Showing posts with label Skanska. Show all posts
Showing posts with label Skanska. Show all posts

Thursday, December 13, 2012

DC's Massive Pipeline Project Being Rethought

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Area watersheds.  Image: DC Water
Billions of dollars in spending set aside for a massive pipeline project to keep polluted DC water out of area waters could get delayed and re-channeled to more decentralized infrastructure like rain gardens, rainwater harvesting, trees and rain barrels - that is, if DC's independent water authority gets its way.

The sea change in the city's 20-year timeline for cleaning up area rivers will happen only if DC Water can renegotiate a 2005 federal decree to build the full tunnel system.  That consent decree from the Environmental Protection Agency emerged out of a lawsuit over DC's management of runoff in which several environmental groups were plaintiffs.

A decision on the future flow of the city's $4.6 billion Clean Rivers Project could come in the next week or so, a spokeswoman with the city's water authority, The District of Columbia Water and Sewer Authority, or DC Water, told DCMud this week.

"It might shift to a more green solution, or it might be a hybrid of the two: green and gray," DC Water spokeswoman Pamela Mooring told DCMud.  Green infrastructure, here, refers to infrastructure that absorbs or uses water before it enters the sewer system in the first place.  Gray solutions refer to engineering to deal with runoff after it happens - in this case, a massive tunnel infrastructure project to build underground storage tanks for overflow.

The water authority is making efforts to re-focus the Clean Rivers Project for an eight-year pilot "Low-Impact Development" program.  The proposal could emphasize infrastructure like rain barrels and rain gardens instead of pipes that have been the mainstay of water channelling.  DC Water says that approach - if it proves successful - could render two future pipelines, planned to keep run-off out of the Rock Creek and Potomac waters, obsolete, possibly saving millions of dollars.  It notes that other cities including Kansas City and St. Louis have already experimented with similar versions of green infrastructure.

Blue Plains Treatment Plant. Image: DC Water
DC Water says revising the plan could save rate-payers millions of dollars and slash $120 from the monthly water bill increases forecast by the end of the decade.

Old System, Old Problem

Regardless, consensus holds that the city must do something about its dirty water problem.  About one third of DC's water system was built in the 1800's, before pipe systems separated storm water, or run-off from non-permeable surfaces, from sewage.  That part of the system is called a combined sewer system (CSS), and when heavy rains like those from Hurricane Sandy hit the low-lying city, the CSS can't handle all the water and dumps it - along with sewage - into area watersheds, reducing water oxygen levels and killing wildlife at 53 documented places.

A portion of the pipeline system planned for the Anacostia River is already under construction.  In 2011, DC Water awarded a $330 million contract to a joint proposal from Traylor brothers-Skanska-JayDee (TSJD) to build the first part of the system.  The pipe, 23 feet in diameter, would be laid 100 feet underground and extend 12,500 feet from southwest DC, along the Potomac and under the Anacostia to about RFK Stadium.  Slated for completion in January, 2018, the massive system will hold dirty water from the CSS until it can be piped to the Blue Plains Treatment Plant for processing in dryer weather.  Of the scale of the project, DC Water General Manager George Hawkins called it "absolutely huge." "The machine our teams will use to build these tunnels is the size of a football field," and needs to be assembled underground.
Image: courtesy Mike Bolinder,

Riparian Repair - "Not a Zero Sum Game"

Although he supports a low-impact development approach, Anacostia Riverkeeper Mike Bolinder said it's an approach that he supports in combination with the full, planned tunnel system.  "In general I love the idea of green infrastructure, but there is a consent decree in place."

Bolinder said yearly sewage overflow into all three DC watersheds amounts to 2.5 billion gallons.

On the money question, Bolinder said the CSS under the city was built in the time of Abraham Lincoln, so it makes sense that replacing it will cost some money.  There is also the cost of maintaining and monitoring the efficacy of low-impact development.  "If they don't maintain rain gardens, they stop retaining stormwater," Bolinder said.  "Then we have the same system that we had beforehand, with a couple of rain gardens."

Washington D.C. real estate development news

Wednesday, November 14, 2012

New Renderings for Ballpark Project

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With plans now officially on the table for Square 701, the block-long development just north of the ballpark, new images reveal additional details about the project that will add an 11-story office building, 170-room hotel, and 2 residential buildings to the ballpark area.  Work on the buildings is still at least 6 months away; developers Skanska USA and Grosvenor Americas closed on their purchase just last month and are now working on details of the by-right development.

