Fairfax, VA – Balfour Beatty Construction has been awarded the $38 million 1200 17th Street office building project by Akridge, one of Washington, D.C.’s top real estate services companies. Balfour Beatty is providing Construction Management at Risk services for the demolition of an existing, eight-story building, and will provide new construction of an 11-story trophy office building in its place.
Designed by ZGF Architects, the new, 170,000-square-foot office building will feature a dramatic two-story lobby, column-free work space with floor to ceiling windows on all sides of the building, a green roof, client-only rooftop terrace, fitness center, and ground-level retail. Inspired by its site, which is located between the Farragut North and Dupont Circle Metro stations, the design will incorporate a glazed terra cotta façade against a modern glass tower visually connecting the building with the neighborhood.
Demolition of the existing building is expected to be finalized by late January, with new construction beginning promptly after that. Project completion is slated for mid 2014.
Akridge, with the help of ZGF and Balfour Beatty, is targeting LEED Platinum certification for this project. This will be the second office building Balfour Beatty has built for Akridge. Balfour Beatty completed 700 Sixth Street, one of the first LEED Platinum buildings in Washington, DC, in 2009.
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About Balfour Beatty Construction
A leader in the U.S. commercial construction industry, Balfour Beatty Construction provides general contracting, at-risk construction management, and design-build services through more than 2,400 professionals nationwide. The company has been cited as a Top 10 Green Builder by Engineering-News Record and as one of the 100 Best Companies to Work For® by FORTUNE magazine, each for three years in a row. The company is part of London-based Balfour Beatty plc, a global leader in professional services, construction services, support services, and infrastructure investment, with more than $18 billion in annual revenues. To learn more about the company visit balfourbeattyus.com.
About Akridge
Akridge is a comprehensive real estate services company that provides acquisition, development, construction management, asset management, property management, leasing, and consulting services. Founded in 1974, the company has acquired or developed more than 12 million square feet of commercial space and currently manages four million square feet throughout the DC area. The industry's foremost benchmarking firms, CEL & Associates, has ranked Akridge the number one real estate firm in the country for Client satisfaction, among firms of similar size, ten times since 1999. Akridge is committed to sustainable development and practices, and has been recognized as an Energy Star Top Performer and Partner of the Year. The company has also been honored with the National Capital Business Ethics Award, and has been recognized as the Best Place to Work in Greater Washington by the Washington Business journal. For more information, please visit www.akridge.com.
About ZGF Architects
ZGF Architects LLP is a 450-person architecture, planning and interior design firm nationally recognized for its broad-based design practice. Other Washington area clients include Federal and local government agencies and private clients. The firm’s work has been honored with more than 450 design awards, including the Architecture Firm Award, the highest accolade given to a firm by the American Institute of Architects. The firm maintains offices in Washington, DC; New York; Portland, Ore.; Seattle; and Los Angeles. For more information, please visit www.zgf.com
Media Inquiries:
Ashley Campbell
Marketing Manager
Fairfax, VA
p: (703) 218-1331
e: acampbell@balfourbeattyus.com
Haley Smith
Communications Project Lead
Fairfax, VA
p: (703) 218-1394
e: hsmith@balfourbeattyus.com
