The Urban Land Institute (ULI) awarded Carr Properties the ULI 2019 Excellence in Office Development Award for Midtown Center, located at 1100 15th Street, NW in Washington, D.C. The winners were announced at the ULI Washington Real Estate Trends Conference held in the Ronald Reagan Building in Washington, D.C. on April 30, 2019.
Commenting on the award, Carr Properties CEO Oliver Carr said, We are honored to be recognized by ULI for Midtown Center. We designed Midtown to not only be an outstanding office building with best-in-class amenities but also a welcoming public space with close to 50,000 SF of dynamic street retail. We want to thank our project partners, Clark Construction, Shop Architects, WDG Architecture, and SCAPE Landscape Architects for their creative execution.
The 868,000 SF building sets a new standard for first-class offices in Washington, D.C. where customers and the public can enjoy a vibrant park-like environment and highly-curated retail. The lineup of retail includes the recently-opened Blue Bottle Coffee and an array of high-end restaurants opening later this year including, Dauphines, a New Orleans style restaurant; ShÅtÅ and AkÄ“do a Japanese concept by renowned restaurateur Arjun Waney; and Philotimo, a Greek concept by Michelin Star Chef Nicholas Stefanelli.
ULI Washington identifies and promotes best practices in all types of real estate development, recognizing the most innovative and creative thinking in the categories of Excellence in Adaptive Reuse, Excellence in Affordable Housing, Excellence in Mixed-Use Development, Excellence in Office Development, and Excellence in Residential Development categories.
About Carr Properties
Carr Properties is a privately held real estate investment trust focused on creating value for its shareholders through the ownership, acquisition, and development of high-quality office properties in Washington, D.C., and Boston, MA. The company currently owns a portfolio of 17 commercial office properties totaling approximately 4.5 million square feet as well as a pipeline of five development projects that include: The Wilson and Elm Development in Bethesda, MD; Signal House in the Union Market area of Washington, D.C.; and One Congress in Boston, MA. Upon completion, these projects will add 2.4 Million SF of trophy-quality office space to the companys portfolio. The company is continuing to expand its portfolio through strategic investments in the Washington, D.C., and Boston areas.
Ravi Yemane, Carr Properties