Jul
13
TCC, Meadow Partners to Redevelop Building Near the White House
ByThe companies have joined hands to purchase an 80 percent condominium interest in the Motion Picture Association of America Building. The MPAA has retained a 20 percent interest in the building and will occupy two of the eight floors once the asset is completed in 2019.
Trammell Crow Co. teamed up with Meadow Partners to purchase an 80 percent condominium interest in the Motion Picture Association of America Building, located in D.C.’s central business district. TCC also revealed plans to undertake an extensive redevelopment of the building, which is located one block from the White House, transforming the 50-year-old property into a 150,000-square-foot office building.
THE FUTURE OF THE MPAA BUILDING
The refurbishment program, which is expected to be completed in 2019, will include the addition of new features such as a new state-of-the-art system, a rooftop lounge, a terrace and a fitness center. Gensler will serve as the architect for the redevelopement…
TCC, Meadow Partners to Redevelop Building Near the White House
