{"id":1004171364,"date":"2017-04-04T03:43:22","date_gmt":"2017-04-04T11:43:22","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004171364"},"modified":"2022-12-08T18:25:13","modified_gmt":"2022-12-09T02:25:13","slug":"ymca-redevelopment-in-central-dc-breaks-ground","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ymca-redevelopment-in-central-dc-breaks-ground\/","title":{"rendered":"YMCA Redevelopment in Central DC Breaks Ground"},"content":{"rendered":"

By Keith Loria, Contributing Editor<\/em><\/p>\n

Akridge and Alcion Ventures, LP, held a groundbreaking at 1701 Rhode Island in Washington, D.C., to transform a former YMCA into a contemporary, 102,000-square-foot property.<\/p>\n

\"1701<\/a>

1701 Rhode Island in Washington, D.C<\/p><\/div>\n

The company acquired the property in 2015<\/a>.<\/p>\n

“1701\u00a0Rhode Island\u00a0will deliver a modern, beautifully designed property in the heart of D.C.,” <\/em>Matt Klein, Akridge\u2019s president, said in a prepared release. “One of the project\u2019s greatest strengths is its boutique size, which will offer small- and medium-size clients the opportunity for prominent identity in a new, Class A building<\/em>.”<\/p>\n

The property will offer a penthouse conference facility, lounge, and landscaped terrace; naturally-lit fitness facility; private pocket park for the ground floor Client; and, private roof decks on the penthouse and seventh floors.<\/p>\n

Situated on the corner of Rhode Island Avenue and 17th St., the freestanding building will pay homage to the historic St. Matthew\u2019s Cathedral to the west and the bustling residential neighborhoods to the north.<\/p>\n

The building is located is D.C.\u2019s central business district, a few short blocks from Farragut North and the K Street Corridor. It\u2019s also close by some of the area\u2019s hottest restaurants and most popular nightspots.<\/p>\n

“This development exemplifies the continued growth of the District\u2019s economy and the strength of our real estate market<\/em>,” said D.C. Mayor\u00a0Muriel Bowser in the release. “We will continue to double down on projects that not only attract and retain businesses, but lead to more job opportunities.”<\/em><\/p>\n

The new property is expected to deliver in the third quarter of 2018 and will feature ample natural light and a full host of amenities.<\/p>\n","protected":false},"excerpt":{"rendered":"

Akridge and Alcion Ventures are building the 102,000-square-foot office facility at the intersection of the Golden Triangle business district, the greater Dupont Circle neighborhood and the Fourteenth Street corridor.<\/p>\n","protected":false},"author":451,"featured_media":1004171370,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,11,21742,21747,1615],"tags":[34771,34423,34772,34773,34770],"class_list":["post-1004171364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-midatlantic","category-latest","category-office","category-washington-dc","tag-akridge","tag-alcion-ventures","tag-matt-klein","tag-mayor-muriel-bowser","tag-ymca"],"acf":[],"yoast_head":"\nYMCA Redevelopment in Central DC Breaks Ground - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ymca-redevelopment-in-central-dc-breaks-ground\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"YMCA Redevelopment in Central DC Breaks Ground\" \/>\n<meta property=\"og:description\" content=\"Akridge and Alcion Ventures are building the 102,000-square-foot office facility at the intersection of the Golden Triangle business district, the greater Dupont Circle neighborhood and the Fourteenth Street corridor.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/ymca-redevelopment-in-central-dc-breaks-ground\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-04T11:43:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:25:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/1701-Rhode-Island-in-Washington-D.C..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keith Loria\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ymca-redevelopment-in-central-dc-breaks-ground\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/ymca-redevelopment-in-central-dc-breaks-ground\/\",\"name\":\"YMCA Redevelopment in Central DC Breaks Ground - 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