Monday, October 18, 2010

Developer JBG reports that construction of their Renaissance Arlington Capital View in Potomac Yards is nearing completion and should be ready for an April 2011 opening. Matt Blocher of JBG describes the 300-room hotel, designed by Cooper Carry, as having "the soul of a boutique hotel with the location and amenities suited for business and leisure in and around the nation’s capital."

Situated at 2800 South Potomac Avenue in Arlington, Va, the hotel will offer 17,354 s.f. of flexible event space, including a gigantic ballroom and 13 smaller "break-out" rooms. Banquet and meeting rooms will be outfitted with cutting edge event technology like smartphone applications that enable lighting and audio adjustments, which could become a problem when bored-to-death audience members at the annual pharmaceutical conference learn how to hack into the system and implant inappropriate pictures into the power point presentations. Enhanced networks for cell phone and internet connectivity will allow business conference attendees to efficiently adjust their fantasy football rosters amid stuffy status meetings. It's expected that the hotel and the developing Potomac Yards center will serve as a hub for business travelers; with it's convenient proximity to the offices of PBS, Boeing, Lockheed Martin, Northrop Grumman and IBM, as well as government agencies such as the Pentagon and EPA, and Reagan National Airport, it will surely see an increasing load of visitors upon its official unveiling.

Included on site will be 5,000 s.f. of retail at the corner of 29th and Crystal Ave, a 5,000 s.f. restaurant inside the Renaissance Hotel, and an Illy-branded coffee shop. A below-grade parking garage with 522 spaces will eventually connect the Renaissance Hotel to the separately operated but co-planned and developed 325-room Residence Inn. Both hotels are expected to be the first LEED certified hotels in Arlington County, each with a landscaped green roof and various other sustainable features. The hotel-complex is an important aspect of the expansive 15 acre, 1.5-mile-long development strip being dubbed the "National Gateway at Potomac Yards" which is set to feature 2,848,000 s.f. of office, residential, hotel, and retail space. The project is expected to exceed some $1 billion by the time of completion. "National Gateway" is being developed by the Meridian Group.

Washington D.C. Real Estate Development News

0 comments:

Post a Comment