Carr Properties Breaks Ground on $135M DC Project
Signal House, a Gensler-designed trophy building, will target creative office tenants in the historic Union Market neighborhood, which is in the midst of a revitalization.
Carr Properties recently broke ground on Signal House, a trophy office development in Washington, D.C. The speculative project will add a new creative office option to the historic Union Market neighborhood, which is in the midst of a revitalization.
Carr has tapped Avison Young to handle leasing at Signal House. The office building is on schedule to come online in the first quarter of 2021. Signal House will take shape at 350 Morse St. SE, a site Carr acquired from Douglas Development in early 2018. Designed by architectural firm Gensler, the building will feature a host of amenities. In addition to 12,500 square feet of premium retail offerings, the 10-story tower will encompass a fitness facility, 10,000 square feet of private terraces, as well as such unique extras as a rooftop DJ booth, karaoke room and demonstration kitchen.
Tenant bait
Carr is going above and beyond to provide a highly amenitized, creative office environment in a trophy setting at Signal House, and research indicates that the end result could prove a strong magnet for businesses seeking to attract and retain top talent. In its 2019 U.S. workplace survey, Gensler notes that what employees want from their workplace is a great experience and that the right space can create a win-win situation for employee and employer.
The project will cost approximately $135 million to complete, according to the Washington DC Economic Partnership’s 2018/2019 development report.
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