In National Landing, Investments In Transportation And Construction Pave The Way For A Bright Future
Bisnow
By Julia Troy
January 21, 2021
National Landing is one of the most talked-about regions in greater D.C..
This community, which straddles Arlington and Alexandria, Virginia, made a major splash in 2018 when Amazon announced it would be home to its new headquarters, dubbed HQ2. The news, which was also the genesis of the area’s name, jump-started investment in office, retail and residential space in the region’s three distinct neighborhoods, Crystal City, Pentagon City and Potomac Yard. It is poised to become a major commercial hub near the nation’s capital.
But a great deal has changed since Amazon’s big reveal, and the coronavirus pandemic has stalled construction across the country, including in some of its most promising areas. Construction at National Landing, however, carried on throughout.
Matt Kelly, CEO of real estate investment trust JBG Smith, which is developing several projects in National Landing including Amazon’s HQ2, told The Washington Post in November that all of the company’s National Landing projects are on schedule. The company recently completed renovations on Amazon’s new temporary office building in the area, which the tech giant plans to use while it waits for HQ2 to be completed.
JBG Smith has also received final approvals and is now moving forward with the initial phases of its Potomac Yard development, which will comprise nearly 2M SF of office, educational and multifamily buildings, as well as public and private open space.
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