{"id":1004189613,"date":"2017-09-06T01:06:57","date_gmt":"2017-09-06T09:06:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004189613"},"modified":"2022-12-04T20:32:15","modified_gmt":"2022-12-05T04:32:15","slug":"skanska-tops-out-dc-office-development","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/skanska-tops-out-dc-office-development\/","title":{"rendered":"Skanska Tops Out DC Office Development"},"content":{"rendered":"

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

\"The<\/a>

The DC team signs final beam at topping out of 99M St. in Washington, D.C.<\/p><\/div>\n

Skanska has achieved the \u201ctopping out\u201d milestone at 99M, an 11-story, 234,000-square-foot Class A mixed-use building being built in Washington, D.C.\u2019s in-demand Capitol Riverfront neighborhood.<\/p>\n

The property will consist of nearly 220,000 square feet of office space, and about 11,000 square feet of retail and restaurant space on the ground floor.<\/p>\n

\u201cSkanska does not shy away from complicated projects that transform construction sites into real estate of the highest quality,\u201d <\/em>Mark Carroll, Skanska\u2019s head of real estate development operations in D.C., said in a prepared release. \u201cTopping out 99M is a testament to the skill and vision of a team that is setting a very high standard for flexible and sustainable construction.\u201d<\/em><\/p>\n

PYXERA Global\u00a0and the\u00a0Credit Union National Association have signed on as two of 99M\u2019s first tenants<\/a>, while restaurants\u00a0CIRCA\u00a0and\u00a0Open Road are taking two of the prime ground floor areas.<\/p>\n

Innovative design, appealing location<\/h2>\n

Gensler Architects designed the building in a way that maximizes views and sightlines to create flexible, efficient work spaces that support tenants\u2019 changing space needs. The building will feature a green roof and rooftop terrace, a club-grade fitness facility, secure bicycle storage and four levels of underground parking.<\/p>\n

\u201c99M is already garnering attention for its sophisticated design and environmental innovations in a coveted D.C. location, the Capitol Riverfront,\u201d <\/em>Carroll said. \u201cIts rich amenities and access to transportation only add to its appeal.\u201d<\/em><\/p>\n

The building is located at the corner of 1st and M Streets, SE,\u00a0steps from Nationals Ballpark and the Navy Yard-Ballpark Metrorail entrance, and just seven blocks from the U.S. Capitol.<\/p>\n

99M is scheduled to open sometime next year.<\/p>\n

Skanska’s focus on DC<\/h2>\n

Skanska is no stranger to the D.C. area. Its portfolio includes 2112 Pennsylvania Ave., an 11-story, 230,000-square-foot office building and approximately 10,000 square feet of ground floor retail; and\u00a0RESA\u00a0at Tyber Place, a new 326-unit luxury residential apartment building with significant rooftop amenities and approximately 7,000 square feet of ground-floor restaurant and retail space, located at 22 M St. NE, between North Capitol and First Streets, NE.<\/p>\n

The firm also recently completed the First Street Tunnel and is building the headquarters facility for the District of Columbia Water and Sewer Authority (D.C. Water) and American University\u2019s East Campus project.\u00a0<\/p>\n

Image courtesy of Skanska <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

99M will consist of nearly 220,000 square feet of office space, and about 11,000 square feet of retail and restaurant space on the ground floor.<\/p>\n","protected":false},"author":451,"featured_media":1004189614,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,11,21752,21742,21747,21749,1615],"tags":[33012,32886],"class_list":["post-1004189613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-midatlantic","category-mixed-use","category-latest","category-office","category-retail","category-washington-dc","tag-gensler","tag-skanska"],"acf":[],"yoast_head":"\nSkanska Tops Out DC Office Development - 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\/skanska-tops-out-dc-office-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Skanska Tops Out DC Office Development\" \/>\n<meta property=\"og:description\" content=\"99M will consist of nearly 220,000 square feet of office space, and about 11,000 square feet of retail and restaurant space on the ground floor.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/skanska-tops-out-dc-office-development\/\" \/>\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=\"2017-09-06T09:06:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-05T04:32:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/The-DC-team-signs-final-beam-at-topping-out-of-99M-St.-in-Washington-D.C..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\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\/skanska-tops-out-dc-office-development\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/skanska-tops-out-dc-office-development\/\",\"name\":\"Skanska Tops Out DC Office Development - 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