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When it comes to development and construction, the Washington, DC, metro area is thriving. Builders and developers have made changes to accommodate the influx of Millennials, notably shifting focus from "location, location, location!" to "location, convenience, amenities!" That has driven an increase not only in new development, but core upgrades to those existing buildings that have become fixtures in the city. With a little nip and tuck, historic buildings can remain up-to-date and aesthetically attractive to compete with newer product.
DC-based construction and development firm The Korth Cos. has taken this in stride with its latest project, the renovation of the 818 Connecticut Ave. building just one block from the White House.
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The firm is building spec suites with high-end finishes and amenities, offering an attractive turnkey solution for new tenants. However, if landlords expect to keep long-term tenants, the spaces surrounding their luxury suites should be upgraded as well.
“Core upgrades and spec suites have kept our bid board very full this year,” said Korth Cos. vice president of business development Jodi Korth. The firm is in the midst of renovating all core areas, common areas and restrooms at 818 Connecticut. The scope of work includes a demo, stainless steel transoms above elevators, stainless steel aprons at restroom vanities, custom millwork toilet partitions and Corian urinal screens.
Communal area renovations include back-painted glass at elevator lobbies, acoustic and drywall ceilings, ceramic floor and wall tiles in restrooms, Zodiac vanities, carpet and repainting, wallcovering, toilet accessories and elevator cab redos. MEP scope includes modifications to air distribution, new plumbing fixtures and new lighting.
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The redevelopment is occurring in three phases, with most work taking place at night to create as little disturbance as possible for the existing tenants.
The renovation project is a triple-owned project, owned by the Cafritz Foundation and managed by Borger Management. The three firms hope to have the freshly redone building open this spring.
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