Construction on the large, eight-building Liberty Center project in Ballston has been wrapping up this week, but just temporarily.
Construction barriers have been removed from the corner of Wilson Blvd and N. Randolph Street, a new sidewalk is open and construction cranes have come down. However, the project isn’t quite complete: one of the buildings has yet to be built.
As reported by the Washington Business Journal in January, developer Shooshan Co. decided not to built the eighth and final building — a 20-story office building at 4040 Wilson Blvd — without significant lease commitments. With none apparently forthcoming, Shooshan decided against building on “spec” during a period of high office vacancies in Arlington and the rest of the D.C. region.
“The construction has been paused until we have the right deal in place,” Director of Leasing and Marketing Kevin Shooshan told ARLnow.com. “We could start again in a month, or in a year, it all depends on the market and finding our deal.”
Currently, passersby can see the top of a five-level underground parking garage, behind the chain link fence, on the site of what will eventually be 4040 Wilson Blvd.
The tower will eventually be built on top of the garage. Until then, Shooshan says the company is planning to place wrap signage around the site.