Tomorrow night, a ground breaking ceremony will kick off three years of construction by Clark on the new $275-million, 400,000-s.f., 8-story Science and Engineering Complex (SEC) for George Washington University's Foggy Bottom campus. GW hopes the new facility will "strengthen the university’s reputation as a premier research institution."
Following a bolstered reputation will be the return of a portion of the building's costs in the form of future grants and contracts supporting faculty research, foresees the university. The rest of the $275 million will be generated through Boston Properties' Square 54 ground lease, as well as philanthropic gifts.
Over the summer, demolition of what was the university's parking garage took place on the site at 22nd and H Streets, NW. Removal of the demolished chunks of concrete will continue for a couple weeks, allowing sheeting, shoring and excavation work to be underway soon.
The building, the design work of Ballinger Architects and Hickok Cole, will rise 8 stories, and go down 6, with 2 stories of program space and 4 stories of parking below grade. The complex will be ready for occupancy — by five Science and Engineering departments and also four Columbian College of Arts and Sciences departments — in 2015.
Washington D.C. real estate development news