View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
April 16, 2014

USAA Real Estate to develop new HQ for National Science Foundation

USAA Real Estate has unveiled plans to construct a new office building in the Washington DC suburb of Alexandria, Virginia, US.

office building

USAA Real Estate has unveiled plans to construct a new office building in the Washington DC suburb of Alexandria, Virginia, US.

Located at Hoffman town centre, block eight, the office building is pre-leased to the General Services Administration on behalf of the National Science Foundation (NSF) for a term of 15 years.

The NSF will occupy 94% of the building after its planned completion in late 2016.

Real estate company Lowe Enterprises will be responsible for ground-up property development and building management.

The proposed NSF headquarters building will feature 704,571ft² of space, including 19,437ft² of retail space across 2.03 acres.

The project will comprise two interconnected towers of 19 and 14 storeys respectively, with dual cores off a main entrance lobby at ground level and 375 parking spaces on three subterranean levels.

According to USAA, the NSF headquarters building will be located directly across from the Eisenhower Avenue Metro Station (yellow line), five miles from Reagan National Airport and within three blocks of the US Patent and Trademark Office campus and the US Federal District courthouse, as part of the Hoffman town centre planned development in the Alexandria neighborhood of Carlyle.

USAA Real Estate CEO Len O’Donnell said: "Located in one of the leading core real estate markets in the country within an exciting new mixed-use urban setting, the NSF headquarters building is an important new project, exemplary for the high standards the market has come to expect of USAA Real Estate Company."


Image: The project will comprise two interconnected towers of 19 and 14 storeys respectively. Photo: courtesy of PRNewsFoto/USAA Real Estate Company.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Design Build Network