Thursday, February 16, 2012

Earth Finally Moving at Rhode Island Avenue Office Building

The Center for Strategic and International Studies is finally doing a lot less thinking and a lot more digging, as dirt is finally moving at their site for a new headquarters at 1616 Rhode Island Avenue NW.

The new $100-million think-tank headquarters, which was to break ground in September 2011, was delayed several times as HITT Contracting, the general contractor worked out key technical issues for the building's underground levels, Ryan Sickles, a CSIS spokesman, said.

The new CSIS space will share the neighborhood with the new University of California Washington Center and the Human Rights Campaign headquarters.

Designed by Hickok Cole Architects, the CSIS headquarters will be nine stories, 130,000 s.f., and should achieve LEED-Silver certification, with substantial help from a green roof.

The light, open space is a substantial contrast to its fortress-like location at 1800 K Street, NW, where it has been for more than 50 years. CSIS will move when the project completes in the fall of 2013.

CSIS bought its 15,400-sf property in the Golden Triangle in 2007, for what was reported to be just over $31 million.

(photos courtesy Hickok Cole)

Washington D.C. real estate development news


JasonDC said...

I love DC mud and get on this site all the time, but I have a pet peeve--Tell us whether the address is NE, NW, SW, SE. On several articles I've had to make an educated guess as to the address--all you need to do is type in the two letters.

le poo said...

jason - click the little DC map in the orange circle. it maps the location for you. oh, and SHHH!!! don't tell anyone from MD or VA!

Anonymous said...

I'm in agreement with JasonDC.

When a Washington, DC street address is given, it should be complete, with the necessary NW, NE, etc.

Dan Goldstein on Feb 18, 2012, 9:42:00 AM said...

Thanks Jason for that catch. I added NW to Rhode Island Ave. .

Also. Please be sure to check out the maps by clicking on the DC, MD and VA icons as it will take you straight to a Google map with the bounded property lines illustrated.

Anonymous said...

Is it really $100 million dollars? Maybe that is all costs and not just construction, because 130,000 SF for $100 million is $769 SF construction costs... that is very high, even for high end office building...

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