in February 2020 to lease its Jackson Graham Building headquarters across from Capital One Arena to a development company that plans to renovate the 48-year-old building into a commercial and retail center.Stonebridge, a regional development group, and Rockefeller Group, which has built office buildings in New York, D.C. and Tysons, are planning to add three floors, transform the facade and turn the building’s entrances into walkways that lead to retail stores on the ground floor.
Metro projects the move will save $130 million over 20 years, consolidating its office workforce that is currently spread out in multiple locations. Two other new Metro buildings are under construction in Maryland and Virginia, which Wiedefeld said should open in the next year.“Employees will be moved in phases into the tremendous new headquarters building beginning in the next few weeks,” Wiedefeld said.
Wiedefeld said the headquarters will include a retail space and office floors it will rent out, providing the transit agency with additional revenue. “In addition to providing a safe and modern experience, the new headquarters building at L’Enfant Plaza will also help advance recent revitalization efforts in the Southwest Waterfront area,” he said.