The team behind the redevelopment of Metro's longtime downtown D.C. headquarters has selected Pickard Chilton of New Haven, Connecticut as the project's lead architect and CBRE to market the new office space.
“The location and timing of the redesign of 600 Fifth Street NW presents a once-in-a generation development opportunity,” Pickard Chilton Principal Jon Pickard said in a statement. “At a time when many organizations are reevaluating their office space requirements and workplace priorities, we have the unique opportunity to holistically reimagine an entire city block from the inside out."
Plans for a new Uptown Dallas high-rise project are moving ahead. Trammell Crow Co. plans to build the 27-story office and retail tower at McKinney and Maple avenues just north of downtown. It’s one of the largest Dallas real estate developments announced in the last year.
Skanska, a leading global development and construction firm, today announced South Korean financial group Hana Alternative Asset Management, alongside Hana Financial Group, will purchase a 95 percentage stake in the Skanska-developed and built 2+U office and retail tower in Seattle for approximately $669 million. The divestment will be recorded by Skanska Commercial Development USA in the fourth quarter of 2020. Hana will acquire and begin operations of the 2+U development immediately in conjunction with Hines asset management and property management. Skanska will continue to be involved in the project and complete the ground plane and retail vision. The divestment marks the largest single-property real estate transaction in the U.S. since the beginning of the Covid-19 pandemic.
Diversity and equity are deeply rooted in the ethos of Pickard Chilton. For the growth and benefit of our employees and the greater profession, our studio supports individuals interested and actively involved in the nationwide movement. Four studio members, Brigid Abraham, Deep Chaniara, Zainab Hanzakian, and Michael Hensley, were sponsored to attend the 48th Annual NOMA National Conference, “Spatial Shifts: Reclaiming Our Cities,” which took place virtually on October 14th -18th.