The site which consists of an entire city block is bordered by two buildings and a parking garage used by Jones Day, which has its offices in the adjacent building at 51 Louisiana Ave., a five-story, 205,000-sf office building. "To demolish the parking garage and build on this site we needed their cooperation," Brian Fitzgerald, managing director of leasing tells GlobeSt.com. He says Jones Day decided to move to the building in part because its space needs had outgrown the existing address.

There is roughly 105,000 sf--or the top four floors--available in the spec office project. Fitzgerald says rental rates have not yet been set because the building won't be delivered until 2009.

Located across Louisiana Avenue from the US Capitol and bordered by New Jersey Avenue, First, C and D streets NW, the office building will be joined to 51 Louisiana by a glass-and-steel, nine-story atrium. It has been designed by Lord Richard Rogers and his firm, London-based Richard Rogers Partnership-- its first endeavor in Washington, DC and the third in the US. Late last year the company was selected to design 175 Greenwich St., 3 World Trade Center in downtown Manhattan. The total development costs for 300 New Jersey Ave. building are $168 million.