Balfour Beatty has secured a $79m contract from LCOR Incorporated (LCOR) to build Sage at National Landing, a luxury residential and multifamily building in Arlington, Virginia, US.
This 19-story Sage at National Landing building will have 306 luxury apartment units.
Go deeper with GlobalData
The mixed-use property will also provide 10,653ft2 of retail space on the ground floor. The retail space will include a two-story bar-and-restaurant concept.
Situated on the border of Crystal City and Pentagon City, the multifamily residential project will be delivered on the 40,000-square-foot Verizon telecommunications site at 400 11th Street South.
Furthermore, the building will be built near the newly unveiled Amazon HQ2, which is scheduled to break ground next year.
See Also:
Sage at National Landing is Balfour Beatty’s second project with LCOR. The company will offer general contracting services.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe new building comes after Balfour Beatty recently completed The Altaire, a 20-story multi-family/mixed-use development and luxury apartment residence in Washinton D.C.
Balfour Beatty vice president of operations in the Mid-Atlantic Sean Graham said: “It is an honor to partner with LCOR Incorporated to deliver another high-quality construction project for the D.C. area.
“Sage at National Landing will be another prestigious property that will spark continued economic growth in the area and bridge the gap between the Crystal and Pentagon cities. As an industry-leading builder in the multifamily and residential sector, our teams will leverage our expertise to deliver a premier facility for local residents and the community to enjoy for years to come.”
Currently, construction work is underway and the Balfour Beatty plans to deploy the latest technologies and lean construction methods including prefabrication of exterior wall panels and mechanical, electrical and plumbing components, and Building Information Modeling to deliver Sage at National Landing.
Architect of Sage at National Landing is SK+I Architects of Bethesda, Maryland.
Construction work is expected to be completed in early 2023.
———————————————————————————————————————-
This 19-story Sage at National Landing building will have 306 luxury apartment units. Credit: Jean van der Meulen from Pixabay.
