WASHINGTON, DC–Property Group Partners selected Balfour Beatty to continue its work developing Capitol Crossing and develop its North Block phase — namely, the 2.2 million-square foot project's first two mixed-use buildings. The contract is worth $196 million.
Balfour Beatty, which has a long history of working with Property Group Partners on other projects, also managed the pre-construction, utility relocation and platform construction phases of the ambitious seven-acre project that will ultimately connect the East End and Capitol Hill neighborhoods.
Capitol Crossing's North Block phase includes the construction of two 12-story, mixed-use office buildings that will be connected by a glass connector bridge and total 960,000 square feet. Work is scheduled to first begin on the building located at 200 Massachusetts Ave., NW, which will include 25,000 square feet of ground-level retail and 410,000 square feet of mixed-use space. Construction of the second building at 250 Massachusetts Ave., NW will follow.
Property Group Partners and Balfour Beatty previously partnered to build the third building at Station Place, the 1.6-million-square-foot development connected to Union Station, and the 16-story 1101 New York Ave., NW, office building.
WASHINGTON, DC–Property Group Partners selected Balfour Beatty to continue its work developing Capitol Crossing and develop its North Block phase — namely, the 2.2 million-square foot project's first two mixed-use buildings. The contract is worth $196 million.
Balfour Beatty, which has a long history of working with Property Group Partners on other projects, also managed the pre-construction, utility relocation and platform construction phases of the ambitious seven-acre project that will ultimately connect the East End and Capitol Hill neighborhoods.
Capitol Crossing's North Block phase includes the construction of two 12-story, mixed-use office buildings that will be connected by a glass connector bridge and total 960,000 square feet. Work is scheduled to first begin on the building located at 200
Property Group Partners and Balfour Beatty previously partnered to build the third building at Station Place, the 1.6-million-square-foot development connected to Union Station, and the 16-story 1101
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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.
