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CBG Completes Vertical Construction on Two of D.C.'s Largest Residential Developments
Teams Celebrate Topping Out Eckington Yards and Bryant Street in Northeast D.C.
For immediate release
January 17, 2020
Eckington Yards welcomed representatives from developers JBG Investment Fund IX, LCOR, and Grosvenor Group and architects KTGY and ECA. Hosted in the future retail space of indoor rock climbing gym Brooklyn Boulders, the topping out party included a catered lunch, t-shirt giveaway, and a raffle for field staff. With 457 apartments, 179 condominiums, and 45 two-level city houses, Eckington Yards will consist of almost a million square feet when complete. To reach this milestone, the team at Eckington Yards logged 350,000 hours at work and installed 32,240 yards of concrete, 2,461 tons of rebar, and 17,364 tons of stone.
"This exciting milestone represents a huge step towards the completion of Eckington Yards, which is poised to be an incredible addition to the fast-growing neighborhood," said Anthony Greenberg, executive vice president for development at JBG SMITH. "Congratulations to our partners and the dedicated team members who made reaching this goal possible."
Though the size of a city block, Eckington Yards' site is long, narrow, and surrounded on either side by occupied buildings, making high-rise construction more difficult. Due to these challenging site logistics, the Eckington Yards team created a detailed logistics plan to coordinate construction activities between its four distinct buildings.
"Eckington Yards is an exciting and transformative project, and it's a privilege to have been involved from the design phase to the topping out today," said Chris Cravens, senior superintendent at CBG. "Thanks to the hard work of our talented partners and dedicated construction teams, we've completed vertical construction and are looking forward to the project's continued success."
A week prior to Eckington Yards' topping out, CBG hosted representatives from owners MRP Realty and FRP Development Corporation and architect SK+I Architecture as well as their field staff to celebrate the topping out of Bryant Street. CBG is constructing three residential buildings with a combined 487 units and 47,000 square feet of retail, including a pad for a future Alamo Drafthouse Cinema, as part of the project's first phase of development.
"We have been looking forward to Bryant Street's topping out for quite some time," said John Begert, principal at MRP Realty. "It required extensive hard work, collaboration, and planning to reach this milestone on what will be a transformational development for Northeast Washington. We look forward to continue working hand-in-hand with the community to create a world-class destination where people can come together for living, dining, shopping, and entertainment."
To reach this milestone, the team installed two million tons of steel and poured 24,000 yards of concrete weighing 97 million pounds. Once complete, Bryant Street will consist of more than 100 million pounds of concrete.
"I want to give, as part of the construction crew, thanks to our office for giving us such a great set of subcontractors so that we're on schedule, and we're going to beat the schedule, [with] a quality product," remarked Kevin Hazard, senior superintendent at Bryant Street, at the event. "Thanks to everybody that is here, for everything you've done for this project. We're going to take this start, and we're going to finish it in the same way."
Eckington Yards and Bryant Street are both mixed-use developments with a focus on sustainability. Targeting LEED® Silver certification, Eckington Yards will include solar panels and cisterns to collect and reuse rainwater for its HVAC system. Bryant Street is targeting LEED® certification and will feature a green roof, solar panels, and a pedestrian bridge to the adjacent Rhode Island Ave-Brentwood Metro station.
About CBG Building Company
Through a relentless pursuit of innovation, a steadfast commitment to quality, and active collaboration with clients, CBG has been delivering award-winning communities from coast to coast for more than 20 years. CBG's professional construction team builds more than 4,000 homes each year, providing high-quality, responsive service backed by a significant bonding capacity and national resources. CBG's experience spans a diverse portfolio of geographic areas and product types, including luxury, mixed-use, and affordable housing apartments, as well as campus housing, military family communities, and senior living facilities. Together, we draw on the knowledge gained through building more than 88,000 housing units since 1999. For more information, visit www.cbgbuildingcompany.com.
About JBG Investment Fund IX, L.L.C.
JBG Investment Fund IX, L.L.C. is managed by a subsidiary of JBG SMITH Properties. JBG SMITH is an S&P 400 company that owns, operates, invests in, and develops a dynamic portfolio of high-quality mixed-use properties in and around Washington, D.C. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC area. JBG SMITH's portfolio currently comprises 20.6 million square feet of high-quality office, multifamily, and retail assets, 98 percent of which are near a Metro station. It also maintains a robust future pipeline encompassing 18.7 million square feet of mixed-use development opportunities. For more information, visit www.jbgsmith.com.
