A general contractor will be selected at a bid opening set forthe last week of November, he tells GlobeSt.com. The project hasbeen being designed by O'Brien Associates, with constructionfinancing from Bank of America.

Parkway Business Center will be situated in the south Arlingtonsubmarket at the intersection of New York and Tech Center Parkway,an area considered ripe for development due to its proximity toInterstate 20. "The market has pushed south that far," Blainenotes. "That's the new area. We're just rolling the dice on anexpensive project."

Bradford is tailoring the structures to small users, a key thatBlaine says will deliver success. "The bulk user is being satisfiedby other developers. No one has built to target the small users,"he assesses of the south Arlington submarket. The project's flexdesign is geared to tenants needing 15,000 sf to 50,000 sf,requiring low or high levels of office finishes. The property hasan estimated 450 feet of street frontage on New York and 1,000 feeton Tech Center Parkway.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 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.