Federal Realty Investment Trust, has topped out Pike & Rose mixed-use development in North Bethesda on 915 Meeting Street. Following completion, the 16-story structure will have 250,000 square feet of office space, 545 parking spots, and 6,000 square feet of ground-floor retail space.
For its new corporate headquarters, Choice Hotels International Inc. negotiated a lease last year to occupy roughly half of the office tower. Another well-known tenant at 915 Meeting Street is Sodexo, a Paris-based provider of culinary services and facilities management.
Also Read:Â Construction loan secured for Lakeshore Manor in East Chicago, Indiana
The development team is led by general contractor Clark Construction Group and design firm Gensler. They aim to achieve LEED Gold certification for the tower. The construction of 915 Meeting Street began in December of last year.
Now that the vertical construction is finished, the company’s attention is on finalizing the interior fit-outs. Furthermore, they are adding the finishing touches to the glass curtainwall façade. It will have a design utilizing metal and concrete panels. At 915 Meeting Street, there will be premium offices as well as a rooftop conference center, social rooms, and a gym.
The project will be finished in the third quarter of 2023, according to the design-build team.
More on the Federal Realty Pike & Rose project
In North Bethesda, which is located about 11 miles north of Washington, D.C., Pike & Rose covers 24 acres. The mixed-use building has 50 retailers, 177 rooms of Canopy by Hilton hotel, offices, 765 apartments, and a tower with 99 luxury condominiums.
REI, Sephora, L.L. Bean, Porsche, iPic Theaters, Fogo de Chao, and Pinstripes are a few of the notable tenants at Pike & Rose. “Our newest trophy building for sale is at 915 Meeting Street. A building that is 60% complete is the product of our collaboration with our colleagues at Clark and Gensler, said Jay Brinson, Federal Realty’s vice president of development.