LCOR is a build-to-core, transit-oriented, multifamily development platform focused in major east coast urban markets. Over its 40-year history, it has applied its comprehensive expertise and fully integrated investment management and development strategy to more than 300 large-scale mixed-use projects; its employees find opportunities, chart a path, navigate adversity, and deliver with distinction. LCOR specializes in ground-up core urban development, adaptive reuse of existing assets, and residential and commercial property management services. Principally focused in the eastern United States, LCOR also has offices in New York City and the Washington, D.C. and Philadelphia metro areas. For more information, visit www.lcor.com.
About Grosvenor Group
As one of the world's largest privately owned property businesses, Grosvenor Group develops, manages, and invests in property across a range of sectors in more than 60 cities around the world. Combining a far-sighted international perspective with an intimate knowledge of markets and communities, its purpose is to improve properties and places to deliver lasting commercial and social benefit. Whether developing or managing a single asset; operating at a larger neighborhood scale; or actively engaging with government, industry bodies and other institutions to put forward informed and considered policy contributions at a city level, it aims to have a positive impact on today's communities while being alive and responsive to the needs of future generations. For more information, visit www.grosvenor.com.
KTGY is an international full-service architecture design and planning firm delivering innovation, artistry, and attention to detail across multiple offices and studios, ensuring that its clients and communities get the best it has to offer no matter the building type or location. KTGY's architects and planners combine big picture opportunities, modern sustainable practices, and impeccable design standards to help create developments of enduring value. Across many markets, geographies, and typologies, its team members are some of the finest professionals in the industry. Organized to deliver the most specialized service possible and enriched by the depth and diversity of its team, KTGY's studios are staffed by creative and collaborative leaders empowered to continually push for better. For more information, visit www.ktgy.com.
ECA is known for transformational residential and mixed-use projects. ECA approaches design as a process of exploring possibilities and combines aesthetics, function, and construction practices into its work. With most of its work located in urban areas, ECA's team factors in the needs and desires of many voices, from the client to the community and government agencies. It approaches these complexities as the inspiration and opportunity for unique and thoughtful architectural design and as the basis of architectural authenticity. From the first feasibility studies through to the completion of construction, it strives to create works of architecture with integrity, aesthetic beauty, and clarity. ECA has received numerous design awards over the years and has emerged as one of the leading architects of Washington, D.C.'s urban renaissance. For more information, visit www.eca-pc.com.
About MRP Realty
Since its inception in 2005, MRP Realty has deployed $4.9 billion in total capitalization, averaging over $330 million per year. MRP's combined development assets total more than 25 million square feet, with an additional 10 million square feet under management. MRP's leadership team has worked together in various capacities for over 25 years and has experience spanning all product types in urban and suburban settings. MRP has been actively involved in over 20 million square feet of development and investment. By combining the broad skill set of its colleagues with the long and successful track record of its senior leadership, MRP delivers value through deep and specific understanding of our clients' needs. For more information, visit www.mrprealty.com.
About FRP Development Corporation
Established in 1989, FRP Development Corporation is a full-service Maryland real estate development management company specializing in commercial and industrial real estate. The company is one of two wholly-owned subsidiaries of FRP Holdings. FRP has been engaged in the business of acquiring, developing, owning, and operating commercial and industrial buildings predominately in Baltimore, Washington, D.C., and northern Virginia. FRP's current developed building platform consists of over 3.6 million square feet that the company owns and manages. For more information, visit www.frpdev.com.
About SK+I Architecture
SK+I Architecture is a recognized industry leader in residential and mixed-use projects, specifically with extensive experience in urban infill, multifamily, mixed-use design. Its team has an in-depth understanding of the latest trends in residential development and consistently delivers award-winning designs within budget and on schedule. Its collaborative design studio initiates each project with creativity and focused inspiration to produce exceptional works of architecture. SK+I strives to surpass every expectation and anticipate every challenge to create built environments that enhance urban communities and maintain market expectations. Their innovative approach, boundless curiosity, and passion for what they do infuses each of their projects and propels them into the future. Founded in 1999, the firm has delivered over 120 mixed-use and multifamily projects in the mid-Atlantic region. Its commitment through quality design and services have generated over 100 national and international awards for design excellence. For more information, visit www.skiarch.com.
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For More Information: Joy Lutes 703.362.0150