Join Club

Major Pentagon City Redevelopment Nears Opening, Just in Time for Amazon’s Arrival

Update, Nov. 30 at 9 a.m.: After this story was published Kimco spokeswoman Jennifer Maisch contacted ARLnow to clarify that Glazer’s comments regarding the new parking garage were inaccurate. The garage will serve only retail customers, while each residential building will have its parking available on lower floors, she said.

A massive new mixed-development in Pentagon City is nearly ready to open — and its backers hope it’ll be perfectly positioned to serve the thousands of Amazon employees who will start arriving in the area in the next few months.

The first phase of the Pentagon Centre redevelopment project, backed by New York-based developer Kimco Realty, should start leasing apartments as soon as spring 2019, according to a news release.

The company hopes to open “The Witmer,” a 26-story residential tower complete with 440 apartments and 7,000 square feet of ground-floor retail space, by the second half of the new year.

The new building will be the first of many new changes to come for the shopping center, located between S. Hayes and Fern Streets and 12th and 15th Streets S., as the developer embarks on a decades-long effort to redevelop the area. Kimco earned the county’s approval for the project back in 2015, but it’s taken on new significance now that Amazon plans to construct a pair of new buildings for its headquarters right next door — the company purchased the “PenPlace” and “Metropolitan Park” developments from JBG Smith as part of its move to the county.

“Our Pentagon Centre ‘Signature Series’ redevelopment is in excellent position to take advantage of the incredible growth Amazon’s National Landing headquarters will bring to the area,” Kimco CEO Conor Flynn wrote in a statement. “With ‘The Witmer’s’ location directly above the Metro Station and its stunning views of the Pentagon, Potomac River and Washington Mall, it will be at the heart of this new center of gravity.”

Geoff Glazer, Kimco’s senior vice president for national development, also told ARLnow that a seven-story parking garage along 15th Street S. is already “complete and operational” as well. The garage will serve residents of the new apartment building, as well as help replace parking lots for Costco customers to be occupied by the next phase of development in the area.

Kimco plans to build a 10-story residential tower, complete with 253 units and 15,541 square feet of ground-floor retail, once the first the building is ready. Glazer says the timeline for that project is a bit unclear just yet, however, calling it a “market-driven decision” with plans to “evaluate timing for the second tower in 2019.”

Real estate watchers expect that the market will demand plenty of new construction in the area as Amazon ramps up hiring, so the company may not need to wait long. Brad Dillman, the chief economist for national real estate developer Cortland, says that data suggest Crystal City and Pentagon City both have slightly higher residential vacancy rates than the D.C. metro area as a whole, but there will still be a huge demand for new development as Amazon’s 25,000 workers descend on the area.

“If you look across the whole market on the multifamily side, there were just under 9,000 new units delivered in the last year,” Dillman said. “It’s pretty clear that just Amazon alone is going to require some above and beyond new housing development.”

However, Kimco’s ambitions for the 17-acre property extend far beyond just residential buildings. Eventually, the company plans to demolish the mall building (the current home of retailers like Best Buy and Nordstrom Rack) and then tear down the Costco as well, replacing them with three new office buildings, 377,000 square feet of retail and commercial space and 180-room hotel.

Those plans are quite ways off yet, though, with Glazer estimating that they’re “many years down the road given our existing lease obligations.” The company’s initial estimates suggest that the first phase of demolitions wouldn’t start for another 20 years yet, with more to come another 20 years after that.

Recent Stories

Morning Notes

Work Stoppage Closes Local Starbucks — “The cafe in Arlington’s Court House neighborhood was one of more than 100 Starbucks stores around the country where workers took part in a…

The passenger in a car that was pulled over for a traffic stop apparently shot himself, prompting a large police presence in the Clarendon area.

After years of consideration, and multiple days of public testimony and County Board discussion, one of Arlington’s most contentious local proposals in memory is becoming a reality.

Arlington County’s Dept. of Parks and Recreation says it has a surfeit of programs for teens — but not enough teens to fill them. Between July 2021 and June 2022,…

EDBS Dental Billing Solutions is pleased to announce that it has achieved compliance with the federally mandated standards of the Health Insurance Portability and Accountability Act (HIPAA) through the use of Compliancy Group’s proprietary HIPAA methodology, The Guard® compliance tracking software, and HIPAA Seal of Compliance®.

The HIPAA Seal of Compliance is issued to organizations that have implemented an effective HIPAA compliance program through the use of The Guard, Compliancy Group’s proprietary compliance tracking solution.

Clients and patients are becoming more aware of the requirements of HIPAA compliance and how the regulation protects their personal information. Forward-thinking providers like EDBS Dental Billing Solutions choose the HIPAA Seal of Compliance to differentiate their services.

“Since the nature of our business being exclusively remote, we take HIPAA compliance very seriously. With the help of Compliancy Group, we are able to take steps to fortify our systems to protect PHI information and familiarize each employee about HIPAA and how we can further safeguard PHI data.” said EDBS Dental Billing Solutions founder Goldie De Leon.

Read More

Submit your own Announcement here.

Are you feeling overwhelmed or struggling to cope with life’s challenges? You’re not alone. Mental health issues are more common than you might think, and seeking help is a sign of strength, not weakness.

Our counseling service provides a safe, supportive environment where you can explore your feelings, identify negative thought patterns, and learn coping skills to manage your symptoms. Lauren is trained in evidence-based practices and specializes in a range of mental health concerns, including anxiety, depression, trauma, and addiction.

We understand that seeking counseling can be intimidating, but we believe that everyone deserves to live a fulfilling, happy life. Our approach is non-judgmental and compassionate, and we work collaboratively with you to develop a personalized treatment plan that meets your unique needs and goals.

We offer a free 15-minute consultation to see if our service is a good fit for you. Reach out at https://peacefulmindsolutions.com or call (703) 994-0300 to set up a consultation.

Read More

Submit your own Announcement here.

District 27 Toastmasters 2023 Virtual Conference

District 27 Toastmasters invites you to its annual conference where you can hear phenomenal speakers, attend professional development and personal growth seminars about leadership, negotiation, communication, teamwork, and mentorship. Learn how to develop your personal story and how to improve

Singin’ in the Rain

The “Greatest Movie Musical of All Time” is faithfully and lovingly adapted for the stage by Broadway legends, Betty Comden and Adolph Green, from their original award-winning screenplay. Each unforgettable scene, song and dance is accounted for, including the show-stopping

×

Subscribe to our mailing list