Boston-based real estate investment trust BXP has unveiled the design for a new 10-story office building planned for Washington, D.C. The project marks a significant addition to the company’s portfolio and reflects ongoing development activity by Massachusetts-based firms in the nation’s capital.

According to recent reports, BXP is seeking relief from local zoning requirements related to building height and penthouse setbacks for the proposed development. These variances would allow the company to move forward with its vision for the site, pending approval from the relevant municipal authorities.

The building is expected to rise to 10 stories, positioning it as a notable commercial property within the D.C. office market. The project underscores BXP’s continued commitment to expanding its presence beyond the Boston region, leveraging its expertise in large-scale office developments.

BXP’s request for zoning relief is a common step in the development process for urban projects of this scale. The outcome of this request will determine the final design and potential timeline for construction.

The company has not released additional details regarding the project’s timeline or prospective tenants. Further updates are expected as the project advances through the local approval process.

Source: Read the full report at the original publication

Leave a Reply