Saturday, September 18, 2010

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

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