Central District Retail Phase I Site Plan #90 SPRC 1 October 26, 2017
Central DistrictRetail Phase ISite Plan #90
SPRC 1October 26, 2017
Agenda
• Introduction to JBG Smith and the Design Team
• Community Feedback and Project Timeline
• JBG Smith Vision Process
• Existing Conditions Overview
• Project Overview
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Introduction
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12.4M Commercial SF +4,232 Multifamily Units
Operating Portfolio
565K Commercial SF +464 Multifamily Units
Near-Term Development Pipeline
6.3M Commercial SF +12.0M Multifamily SFFuture Development Pipeline
700K Commercial SF +985 Multifamily Units
Under Construction
The BartlettArlington, VA
Central PlaceArlington, VA
Rendering
+FOUNDED 1946 FOUNDED 1960
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Crystal City, Pentagon City, and the Future of JBG Smith
The Tower at PNC PlazaPittsburgh
25 KentBrooklyn, New York
Myriad Botanic GardensOklahoma City
Myriad Botanic GardensOklahoma City
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Community Feedback & Project Timeline
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Grand Opening
Winter 2017-Summer 2017
Summer 2017 – Present
July 18, 2017JBG Smith Merger
October 2017 –Spring 2018
Present – Spring 2020
Spring 2020
ARCA, CCCRC, CCCA, AHCA, Friends of AH Parks
Public Outreach Internal Planning Public Approval Process Completion of Design & Construction Grand Opening
• Specialty Theater• No More Beige• Grocer• New Metro Entrance• Hardware Store• More Greenspace• Architectural Setbacks• Better Sidewalk Experience• Better Wayfinding
GOAL: Create Long Term Sustained Growth Through Great Amenitized, Neighborhoods
Examples of Great Neighborhoods:Grammercy Park, New York | Shaw, D.C. | 14th Street, D.C. | Bethesda, Maryland | Beacon Hill, Boston | Pearl, Portland
Consistent Characteristics of Great Neighborhoods
Public Space, Landscape & Scale
Diversity of Offerings
Strategic Anchors & Well Merchandised Amenities
Sense of Community
• Human scale space/ seating
• Diversity of types of spaces and programming
• Connections to nature (shade/greenery)
• Flexible spaces that can accommodate intimate and large programming
• Exterior experience as an extension of the brand and “place”
• Balance of residential, office and hotel
• Diversified product within uses
• Serve resi/office population while attracting from outside market with experiential/destination retail
• Define the heart of the community
• Authentic and curated offerings
• Pedestrian access to multi-modal
• Great sidewalk systems and design
• Connectivity to/across Route 1
• Friendly wayfinding for all users
• Safe
• Socialization and activation of place
• Identity of place and brand
• Pride and ownership from all stakeholders
Transportation & Walkability
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Anchor and Merchandising Strategy:Serve the Needs of the Immediate Population
Merchandising Goals:
• Improve quality of life in the community
• Achieve great walkability score
• Provide mix of uses which will allow smart growth principles of less car driven economy
• Fill retail voids
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Key Retail Categories
• Entertainment: Cinemas, Theaters, and Live Music Venue (choose good brands and special build outs)
• Everyday Needs: Grocery, Gym, Boutique Fitness, and Service Retail
• Dining: Mix of full-service (biggest void) and fast casual options to provide 7 day/week, 3 meal/day, indoor/outdoor dining
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Atlantic Plumbing, DC
The Shay, DC The Shay, DC
Central Place. Rosslyn, VA
Placemaking: Helping to Sustain Economic Growth
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Existing Conditions
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12Thursday, October 26, 2017
1550 Crystal Drive
241 18th St.
251 18th St.
1515 Jefferson Davis Hwy
Proposed
Waterpark
Existing Conditions
Existing Conditions: Square Blocks
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1 2
4
1
234
3
1550 ground floor on 15th St.: future grocer
1550 lobby and future grocer
1550 ground floor on Crystal Drive.: future grocer
Existing Crystal Drive sidewalk: future in-line retail
Existing Conditions: Square Blocks
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5 6
7 85
67
8
Existing parking entry: future theater Existing 1770 vacant office building
Corner of Crystal Drive & 15th St.: future metro plaza Future 18th St. park & metro plaza
Existing Conditions: Square Blocks
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Existing 241 18th St. parking: future park Existing 241 18th St. parking: future park
18th St. grade change: future park Existing 18th St. garage entry: future corner building & park
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Repurpose Existing Infrastructure and Fill the Gaps
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DIVERSITY OF OFFERINGS
PUBLIC SPACE WITH HUMAN SCALE
WALKABILITY WITH TRANSIT ACCESS
PROGRAMMING AND ACTIVATION
STRATEGIC ANCHORS AND AMENITIES
Alignment with Sector Plan
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Sector Plan Recommendation Project Benefits
“Increase the amount of high-quality, accessible and ‘usable’ public open space in Crystal City” (p. 26)
Project converts parking loop road to over 40,000 SF of open space
“Encourage a diverse mix of retail spaces, including grocery stores” (p. 26) Project converts underutilized concrete infrastructure into space for future boutique grocer
“Provide varied cultural and civic facilities and uses (such as theaters)” (p. 26) Project includes delivery of 9 screen Alamo Drafthouse Theater that shows first run and art house films as well as dining, entertainment, and event space hosting
“Establish additional access points to the Crystal City Metro Station in the vicinity of the Crystal Drive and 18th Street intersection” (p. 29)
Project includes new Metro entrance at 18th Street & Crystal Drive and a new Public Metro Plaza
Thank YouFrom Our Team
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courb.co/crystal
Please visit the project’s online community engagement platform:
Certain statements contained herein constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are not guarantees of future performance. They represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Our future results, financial condition and business may differ materially from those expressed in these forward-looking statements. You can find many of these statements by looking for words such as “approximates,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “would,” “may” or other similar expressions. Many of the factors that will determine the outcome of these and our other forward-looking statements are beyond our ability to control or predict. For further discussion of factors that could materially affect the outcome of our forward-looking statements, see “Risk Factors” in the final Information Statement in our Current Report on Form 8-K filed with the SEC on June 27, 2017. You are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date hereof. We do not undertake any obligation to publicly update or revise any forward-looking statements to reflect events or circumstances, whether as a result of future events, new information or otherwise.
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