Carr Properties Recognized for Excellence in Office
Development
WASHINGTON–(BUSINESS WIRE)–The Urban Land Institute (ULI) awarded Carr Properties the ULI 2019
Excellence in Office Development Award for Midtown Center, located at
1100 15th Street, NW in Washington, D.C. The winners were announced at
the ULI Washington Real Estate Trends Conference held in the Ronald
Reagan Building in Washington, D.C. on April 30, 2019.
Commenting on the award, Carr Properties CEO Oliver Carr said, “We are
honored to be recognized by ULI for Midtown Center. We designed Midtown
to not only be an outstanding office building with best-in-class
amenities but also a welcoming public space with close to 50,000 SF of
dynamic street retail. We want to thank our project partners, Clark
Construction, Shop Architects, WDG Architecture, and SCAPE Landscape
Architects for their creative execution.”
The 868,000 SF building sets a new standard for first-class offices in
Washington, D.C. where customers and the public can enjoy a vibrant
park-like environment and highly-curated retail. The lineup of retail
includes the recently-opened Blue Bottle Coffee and an array of high-end
restaurants opening later this year including, Dauphine’s, a New Orleans
style restaurant; Shōtō and Akēdo a Japanese concept by renowned
restaurateur Arjun Waney; and Philotimo, a Greek concept by Michelin
Star Chef Nicholas Stefanelli.
ULI Washington identifies and promotes best practices in all types of
real estate development, recognizing the most innovative and creative
thinking in the categories of Excellence in Adaptive Reuse, Excellence
in Affordable Housing, Excellence in Mixed-Use Development, Excellence
in Office Development, and Excellence in Residential Development
categories.
About Carr Properties
Carr Properties is a privately held real estate investment trust focused
on creating value for its shareholders through the ownership,
acquisition, and development of high-quality office properties in
Washington, D.C., and Boston, MA. The company currently owns a portfolio
of 17 commercial office properties totaling approximately 4.5 million
square feet as well as a pipeline of five development projects that
include: The Wilson and Elm Development in Bethesda, MD; Signal House in
the Union Market area of Washington, D.C.; and One Congress in Boston,
MA. Upon completion, these projects will add 2.4 Million SF of
trophy-quality office space to the company’s portfolio. The company is
continuing to expand its portfolio through strategic investments in the
Washington, D.C., and Boston areas.
Contacts
Ravi Yemane, Carr Properties
(202) 355-1292
[email protected]
