The location, to open in the ground floor of a downtown office building, is only one of a handful from the company in the U.S.Click here to view the rest of this article
Although it was hard to find something to celebrate in 2020, ENR MidAtlantic’s Best Projects judges took comfort in the fact that great projects were still completed despite a year full of challenges. This year’s judges honored 32 projects from across the region.Click here to view the rest of this article
(Washington, DC)— The building is about 60% leased, with Morrison & Forester leasing floors six through 10, and software venture capital group Updata Partners signing on for a smaller block of 5,100 square feet on the fifth floor.Click here to view the rest of this article
Imagine a building that has its own distinct identity, both in style and impact. In joint collaboration, Akridge, COPT, and Argos Group have developed a trophy property at 2100 L Street in Washington, D.C. with its own unique features, created to serve the specific needs of its Clients and amplify their employees’ workplace experience. More than that, the property aims to entrench itself as an integral part of the surrounding community in the Golden Triangle Business District, which is why the three developers are proud to support the Thaddeus Stevens Scholarship program.
The scholarship program pays homage to the historic Thaddeus Stevens School and its namesake, former U.S. congressman and anti-slavery activist Thaddeus Stevens. As part of the 2100 L project, Akridge, COPT, and Argos Group renovated the Thaddeus Stevens School, one of the first publicly funded schools for the education of black students in D.C. Over five years, $50,000 in scholarship funds will be awarded to five D.C. students – the most recent recipient is Kasai Rogers.
As a recent graduate of the DC International Public Charter School in Washington, D.C., Kasai began his freshman year at Morehouse University this fall. Despite starting college virtually, Kasai is proud to join the Morehouse family as a finance major with a minor in cinema, television, and emerging media studies. In addition, Kasai immediately got involved with extracurriculars by joining the Morehouse Business Association.
According to Kasai, he is extremely grateful for the Thaddeus Stevens Scholarship. It has allowed him to continue his education and helped alleviate some of the financial burden that attending college would have otherwise put on him and his family. The $10,000 scholarship reflects Akridge, COPT, and Argos Group’s commitment to the community and legacy of Thaddeus Stevens.
“When I leave Morehouse, I will be able to start my professional career or go to graduate school without feeling the burden of undergraduate loans,” added Kasai. “This scholarship has given me an advantage that I will use to give back. I feel proud to be able to say that I am a Thaddeus Stevens Scholarship recipient and have the chance to carry on his legacy of leadership and service.”
Kasai chose Morehouse College because of its strong history of developing successful black men who positively impact the world. He was also eager to attend a historically black college or university (HBCU), that would teach the significance of his own history and provide opportunities to create lifelong bonds with his peers.
Kasai is the third of five Thaddeus Stevens Scholarship recipients. To qualify, applicants must be a D.C. student interested in pursuing an undergraduate degree full-time. Kasai was a stellar candidate; his high school accomplishments included joining the National Honor Society, serving on the DC Board of Education Student Advisory Committee, interning at the DC Chamber of Commerce, and leading his school’s varsity lacrosse team as a captain. Once awarded the Thaddeus Stevens Scholarship, Kasai became even more excited to form lifelong friendships at Morehouse College and to arm himself with the knowledge needed both to succeed and to give back to the community.
Talk of augmented reality, and it often brings to mind a future where glasses or displays are adding digital elements to what we see. Yet as use cases emerge, the technology is also proving to be valuable for engaging with history.Click here to view the rest of this article
(Washington, DC)— The landlords of 2100 L St. NW turned over space to its first tenants in April for interior buildout — a step that took nearly a decade to reach. And yet, there were no ceremonial ribbon-cuttings, no congratulatory speeches to mark the occasion. It was deep in the middle of the coronavirus outbreak after all.Click here to view the rest of this article
(Washington, DC)— Akridge is proud to award Brayan Hernandez the Thaddeus Stevens School Scholarship for 2018. A recent graduate of Benjamin Banneker Academic High School, Hernandez plans to attend The Catholic University of America this fall. The $10,000 scholarship reflects Akridge’s commitment to the community and to the legacy of Thaddeus Stevens, who was a U.S. Congressman and a strong opponent to slavery. Akridge, along with development team partners Corporate Office Properties Trust (NYSE: OFC) (“COPT”) and Argos Group, formed the scholarship in conjunction with the development of Stevens School and Stevens Place at 2100 L Street.
Hernandez is the first recipient of the Thaddeus Stevens School Scholarship. Akridge offers the scholarship to students from the District of Columbia who are pursuing an undergraduate degree on a full-time basis. In order to qualify for the scholarship, applicants must provide proof of residency, as well as proof of college acceptance or enrollment. Applicants must have and maintain a minimum cumulative GPA of 2.5 on a 4.0 scale at the time of application.Click here to view the rest of this article
(Washington, DC)— A number of corporate executives and District officials gathered at 2100 L Street , NW to celebrate the start of construction of Stevens School and Stevens Place. Akridge and the District of Columbia (DC) have collaborated for 19 years to establish a plan for the historic Thaddeus Stevens Elementary School and an adjacent parcel of land that was previously the school’s playground. As one of DC’s first public schools built for the education of African American children, Stevens School has significant importance to the city’s history. The developer, a partnership of Akridge, Corporate Office Properties Trust (NYSE: OFC) (COPT), and Argos Group ,will renovate the school building, which upon completion, will reopen as a DC public school.