Skanska will build the office building, designed by Gensler, and Grosvenor will build the hotel and 285 residential units, designed by Hickok Cole.  55,000 s.f. of retail space is also planned.  Since that announcement, new renderings have surfaced, see below.  The new office building is being designed to earn a LEED Gold platinum rating.









Washington D.C. real estate development news

Wednesday, October 10, 2012

Grosvenor, Skanska Close on Ballpark Site, Hope for Construction Next Summer

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Capitol Riverfront real estate developmentThe Capitol Riverfront neighborhood got another shot in the arm today as developers announced a new project adjacent to the Nationals ballpark.  Developers Skanska USA and Grosvenor Americas closed yesterday on their purchase of the long block on 1st Street, SE, between M and N Streets, just north of the ballpark, and hope to begin construction by next summer.

Washington DC commercial property
The site, known as Square 701, will hold four buildings with more than 650,000 s.f. in total:

-An 11-story, 224,000 s.f. office building (built by Skanska, designed by Gensler, see rendering below),

-A 170-room hotel (by Grosvenor),

-Two residential buildings with a total of 285 units and connected by a "trellised glass bridge" (by Grosvenor, designed by Hickok Cole).
Washington DC retail for lease

In all, the site will offer up to 55,000 s.f. of retail space.  The land had been owned by Potomac-based Willco Companies since 1948, and was cleared of buildings several years ago; in a simultaneous transaction Grosvenor purchased nearly the entire block from Willco and Skanska purchased the northernmost portion of the site from Grosvenor.  The site is adjacent to the hole Monument Realty excavated in 2007 and has left sitting ever since.  Rob Ward of Skanska says that while Grosvenor and Skanska are not technical or financial partners on the project, they will be working in tandem to unify the site.

Ward tells DCMud that while Willco had its own plans for the site, both Skanska and Grosvenor are developing new building designs, which have been wending their way through DC's zoning process throughout the summer.  Ward expects that under the most optimistic circumstances work could be underway on either the residential or office component as early as next summer; to date the developers have been in discussion with the ANC and zoning officials but "don't have enough design to pull permits yet."  Ward says the project is "basically by-right zoning" and "consistent with what the city has in mind for the site."

The new building is being designed to earn a LEED Gold platinum rating.  McCaffery Interests will be representing Grosvenor on construction elements of the project, which include the alley (Cushing Place) between this site and Monument's land.  The alley is expected to be reopened, though Ward notes that he has no news on Monument's projections for work to resume.  Below is a site plan - north is up.

Washington D.C. real estate development news

Tuesday, January 24, 2012

MRP Plans "Trophy" Office Space in Penn Quarter

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MidAtlantic Realty Partners LLC, better known as MRP, today announced a joint venture with real estate investment management firm Rockpoint Group LLC to build a new Class A "trophy" office building at the southwest corner of 9th and G Streets in Penn Quarter, the former location of the National Capital Area YWCA.


The 112,000 s.f., nine-story building will be designed by San Francisco-based Gensler. Like many of its Washington contemporaries it will include a glass-wrapped exterior with nine-foot ceilings for levels two through seven and two penthouse levels with ten-foot ceilings that have views of the Capitol and the Washington Monument. The company says it will be LEED-Gold certified and will also include a "green" roof with storm water treatment. MRP says the building will use 12 percent less energy and 40 percent less water than typical office spaces.

"We will develop a dramatic building that visually captures the corner while creating an active and memorable street-level retail experience," said Bob Murphy, managing partner of MRP Realty in a statement.

Julie Chase, a spokeswoman for MRP says the tenants of the 9-story building currently on the site are expected to move out by June of this year and that the building will be torn down "immediately after." Chase said MRP was not willing to release the overall costs of the construction. "They will be commensurate with a high-quality trophy building," she said.

The corner is already home to the Ludwig Mies van der Rohe-designed
Martin Luther King Jr. library, and will sit astride the Smithsonian Museum of American Art, the National Portrait Gallery and Gallery Place Metro, connecting to the Red, Green and Yellow lines. Skanska Commercial Development recently completed an $85 million "trophy" space at 10th and G Street.

