Partners and Gensler
Get ready to witness a stunning new addition to your city’s skyline! Rubenstein Partners and Gensler have teamed up for an impressive 9-story project that is set to take the town by storm.
From sleek modern design to state-of-the-art facilities, this development promises to be a game-changer in the real estate industry. However, the project, which is still in the early planning stages, will include a mix of office, retail, and residential space.
The grand project is designed with sustainability and resiliency in mind and will feature a state-of-the-art stormwater management system that can capture and reuse rainwater.
In this blog post, we’ll delve into all you need to know about this exciting upcoming project and why it’s worth watching.
So sit back, relax and get ready for some awe-inspiring insights!
Introducing the new project by Rubenstein Partners and Gensler
The new “One” project is a 1,000-foot-tall office tower in downtown Los Angeles’s heart. The building will have approximately 1.5 million square feet of office space, making it one of the enormous office towers in the city.
Moreover, the project is being developed by Rubenstein Partners and Gensler, two of the most respected names in the commercial real estate industry.
One will feature state-of-the-art amenities and LEED Gold certification. This makes it one of the most sustainable and environmentally friendly office buildings in Los Angeles. Furthermore, the building’s unique design will include a sky lobby and an outdoor terrace on the top floor with sweeping city views.
One will be a transformative addition to downtown Los Angeles and help solidify the area as one of the premier business districts in the country.
What is the project?
This mighty project is the turning point of the real estate industry. With 9-story elegant attire, it comes to bringing the residents the primary residential and commercial accommodation. Furthermore, the best point is that both facilities are provided in the same place.
Yes, You heard it right!
The new mixed-use development in downtown Los Angeles will include residential, office, hotel, and retail space. The building will be approximately 1.3 million square feet and rise to 36 stories. Construction is expected to begin in early 2018 and be completed in 2020.
What is the cost of the project?
Undeniably, it is one of the grandest projects to date. It is a huge turning point for the real estate market. Furthermore, the utilities, equipment, architectural design, facilities, etc., are all top-notch. No such compromise has been made on anything.
Therefore, it is only suitable for the project cost to be as high as $1.5 billion.
It seems high, but it wouldn’t once you look at the project.
The design of the project
Gensler, a world-renowned architecture and design firm, will design the new project. The building will be approximately 1.3 million square feet with a mix of office, retail, and residential space. The goal is to create a vibrant, mixed-use destination that will catalyse the transformation of downtown Bethesda into a more lively and urban place.
Renderings show a sleek, modern glassy structure with ground-floor retail space and offices above. The project’s residential portion will be on the top floors, offering stunning views of the surrounding area. There will also be an outdoor amenity deck for residents to enjoy.
The project is still in the early stages of design, but it is clear that Rubenstein Partners and Gensler are committed to creating a transformative project to revitalise downtown Bethesda.
Who are the developers?
Everyone knows about the infamous Rubenstein Partners and Gensler. Partner and Gensler’s commendable work is always admirable. Hence, it wouldn’t be a surprise for this to turn as great as others, especially with developers as renowned as them.
Rubenstein Partners is a national real estate investment and management firm. Gensler is an award-winning global design firm. They are teaming up to develop a new mixed-use project in town.
The project will include office space, retail space, residential units, and a hotel. It is located at the site of the former Washington Post building.
Furthermore, the developers commit to creating a dynamic, mixed-use destination that will stimulate economic growth in the area. They are working closely with the community to ensure that the project meets the needs of residents and businesses.
Who are the architects?
The design team for the new project is a collaboration between Rubenstein Partners and Gensler. Rubenstein Partners is a real estate investment and management firm based in New York City.
Gensler is an architecture, design, and planning firm with offices worldwide.
However, both firms have extensive experience designing and developing large-scale mixed-use projects. Moreover, the team has worked together on several previous projects, including redeveloping Times Square in New York City.
The new project will be located at the corner of Main Street and Market Street in downtown Hartford, Connecticut. It will replace an existing parking garage and surface parking lot.
The site is adjacent to several other major development projects, including the Hartford 21 apartment tower and the Front Street Entertainment District.
Furthermore, the project will include a 20-story office tower and a 30-story residential tower. The office tower will consist of retail space on the ground floor.
In contrast, the residential building will have rental apartments and condominiums. There will also be a six-story parking garage with room for 1,200 vehicles.
The project is still in the early stages of development, and no renderings have been released yet.
However, the team has released a few details about their vision for the project. They hope to create a “vibrant 24/7 destination” that will be a “key catalyst” in the ongoing revitalisation of downtown Hartford.
What are the features of the project?
The project will include 975,000 square feet of office space, a 185-room hotel, 200 residential units, and retail space.
What the project will include
The new project will include a 1.3 million-square-foot, state-of-the-art office building that will be the new headquarters for the international law firm DLA Piper.
Furthermore, the corner of 12th and Market Streets in downtown Philadelphia will host the building, and the completion date is anticipated to be in 2019. Moreover, the project will include a 750-space parking garage, ground-floor retail space, and a public plaza.
What the project will bring to the town
The new project will bring 1,200 jobs to the town and generate $300 million in economic activity. It will also create a new downtown destination with shops, restaurants, and entertainment.
How many people will the project employ
- Firstly, the project will employ approximately 2,000 people.
2. Secondly, the project generates $1.5 billion in economic activity and creates more than 12,000 jobs.
3. Lastly, the project will significantly impact the local community, including creating new jobs and businesses. This might also revive the community.
The impact of the project on the local economy
The new project will bring much-needed jobs and investment to the local economy. The project will also create over 1,000 new jobs during construction and operations. Once completed, it is estimated to generate millions of dollars in annual tax revenue for the city and county.
Moreover, the project will also help to attract other businesses and investments to the area.
How the project will benefit the community
Additionally, the new project will benefit the community, including jobs, updated infrastructure, and increased tax revenue. The project will also offer construction jobs during the build-out phase and permanent jobs after completion. Furthermore, the updated infrastructure will include new sidewalks, streetlights, and landscaping. Moreover, the increased tax revenue will benefit the local economy and help to fund other community projects.
In conclusion, Rubenstein Partners and Gensler’s new 9-story project is exciting for Philadelphia. The project promises to deliver a rich experience that will benefit local businesses and community members. Moreover, with its unique design, modern amenities, and eco-friendly features, the project has something to offer everyone in the city.
Hence, we can’t wait to see how this ambitious development transforms one of Philadelphia’s neighbourhoods into a thriving destination for work, play, and relaxation!