JBG Smith Sees Route 1 As Next R-B Corridor (Bisnow)
August 10, 2017
Traveling along Route 1 from Arlington to Alexandria, the difference is night and day.
On one side is Crystal City, where the streets are lined with tall, aging office buildings that keep the sidewalks filled with people during the weekday. Across the bridge in Potomac Yard, Regal Cinemas and several big-box retailers bring plenty of evening and weekend traffic, but the office market is sparse.
Following the merger of JBG and Vornado’s D.C. operations, the future of both neighborhoods is now controlled by one developer. JBG Smith has plans to transform them into 24/7 environments and envisions creating a vibrant stretch along Route 1 that would resemble Northern Virginia’s original urban corridor. “I think it will start to feel more like the R-B Corridor, where you can walk from Rosslyn to Courthouse to Clarendon to Virginia Square to Ballston,” JBG Smith Senior Vice President Matt Ginivan said. “We would love to see the same thing from Pentagon City to Crystal City to Potomac Yard to North Old Town.”