The National Capital YWCA, which occupied the lower floors of the 9th Street building, moved to a new 15,000 square-foot location at 14th and Florida in December.
Washington D.C. real estate development news

Monday, December 05, 2011

Capitol Riverfront's Harris Teeter Beginning Work this Week

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Forest City will begin work this week on Parcel D of its Yards development, including a new apartment building and Harris Teeter. Having secured its last required permit on Friday, according to Ted Skirbunt of the Capitol Riverfront BID, Forest City can now begin its 225-unit apartment with a 50,000-s.f. Harris Teeter, 30,000-s.f. Vida fitness center, and 10,000 s.f. of additional retail space.

Gary McManus, a spokesperson for Forest City, acknowledged that initial work is now beginning, larger scale construction is a month away. "While there may be some site mobilization prior to the holidays, the actual excavation won’t begin to any great degree until January... Excavation is likely to be completed by late April/early May."

With construction underway soon, Harris Teeter could still open in 2013, but according to McManus, Forest City is waiting to confirm a project completion / opening date until next spring, after excavation is done and when more signed retail tenants can be announced.

The design by Shalom Baranes Architects is for two buildings that will be expressed as three, with two residential towers (one above the Harris Teeter running along most of 4th Street, shown above), and one shorter retail building located on the corner with a look separate from the residential portion of the project. The retail building includes 30,000 s.f. ground-floor retail topped by the Vida health club (seen at right).

Washington D.C. real estate development news

Wednesday, October 12, 2011

Forest City to Begin Construction of 225 Apartments, Harris Teeter in Southeast

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With a building permit to construct the next component of the Yards in hand, Forest City says construction of the Harris Teeter and new apartment building is less than two months away. Permits were issued a month ago, and Forest City's Gary McManus confirms that "[e]xcavation [at Parcel D] will commence within the next 60 days... construction will be underway on that site prior to the end of this year."

Currently, Forest City is focused on phase one (of three) of its 42-acre Yards development in Southeast, D.C. With the first-phase Riverfront Park and Foundry Lofts already completed, and the Boilermaker Shops underway, the developer now turns to construction of Parcel D: a 225-unit apartment with a 50,000-s.f. Harris Teeter, 30,000-s.f. Vida fitness center, and 30,000-s.f. of additional retail space.

Parcel D's site runs along the east side of 4th Street, between Tingey and M Street. The project, under general contractor Skanska, aims for late 2013 completion.

Designed by Shalom Baranes, the site includes two buildings that will appear as having three distinct components: two residential towers (one above the Harris Teeter on 4th Street), and a shorter retail and fitness center building on the southernmost section of the lot (as seen above).

Directly across from Parcel D's retail building is the 2-story Boilermaker Shops (Parcel K) which includes 34,500 s.f. of retail with 12,000 s.f. of office space above, expected to deliver in the fall of 2012.

Rounding out phase one of the development are parcels E and N, both still in the design phase.

Along with Forest City's summer announcement that the Harris Teeter was a done deal at Parcel D, the developer revealed that two concepts - one being an artisan brew pub - will be crafted by the Neighborhood Restaurant Group for the Boilermaker Shops. NRG's concepts will share a roof with Buzz Bakery, Huey's 24/7 Diner, Austin Grill Express, brb (be right burger) and Willie’s Brew & ‘cue by Xavier Cervera, who is also remaking the Hawk 'n' Dove on Capitol Hill, and opening a pizzeria with raw bar in Southeast's Canal Park.

Also nearing completion in Southeast is a one-mile stretch of river-walk trail linking Yards Park and Diamond Teague Park & Piers. According to Ted Skirbunt with the Capitol Riverfront BID, the completion - next month - of this connection will create enhanced public access and enjoyment of the Southeast riverfront.

Washington D.C. real estate development news

Wednesday, August 10, 2011

Take a Chance on Me: Skanska Mulls Speculative Offices for NoMa

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For a world of runaway debt, careening stock markets, sinking credit ratings and overall financial gloom, the Washington D.C. commercial real estate market is a surprisingly bullish place. One such believer is Skanska, fresh off success with a speculative office project in Penn Quarter, and mulling an encore for its NoMa project that it purchased last January.

