8A — March 19 - April 15, 2021 — Owners, Developers & Managers — M id A tlantic Real Estate Journal


O wners , D evelopers & M anagers

Renovation at 1300 Eye Street NW include a three-story glass entrance and new lobby Avison Young announces completion of $18M transformation of Franklin Square building


ASHINGTON, DC — Avison Young announced that the

the historic Franklin Square building and excited to rein- troduce it to the marketplace,” Stern said. “The renovations celebrate the original grand architecture of this iconic build- ing and incorporate the best in modern amenities. It could not have turned out better.” Washington-based archi- tecture firm Hickok Cole designed the spectacular reno- vation. Work on the building’s considerable transformation started last year, with many additions including a three- story glass entrance fronting

Franklin Square Park. New features to the three- story grand lobby include con- temporary lighting and glass, soft-seating collaboration ar- eas, new modern artwork, an in-lobby barista-operated café and lounge, additional modern security measures and new elevator cabs and elevator me- chanical systems. The renovations also feature a monumental stairway lead- ing from the expansive lobby to an imaginative concourse outfitted with a variety of hospitality-centric amenities. They include: • A 10,000 s/f conference fa - cility to accommodate groups of all sizes, six conference rooms of varying sizes with capacities ranging from 12 to 140 people and breakout areas to promote workday flexibility; • A catering kitchen that includes commercial grade re- frigeration and warming ovens for large-scale tenant events; • A 5,000 s/f state-of-the-art fitness facility that features a multi-purpose exercise studio with high-end equipment, in- cluding Peloton bikes and box- ing gear, and an on-site fitness trainer providing classes for building tenants; • A new market-leading secure bicycle room with bike maintenance stations, lockers, towel service and changing rooms to accommodate Wash- ington’s growing cycling com- munity. The building is LEED Gold rated and features some of the latest technologies to provide healthier, safer spaces, includ- ing advanced air filtration via the building’s VAV HVAC sys- tem using MERV 15 air filters. An events/hospitality man- ager will be on-site to oversee the new facilities and help coordinate tenant events. The building also features a new mobile app that allows tenants to receive important building announcements, convenient- ly reserve conference rooms, RSVP to building events, sub- mit forms and receive local pub- lic transit updates in real time. “Our goal was to stay true to the building’s rich history while equipping it withmodern, flexible and hospitality-infused amenities to create the ideal work environment,” Barnes said. “The renovations have created a true treasure in the heart of downtown DC, just steps away from five acres of inviting greenspace.” MAREJ

$18 million renovation at 1300 Eye St. NW has been com- pleted, transforming the dis- tinguished building known as Franklin Square. The 485,000 s/f building stands prominently across from one of the largest greenspaces in downtown Washington, Franklin Square Park, which is also undergoing a major renovation. The building is owned by Nu- veen and joint venture partner

1300 Eye St. NW

Eli Barnes, vice president Lauryn Harris and associate AlstonOffutt, has represented the building for over 15 years. “We’re proud to be a part of the stunning transformation of

Norges Bank Investment Management , two of Wash- ington’s most renowned insti- tutional landlords. The Avison Young leasing team, consisting of principals Will Stern and

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