Balfour Beatty Infrastructure Inc.

11/16/2021 | Press release | Distributed by Public on 11/16/2021 09:45

Balfour Beatty Awarded $79 Million Contract by LCOR for Multifamily Residential Project, Sage at National Landing

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Balfour Beatty Awarded $79 Million Contract by LCOR for Multifamily Residential Project, Sage at National Landing

November 16, 2021


ARLINGTON, VA - Balfour Beatty has been awarded $79 million by LCOR Incorporated (LCOR) to deliver Sage at National Landing, a luxury residential and multifamily building in Arlington, Virginia. Once complete, the multifamily residential project will bring energy and vitality to the area and drive economic growth and development to the Crystal City neighborhood.

The 19-story Sage at National Landing building will feature 306 luxury apartment units offering a variety of living options for local residents of Crystal City and surrounding Arlington neighborhoods. The mixed-use property will also feature 10,653-square-feet of ground floor retail space that will include a two-story bar-and-restaurant concept bringing more retail and entertainment to the 12th street corridor.

Prominently located on the border of Crystal City and Pentagon City, the multifamily residential project will be delivered on the 40,000-square-foot Verizon telecommunications site at 400 11th Street South. The building will also be constructed in close proximity to the newly unveiled Amazon HQ2 that is slated to break ground in 2022.

Sage at National Landing is Balfour Beatty's second project with LCOR, where the company will provide general contracting services. The new building follows the recent completion of The Altaire, a LEED Gold certified, 20-story multi-family/mixed-use development and elite apartment residence offering unparalleled views of the Potomac and D.C. skyline.

"It is an honor to partner with LCOR Incorporated to deliver another high-quality construction project for the D.C. area," said Sean Graham, Balfour Beatty vice president of operations in the Mid-Atlantic. "Sage at National Landing will be another prestigious property that will spark continued economic growth in the area and bridge the gap between the Crystal and Pentagon cities. As an industry-leading builder in the multifamily and residential sector, our teams will leverage our expertise to deliver a premier facility for local residents and the community to enjoy for years to come."

Construction is underway and the Balfour Beatty team will use the latest technologies and lean construction methods including prefabrication of exterior wall panels and mechanical, electrical and plumbing components, and Building Information Modeling to efficiently deliver LCOR's Sage at National Landing with architect SK+I Architects of Bethesda, MD. Work is expected to be completed in early 2023.

To learn more about Sage at National Landing visit sagenationalanding.com.