Investing in Office – Repositioning 2011 Crystal Drive

June 28, 2024

SK&A is delighted to take part in JBG Smith’s $40 million transformation of the 11-story, 445,000-square-foot office building at 2011 Crystal Drive in National Landing. This substantial investment was recently featured in a Bisnow article titled, “JBG Smith Launches $40M Office Repositioning To Capture ‘A Bigger Piece Of A Shrinking Pie’.”

Despite the ongoing challenges in the office space market since 2020, JBG Smith is strategically investing in this building. JBG’s Chief Strategy Officer, Evan Regan-Levine, explains their approach: “Tenants are going to shrink, so let’s be the building that’s the easiest possible place for them to shrink into” (Banister, 2024).

After a thorough portfolio evaluation, JBG Smith identified 2011 Crystal Drive as a prime candidate for upgrades due to its strategic location. The building is adjacent to future transportation hubs, including a Crystal City Metro entrance, Amtrak and VRE stations, and a pedestrian bridge to Ronald Reagan National Airport, all set to open within the next four years (Banister, 2024).

The planned improvements include a new entryway and lobby, on-demand conference spaces, and a publicly accessible first-floor “grab-and-go” market, coffee shop, and cocktail and wine bar (Banister, 2024).

SK&A’s Structural Engineering and Repair + Restoration teams are actively involved in this comprehensive renovation. Key structural design elements include:

  • A new 2-story retail storefront
  • A new feature staircase in the lobby
  • Removal of existing columns within the lecture hall space
  • Enlargement of the existing atrium opening
  • Slab openings for interconnecting stairs
  • New slabs for amenity social spaces and landscaped terraces

This repositioning project aims to create a dynamic and attractive environment for current and future tenants, positioning 2011 Crystal Drive as a premier office destination in National Landing.

Source: Banister, Jon. (2024, June 18). “JBG Smith Launches $40M Office Repositioning To Capture ‘A Bigger Piece Of A Shrinking Pie’” Bisnow.

Images: Screenshots from Bisnow.