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Akridge, Alcion Break Ground on 1701 Rhode Island in DC

04/07/2017
Published By: Ioana Neamt

A partnership between Akridge and Alcion Ventures LP recently celebrated the start of construction on 1701 Rhode Island, a redevelopment project set to transform the former YMCA National Capital building in Washington, D.C., into a 102,000-square-foot modern office asset. Mayor Muriel Bowser, D.C. Councilmember Jack Evans and Akridge president & CEO Matt Klein attended the groundbreaking event on March 31st.

The former YMCA building at 1711 Rhode Island Ave. will feature four sides of floor-to-ceiling glass and a plethora of amenities, including a state-of-the-art fitness center, a landscaped rooftop terrace, and conference facilities on either the penthouse level or the ground floor. Conveniently located in the city’s Central Business District, at the heart of the Washington, D.C., office market, the property redubbed 1701 Rhode Island Ave. offers easy access to some of the most popular shopping and entertainment destinations in the area. Hickok Cole Architects serves as architect of record on the project, while Whiting-Turner is the general contractor.

“The redevelopment of 1701 Rhode Island Avenue will bring new activity to this prominent corner at the intersection of the Golden Triangle business district, the greater Dupont Circle neighborhood, and Fourteenth Street corridor,” said Evans in a statement.

“One of the project’s greatest strengths is its boutique size, which will offer small- and medium-size clients the opportunity for prominent identity in a new, Class A building,” added Matt Klein.

Head over to COMMERCIALCafé for more Washington, D.C., commercial real estate offerings

Release Date04/07/2017 - 07:09

Source

CommercialCafe

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