A provider of business research and analysis, CEB will relocate its growing staff of 1,200 employees that are currently housed in four different locations throughout Washington, DC. With CEB's lease, construction of the $227 million project is now scheduled to begin in January.

Waterview's location on over two acres near the Key Bridge is an enviable one with easy access to the District via the bridge and to points beyond by means of Interstate 66, Lee Highway and ultimately, a new Metro station right at the property's front doors. Upon its completion, scheduled for mid-2007, Waterview will provide a live-work community that will include the 24-story office tower, and a 28-story building featuring an upscale 170-unit residential condominium component and a 155-room boutique hotel segment. The architectural firm of Pei Cobb Freed & Partners has fashioned a design that will feature a terrace, highlighted by a restaurant, that will link the two structures.

"We have always been very excited about the potential of Rosslyn--its access to Downtown, mass transit and major commuting routes are excellent--and in particular, the role Waterview could play in the area's revitalization," says the JBG Cos. managing partner Michael Glosserman. "We've spent a great amount of time and energy making this project a reality and to have these efforts validated by an organization such as the Corporate Executive Board is very gratifying."