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JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, will start demolition and infrastructure work in Alexandria’s Potomac Yard this month on a new generation of educational, commercial, and multifamily space anchored by the $1 billion Virginia Tech Innovation Campus.
JBG SMITH is the master developer on behalf of both Virginia Tech and JPMorgan for the 20-acre innovation district adjacent to the planned new Potomac Yard Metro Station. In December, JBG SMITH and Virginia Tech received final approvals from the city to move forward with the first phase of an innovation district encompassing approximately 1.7 million square feet of space including four office towers and two residential buildings with retail at the base.
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The National Landing Business Improvement District in Northern Virginia has outlined plans for creating what it says will be the most “well-connected downtown in the country,” following its selection as home to Amazon HQ2.
In a recent report, BID showcased several public-private partnership projects, with costs totaling $4 billion, that will improve transit in National Landing, outside of Washington, D.C., which encompasses parts of Virginia’s Crystal City, Pentagon City, Arlington County neighborhoods and the Potomac Yard neighborhood of Alexandria. The moniker “National Landing” was chosen when Amazon selected the area for its project.
Construction on Amazon HQ2 began in January 2020 with the demolition of the previous structures. The project team including development partner JBG Smith, general contractor Clark Construction and ZGF Architects is building two, 22-story office towers in the Metropolitan Park site in Pentagon City. The current phase is s
UpdatedWed, Dec 30, 2020 at 12:47 pm ET
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Patch has rounded up the top stories from 2020 for Del Ray. (Emily Leayman/Patch)
ALEXANDRIA, VA It won t be long now until 2020 rolls over to the New Year. Quite a bit has happened in Del Ray. From the Virginia Tech Innovation and Potomac Yard Metro plans to new businesses, Patch covered it. So which stories did Patch readers find the most interesting for Del Ray? Patch has rounded up the top stories from 2020 as listed below. As always, thank you for being loyal readers.