Press Release

Jamestown’s Ballston Exchange Becomes First Office Building in Virginia to Attain LEED Silver Certification Under v4 Rating System

Jamestown, a leading real estate investment and management firm, announced that 4201 Wilson Boulevard, a 595,000-square-foot office building at Ballston Exchange in Arlington, VA, has earned LEED Silver certification, making it the first office building in the state of Virginia to certify using the LEED v4 Building Design + Construction green building rating system from the U.S. Green Building Council (USGBC). The building constitutes one half of the 776,000-square-foot Ballston Exchange development, Jamestown’s first venture in Arlington. The designation also marks the latest recognition under the brand’s sustainability vertical ‘Jamestown Green,’ created to integrate sustainability efforts throughout Jamestown’s property, portfolio and corporate levels.

“Sustainability is part of our DNA, it embodies everything from design and construction to connectivity with community parks and transportation,” said Michael Phillips, President of Jamestown. “We look forward to continuing our work with the USGBC to integrate green initiatives across our portfolio.”

“Jamestown’s LEED certification for Ballston Exchange demonstrates tremendous green building leadership,” said Mahesh Ramanujam, president and CEO, USGBC. “LEED was created to make the world a better place and revolutionize the built environment by providing everyone with a healthy, green and high performing building. Ballston Exchange is a prime example of how the innovative work of project teams can create local solutions that contribute to making a global difference.”

As part of 4201 Wilson Boulevard’s recent renovation, the structure was amended with a two-story retail addition on the Southwest corner of the property. With design efforts led by STUDIOS Architecture and building efforts led by James G. Davis Construction Corporation and LEED consultant GHT Limited, Jamestown successfully fulfilled the necessary Arlington County Floor Area Ratio (FAR) requirements, earning a 0.25 FAR bonus. In addition to the benefit of additional density, the project achieved a variety of key metrics within the following areas, contributing to its LEED Silver certification:

  • Location and Transportation: Ballston Exchange is well served by transit with a direct connection to the metro
  • Open Space: Jamestown installed a green roof at the building and added greenery to the ground-floor public open space
  • Tenant Design and Construction: Tenant guidelines were created to encourage sustainable building practices throughout the property
  • Energy Performance: Systems were implemented for optimal energy efficiency
  • Materials and Resources: Jamestown reused over 90% of building surface area and diverted over 93% of construction waste from the landfill
  • Indoor Environmental Quality: Materials were selected for optimal air quality to promote health, wellness, and productivity

As part of Jamestown’s sustainability commitment, the firm set a variety of reduction targets to achieve by 2024, including a 20% reduction in energy, greenhouse gas and water, and a waste diversion rate of 40-75%.

Earlier this year, the company was honored as a Gold Level Green Lease Leader by the Institute for Market Transformation and the Department of Energy, recognizing the firm’s innovative practices to modernize assets to spur action on energy efficiency and sustainability.

Situated in the Rosslyn-Ballston Corridor, Ballston Exchange is one of Arlington, VA’s newest mixed-use projects, reimagining the area’s streetscape by introducing a variety of retail, commercial, and public open spaces to support the thriving neighborhood. Offering over 776,000 square feet of new storefronts, restaurants, office space, and amenities, Ballston Exchange boasts access to the Metro and a full-service conference facility. Once home to the National Science Foundation, current tenants include Industrious, Booz Allen Hamilton, Philz Coffee, CAVA, Shake Shack, CorePower Yoga, We the Pizza, El Rey, and more.

Ballston Exchange marks the latest effort by Jamestown to create unique urban communities complete with innovative lifestyle offerings for the modern professional. Jamestown is an industry leader in creating one-of-a-kind commercial, retail, and residential destinations with a portfolio that includes iconic destinations such as Industry City in New York City, Ponce City Market in Atlanta, and Ghirardelli Square in San Francisco, and The Innovation and Design Building in Boston.

For more information on Ballston Exchange, visit