The project includes 808 multifamily rental units and approximately 40,000 sq. ft. of street-level retail across two new mixed-use buildings. A 27-story southern tower will feature 471 apartments, while the 26-story northern tower will incorporate 337 apartments.
The developer did not disclose the project’s actual construction cost in its statement.
Building permit records indicate Clark Construction Group LLC will be the general contractor. A permit was issued to Clark and JBG SMITH on Feb. 24 for “installation of support of excavation P1 and P2.”
JBG SMITH says in a statement that it successfully bid and secured a guaranteed maximum price contract for the project that is more than 7.5% below pre-pandemic pricing.
The developer says neighbouhood improvements will includeJ enhanced streetscapes, a grand staircase connecting to public open space and public bike facilities.
In 2018, National Landing was chosen for Amazon’s new headquarters, and JBG SMITH was named the developer, leasing agent, and property manager for the project.
Amazon is expected to hire 38,000 or more employees in National Landing and is already occupying space at several JBG SMITH-owned commercial assets. Amazon’s growing presence in National Landing is expected to increase the daytime population in the submarket from approximately 50,000 people today to nearly 90,000 people in the future. This would represent a dramatic increase of more than 70%, based on data from the National Landing Business Improvement District.
“The start of construction on 1900 Crystal Drive marks yet another major milestone in National Landing’s ongoing transformation,” said Anthony Greenberg, executive vice-president of development at JBG SMITH.
“The introduction of new residences, restaurants and shops at 1900 Crystal Drive, combined with our recently delivered retail and entertainment district just about a block away will more than double the concentration of street-facing retail amenities on Crystal Drive,” Greenberg said in a statement. “The thriving, mixed-use environment will allow people to easily walk from their home or office to their favorite restaurants and amenities – cementing National Landing as a destination both day and night.”