Real Estate Journal — July 15 - 28, 2016 — 11A
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The Meridian Group purchases 12 story, 293,539 s/f, LEED Gold building Cushman & Wakefield represents Beacon Capital Partners in sale of office building totaling $106.5m R OSSLYN, VA — Cushman & Wake- field today announced Roosevelt Bridge and Memo- rial Bridge).
“International Place is strategically located in the heart of the dynamic Ross- lyn market,” said Bill Col- lins, Cushman & Wakefield vice chairman. “Rosslyn is quickly transforming itself into a world class city with the delivery of Central Place across the street and the coattails of additional retail and residential development that will follow.” International Place’s ame- nities include a new state-of- the-art 4,376 s/f fitness cen- ter and recently renovated restrooms, a best-in-class conference facility and man- agement office on the ground floor. With views of the Jeffer- son Monument, Memorial Bridge and Potomac River, the building is centrally located nearby JBG Com- panies’ Central Place De- velopment, which features a 17,000 s/f public plaza, a 377-unit residential tower, and 45,000 s/f of ground level retail. n include studios, one and two bedroom apartments with stainless-steel appliances, quartz counter tops and high- end finish details throughout. “We are thrilled to finally be underway in this transforma- tive project for Wilmington and it’s Downtown. A project of this complexity could not be accomplished without extraor- dinary partners including HUD, the State of Delaware, the City of Wilmington, the Wilmington Parking Author- ity, NCALL, WSFS, and Bar- clays. We are truly grateful for all those who made today pos- sible,” said Robert Buccini , co-president of The Buccini/ Pollin Group. The parking garage is ex- pected to be completed in win- ter 2017 with the apartments following in summer 2018. n
that it represented Beacon Capital Partners in the $106.5 million sale of Inter- national Place in Rosslyn. Cushman & Wakefield’s Bill Collins, Paul Collins, Drew Flood and Shaun Weinberg represented Bea- con in the sale of 1735 N Lynn St. to The Meridian Group . International Place is a 12 story, 293,539 s/f, LEED Gold and ENERGY STAR certified office building. The Rosslyn Metro station is di- rectly across the street with Blue, Orange and Silver Lines, and is just one stop from Washington, DC. The Pentagon, Reagan National Airport, Tysons and Dulles International Airport are also nearby. Vehicular ac- cess is available with con- nections to Rte. 50, Inter- states 66 and 395, Wilson and Clarendon Blvd., the George Washington Memo- rial Parkway and all major bridges into DC (Key Bridge, WILMINGTON, DE — Flanked by public officials including Governor Jack Markell, Wilmington-based developer, The Buccini/Pol- lin Group, Inc. (BPG) broke ground on Wilmington’s latest multi-family project: The Resi- dences at Mid-Town Park. Lo- cated at 820 N. Orange St., the former site of the Mid-Town Parking Garage. The develop- ment includes 200 apartments in 2 buildings, 12,000 s/f of retail space and a 511 space parking garage. The total cost of the project is estimated to be $75 million. The project is significant for several reasons. This marks a major move westerly in the Central Business District of the redevelopment that has taken place over the last several years, largely on Mar- ket St. It also restores much
International Place
The Buccini/Pollin Group breaks ground for Wilmington’s latest multi-family project: The Residences at Mid-Town Park
private street which separates the two apartment buildings. The street will be named Bur- ton Place in honor of former Wilmington City Council- man and Civil Rights Leader, Dutch Burton. It was due to his sit-in at the Eagle Coffee Shop (which was located in the former Mid-Town parking structure) in 1958 that eventu- ally Delaware’s Accommoda- tion Law was overturned. The Residences at Mid-Town Park will feature cutting edge amenities the Delaware mar- ket has not yet seen including a demonstration kitchen and a dog washing station. A court- yard is elevated off Shipley St. that includes an outdoor swim- ming pool and barbecue area. The Residences at Mid-town Park will also offer residents a fitness center and screening room. The community will
The Residences at Mid-Town Park
needed public parking to the downtown which has been lacking since the former Mid- Town Parking Garage was condemned. Joe Van Horn, operating partner of Chelsea Tavern, is delighted to see the construc-
tion begin. “We are looking forward to serving our new neighbors on a daily basis, and anticipate that the added public parking will drive new business in a positive direc- tion.” The project will include a
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