With a potential for 680,000 s.f. of development, the site would be Skanska's largest DC area project to date, by far. But the developer is in a building mood, having now leased out 90% of its speculative downtown office project at 10th & G before the doors even open, and with "sincerely strong" interest in its Wilson Boulevard office project. With that tailwind, Skanska is putting the final touches on a design for a two-phase office project that could be moving dirt by next summer. With Davis Carter Scott at work designing 300,000 s.f. of office space for phase 1, the developer "is going full bore on all pre-development activity at this time," says Skanska Executive Vice President Rob Ward.

Not that Skanska would be the first polyanna to build without an anchor tenant already signed on, some of the largest office projects to date have kicked off without a financial savior, such as Monday Properties' 35 story office tower in Rosslyn and the CityCenter DC, both of which are well into construction without a single name to hang in the lobby.

And not that Skanska isn't working on a lead tenant; project supervisors have interviewed commercial brokers and expect to announce a leasing team next week. Still, Ward says the building is "100% funded" from internal capital, and the company can make the decision to build - or not - based on market conditions next spring when planning has run its course. "Its automatically a go if we get tenants, but we'll make that call by the middle of next year."

On the books so far is a large office project for phase 1, which Ward says will be a LEED Platinum design within the existing zoning envelope. Ward notes that while current zoning allows for 680,000 s.f. of development, "we'll be very careful how we build out to maximize light rather than the building footprint." While the retail component is not large - somewhere around 15,000 s.f. - Ward foresees a neighborhood enhancer rather than just a building-serving retail space; "a nice location for a good restaurant and bar."

Skanska's record bodes well for a spec project, and the NoMa numbers are still sound, with the vacancy rate just 9% within the NoMa BID according to Delta Associates.

At 10th & G Streets, Skanska is celebrating a 90% lease up of the office building - its first in the United States - that will complete next month after starting off sans tenant. Only about 16,000 of the 165,000 s.f. office building remain unclaimed, and the 4,000 s.f. ground floor retail space has been leased to Comma, which will serve 3 squares a day. 3 major tenants account for most of the leasing activity that is expected to earn LEED Gold certification.

Skanska bought the NoMa property at First and M Streets, NE, last January for $41 million from an affiliate of the Polinger Company. The site was designated as phases II and III of Capital Plaza, though Skanska will rename the project. Skanska is a Swedish-born company with offices in the United States, including Washington D.C.

Washington D.C. real estate development news

Thursday, March 17, 2011

Neighborhood Report: Capitol Riverfront Southeast

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"Our neighborhood is no longer emerging," said Michael Stephens, Executive Director of the the Capitol Riverfront Business Improvement District. "It has blossomed." Stephens cites 35,000 people who commute to work in the area every day and the rising number of residents to buttress the growing retail imprint just north of the Anacostia River.
Retail, restaurants and office space leases are filling in at a more rapid rate than counterpoint emerging neighborhood NoMa, where the snap-up of square footage has been dominated by office leases. Sexier retail - even indie tenants such as as Pound Coffee have defected to Capitol Hill, while Capitol Waterfront is a hot commodity for retailers.
It helps that temporary projects draw the young and artsy to the water - Trapeze School Washington, Sensorium Dining and Art at the Yards generate buzz. Then there's the developing Canal Park that's scheduled to open in May 2012, Yards Park which opened last year, and Diamond Teague Park that was completed in 2009. In the meantime, enter the bridge to connect the two parks. And of course there's the ball park.

Many completed office buildings have lassoed tenants. Monument Realty's 55 M Street S.E. is 86% leased, with tenants such as the FAA and DDOT. Several D.C. government offices plan to move to the neighborhood in the second quarter, and this month Booz Allen Hamilton moved into 20 M Street, bumping the building to 97% leased. And 1015 Half Street, the former Opus East LLC and Prudential Real Estate Investors partnership that was resuscitated by Skanska this past May, is slated to open in July.

Both
Lumber Shed at The Yards Park Pavilion and The Yards Boilermaker Shops are among the most anticipated retail projects. Both buildings - the Lumber Shed at 100 Water Street and Boilermaker Shops at 200 Tingey Street - are part of the National Register of Historic Places, with Forest City Washington as developer and Gensler shepherding construction and design. Among other tenants, Neighborhood Restaurant Group has signed a lease for a restaurant that's expected to become a brewpub. According to Ramsey Meiser, Senior Vice President of Development at Forest City, 50% of the Lumber Shed and 70% of the Boilermaker Shops leases are tied down. Estimated opening date is early 2013.

