Oooh, bad timing.
This week’s Washington Business Journal features a front page story about the struggles of Two Constitution Square, future home to the Department of Justice and the expected “turning point” for NoMa, “a formerly blighted area” that “leaders envision as a lively new federal enclave,” according to the piece.
Next to the front page headline there is an image of your standard glassy, boxy, new D.C. office complex. This is Two Constitution Square. The Journal’s story is not a happy one. The developers, StonebridgeCarras LLC and Walton Street Capital LLC, which have broken ground on the 1.6 million square foot project, are struggling to line up more financing. Could NoMa’s fabulous emergence into successful urban-dom be delayed?
So, that’s no good. Unfortunately, on the preceding page and a few pages down, developer Tishman Speyer is advertising leasing opportunities in its own NoMa project—-also in the standard, glassy, boxy, new D.C. style of architecture—-located at 1100 and 1150 First Street. “An exemplary address in a highly anticipated neighborhood,” states the second advertisement, adding “this emerging community’s array of shops, dining options and entertainment makes this office space an unquestionable must-see.” It also describes NoMa as “imminently one of DC’s hottest locations.”
Maybe not so imminent, after all.
Renderings: top, Two Constitution Square; bottom, 1100 and 1150 First Street