Atlantic Realty Companies Wins NAIOP Award for Plaza America IV.Business Editors/Real Estate Writers VIENNA, Va.--(BUSINESS WIRE)--Nov. 25, 2003 Plaza America IV, a 7-story, Class A office building, which is part of the 1.2 million sq. foot Plaza America mixed-use complex developed by Atlantic Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Companies, received the Spirit of Excellence award for Best Building, Speculative Mid Rise (4-7 stories) at the annual NAIOP NAIOP National Association of Industrial and Office Properties NAIOP National Association of Industrial and Office Parks NAIOP Navigational Aid Inoperative for Parts awards dinner held on Nov. 20th. NAIOP (National Association of Office and Industrial Properties) organizes the annual event to recognize "significant new contributions to Northern Virginia Northern Virginia (NoVA) consists of Arlington, Fairfax, Loudoun, and Prince William counties and the independent cities of Alexandria, Falls Church, Fairfax, Manassas, and Manassas Park. by the commercial and industrial real estate community." Plaza America, which is located in Reston, VA, is an integrated work and entertainment complex with defined zones of retail and office activity, each with its own street entrance and linked by pedestrian A pedestrian is a person travelling on foot, whether walking or running. In modern times, the term mostly refers to someone walking on a road or footpath, but this was not the case historically. History Walking is the primary means of human locomotion. pathways, landscape amenities and shared parking structures. Plaza America IV is one of the project's four office towers, which together define an intimate urban park with a 100' long waterfall waterfall, a sudden unsupported drop in a stream. It is formed when the stream course is interrupted as when a stream passes over a layer of harder rock—often igneous—to an area of softer and therefore more easily eroded rock; the edge of a cliff or and a variety of richly landscaped areas. The adjacent retail area provides abundant dining and shopping opportunities. "Plaza America broke new ground for suburban office projects. The complementary uses available on site, the variety of amenities and the opportunities for individual company identity are qualities that have attracted tenants to Tower IV and made it a success," said David Ross David Ross refers to:
The construction of Plaza America IV posed a variety of challenges for the project team. As the final stage of development on a 27-acre site, the construction area was extremely tight, requiring close coordination for sequencing of deliveries and staging of materials. Continual communication with existing tenants was necessary to limit the amount of disruption disruption /dis·rup·tion/ (dis-rup´shun) a morphologic defect resulting from the extrinsic breakdown of, or interference with, a developmental process. during construction and to maintain safety protocols. In addition to Atlantic Realty Companies, the project team included:
Owner: Plaza Office Realty II, LLC:
Intertech Corporation, New York City
Atlantic Realty Companies, Vienna, VA
Broker: CB Richard Ellis
McLean, VA
Architect: WDG Architecture
Washington, DC
Contractor: Centex Construction Company
Fairfax, VA.
Atlantic Realty Companies (www.arcrealty.com) is one of the ten largest real estate services firms in the Washington, D.C. region with a portfolio of approximately six million square feet valued at more than $750 million. Since its founding in 1992, its has earned numerous awards including Ernst & Young's 2002 Greater Washington Entrepreneur entrepreneur (än'trəprənûr`) [Fr.,=one who undertakes], person who assumes the organization, management, and risks of a business enterprise. of the Year Award in Real/Estate Construction. |
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