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JBG Smith Unveils New Expansion Plan for RiverHouse Property Near Amazon HQ2

Published July 22, 2019 at 10:15AM

Renderings of new housing development planned for the RiverHouse property in Pentagon City (Image courtesy of JBG Smith)

Developer JBG Smith says it has submitted new plans for a major redevelopment of its RiverHouse apartment property in Pentagon City, four blocks from Amazon’s new HQ2.

The developer announced today (Monday) that it submitted a site plan application to Arlington County to build about 1,000 new housing units along S. Joyce Street. The units will be in two, six-story apartment buildings, as well as traditional townhouses and maisonettes, per the press release, and about 260 of the units will be available for purchase.

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Morning Notes

By ARLnow.com

Published July 5, 2019 at 9:00AM | Updated July 5, 2019 at 10:17AM

Arlington Gets Best View of Fireworks — On a hazy night, Arlington — particularly Rosslyn — had the best view of the expanded D.C. fireworks. Smoke obscured the viewing for many parts of the District. [Twitter, Twitter, Raw Story]

JBG Trying to Lure Big Tech to Arlington — “JBG Smith Properties CEO Matt Kelly recently met with “a handful” of big West Coast tech firms in a bid to entice them to come to National Landing now that Amazon.com Inc. has chosen the area for its second headquarters.” [Washington Business Journal]

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Morning Notes

By ARLnow.com

Published May 6, 2019 at 7:55AM

Rescuers Searching for Vehicle in the Water — “A vehicle apparently went into the water Sunday night near Roosevelt Island in the Potomac River, and a search was still under way Monday morning, authorities said. The search was being conducted near the island’s parking lot, according to the D.C. Fire and EMS Department. A witness reported that the vehicle went into the water.” [Washington Post, Twitter]

Amazon Less Worried About HQ2 Housing Impact — “Amazon said its second headquarters in Arlington will not aggravate housing problems as much as the company has in Seattle because it will be able to plan for growth here in a way that it couldn’t in earlier years in its home base. Jay Carney, a senior vice president with the online retail giant, also said the company chose the Washington region for HQ2 and its 25,000 jobs partly because it is ‘a much more racially diverse area than the Pacific Northwest.'” [Washington Post]

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Take a Tour of the Room JBG Smith Used to Pitch Amazon

By Airey

Published April 18, 2019 at 10:35AM

A virtual tour is now online of the room developer JBG Smith used to pitch Crystal City and Pentagon City properties to Amazon.

Shirlington-based real estate marketing firm Lyons & Sucher designed the space, calling it “the room where it happened” and posted a virtual 360-degree tour on their website earlier this week.

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Morning Notes

By ARLnow.com

Published April 8, 2019 at 7:30AM

Riding Amazon’s Coattails — “As Amazon.com Inc. builds and staffs up HQ2, other tech companies who orbit the online retailer could follow, according to a JBG Smith Properties investor presentation released Tuesday. ‘Amazon isn’t just 38,000 jobs,’ the JBG Smith documents say. ‘It’s a catalyst for significant growth.'” [Washington Business Journal]

Amazon Effect on Real Estate — “While the average sales price in Northern Virginia stayed steady at $565,000 in January, according to the Northern Virginia Association of Realtors, the number of homes under contract rose by 70 percent compared with January 2018, and the number of homes for sale fell by 20 percent year-over-year. Limited availability of homes drives prices higher.” [Washington Post]

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BREAKING: JBG Smith Inks Agreements with Amazon

By ARLnow.com

Published April 3, 2019 at 9:10AM | Updated April 3, 2019 at 9:30AM

(Updated at 9:30 a.m.) JBG Smith has made it official with Amazon, announcing this morning the signing of lease and development agreements with the tech and retail giant.

The announcement should put to rest any speculation that Amazon could pull out of its HQ2 plans in Arlington, as it did in New York City.

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Morning Notes

By ARLnow.com

Published March 15, 2019 at 7:30AM | Updated March 15, 2019 at 8:38AM

Baby Boy for Cristol — Arlington County Board member Katie Cristol gave birth to her first child, a baby boy, this past weekend. She plans to call in to Saturday’s County Board meeting and participate in the crucial Amazon incentive package vote. [Twitter]

Building Plans for Temporary Amazon Office — JBG Smith “submitted plans March 7 to make common area improvements throughout the 12-story, 221,000-square-foot [office building at] 1800 S. Bell St., to be leased in full by Amazon.” [Washington Business Journal]

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Morning Notes

By ARLnow.com

Published March 11, 2019 at 7:30AM

Residents Support HQ2 in Letters — “Many Arlingtonians want Amazon.com Inc. to set up HQ2 in Crystal City and Pentagon City — or at least that is what a slew of letters and emails to the [Arlington County Board] seems to indicate… ‘I would say the theme of the emails is: ‘Don’t blow it,” [Libby] Garvey said.” [Washington Business Journal]

Expect Fireworks at County Board Meeting — “Board Chair Christian Dorsey (D) said he has ‘no interest’ in postponing [this weekend’s Amazon] vote and has heard no suggestions to do so from other board members. He expects the measure to pass, but he also said anywhere from 100 to 400 speakers could show up for the public hearing before the vote.” [Washington Post]

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Morning Notes

By ARLnow.com

Published March 1, 2019 at 7:30AM

Amazon’s Offices Will Be Dog-Friendly — Amazon’s new “HQ2” offices in the Crystal City area will be dog-friendly, its head of economic development said at an event yesterday. Property owner JBG Smith wooed Amazon, in part, by making sure there were lots of dogs around during Amazon’s visit to the area. [Bisnow]

HQ2 Still Not a Certainty — “While there aren’t any signs Amazon.com Inc. plans to walk away from National Landing after abandoning Long Island City, the company’s future landlord and development partner warned Tuesday that HQ2 is still just an agreement in principle, not a done deal.” [Washington Business Journal]

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Morning Notes

By ARLnow.com

Published February 27, 2019 at 7:30AM | Updated February 27, 2019 at 8:59AM

Amazon HQ2 Update — “JBG Smith Properties has begun design and pre-development on the first installment of Amazon.com Inc.’s new headquarters buildings in Arlington County, with the aim of starting construction on HQ2’s initial 2 million square feet of office space ‘within the next year.'” [Washington Business Journal]

Mosaic Park Contract Approved — “The Arlington County Board today approved a contract for slightly more than $6.08 million with Nastos Construction Inc. to build a new Mosaic Park in the heart of Ballston.” [Arlington County]

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Synetic Theater Extends Lease in Crystal City Space, After Initially Expecting to Move Elsewhere

By Alex Koma

Published February 21, 2019 at 3:30PM

Synetic Theater will now be able to stay put at its current space in Crystal City, after its owners initially feared they’d need to find a new home.

The theater signed a lease extension for its space at 1800 S. Bell Street through “late 2022,” according to a press release from property owner JBG Smith.

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BREAKING: Amazon Cancels NYC HQ2 Plans, But Leaders Say ‘Nothing Has Changed’ for Arlington

By Alex Koma

Published February 14, 2019 at 11:50AM | Updated February 14, 2019 at 6:00PM

A rendering of Amazon's planned development at the "PenPlace" site in Pentagon City

(Updated at 2:45 p.m.) Amazon is cancelling plans to build half of its “HQ2” in New York City, citing mounting criticism from local officials and activists in its reasoning for abandoning its other proposed location for a new headquarters outside Arlington.

But Amazon said in a statement announcing the change that it does not intend to re-open the HQ2 search and will “proceed as planned in Northern Virginia and Nashville.”