$95M Trophy Office Property Debuts in Washington, D.C.

Development of Capitol View, a new 317,000-square-foot trophy office building in Washington, D.C., has recently reached completion. Clark Construction Group L.L.C. was behind the construction of the Class A property, which is owned by Square 537 Associates. Carrying the address of 425 3rd St., SW, Capitol View sits sit in just south of the U.S. Capitol. In addition to the office space, Capitol View also features approximately 24,000 square feet of street-level retail, as well a three-level underground parking facility. The architectural firm of Shalom Baranes Associates designed the 12-story structure, the construction of which Clark kicked off less than two years ago. Square 537 Associates is targeting private businesses such as associations, law firms and government contractors as possible Capitol View tenants. Headquartered in Bethesda, Md., Clark is one of the largest construction services providers in the country, boasting over $2 billion in annual revenue.