Giorgio Furioso plans to begin construction on his 14th Street office project on December 10th, the developer announced this morning. The 42,000 s.f. office building will take the place of the empty lot at 1525 14th Street, NW, wrapped around the adjacent building Furioso already owns that holds Posto. The Logan Circle-based Furioso Development has worked for years on the development, known now as 1525 Fourteen, but after weighing various options for the site concluded that the underserved office market was the most viable for the site.
Furioso told DCMud he sees the future building as an anchor of 24/7 neighborhood activity, bringing more feet to 14th Street during day to balance the throngs that populate the nighttime hotspot.
Furioso said several office tenants are already lined up, but no announcements have been made yet on the 3,600 square feet of street-level retail. The project was nearly ready for construction this summer, with only "last minute" issues hindering construction. The design for the six-story LEED gold building, which includes a green roof, geothermal heating, and solar panels, is by architecture firm Eric Colbert and Associates. Two underground floors include 28-small-car parking spaces, accessible by car elevator, and a charging station for hybrids. The building also includes a bicycle room complete with showers.
Washington D.C. real estate development news
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