Over at 400 Tingey Street S.E., Michael Stevens confirms that "a major health club" is signing a lease for 30,000 s.f. of this Forest City cite; sources tell DCMud that said major health club is VIDA Fitness, and that the lease is a done deal.

Also destined for the block at 401 M Street is a 50,000 s.f. Harris Teeter, above which will rise two residential towers with 220 units, with 20% affordable housing, also by Forest City. Environmental remediation will continue through the year with construction is expected to begin in the spring of 2012.

The big news as far as grocery stores in the area has been the potential for a Whole Foods at 800 New Jersey Avenue, S.E., however, the developer William C. Smith + Co. and the grocer are looking for tax abatement to the tune of $8 million over ten years. The groups have apparently been discussing a store for the site since 2002. With a city handing out tax breaks to far less game-changing endeavors - but now strapped for funds - the plan is still given better than even odds.

Among residential options, of Capitol Quarter's EYA development of 113 homes, phase I has sold out, and the 130 homes of Phase II are on the market now, with a move-in date of June 1. Construction had started in 2008, with Phase I construction completed in May of last year.

Other apartments include the off-then-on Foundry Lofts project at 201 Tingey Street S.E. which will offer 10,000 s.f. of retail and 170 market rate units. Forest City was able to resume building in September of 2010 as a result of President Obama's New Issue Bond Program (NIBP) that allowed for the D.C. Housing and Finance Agency (DCHFA) to fund the project and kick it forward. Leasing will begin this summer, with move-in likely in October.

In a holding pattern are several other projects awaiting financing. They include Factory 202, the SK&I-designed building that had been home to Federal Protective Services which was to have become a condo building. Forest City is still entertaining other plans for the site, but as of now it is considered a building for a later phase of development.

Though Monument Realty's 55 M Street is filling up, there is no start date for the hotel or residential buildings at Half Street since funding has not been secured since Lehman Brothers' exit. The grand plans for this property tanked with the fall of the economy, leaving a crater sized hole in 2008.

Akridge's Half Street mixed use office, residential and retail tower is also on hold, as developers are in the process of securing an office tenant. "We've just picked things up again in regard to design," said Kathy McDaniel, Project Administrator for Akridge. "Three months from now, we will have more progress to report."

Still on the boards is the CSX plan to widen its rail lines that run under Virginia Avenue, which is not marketed as loudly, partly because it will be some time before the location will be affected. A $98 million TIGER grant will raise the clearance in 38 locations in three states; 23 more need to be funded and amended before the bigger clearance allows for taller trains. The Virginia Avenue tunnel is among the largest and the most expensive pieces of the project.

Washington, D.C. real estate development news

Thursday, February 24, 2011

Rosslyn Office Project Breaks Ground Today

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This morning marks groundbreaking at 1776 Wilson Boulevard in Arlington, a self-financed Skanska development of a five-story office building with 108,000 s.f. of rentable space and 26,000 s.f. of retail. Skanska is shooting for completion in a year and a half.

Skanska purchased the site for $10 million in 2010 from George Contis, whose property had housed Medical Service Corporation International. Skanska will build out the RTKL-designed plans, having stepped into the shoes of this and several stalled DC area projects like the PN Hoffman office project at 10th & G and Opus's southeast office project at M and Half Streets.

The ground breaking ceremony begins on site at 11:30 A.M.

Arlington, Virginia Real Estate development news

Thursday, February 03, 2011

Neighborhood Report: NoMa

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So named for its location north of Massachusetts Avenue, NoMa is a neighborhood that's beginning to assert an identity, if still gangly in its adolescence. But developers and restaurateurs have faith the area will take shape. Here's what's happening:

Gillian Clark's Kitchen on K: Clark's new restaurant, inspired by her now-gone Colorado Kitchen is between four and eight weeks away from permitting. A bigger space and proximity to the Metro means Clark, now the chef at Silver Spring's General Store, plans on daytime and late night hours. In a nod to its progenitor, the menu will showcase French technique via comfort food favorites, as well as donuts during brunch her customers keep asking about. Opening dates? "Ideally spring, but there is no such thing as ideal."

