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Construction begins on new mixed-use project in Arlington

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Northern Virginia politicians and officials gathered Monday morning for the groundbreaking on a new, transient oriented project in Arlington located a block from the Clarendon Metro station.
The 280,000-square-foot, mixed-use project at 3001 and 3003 Washington Blvd. is being developed by Washington, D.C.-based Penzance in a joint partnership with Invesco Real Estate, which is based out of Atlanta.

It will consist of two buildings at 3001 and 3003 Washington Blvd. in the heart of the Rosslyn-Ballston corridor. A 10-story, 200,000-square-foot office building at 3001 will attached to an eight-story, 80,000-square-foot office building at the 3003 address. CNA, a not-for-profit research organization, will occupy 175,000 square feet of the space when it moves its headquarters from Alexandria to the building upon its completion in early 2014.

The development will include a public plaza and is designed to achieve silver certification under sustainable building guidelines. Jones Lang LaSalle is leasing the property on behalf of Penzance.


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