Skanska can go forward with 88 M St. NE, but it won't. Not now.
By Michael Neibauer
Washington Business Journal
March 25, 2014
"The first phase of Skanska USA Commercial Development Inc.'s 900,000-square-foot mixed-use project in NoMa has been approved for construction, but there are no plans to put a shovel in the ground, yet.
In 88 M St. NE, Skanska will build a 315,000-square-foot office building with ground floor retail (likely a large restaurant) located a block from the NoMa Metro station. The 12-story structure will include three levels of underground parking, a 5,000-square-foot tenant-only fitness center and a sky deck.
Skanska has not inked an anchor tenant yet for 88 M, though it was one of a half dozen projects pitched as a future Washington Post headquarters. A Skanska official said the permit was pulled in order to be ready to go at any time, either with a tenant or speculatively, but actual construction is some time away. The permit is good for two years..."
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