Work in Progress, Todd Gray's Watershed: A few blocks from Clark's spot, Equinox chef Todd Gray and wife Ellen are opening Watershed in NoMa's Hilton Garden Inn. In addition to the raw bar, patio, restaurant and lounge, the Grays will also focus on cooking up morning meals. "D.C. has a real need for power breakfast spots," said Todd. Perhaps Clark and Gray will draw business from Charlie Palmer, the reigning champion of the genre. Watershed will be the sole restaurant in the hotel, which is slated to open in April.

On Skanska's NoMa Development: Sara Krouse of Washington Business Journal reported on the Skanska deal earlier this week, which Executive Vice President Rob Ward says is slated to become office buildings, hotels and potentially residential space. The 63,790 square foot property is located at 1st and M Streets N.E.

NoMa Living: The Loree Grand, which will house Clark's restaurant, was the first new residential projects in the area in over a century. Of the 212 residential units, 66% have been leased. Archstone also has a residential project underway, 469 apartments set for completion in late 2012.

Constitution Square: Of the 440 residential units in The Flats 130, 90 have already been leased since its opening late last year, with 19 new leases just in January. Also set to open in the area is Roti as well as the largest location of The Perfect Pita, which has leased space across from The Courtyard Marriott.

90K: Of the space that's primarily for offices, 50% has been leased. The 412,000 square foot office building also houses retail, which has yet to be claimed. Built by Clark Construction, designed by SmithGroup, the building is the newest office building by Trammel Crow Company.
111 K Street: Sales of J Street's corporate condo (pictured, right), initially fast, have stalled as buyers such as Sierra Club and YWCA have backed out.

50 Florida Avenue: This former Metro Ice warehouse just sold as a redevelopment project to B & B Realty Investments. "We are in the middle of contemplating what we want this space to become," said Rick Brown, a Principal of B&B. "We had a three to five year plan but recent growth in the area has prompted us to reconsider."

Washington DC real estate development news

Thursday, October 28, 2010

Buildings at 1776 Wilson Blvd to Crumble Soon

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As Skanska continues to build up at 10th and G Streets NW, approaching "concrete topping out," developers expect the current buildings at their project site on the west side of the Potomac to come down very shortly. Rosslyn's Medical Service Corp. International office, Arlington Motor Cars, and Fashion Dreams, purchased from George Contis for ten million dollars in early 2009, are set to be razed in early December. Already approved development plans were included in the deal, and Skanska will follow through on the original RTKL-inspired vision of 142,000 s.f. of office space with a full ground floor of retail at 1776 Wilson Blvd. Although construction won't be coming "out of the ground" until February, with an official groundbreaking happening shortly after, Jessica Murray of Skanska assured DCMud that "you'll see activity happening before then." While Murray was able to promise impending explosions (figuratively not literally) and subsequent dirt-pushing, she could not report any lease agreement for the office or retail space at this time. "You'll know when that happens," she added.

Meanwhile, Skanska reports that construction crews are "currently placing concrete on the seventh floor" at 733 10th Street NW. Masonry work should begin next month and curtain wall glass is anticipated to begin at the end of November. Murray also confirmed that developers expect the 3,946 s.f. purchased from the First Congregational United Church of Christ's (originally the owners of the property) stake in the ground-floor of the building will likely feature a "white tablecloth" dining establishment as well as a cafe. The Church will maintain its presence in the new building with a freshly designed 25,000 s.f. of worship and office space. Substantial completion of the building is expected in September of 2011.

Correction: Skanska representatives wish to impart to DCMud and their readers that in fact NO EXPLOSIONS will actually happen during demolitions in Rosslyn. Furthermore, the restaurant space going there is not white tablecloth, quite the opposite, as the style of eatery will be either "fast casual" or a café. Jessica Murray explained that this is an important distinction given the zoning issues at hand.

Washington, D.C. Real Estate Development News

Saturday, September 18, 2010

Skanska Office Project to Fill in Wilson Boulevard

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Skanska USA announced on Friday that it would turn a pair of single-family homes-turned business into a 5-story Class A office building in Rosslyn at 1776 Wilson Boulevard. The self-financed project will turn one of the increasingly scarce development cavities on Arlington's main boulevard into 108,000 s.f. of office with a full ground floor of retail, designed to meet LEED Gold standards. Skanska says demolition of the existing buildings will take place within the next few months.

