Akridge, with equity partner the Ronald D. Paul Companies, has acquired the property for $7.6 million, and is moving Geico to a new home in Ashburn. In its place, the team will construct a 250,000-square-foot trophy office building, featuring 11 stories of office over five stories of parking (three stories above grade and two below) and ground-floor retail and restaurants.
Trends in medical-office building and senior-living development are surprisingly simpatico, locally based Dekker/Perich/Sabatini’s founding principal and architect Dale Dekker tells GlobeSt.com. Dekker will be moderating a panel session on trends in these two sectors during NAIOP’s Commercial Real Estate Conference on October 14 in Toronto.
Openness, flexibility, safety and comfort are the driving influences behind senior living and medical office concepts of the future, expressed by winning entries of the NAIOP Niche Development design competition. Winning entries were submitted by design firms KGD Architecture, Arlington, Virginia; Meyer, Ardmore, Pennsylvania; and Ware Malcomb, Irvine, California. In its fourth year, the competition invited architectural firms and design teams who work with developers and owners to conceptualize and design the products in niche development – primarily senior living and medical office/medical. The competition challenged the firms to conceive the opportunities arising from demographic, cultural and political shifts.
For decades, civic and state leaders have tried—and failed—to conjure a Capitol Mall worthy of its namesake building. Now is the time to sharpen our focus on our city’s grandest gateway.
Learn more about KGD's recently completed Interiors Projects, Awards and New Hires!
Introducing City View Tysons - the premier office property in the new Tysons. A collaboration between American Real Estate Partners and AMT. Designed by KGD Architecture, this modern, new 10-story 200,000 square foot trophy office tower sits atop one of Tyson's most visible and uniquely accessible sites.VIEW PROJECT
Developer setting $200 million stage for Silver Spring transformationVIEW PROJECT Read More >
KGD designed Nathans dream Tree house in Loudoun County together with Make-A-Wish and The Walsh Group.Read More >
Project would result in three apartment buildings and a new county recreation center in downtown Silver Spring.VIEW PROJECT
Home Innovation Research Labs Recognizes KGD Architecture as Green Partners of Excellence.VIEW PROJECT