WASHINGTON, DC-Three prime properties in the District will be fused into one 525,000-sf class A office complex, and the Clark Construction Group has been tapped to create the third piece of the puzzle, a new 315,000-sf office tower carrying a development cost of $42 million.

Clark is on board to build 1875 Pennsylvania, which will be the central connector, linking existing properties 1801 Pennsylvania Ave. and 1899 Pennsylvania Ave. When work reaches completion in the spring of 2006, the three-structure property–which has different sets of owners–will be known collectively as 1875 Pennsylvania Ave.

Alexandria, VA-based the Mark Winkler Co. and Washington, DC’s EastBanc Inc. are the developers behind the new building that will feature 1801 and 1899 Pennsylvania Ave. on either side. In preparation for actual construction activity on 1875 Pennsylvania, Clark is demolishing the former Federal Bar buildings, which carried the addresses of 1815 and 1819. When Clark’s work is done, the new Shalom Baranes Associates-designed 13-story edifice will also feature a 76,500-sf three-level parking facility, and will be home solely to law firm Wilmer, Cutler & Pickering, which is also leasing space in the two sister structures.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.