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Skanska Acquires 3901 North Fairfax Drive in Arlington

Infra News - Published on Fri, 18 Oct 2019

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Leading global development and construction firm Skanska announced that it has acquired the development site for 3901 North Fairfax Drive in Arlington, VA, from an investment affiliate of Bernstein Management Corporation. This acquisition is significant as the site represents one of the last ground-up, Metro-accessible development opportunities along the Rosslyn-Ballston Corridor. Once completed, 3901 North Fairfax will be a nine-story, 201,000-square-foot office building with 184,036 square-feet of office space and 10,280 square-feet of ground-floor retail. Designed by CallisonRTKL and targeting LEED® Gold certification, the free-standing building inhabiting a full block will feature floor-to-ceiling windows on all four sides, which will welcome ample natural light and unobstructed views into the office spaces.

Mark Carroll Executive Vice President of Skanska USA Commercial Development in Washington, DC said that “The Rosslyn-Ballston Corridor has long been the epicenter of mixed-use development in Northern Virginia, and the 3901 North Fairfax site will be a welcome addition to this vibrant, pedestrian-friendly community with easy access to public transit and a plethora of retail options. This property’s amenities, including a 4,000-square-foot outdoor rooftop terrace with a 1,600-square-foot indoor amenity space, a 1,700-square-foot second floor terrace, and a state-of-the-art fitness facility make it a one-of-a-kind offering in this submarket. 3901 North Fairfax’s prime location coupled with the building’s design and views make it an ideal place to work.”

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Posted By : Rabi Wangkhem on Fri, 18 Oct 2019
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