Akridge Celebrates Groundbreaking at 1701 Rhode Island

(Washington, DC)” A number of corporate executives and District officials gathered at 1701 Rhode Island to celebrate its start of construction. They broke ground just inside the 1978 structure. Akridge and its partner, Alcion Ventures, L.P., will redevelop it into a contemporary, 102,000-square-foot property. The new property will deliver in the third quarter of 2018 and will boast ample natural light and a full host of amenities. Mayor Muriel Bowser, DC Councilmember Jack Evans, and Akridge President and CEO Matt Klein all spoke at the event.


Akridge to Transform YMCA Building into Trophy Office Building

(Washington, DC)” Akridge announced its acquisition of the former YMCA National Capital building at 1711 Rhode Island Avenue, NW. Akridge and its partner, Alcion Ventures, L.P., will transform the property into a 100,000-square-foot boutique office building. The property, located at the corner of Seventeenth Street and Rhode Island Avenue, will be renamed 1701 Rhode Island. Ideally situated at the confluence of the Central Business District and DC's popular Fourteenth Street and Dupont Circle neighborhoods, 1701 Rhode Island will offer Clients easy access to dozens of restaurants and retailers, as well as multiple transportation options.