LOWE TO BUILD 704,571 SF HEADQUARTERS FOR NATIONAL SCIENCE FOUNDATION

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ALEXANDRIA, VA. — Lowe Enterprises will develop a new 704,571-square-foot headquarters building for the National Science Foundation (NSF) in the Washington, D.C. suburb of Alexandria. USAA Real Estate Co., which owns the two-acre site on which the headquarters will be built, purchased the land from Hoffman Co. LLC and named Lowe Enterprises as project developer.

The NSF will occupy 94 percent of the Class A office property upon completion of the project in late 2016. The headquarters building is pre-leased to the General Services Administration on behalf of the NSF for a term of 15 years.

The NSF headquarters building will consist of two interconnected towers, 19 stories and 14 stories, with dual cores off a main entrance lobby at grade level; 19,437 square feet of retail space; and 375 parking spaces on three subterranean levels. The new building will be part of Hoffman Town Center’s master planned development in the Alexandria neighborhood of Carlyle.

Lowe Enterprises will assume building management responsibilities once the building is constructed. Architect WDG has been selected to design the project. Balfour Beatty will serve as the general contractor.

“We are thrilled to be working on this signature project and furthering our relationship with USAA,” says Mark Rivers, managing director of Los Angeles-based Lowe Enterprises Real Estate Group. “The Carlyle area in Alexandria is emerging as an ideal location for commercial users in the Washington region, and is a dynamic, urban community that offers a modern lifestyle for the people that live and work there.”

The new headquarters will be located directly across from the Eisenhower Avenue Metro Station. The building will be five miles from Reagan National Airport and within three blocks of the U.S. Patent and Trademark Office campus and the U.S. Federal District Courthouse.

USAA will seek LEED Silver Commercial Interiors Certification for the building. In addition, the site will be designed to achieve Energy Star status within 18 months of occupancy.

The National Science Foundation is currently headquartered in the Ballston area of North Arlington at 4201 Wilson Blvd.

San Antonio, Texas-based USAA Real Estate Co. provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors.

— Danielle Everson

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