Building at 10th and F Streets
Douglas Development plans to start work later this year on a 94,000 square-foot landmark office property at the corner of 10th Street and F Street. Although the developer did not disclose the cost of the project, it announced that delivery is expected in the summer of 2016.
MRP Industrial, AEW Break Ground on 220,800-SF Spec Project in Prince George’s County
MRP Industrial, an affiliate of MRP Realty, and AEW Capital Management have recently broken ground on a new spec industrial building in Prince George’s County. The project is scheduled to be completed next spring.
Roadside Development-Dantes Partners Team Selected to Develop 1336 Eighth St., N.W.
Interim Deputy Mayor for Planning and Economic Development M. Jeffrey Miller announced on Tuesday, September 2, that Roadside Development and Dantes Partners have been selected to develop 1336 8th St. NW, a vacant lot at the corner of 8th & O Streets. The project will continue the revitalization of the Shaw/Convention Center neighborhood.