Vornado Realty Trust’s plans for Crystal City might be in flux, but it’s full steam ahead for the developer in another Arlington community.
In Pentagon City, Vornado (NYSE: VNO) is pitching a 22-story, 558-unit residential over retail project fronting South Eads Street, between the future 13th and 14th streets south. The 2.81-acre site, part of the Metropolitan Park development, is immediately south of The Bartlett, Vornado’s Whole Foods-anchored, 22-story apartment project at the corner of 12th Street South and South Eads Street.
Vornado is expected to begin leasing The Bartlett, originally known as Metropolitan Park Phase 4-5, in the spring. The timing on Metropolitan Park Phase 6, a 568,325-square-foot building with 10,178 square feet of street-level retail and 476 parking spaces, is unknown. But it’s not unlike Vornado to plan far ahead.
The proposed building’s materials include thin brick, precast concrete and aluminum. The design, from Shalom Baranes Associates, calls for a penthouse-level lounge, pool and view deck. The building, which will replace a two-story brick warehouse, rises to 293 feet.
Vornado applied for a site plan amendment with Arlington County on Nov. 9.
In addition to The Bartlett, Metropolitan Park Phase 6 will join The Millennium, The Acadia, The Gramercy (all from Kettler) and two future phases, both from Vornado. A large central park — Metropolitan Park, of course — backs up to Phase 6. And immediately to the north of Metropolitan Park, on a 10-acre site bounded by Army Navy Drive, South Fern and South Eads, Vornado has an approved site plan to advance its PenPlace, office-dominated campus.
Michael Neibauer covers economic development, chambers of commerce, transportation and politics.
Source: http://www.bizjournals.com/washington/breaking_ground/2015/12/vornado-pitches-another-doozy-of-a-project-for.html#g2