Following last year’s demolition of Marymount University’s “Blue Goose” building in Ballston, construction is underway on the building’s replacement, which now has a new name.
The mixed-use development at 1000 N. Glebe Road is now being called “Newside.” Two buildings are under construction on the site, a nine-story office building and a 12-story, 267-unit residential building.
The nine-story building will be owned by Marymount University, with the university using six floors as office and educational space. The top three floors will be leased out as office space.
Along with the two buildings, there will also be a 10,600 square foot public plaza and pedestrian passageway in between them.
The Shooshan Company, the project’s developer, is optimistic about its potential.
“You’ve got this unique blend of all these uses in one spot,” said Kevin Shooshan, the company’s director of leasing and marketing. “There is going to be constant foot traffic every day of the week,” between Marymount students and customers of the on-site retail. “It gives kind of a new life to the site which is why we view it as the new side of Ballston, the new side of Marymount University.”
Government contractors, high profile associations, IT and technology companies are among the potential tenants that Avison Young, the company in charge of leasing office and business space, imagines for the top three floors of the Marymount building.
According to Shooshan, the development’s convenient location just off I-66, between Tysons Corner and D.C., along with its potential for rooftop signage that can be seen from the highway, gives it an advantage in the marketplace.
“It is the only new construction space available in the Ballston market,” he said. “In an era when many tenants are looking to reduce things and right-size their space, doing so in new construction — it’s the only opportunity in the Ballston market and it’s coming within the next year.”
“We’ve also been seeing some good activity from some national retailers,” he added.
At the moment, the excavation and concrete portion of the underground parking garages are complete and work is currently being done of the second floors of the buildings.
Construction is expected to be completed for both buildings around the second quarter of 2017.