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JBG – PenPlace Development – Virginia - Project Profile

JBG – PenPlace Development – Virginia - Project Profile

Synopsis

"JBG – PenPlace Development – Virginia - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "JBG – PenPlace Development – Virginia - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

JBG Smith Properties (JBG) is planning to undertake the Penplace Development project in Arlington County, Virginia, the US.

The project involves the construction of a mixed-use complex on 4ha of land with a gross floor area (GFA) of 167,225m2 and being developed in phases.

The project includes the construction of two 22-story office buildings, a 19-story office building on 168,061m2 area, one 18-story hotel comprising 300 rooms, two seven-story apartment towers with 300 units, 3,716m2 ground-floor retail facility, a streetcar maintenance facility and other related facilities.

The first phase includes the construction of two seven-story apartment towers with 300 units, 3,716m2 ground-floor retail facility.

Fxfowle Architects has been appointed as architect, Landscape Architecture Bureau as Landscape Architect and VIKA Incorporated as Civil Engineer.

In September 2013, project received site plan approval from the Arlington County Board.

In June 2017, Vornado re-submitted the development plans to the Arlington County Board for approvals.

In January 2018, JBG revised its first phase plans to construct two seven-story apartment towers with 300 units and 3,716m2 ground-floor retail facility instead of two 22-story office buildings, a 19-story office building on 168,061m2 area, one 18-story hotel comprising 300 rooms, a 22-story high-rise residential tower with 300 residential units, retail facility on a 4,645m2 area.

Planning activities are underway.

Scope

The project involves the construction of a mixed-use complex on 4ha of land in Virginia, the US.

The US$500 million project includes the following:

1. Construction of two 22-story office buildings

2. Construction of 19-story office building

3. Construction of 18-story hotel comprising 300 rooms

4. Construction of two seven-story apartment towers with 300 units

5. Construction of a 3,716m2 retail facility

6. Construction of a streetcar maintenance facility

7. Construction of other related facilities

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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