Sep
18
Trophy Office Building Coming to DC
ByAkridge and Stars Investments are teaming up to redevelop two brutalist structures into one freestanding, 100,000-square-foot project situated on one of the city’s most powerful streets.
A joint venture between Akridge and Stars Investments has started work on the redevelopment of 1101 and 1111 Sixteenth St., two Washington, D.C. buildings that will be combined to create a 100,000-square-foot, trophy office building.
“1101 Sixteenth St. will be an impressive and efficient building,” Matt Klein, Akridge’s president, said in a prepared release. “The project’s boutique size will give small- and medium-sized clients a prominent identity on one of D.C.’s most powerful streets.”
The joint venture acquired the property last year…