Arlington, Texas 2021-01-14 16:30:47 –
The second of the two residential towers at the Pentagon Center in Pentagon City is 15th Street S. And S. Hayes Street.
This past spring, work began on Milton, an 11-story building with 253 residential units and a 15,541-square-foot first-floor retail store. This follows the 26-story 440-unit residential tower, which opened in July 2019 and has a 7,000-square-foot first-floor retail store called The Witmer (710 12th Street S.).
Jeffrey Glazer, senior vice president of national development for shopping center owner Kim Colialty, said Milton is expected to be completed in 2023.
The county committee approved the building in 2015 as part of Kymco’s three-stage, 30-year development of the Pentagon Center. Phase 1 began with a parking lot near Costco. Staff reports that the project also includes 9,000 square feet of open space.
Construction workers relocated the utility line of the new building from spring to autumn, and the project is still on schedule, Glazer said. Currently, they are doing preliminary foundation work and will eventually start digging.
“We are very close to where we were [supposed to be] When we started the project, “he said. “We overcame most of the pandemic and all on-site construction continued to move forward.”
He does not anticipate construction that will disrupt shopping at Costco, Nordstrom Rack, or Marshall.
“All our existing parking and field access will be open and operational,” he said. “There are additional signs to clarify how people move around.”
In a later phase, scheduled for about 20 years, large store leasing will begin, paving the way for public open spaces and new developments.
“It’s there,” Glazer said. “Everyone’s lease has more time.”
Meanwhile, the Chick-fil-A and Chase Bank branches will join the second outpost of Wise Guy Pizza in Arlington and move to the ground floor of Whitmer. The local DC pizza chain opened the Pentagon location in June.
Ultimately, as it is currently configured, the site has 346,000 sq ft of retail stores, 705,000 sq ft of office space, and a 200-room hotel. In the case of a residential building, the total area of the project will be about 2 million square feet, according to Kimco.
Construction Underway for Second of Two Residential Towers at Pentagon Centre Source link Construction Underway for Second of Two Residential Towers at Pentagon Centre