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The newly christened McClellan Innovation Center, an 8,000-square-foot office, can accommodate up to 100 guests per day with flexible temporary or long-term desk leasing for individuals and companies.
The director of research, New York at JLL, says L&L and Normandy's acquisition reflects the insatiable demand for this type of product in Midtown South.
The Dow Hotel Company plans to further expand its portfolio of hotels in markets with barriers to new entry and demand drivers such as in Seattle at a time when dozens of new hotels have opened in the past few years.
The space, called “The Alcove,” was developed by the Rosslyn Business Improvement District and multiple local businesses including JBG SMITH and Streetsense.