JBG Lands 121k SF Anchor Tenant For 500 L'Enfant Plaza
The JBG Cos has signed Urban Institute to anchor a new trophy office building on which it is set to break ground at 500 L'Enfant Plaza.
The nonprofit will occupy 121k SF, the first six floors of the 12-story, 215k SF building, rendered above, which will begin vertical construction this quarter. Urban Institute, which currently occupies 133k SF at 2100 M St NW, is scheduled to move into the building in Q2 2019. Avison Young's Bruce McNair and Laura Eshelman repped the tenant.
“With the bold choice to relocate to 500 L’Enfant Plaza, adjacent to the Southwest Waterfront," Urban Institute president Sarah Rosen Wartell said in a release, "we hope to help strengthen a vibrant community and contribute to the vision of the waterfront as a meeting place for residents from across the city and the larger region."
In 2014, JBG completed an extensive renovation of L'Enfant Plaza, a mixed-use development that sits atop one of the District's busiest Metro stations. The developer is also building a new 140k SF home for the International Spy Museum in L'Enfant Plaza, expected to deliver in 2018.