Designed by Gary F. Martinez, FAIA of Martinez & Johnson Architecture, the 190,000-square-foot office building will feature multiple facades of floor-to-ceiling glass and a sculptural embellishment designed by renowned artist Jan Hendrix. 2100 L Street boasts efficicent, 20,000-square-foot floorplates and a full host of amenities, including a landscaped rooftop terrace and rooftop lounge, penthouse conference center, fitness center, art gallery with outdoor terraces, and more. 2100 L Street will deliver in late 2020. The global law firm, Morrison & Foerster LLP, has preleased 43 percent of the building.Click here to view the rest of this article
Some developers, like Akridge, are sending executives to all corners of the world in areas such as Portugal, Greece and Japan to look at the latest designs.Click here to view the rest of this article
It's been a decade-long saga — with deals done and deals nearly lost, political wrangling and neighborhood outrage — but the redevelopment of the Thaddeus Stevens Elementary School property on D.C.’s West End is, we can finally say, imminent.
Akridge and its partners, Corporate Office Properties Trust (NYSE: OFC) and Argos Group, are out for bid for a general contractor to construct the office portion of the two-pronged Thaddeus Stevens Place project near the corner of 21st and L streets NW. The second piece, the renovation of the 41,800-square-foot Stevens School building at 1050 21st St. NW for an expansion of the School Without Walls and an infant and toddler development center, awaits the approval of D.C.'s Department of General Services.
Matt Klein, Akridge president, said Wednesday that site work is underway and construction of the 10-story, 190,000-square-foot office building — to include 8,000 square feet of retail, 20,000-square-foot floor plates, two-story lobby and landscaped rooftop terrace — is expected to start in the spring. The office building, with an address of 2100 L St. NW, will take up the school parking lot and the lot on which the Humane Society of the United States' headquarters once sat.
The GC search values the office project at nearly $50 million. Bidding ends Feb. 2.Click here to view the rest of this article
(Washington, DC)— Akridge announced today that it, along with joint venture partner Corporate Office Properties Trust (COPT) (NYSE: OFC), and Argos Group, has executed a lease with global law firm Morrison & Foerster LLP for 81,300 square feet at 2100 L Street. The trophy office building will be 190,000 square feet and is now 43 percent preleased. 2100 L Street will feature multiple façades of floor-to-ceiling glass and a beautifully designed, sculptural embellishment designed by renowned artist Jan Hendrix. Construction is slated to begin in the second quarter of 2018, with delivery in the first quarter of 2020. Morrison & Foerster will move into the trophy office building in January 2021.
Morrison & Foerster’s new home will feature an impressive list of building amenities, including a landscaped rooftop terrace and rooftop lounge, penthouse conference center, fitness center, art gallery with outdoor terraces, and more. 2100 L Street will boast 20,000-square-feet floorplates, which were designed to maximize efficiency. The project’s highly-desirable location provides easy access to a number of increasing neighborhood amenities and four bustling Metro lines (Red, Orange, Blue, and Silver Lines).Click here to view the rest of this article
The Humane Society of the United States has sold its national headquarters to a three-headed team that will redevelop the West End site into a trophy-class office building and renovate an adjacent, historic D.C. school for educational use.
Akridge, partnering with Corporate Office Properties Trust and Argos, paid $11 million for the Humane Society building at 2100 L St. NW. The sale was recorded on Thursday.
“We will combine this parcel with the Stevens School project to deliver a striking, trophy-class, corner office building in the Central Business District,” Matt Klein, Akridge president, said in a statement.
The Humane Society will remain in the building for six months, at which point it will relocate to a yet undisclosed location, likely on the West End.Click here to view the rest of this article
COLUMBIA, MD December 21, 2015 — Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) has completed the disposition of 9690 Deereco Road and 375 W. Padonia Road in Timonium, a suburban submarket of Greater Baltimore, Maryland, for $44.5 million (approximately $181 per foot). The two previously held-for-sale properties contain roughly 246,000 rentable square feet that were 100% occupied at September 30, 2015. The Company will recognize gains on sale of $15 million in the fourth quarter of 2015.
Including these sales, COPT has now sold over $150 million of suburban property in the fourth quarter of 2015, and approximately $200 million of buildings and non-strategic land year-to-date. Counting the transfer of two properties in exchange for extinguishing secured debt in August, COPT has disposed of approximately $350 million of properties. COPT has an additional $95 million of suburban properties and non-strategic land dispositions under contract or letter of intent that are expected to close in 2016. (Please see the Company’s other press release with today’s date, “COPT Establishes 2016 FFO Per Share Guidance,” for more information on 2016 sales.)Click here to view the rest of this article