NOTICE OF HEARING
CARLYLE DESIGN REVIEW BOARD
The Carlyle Design Review Board will meet for a work session on THURSDAY, APRIL 21, 2016 at 7:00 PM in Room 2000 at 301 King Street, Alexandria, VA 22314. The following items are on the agenda for this month’s meeting:
- Carlyle Plaza Two –South Residential Building – Presentation by JM Zell Partners followed by DRB discussion
(see blog post dated 03/21/2016 for further information about the Carlyle Plaza Two project)
Rubenstein Announces Their Plans For The Hoffman Office Buildings
Alexandria, VA, March 18, 2016 – Rubenstein Partners, L.P. (including its affiliates, “Rubenstein”) is announcing that it has completed the formation of the team for the rebranding and repositioning of Carlyle Tower located at 2461 Eisenhower Avenue, a 14-story mixed-use office and retail property in Alexandria, VA. Shortly after acquisition, Rubenstein entered into a joint venture with Northpoint Realty Partners (“Northpoint”) and then engaged Newmark Grubb Knight Frank for the office leasing and Rosenthal Partners for the retail leasing. EagleBank has provided financing to implement the redevelopment program that has been designed by Nortitake Associates.
Rubenstein acquired the 365,000 square-foot mixed-use property, located across the street from the National Science Foundation’s new headquarters and the Eisenhower Avenue Station Metro in the Carlyle District of Alexandria, at the end of last year. The property includes a 335,000 square-foot office building with first floor retail along with a 32,500 square-foot single-story retail center and to-be-built retail pad site that “wraps” the office building and contains multiple restaurants. The building includes views of the Potomac River and offers direct access to I-495 and I-95 with tenant building signage opportunities that can be viewed by over 200,000 cars per day.
Rubenstein and Northpoint have embarked on a complete renovation to transform the property into a brand new Class “A” office building with new skin, systems, lobby, fitness, conference and related tenant improvements, in addition to the existing retail amenities. “Carlyle Tower is planned to be state-of-the-art in terms of physical building improvements and mixed-use Metro proximate amenities, “ says Steve Evans with Rubenstein.
“We’re thrilled to form this partnership with Rubenstein and to add this asset to our growing portfolio,” adds Mr. Chambers. “Our investment in Carlyle Tower reinforces our conviction about the staying power of Alexandria and the long-term growth outlook for the D.C. market as a whole. This will be a first-class project upon completion that we’re confident will be attractive to tenants looking for top-quality space with a great location.”
Carlyle Plaza Two apartment development
Zell & Hines will jointly develop 382 unit apartment building. Florida based company designer Bernardo Fort-Brescia, Arquitectonica International Corp., design features 382 units in 354 feet fall glass structure, and it will be one of five tallest apartment buildings in the region.
The proposal must go through Alexandria's Planning and Carlyle East Design Review Board. Zell is hoping to break ground by end of 2016
For full Washington Business Journal article