Skanska purchased the site for $10m this summer from George Contis, who had planned and received approval to scrap his own Medical Service Corporation International and build a medical office building on the site, a project Contis intended to start in early 2009. Skanska will take over Contis' plans, including the "virtually column-free" RTKL designed building, adapting it to much sought-after office space (oh wait, we got it confused with 2005 for a minute). Executive Vice President Rob Ward called it "an extraordinary site" in a statement, and promised completion in about a year and half. A 231 space, 3-level parking garage beneath the building will service tenants. It also appears that Skanska will honor Contis' plans to extend N. Quinn St, connecting Clarendon and Wilson Boulevards, breaking up the "super-block" and adding a pedestrian plaza.
Skanska touts that green credentials will be achieved with a vegetated roof, "energy-efficient windows" (those crazy Swedes), power outlets in the garage for electric vehicles, and improved air quality "to enhance worker productivity." Future employees take note. Skanska's speculative office endeavors include an office building under construction at 10th & G in Penn Quarter; its construction arm is finishing up work on an office building at Half and K Streets, in southeast DC.

Arlington Virginia real estate development news

Tuesday, June 08, 2010

Skanska Celebrates Progress at 10th and G Streets

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When is a groundbreaking not a groundbreaking? Perhaps when the project is already well under way and a small box of dirt serves as shovel fodder on the rooftop of a nearby building, which was the scene at today's groundbreaking at 733 10th Street, NW. Still, progress is progress, and the new 10-story, 200,000 s.f. Skanska building at 10th and G Streets, NW, will change the face of the site that neighbors the MLK Library. According to Robert Ward, Executive Vice President at Skanska, the new structure should top out by the end of the year.

A church, in various iterations (see demolished church, at bottom), has sat at the site since 1865. Over five years ago First Congregational United Church of Christ released an RFP for the site, originally selecting PNHoffman as the developer for what was then planned as a combined condominium, church office, and homeless shelter and later an office building. When the developer ultimately lost financing, Ward and his team stepped into the picture and have been working with PNHoffman and the congregation to rework the plan for the downtown site for almost a year. Skanska now acts as the developer, financier and general contractor with PNHoffman as non-financing partner.

Under the agreement between Skanska and the church, Skanska will spend $21 million on the build out, and the church will get 25,000 s.f. of worship and office space, and 20 below-grade parking spaces. The religious portion will be designed by Todd Williams Billie Tsien Architects of New York.

Designed by Cunningham | Quill to achieve LEED Gold certification, the building will feature a vegetated green roof and hexagonal glass facade - from the fourth floor up. Upwards of 4,000 s.f. of ground floor retail will be a "nice enhancement" for the neighborhood, according to Ward, who hopes to secure a restaurant tenant. Delivery is expected by October of 2011, with development costs around $85 million.

Washington, DC real estate development news

Tuesday, May 11, 2010

Making Half Street Whole

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Construction noises and dust are a welcome sign at 1015 Half Street, a planned office project that fell victim to the economic times and has sat half-finished ever since construction stopped in mid 2009. The halted project was the product of a partnership between Opus East, LLC and Prudential Real Estate Investors until Opus ran aground and filed for bankruptcy in mid-2009. Now that court-appointed receiver, Douglas Wilson Companies, is in the picture, general contractor Skanska USA Building has a new $26 million contract to begin work again on the shell and bring 1015 Half Street to completion within the year. Skanska, which is developing the stalled office project at 10th & G, was the surprise choice in a bid awarded on April 23rd.

Construction, begun in October 2008, has now resumed, and will add 442,000 square feet of office space, complemented by 21,000 square feet of retail to the Capitol Riverfront neighborhood. The 10-story, WDG-designed building boasts a 2-story lobby, 8 1/2' ceilings, 3 stories of underground parking and views of the Capitol and Anacostia River. Opus purchased the property in 2007 from Potomac Investment Properties for $41.5m.

