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CBG Transforms Vacant Office Building into Luxury Apartments

Close-Out of Adaptive Reuse Project Marks Opening of Residential Community
February 1, 2019

OXON HILL, Md.—CBG Building Company completed the renovation today of The Oxford, a once-vacant Class A office building into a modern multifamily apartment community. Developed by repeat client Varsity Investment Group and designed by Soto Architecture & Urban Design, the 10-story high-rise includes 187 apartments and introduces a unique product to the National Harbor neighborhood.

CBG Transforms Vacant Office Building into Luxury Apartments Press Release Image

The Oxford

"CBG Building Company was a critical component to the project's success given its intensive transformation from a vintage 1980s office building to a state-of-the-art multifamily community replete with technologies and conveniences for today's renter," said Scott Shinskie, a partner at Varsity Investment Group.

CBG retained the existing concrete slab and steel structure of the former Constellation Center offices, updating the building's exterior fenestration and completely remodeling the interior while keeping the circulation intact. Varying as-built conditions prompted CBG to capture three-dimensional scans of the structure following demolition, enabling the team to complete construction on time within a 13-month schedule.

"It was a pleasure to work with Varsity Investment Group again, especially on such a transformative project," said Keith Anderson, president of CBG. "We are thankful to be a part of the effort to provide more sustainable housing solutions to the area through adaptive reuse."

Because of its original function, The Oxford includes amenities atypical of new multifamily construction; its two-story atrium is now a spacious lobby lounge while the tenth-floor amenity space captures unparalleled views of Washington, D.C.

The Oxford's 14-foot ceilings and 85-foot floor plates allowed for a greater variety of unit layouts; the community's one- to three-bedroom apartments attract residents looking for luxury housing with easy access to Alexandria and Washington, D.C. Varsity Investment Group plans to develop the surrounding land with retail to create a denser, more walkable area.

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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 25 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 86,000 housing units since 1992. For more information, visit www.cbgbuildingcompany.com.

About Varsity Investment Group

Varsity Investment Group, formerly Potomac Holdings, is one of the nation's most well-respected real estate developers of multifamily housing with communities dotting the continental United States. In 2009, Varsity set out to redefine the concept of student housing by developing unparalleled living experiences for its residents and the communities in which they sit. Since its formation in 2002, Varsity has developed over a half a billion dollars of commercial real estate including mixed-use, multifamily, office, emergency housing, and retail. For more information, visit www.livevarsity.com.

About Soto Architecture & Urban Design

Comprised of urban architects who strive to create meaningful, lasting structures, Soto designs to reflect the values of the communities in which they work. As active participants in the urban environment, Soto's team embraces mixed-use developments, adaptive re-use, and modernization of existing facilities. Soto practices responsibly, sustainably, and diligently to ensure its projects are stunning and are delivered on time and within budget, even while working on accelerated schedules. Above all, the architects at Soto aim to work collaboratively with clients, consultants, and the community to establish a holistic vision that benefits the neighborhoods, the environment, and ultimately the people who experience the spaces they design. For more information, visit www.sotopllc.com.