wpostServer: http://css.washingtonpost.com/wpost
Robert H. Smith School of Business
The Motley Fool

Market Foolery Featured Podcasts

  • MarketFoolery: 05.22.2013

    Federal Reserve Chairman Ben Bernanke tells Congress that it's too soon for the Fed to end its stimulus program.  JPMorgan Chase Chairman and CEO Jaime Dimon gets a vote of confidence from shareholders.   And ESPN deals with the rising cost of sports programming.

  • MarketFoolery: 05.21.2013

    Home Depot hits a new high on better-than-expected earnings news.  Best Buy slips.  And HHGregg plummets.   Our analysts discuss those stories and debate the future of solar stocks.

  • MarketFoolery: 05.20.2013

    Yahoo buys Tumblr for $1.1B.  Campbell’s Soup reports strong 3rd-quarter earnings.  And JC Penney gets two very different price targets from competing Wall Street analysts.

Capital Business
Posted at 12:13 PM ET, 02/29/2012

Crystal City’s tallest building proposed


A rendering of 1900 Crystal Drive that shows how the building would look from 20th and South Bell Streets. (Courtesy of Vornado)

Real estate developer Vornado/Charles E. Smith is by far the largest landowner in Crystal City, a difficult position to be in these days given all the government agencies that vacated the area due to the Pentagon’s base realignment and closure effort (BRAC).

Vornado additionally has an empty building in Bailey’s Crossroads and now has 2.4 million square feet of vacant space in the area, according to the Washington Business Journal.

But there is a new plan in place for Crystal City as Vornado works through ideas to renovate or replace some of its existing properties there. The most dynamic was unveiled last week when the company submitted plans (PDF) to Arlington County for a 23-story office tower at what is now 1851 South Bell St.

The new building would be called 1900 Crystal Drive and become the tallest building in Crystal City. Also see a report from the blog ARLnow.com.

Follow Jonathan O’Connell on Twitter: oconnellpostbiz


The view of the building from 18th Street and Crystal Drive. (Courtesy of Vornado)

By  |  12:13 PM ET, 02/29/2012

Tags:  Vornado/Charles E. Smith, BRAC, Crystal City

Loading...

Comments

Add your comment
 
Read what others are saying About Badges
     

    © 2011 The Washington Post Company
    Section:/blogs/capital-business