{"id":401410,"date":"2020-12-16T17:33:09","date_gmt":"2020-12-16T22:33:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=401410"},"modified":"2020-12-16T17:33:09","modified_gmt":"2020-12-16T22:33:09","slug":"jbg-smith-welcomes-amazon-to-newly-renovated-1770-crystal-drive","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jbg-smith-welcomes-amazon-to-newly-renovated-1770-crystal-drive\/","title":{"rendered":"JBG SMITH Welcomes Amazon to Newly Renovated 1770 Crystal Drive"},"content":{"rendered":"

<\/p>\n

JBG SMITH Welcomes Amazon to Newly Renovated 1770 Crystal Drive<\/b><\/p>\n

Amazon HQ2 Employees Begin Occupancy of 14-Story Office Building After Completion Two Quarters Ahead of Schedule<\/i><\/p>\n

BETHESDA, Md.–(BUSINESS WIRE<\/a>)–
\nJBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, has completed construction of 1770 Crystal Drive, an approximately 273,000 square-foot office building in National Landing. The entire 259,000 square-foot office portion of the 14-story building is now leased by Amazon as part of its HQ2 expansion to Northern Virginia.\n<\/p>\n

\nThe opening of the newly reimagined 1770 Crystal Drive coincides with the two-year anniversary of Amazon\u2019s selection of National Landing as the location of its second headquarters and JBG SMITH as its partner to house and develop the project. The building was completed two quarters ahead of schedule and under budget.\n<\/p>\n

\nAmazon\u2019s offices at 1770 Crystal Drive are part of the initial 537,000 square feet of existing National Landing office space the company agreed to lease from JBG SMITH in November 2018. Since then, Amazon has continued to grow its National Landing leased footprint, which now encompasses 857,000 square feet across five JBG SMITH buildings.\n<\/p>\n

\nIn addition, JBG SMITH is managing the construction of 2.1 million square feet of office space in two sustainably designed towers, 50,000 square feet of community-serving retail, and more than an acre of public open space, representing the first phase of Amazon\u2019s new headquarters in National Landing.\n<\/p>\n

\n\u201cThe return to productive use of 1770 Crystal Drive represents yet another significant milestone in National Landing\u2019s ongoing transformation into a vibrant 18-hour neighborhood,\u201d said Matt Kelly, Chief Executive Officer of JBG SMITH. \u201cWe are thrilled to partner with Amazon and accommodate its growing presence in the region as we continue to make progress on its modern new headquarters.\u201d\n<\/p>\n

\nWorking with Gensler, JBG SMITH has reinvented 1770 Crystal Drive with a striking contemporary design. A floor-to-ceiling glass curtain wall and metal panels form the building\u2019s sleek new fa\u00e7ade, and a redesigned two-story lobby with high-end finishes create an elevated arrival experience. New outdoor terraces constructed on the upper floors offer expansive views of the DC skyline, Potomac River, and Reagan National Airport, and a double height pedestrian colonnade highlights 1770 Crystal Drive\u2019s transformed retail spaces and storefronts. The building\u2019s mechanical systems have also been upgraded, and the elevators have been modernized with destination dispatch technology.\n<\/p>\n

\n1770 Crystal Drive is conveniently located just a short walk from the Crystal City Metro and VRE station and sits adjacent to a recently completed street-level retail project along Crystal Drive.\n<\/p>\n

About JBG SMITH<\/b><\/p>\n

\nJBG SMITH is an S&P 400 company that owns, operates, invests in and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Capital region, including National Landing where it now serves as the exclusive developer for Amazon\u2019s new headquarters. JBG SMITH\u2019s portfolio currently comprises 20.7 million square feet of high-growth office, multifamily and retail assets, 98% at our share of which are Metro-served. It also maintains a development pipeline encompassing 17.1 million square feet of mixed-use development opportunities. For more information on JBG SMITH please visit www.jbgsmith.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201216006005\/en\/<\/a><\/span><\/p>\n

\nBud Perrone
\n
Rubenstein
\n
Managing Director
\n
(212) 843-8068
\n
bperrone@rubenstein.com <\/a><\/p>\n

\nSamantha Schmieder
\n
JBG SMITH
\n
Corporate Communications Senior Analyst
\n
(240) 333-7706
\n
sschmieder@jbgsmith.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America District of Columbia Maryland<\/p>\n

INDUSTRY KEYWORDS:<\/b> Commercial Building & Real Estate Construction & Property REIT<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

JBG SMITH Welcomes Amazon to Newly Renovated 1770 Crystal Drive Amazon HQ2 Employees Begin Occupancy of 14-Story Office Building After Completion Two Quarters Ahead of Schedule BETHESDA, Md.–(BUSINESS WIRE)– JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, has completed construction of 1770 Crystal Drive, an approximately 273,000 square-foot office building in National Landing. The entire 259,000 square-foot office portion of the 14-story building is now leased by Amazon as part of its HQ2 expansion to Northern Virginia. The opening of the newly reimagined 1770 Crystal Drive coincides with the two-year anniversary of Amazon\u2019s selection of National Landing as the location of its second headquarters and JBG SMITH as its partner … <\/p>\n

Continue reading “JBG SMITH Welcomes Amazon to Newly Renovated 1770 Crystal Drive”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-401410","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nJBG SMITH Welcomes Amazon to Newly Renovated 1770 Crystal Drive - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jbg-smith-welcomes-amazon-to-newly-renovated-1770-crystal-drive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JBG SMITH Welcomes Amazon to Newly Renovated 1770 Crystal Drive - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"JBG SMITH Welcomes Amazon to Newly Renovated 1770 Crystal Drive Amazon HQ2 Employees Begin Occupancy of 14-Story Office Building After Completion Two Quarters Ahead of Schedule BETHESDA, Md.–(BUSINESS WIRE)– JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, has completed construction of 1770 Crystal Drive, an approximately 273,000 square-foot office building in National Landing. The entire 259,000 square-foot office portion of the 14-story building is now leased by Amazon as part of its HQ2 expansion to Northern Virginia. The opening of the newly reimagined 1770 Crystal Drive coincides with the two-year anniversary of Amazon\u2019s selection of National Landing as the location of its second headquarters and JBG SMITH as its partner … Continue reading "JBG SMITH Welcomes Amazon to Newly Renovated 1770 Crystal Drive"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/jbg-smith-welcomes-amazon-to-newly-renovated-1770-crystal-drive\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-16T22:33:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201216006005r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jbg-smith-welcomes-amazon-to-newly-renovated-1770-crystal-drive\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jbg-smith-welcomes-amazon-to-newly-renovated-1770-crystal-drive\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"JBG SMITH Welcomes Amazon to Newly Renovated 1770 Crystal Drive\",\"datePublished\":\"2020-12-16T22:33:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jbg-smith-welcomes-amazon-to-newly-renovated-1770-crystal-drive\\\/\"},\"wordCount\":596,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jbg-smith-welcomes-amazon-to-newly-renovated-1770-crystal-drive\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201216006005r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jbg-smith-welcomes-amazon-to-newly-renovated-1770-crystal-drive\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jbg-smith-welcomes-amazon-to-newly-renovated-1770-crystal-drive\\\/\",\"name\":\"JBG SMITH Welcomes Amazon to Newly Renovated 1770 Crystal Drive - 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