Industries Commercial Real Estate

Skanska announces new office building and movie theater at The Boro

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Skanska USA has signed a contract with The Meridian Group and Rockefeller Group to build an office building and movie theater at The Boro in Tysons.

The 20-story, 458,000-square-foot Class A office building and more than 110,000-square-foot movie theater will both be constructed over a shared five-level, below-grade parking garage. Three additional levels of parking will be constructed above grade below the theater complex.

These buildings are part of The Boro’s 1.7 million-square-foot Phase One. The first phase also includes 260,000 square feet of retail, 700 residential units and 500,000 square feet of office space. Once complete, The Boro will consist of more than 1,500 residential units, 1.8 million square feet of office, 316,000 square feet of retail and 250,000 square feet of hotel space.

“As one of the largest and most exciting private development projects under construction in the Washington region, The Boro represents a significant addition to the rapidly changing Tysons area,” Steve Skinner, executive vice president and general manager of Skanska’s Washington, D.C. building operations, said in a statement.  “It will offer a unique ‘downtown’ feel to Tysons, with its blend of residential, retail, entertainment, and office environments.”

According to Skanska, the office tower, constructed from a design by the Gensler architectural firm, is more than 20 percent leased. Tegna, a broadcasting, digital media and marketing services company, which owns 46 television stations in 38 markets, has leased the top floors of the office building. Hogan Lovells is leasing 44,500 square feet on the 16th and 17th floors.

Chicago-based Kerasotes ShowPlace Theatres will operate the 15-screen theater with dining options. The theater will offer a lobby lounge with a bistro and bar and seating for more than 150. There also will be rentable space for corporate meetings and events.

The project is expected to be complete in October 2018. It will be seeking LEED gold certification.

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