WASHINGTON, DC—Skanska has signed a contract tomodernize and expand the Lafayette ElementarySchool. The contract's total value is $72 million, withthe initial phase worth about $21 million.
The school, which is located on 5701 Broad Branch Rd NW, wasbuilt in the 1930s followed by an addition in the 1970s. Theexpansion project will replace the section added in the 1970s plusadd additional square footage, restore the existing schoolhousefaçade, renovate the interior the 1930s structures and make otherchanges, including those necessary to meet the latest DC Departmentof Environment requirements.
The project is designed to achieve LEED Gold certification.Preconstruction began in February 2015 and the projectis slated for completion in November 2016.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
