80 M Street received Best Sustainable Development Award at the Washington Business Journal’s 2022 Best Real Estate Deals ceremony on April 27th. Columbia Property Trust transformed the Capitol Riverfront building into D.C.’s first mass timber office project. Congratulations to all 2022 honorees!
BP America Inc. (NYSE: BP) and Walmart Inc. (NYSE: WMT) have inked leases for space at 80 M St. SE, an office building near Nationals Park recently expanded with mass timber. (*subscription required to read full article)
Columbia Property Trust, Inc. today announced that it has completed an innovative three-floor expansion atop 80 M Street in Washington, D.C.’s Capitol Riverfront district. The 108,000-square-foot overbuild is D.C.’s first commercial office space constructed from environmentally friendly mass timber and is proving to be one of the most attractive office environments in the submarket.Continue reading
Back in 2019, when Columbia Property Trust was mulling how to increase the height of its existing 90-ft, seven-story, concrete-framed office building at 80 M St. SE in Washington, D.C., it chose a mass timber frame over a steel frame for an addition atop the oldest high-rise in the Navy Yard neighborhood. That was a ground-breaking choice. It would mean that the facility would be D.C.’s first mass timber commercial office building.
Mass timber is capable of achieving a total carbon footprint equal to one-third of similarly sized concrete and steel buildings. Plus, research suggests timber-built architecture can boost a person’s morale, productivity and sense of wellness. Meet Jesse Stephens, Senior Director of Project Management at Columbia Property Trust. Jesse is a leader on the first mass timber vertical expansion in Washington D.C., 80M Street.
This film is in partnership with Think Wood, The Wood Products Counsel, and the team at Hickok Cole.
When Columbia Property Trust Inc. wanted to expand an office building in the Navy Yard submarket in Washington, D.C., the REIT was keen to generate excitement for the property and demonstrate its commitment to sustainability. The company turned to one of the world’s oldest building materials—wood—to achieve both.
Globally, the number of new mass timber buildings will double every two years, reaching 24,000 by 2034, according to the 2020 North American Mass Timber report issued by the Forest Business Network. Should this turn out to be true, by 2034, the North American building industry will also store more carbon than it emits.
The use of mass timber in U.S. commercial real estate has been growing rapidly over the past six years, spurred by official recognition of its safety and strength. Corporate leaders have also come under increasing pressure to make environmentally friendly business choices, leading to an uptick in new mass timber developments, which have a lower impact on the environment than using concrete or steel.
Columbia Property Trust has announced the topping off of 80 M Street’s three-floor mass timber vertical expansion. The project will add 105,000 square feet boutique-style space atop Columbia’s existing Capitol Riverfront office building. Once completed in 2022, it will become D.C.’s first commercial offices to rely primarily on mass timber and glass.
Once completed in 2022, it will become D.C.’s first commercial offices to rely primarily on mass timber and glass, as well as the first overbuild in the nation to utilize mass timber as its main design element.