ARLINGTON, VA-After a nearly year-long search for just the right space, the US General Services Administration has settled on the $2-billion Potomac Yard development project as the new location to house the offices of the US Environmental Protection Agency. The 10-year pre-lease agreement for 400,000 sf of office space within the massive mixed-use development is said to be worth approximately $140 million.

The deal with Crescent Potomac Yard Development LLC, developer of the 300-acre endeavor, will allow the EPA to consolidate under one roof its employees currently working from three different spaces in the neighboring Crystal City submarket.

Potomac Yard is a gargantuan effort that will ultimately yield 2.8 million sf of office space, 100,000 sf of retail space, 800 residential units and a 625-room hotel. The EPA will be housed in all of Potomac Yard One and part of Potomac Yard Two, two 12-story office buildings accounting for a total of approximately 600,000 sf of space. In addition to class A office space, the structures will each feature first floor and ground-level retail space, as well as a six-level parking facility, three floors of which will be underground.

“EPA requires that its office locations feature sustainable design and green building concepts, and both of these buildings will earn a US Green Building Council LEED Silver rating,” says Anthony E. Costa, assistant regional administrator for the GSA’s National Capital Region.

EPA’s current leases at three buildings on the 1900 block of Jefferson Davis Highway had been extended last year and are now scheduled to expire in 2006, right about the same time Potomac Yard One and Two are due to reach completion.

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

Once you are an ALM digital member, you’ll receive:

  • 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

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.