St. John Properties is working hard to bring Class ”A” offices to the Greater Baltimore area. In recent weeks, the Baltimore-based commercial real estate company has started work on two projects that will deliver over 360,000 square feet of office space.
St. John Properties, Inc. has announced it’s working with Greenebaum Enterprises on the construction of a four-story, 138,000 square foot Class “A” office building at 8135 Maple Lawn Boulevard. The facility is located within Maple Lawn, a 600-acre mixed-use business community located in Howard County, Maryland. Development of this project includes 388,000 square feet of existing office space, as well as the development rights for more than 800,000 additional square feet of office space.
8135 Maple Lawn Boulevard is expected to be finished in November 2013. Designed to achieve LEED certification, the building will feature a brick and glass exterior, high-energy HVAC units, energy-efficient motion sensor light fixtures, double-pane insulated glass, white TPO roofing membrane, dual-flush toilets and waterless urinals, and low-VOC paint and adhesives. A state-of-the-art system that minimizes the effect on local waterways will be used to manage storm water runoff.
”Continued strong leasing momentum at Maple Lawn has provided us with the confidence to move forward with this new speculative office building,” stated Jerry Wit, senior vice president, marketing for St. John Properties.
St. John Properties also announced on January 23 that it started construction on Annapolis Commons, a 28-acre mixed-use business community in Annapolis. The project will deliver two single-story and three two-story Class “A” speculative buildings with a total of 227,000 square feet of space. Annapolis Commons is located directly off Harry S. Truman Parkway near the intersection of Riva Road, and immediately south of MD Route 50 in Anne Arundel County.
“Our research shows an emerging demand for Class ‘A’ office space within the Annapolis marketplace,” said Wit.
The first phase of the project consists of a two-story 63,000 square foot office building and a single-story 32,000 square foot office building, and it is expected to be finished in the first quarter 2014. All five Annapolis Commons buildings are designed to achieve LEED certification and have the same green features as the building St. John Properties is constructing in Maple Lawn.
Charts courtesy of CBRE.