May 12, 2016 – Carr Properties, together with Mayor Muriel Bowser, Councilmember Jack Evans, and project team members SHoP Architects and Clark Construction, broke ground today on Midtown Center, an 862,000 square foot, 14-story, LEED Goldcertified, trophy office building located at the corner of 15th & L Streets, NW. The completed project will be anchored by Fannie Mae’s new National Headquarters.
“We are excited about the design quality and scale of MidTown Center and believe that all of the ingredients are there for the project to transform the area surrounding 15th and L Streets into a vibrant 24/7 location. MidTown Center will be a new hub of activity in the center of the City that will offer a great work environment and a tremendous street level dining experience,” said Oliver Carr, III, CEO of Carr Properties.
Designed by New York-based SHoP Architects, Midtown Center will feature two full-height curtain wall office towers separated by an extraordinary European-style public plaza, inspired by the historic L’Enfant city plan, which will serve as a gathering place for shoppers, tenants and pedestrians alike. The amenities are consistent with the Building’s first class LEED Gold design and include 3 levels of below-grade parking, an 8,300 SF fitness center, a 1,300 SF bike room, a state-of-the-art 1,000 SF rooftop conference center with stunning views of downtown Washington D.C., and 50,000 SF of destination-oriented retail. Midtown Center will have a transformative impact upon the neighborhood and city.
“Midtown Center will have some of the best public spaces in the city,” said Austen Holderness, Managing Director of Development, Carr Properties. “The combination of a 15,000 SF retail plaza fronting on L Street with a less formal 10,000 SF retail alley fronting on 15th Street will create a very unique mix of formal and informal dining experiences for our customers. Nothing like it exists today in the CBD of D.C.”
This 90,000 SF site served as the headquarters location for The Washington Post for over 50 years. Just four blocks north of the White House and other signature landmarks, Midtown Center borders two of the city’s primary thoroughfares, offering tenants extraordinary ease of access to the building and surrounding central commuting arteries, as well as immediate access to bike lanes and bus routes and only two blocks for Metro’s Blue, Orange and Red lines. Surrounded by over 3,500 nearby hotel rooms and bordered by the incredibly successful 14th Street Corridor, tenants will find themselves in a dynamic work environment full of vibrant activity at the heart of the city.
Construction is underway at Midtown Center and completion is slated for June 2018.
About Carr Properties
Carr Properties is a privately held real estate investment trust focused on creating value for its shareholders through the ownership, acquisition and development of high-quality office properties in the greater Washington area. The company maintains ownership of 17 commercial office properties totaling over 4 million SF as well as three major development properties – Midtown Center in Washington, D.C. (former headquarters of the Washington Post); 2311 Wilson Boulevard in Arlington, Virginia; and 2025 Clarendon Boulevard in Arlington, Virginia. Upon completion, these projects will add an additional 1.25 million SF of trophy-quality office space to the company’s portfolio. The company is continuing to expand its portfolio through strategic investments in the Washington area.