WASHINGTON, DC-Lowe Enterprises reports it has completed the redevelopment of 1400 Crystal Drive here into a state-of-the-art, Class A office building designed to LEED Gold standards.
Officials with the Los Angeles-based company say the redevelopment added an additional 25,000 square feet to the 13-story building, expanded the existing floor plates to allow for better office configurations and more perimeter and corner offices that resulted in what is now a 308,000-rentable-square-foot property. Lowe Enterprises Investors acquired the building on behalf of an investment client in 2008.
The company, which has a Washington, DC regional office, took the building down to its structural frame and installed a new floor-to-ceiling glass facade to maximize natural light, provide energy efficiency and capture views of the Washington, DC skyline. A new lobby, with marble and stainless steel finishes, was reoriented toward the intersection of 15th Street and Crystal Drive to improve access and enhance the pedestrian experience. A penthouse terrace was also added. The building also features an on-site fitness center and a tenant conference center.
Lowe reports it has executed its first lease at the new property with an unnamed tenant that will occupy the entire 24,667-square-foot top floor.
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