Designed by architect Bill Hellmuth of HOK, 700 Sixth St. will have an open floor plan to allow for flexible space planning, the spokeswoman says. The building will also incorporate sustainable design features including a green roof.

The building is "one of the last developable sites for an office project in this popular area and we look forward to breaking ground very soon," says Akridge president Matthew Klein in a statement.

Akridge and Mitsui Fudosan America have partnered in other development ventures before. The firm is an investment partner in 1090 Vermont Ave., a building that Akridge manages.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.