1090 Vermont Avenue NW is a high-risemodernistoffice building in Washington, D.C., which is tied with the Renaissance Washington DC Hotel as the fourth-tallest commercial building in the city (as of January 2010[update]). The building is 187 feet (57 metres) high and has 12 floors.[3] It contained about 160,000 square feet (15,000 square metres) of space when it first opened,[4] but only 150,000 square feet (14,000 square metres) by 1998.[5] Internal build-outs increased the interior space to 187,000 square feet (17,400 square metres) by 2006.[2]
Several small buildings and a surface parking lot originally occupied the 14,927-square foot (1,388 square metre) site.[6] The John Akridge Companies acquired the location in January 1979 for about $200 a square foot.[6] The buildings and parking lot were razed, and construction began in the spring of 1979.[6]
The John Akridge Companies designed and built the structure.[3][7][8] The building was jointly financed by Akridge and Mitsui Fudosan America, the United States branch of the giant Japanese real estate firm Mitsui Fudosan.[2]
The building was largely completed in 1979.[9] Although still under construction in April 1980, 90 percent of the building's space had already been leased.[10] It had not yet been completed by May 1980,[1] but internal construction ended later that year.[2] The building has been described as "perfectly bland".[11]
The building was one of five new structures built in the late 1970s which helped rejuvenate Vermont Avenue NW.[4] Construction of the buildings marked the first time since the early 1970s that construction of new office buildings moved east of 15th Street NW rather than west.[4] For many years in the 1980s, the building was managed by JMB Realty.[12]
The building lobby, common areas, and elevators were upgraded in 1995.[2] In 1998, The John Akridge Companies obtained a $21 million loan from HypoVereinsbank, a Germaninvestment bank, and used the cash to refinance its stake in the building.[5] The cost averaged out to about $140 per square foot (0.093 square metres).[5] Mitsui Fudosan America bought Akridge's stake in 1090 Vermont Avenue NW for $57 million in April 2007.[13]
A 30-foot (9.1-metre) tall steel geometric sculpture titled "Sky Landscape" by sculptor Louise Berliawsky Nevelson stands across the street.[14] The $640,000 piece of art was dedicated in March 1983.[14]
1090, vermont, avenue, high, rise, modernist, office, building, washington, which, tied, with, renaissance, washington, hotel, fourth, tallest, commercial, building, city, january, 2010, update, building, feet, metres, high, floors, contained, about, square, f. 1090 Vermont Avenue NW is a high rise modernist office building in Washington D C which is tied with the Renaissance Washington DC Hotel as the fourth tallest commercial building in the city as of January 2010 update The building is 187 feet 57 metres high and has 12 floors 3 It contained about 160 000 square feet 15 000 square metres of space when it first opened 4 but only 150 000 square feet 14 000 square metres by 1998 5 Internal build outs increased the interior space to 187 000 square feet 17 400 square metres by 2006 2 1090 Vermont AvenueGeneral informationTypeOfficeLocation1090 Vermont Avenue NWWashington D C U S Completed1980 1 2 Technical detailsFloor count12Design and constructionArchitect s The John Akridge CompaniesDeveloperThe John Akridge Companies Several small buildings and a surface parking lot originally occupied the 14 927 square foot 1 388 square metre site 6 The John Akridge Companies acquired the location in January 1979 for about 200 a square foot 6 The buildings and parking lot were razed and construction began in the spring of 1979 6 The John Akridge Companies designed and built the structure 3 7 8 The building was jointly financed by Akridge and Mitsui Fudosan America the United States branch of the giant Japanese real estate firm Mitsui Fudosan 2 The building was largely completed in 1979 9 Although still under construction in April 1980 90 percent of the building s space had already been leased 10 It had not yet been completed by May 1980 1 but internal construction ended later that year 2 The building has been described as perfectly bland 11 The building was one of five new structures built in the late 1970s which helped rejuvenate Vermont Avenue NW 4 Construction of the buildings marked the first time since the early 1970s that construction of new office buildings moved east of 15th Street NW rather than west 4 For many years in the 1980s the building was managed by JMB Realty 12 The building lobby common areas and elevators were upgraded in 1995 2 In 1998 The John Akridge Companies obtained a 21 million loan from HypoVereinsbank a German investment bank and used the cash to refinance its stake in the building 5 The cost averaged out to about 140 per square foot 0 093 square metres 5 Mitsui Fudosan America bought Akridge s stake in 1090 Vermont Avenue NW for 57 million in April 2007 13 A 30 foot 9 1 metre tall steel geometric sculpture titled Sky Landscape by sculptor Louise Berliawsky Nevelson stands across the street 14 The 640 000 piece of art was dedicated in March 1983 14 See also editList of tallest buildings in Washington D C References edit a b Real Estate Notes Washington Post May 31 1980 a b c d e Adler Neil Berman Lease Means D C Building Is Full Washington Business Journal October 25 2006 a b Knight Jerry M St Luxury Hotel Planned Washington Post November 17 1979 a b c Willmann John B New Lease on Life in NW Washington Post October 6 1980 a b c Cleary Mike New High Tech High Rise Will Set Rosslyn s Profile Soaring The Washington Times December 7 1998 a b c Willmann John B Short Takes on Realty Washington Post January 20 1979 1090 Vermont Avenue Emporis com Retrieved 2008 07 04 dead link 1090 Vermont Avenue Skyscraperpage com Retrieved 2008 07 04 Schwinn Beth 1225 I St Is Completed Washington Post December 8 1986 Willmann John B Office Demand Continuing Washington Post April 12 1980 Yao Laura Sticking Together on Vermont Ave Washington Post July 9 2008 Vise David A Chicago Developer Pushing the Right Buttons Washington Post December 14 1989 Ramstack Tom Akridge Upgrades East End Property The Washington Times April 26 2007 a b Radcliffe Donnie The AMA Honors Sculptor Louise Nevelson Washington Post March 11 1983 External links edit1090 Vermont Ave Web site 1090 Vermont Avenue at Mitsui Fudosan America 38 54 12 N 77 02 01 W 38 90333 N 77 03361 W 38 90333 77 03361 Retrieved from https en wikipedia org w index php title 1090 Vermont Avenue amp oldid 1145455654, wikipedia, wiki, book, books, library,