Skanska is shooting for a Silver ranking from the USGBC, the arbiter of greenness, by covering 60% of the roof with vegetation, using recycled materials, and adding bike racks and showers, among other features. Skanska Executive Vice President and General Manager, Chuck Brawley, said the project will "certainly be silver" but that the team is "hoping to get gold." Altogether a much different atmosphere than when the site was home of the Nation nightclub.

Skanska will still need to complete the building’s core and shell, including the building’s glass and precast concrete exterior skin before work on the interior commences, though Skanska anticipates completion by December. Brawley said his company "tried and succeeded to reuse the existing contractors" who had worked on the site, prior to the stall. About the significance of renewed work to the community, Brawley said the project is "realizing the potential of the area, moving the redevelopment along. We are excited to be part of this success." Skanska, headquartered in Stockholm, currently has 33 offices and 7,000 employees in the U.S. alone.

Washington, DC real estate development news

Saturday, November 14, 2009

Work Begins on Downtown Church Site

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Washington DC real estate, Skanska, PN Hoffman, Cunningham QuillThe First Congregational United Church of Christ and development partner Skanska have begun developing a 10-story, 200,000 s.f. mixed use building in downtown Washington DC where a Church has sat since 1865, and which PN Hoffman had previously attempted first a condo then an office project. The enviably positioned site between Metro Center and Chinatown is accessible from all 5 metro lines. Blake Dickson Real Estate - Penn Quarter, Cunningham Quill architect The church will reclaim office space on part of the first and all of the second floor, and develop 5,000 s.f. of ground floor retail and eight floors of Class A office space where the church once stood, at 733 10th Street, NW (at G Street), a modern structure which had taken the place of yet another church. Designed by Cunningham | Quill to achieve LEED Gold certification, upward construction could begin as soon as this January with anticipated delivery in 18 to 20 months. The new building will be a huge improvement over a site that many a nighttime passerby used to scurry past, helped not at all by vagrant filled MLK Library next door. The church congregation began considering a new development over five years ago in light of the costly repairs needed for the old building. After an RFP, the church originally hired PNHoffman as the developer for what was then planned as a combined condominium, church office, and homeless shelter. According to Meg Maguire, a spokesperson for First Congregational, as the condo market slid into oblivion in the beginning of 2008, the church took their developer's advice and redesigned the plan for an office building. Shortly thereafter the market further deteriorated, and the project lost financing, making way for international developer Skanska to swoop in during the first quarter of 2009. Blake Dickson Real Estate for leaseAccording to Robert Ward, Executive Vice President at Skanska, the company, which only just entered the US market as a commercial developer in late 2008, sought out the project and stepped in to purchase the air rights above the church ground. The agreement between the new developer and the church is for $21 million to include the cost of construction of the 25,000 s.f. of new church space as well as 20 below-grade parking spaces. Skanska now acts as the developer, financier and general contractor with PNHoffman as non-financing partner. Ward estimated the total development cost at $85 million, including the church's $21 million. Blake Dickson Real Estate for saleThe building will feature six sides of glass facade and all sides of the offices from the fourth floor up will be glass walled and well lit, as there is no adjoining structure and the MLK Public Library rises only four stories. The floor plates on the office floors are 21,000 s.f. and consist of an outer ring of column-free window line offices and conference rooms, with an inner ring of interior offices, meeting spaces and common spaces. As part of the LEED Gold design, the building will feature a vegetated green roof. Depending on when tenants sign their leases, the new office spaces could see occupancy as early as 2012. PN Hoffman construction developmentSince demolition and excavation began in 2007, the church has made a temporary home at First Trinity Lutheran church. The congregation will have to wait another 20 months or so until the new church, designed by Todd Williams Billie Tsien Architects, is ready. Renderings were provided by Interface Multimedia. First Congregational UCC shared their former space with Thrive DC, which now has a permanent home in Adams Morgan. Keeping with their tradition of providing space for like minded groups, the church plans to find an "appropriate nonprofit" to lease approximately 2,300 s.f. of "flex space" in its new home. Ward described the neighborhood's reception of the project as "welcoming," adding that the ground floor retail space will be a "nice improvement" for the block. Maguire said the congregation is "excited about having a new home that is forward-looking and meets contemporary requirements for their outreach and mission." Look for signs of progress in the New Year. 

Washington DC real estate construction images courtesy of First Congregational.
 

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