Grosvenor Americas (Grosvenor) announced today that [solidcore] will be opening its newest location at its F1RST mixed-use residential community in Washington, D.C.’s Capitol Riverfront neighborhood.
“[solidcore] has been looking to move to the Capitol Riverfront because of its strong demographic,” said Anne Mahlum, founder, owner and CEO of [solidcore]. “As a locally owned fitness studio, we seek in the opportunity to contribute to the lifestyle balance, that is integral to the developing neighborhoods of the District. The F1RST development has been a leader in the enrichment of the Capitol Riverfront area, and their dedication to adding value to this neighborhood made signing this lease even more attractive.”
[solidcore] signed a lease for a more than 2,100-square-foot studio located at 1237 First St. SE and plans to open in the fall of 2017. This new location will be the studio’s sixth in the district, and it’s first in Southeast.
“[solidcore] will be a tremendous asset to the F1RST community,” said Jon Carr, senior vice president of development for Grosvenor’s D.C. office. “Our intention in developing F1RST has always been to supply our residents and neighbors with a wide array of amenities and retail options. As a result of that mission, we now have a diverse ground floor with tenants who each offer something unique to the community. The addition of [solidcore] and their distinct workout rounds out this group nicely and we’re proud to offer the Capitol Riverfront neighborhood the opportunity to take advantage of this fitness experience.”
F1RST residents began moving in on April 1, and leasing is ongoing. The grand opening celebration will be taking place on April 28th, coinciding with the National’s home game against the Mets.
Grosvenor was represented in the transaction by Rory Cameron of McCaffery Brokerage, LLC.
F1RST offers 325 rental apartments, of which 50 are offered at below market rental rates. Amenities at the 450,000-square-foot mixed-used development include a rooftop pool and hot tub, full-service concierge staff and a 2,300-square-foot fitness center. The District’s first-ever stadium-seating view into Nationals Park will be experienced from F1RST’s rooftop. Designed to LEED Silver, nearly 87 percent of construction waste for the residential portion of F1RST will be diverted from the local landfill to recycling facilities. The development also includes a 170-room Residence Inn by Marriott and over 24,000 square feet of retail space.
F1RST is less than a quarter of a mile from the Anacostia Riverwalk Trail, a block from Navy Yard Metro Station, a mile from Capitol Hill and minutes away from The Yards. The project was designed by Hickok Cole Architects and co-developed by McCaffery Interests, who also provide construction, leasing and property management for the project. Bethesda-based Clark Enterprises is an equity partner in both the residential and retail components.
For more information contact:
Gabrielle Nadel, Senior Account Executive
Chase Communications, a LEVICK company
+1 202 740 5545
Patti Glass, Director of Corporate Marketing & Communications
+1 604 640 3535
Notes to Editors
Grosvenor, one of the world’s largest private international property groups, works in some of most dynamic cities around the globe. We are guided by our ‘Living cities’ philosophy; we strive to create, manage and invest in properties and places that contribute to the enduring success of the cities in which we work.
With 300 years’ experience as steward of our London estate, we believe we can help cities grow and evolve in ways that are socially, economically and environmentally sustainable. We aim to make a long term contribution to these cities’ future success by using creative design, high quality building materials and innovative environmental solutions in our development projects, and through intelligent management of our property assets. In doing so, we strive to create places in which people will want to live, work and enjoy their free time.
By taking a long term approach, we are able to combine our global expertise with local knowledge and cultural understanding. We want our projects to reflect the spirit of the individual city and to foster thriving communities. We work closely with local communities, businesses and civic authorities, and with our partners, consultants and other developers to achieve this.
Today we have 17 offices in 11 countries and assets in 17 countries. We have regional investment and development businesses in Britain & Ireland, the Americas and Asia Pacific, and will soon launch a fourth, Grosvenor Europe, on 1 July 2016. We also have indirect investments, managed centrally. As at 31 December 2015, the Group had total assets under management of £13.1bn.
Unusually for a private company, Grosvenor publishes a detailed reporting suite - Annual Review, Financial Statements and a Non-Financial Data Report – all available at: www.grosvenor.com @GrosvenorGRP
Grosvenor Americas aims to become a market leader in select geographical areas and sectors in Canada and the USA through focused, strategic expansion. Grosvenor Americas uses their knowledge of the cities they work in and their property skills to develop projects that contribute to the vibrancy and attractiveness of those communities. With particular interest in retail, residential condominiums and apartments, and mixed-use sectors, the Company currently operates in Washington, D.C., Seattle, San Francisco, Los Angeles, Vancouver and Calgary. As at 31 December 2015, Grosvenor Americas had assets under management of C$4.5bn. www.grosvenor.com @GrosvenorAmer
McCaffery Interests, Inc., is a privately owned, full-service commercial real estate company that has been in the business of investing, developing, leasing and managing real estate for 25 years. The McCaffery Interests portfolio of planned, completed and managed projects exceeds 20 million square feet and includes office, mixed-use, hotel, and residential properties, as well as large, master-planned communities and land developments. With offices in Chicago, Washington, DC, and Pittsburgh, and controlled assets and completed developments valued in excess of $2 billion, McCaffery Interests is one of the most trusted real estate companies in the nation. For more information, please visit www.mccafferyinterests.com.
CEI has distinguished itself as a leader among real estate owners, investors and developers in the Washington, DC area. CEI maintains an impressive portfolio of diversified commercial, residential and industrial real estate assets with current interests in millions of square feet of office space, as well as thousands of hotel and residential units, primarily located in the Washington, DC metro area. CEI is involved in all aspects of ownership, development and management of its properties. Through its sophisticated in-house expertise and experience, as well as strategic partnering, CEI actively drives value creation. For more information, please visit www.clarkenterprisesinc.com.
[solidcore] sets itself apart from any other full-body workout due to the use of a specific [solidcore] spring-based machine offering 2-300 pounds of tension. The [solidcore] method emphasizes slow and controlled full-body movements with constant tension, forcing muscles to rebuild in a stronger and more sculpted way. This intense workout is led by highly skilled certified [solidcore] coaches leading clients through hundreds of moves and resistance options to consistently challenge the body, meaning every workout is different which keeps the body guessing. The small class sizes of no more than 14 people means each client receives personalized attention and coaches are able to manage different fitness levels in class. Clients come from all walks of life, from professional athletes and weekend warriors, to stay-at-home moms and CEO’s. www.Solidcore.com