WASHINGTON, DC—Skanska USA Commercial Development has signed a ground lease with George Washington University to develop on Square 75A, a site on the 2100 block of Pennsylvania Ave., NW-one of the last significant development sites on this high-profile street.
The future development is fully entitled with an approved PUD for a 250,000 square-foot LEED Gold office building and 7,000 square feet of ground-floor retail. Skanska is not only the developer but will also self-finance the project and serve as the general contractor. Gensler, based in San Francisco, is the architect.
"We are not only excited to bring something new, modern, and sustainable to this neighborhood, but to fill in one of the last remaining development sites in the CBD," said Robert Ward, executive vice president and regional manager of Skanska USA Commercial Development in a prepared statement.
We will be providing further details on this story.
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