Amazon’s move into Northern Virginia is moving forward, with the company signing leases for office space in Crystal City and agreeing to purchase two newly constructed buildings that are slated to break ground in the future.
JBG Smith announced that Amazon signed leases for buildings at 241 18th Street S, 1800 S Bell Street, and 1700 Crystal Drive, totaling 537,000 square feet. The developer also reached $294 million purchase and sale agreements for two National Landing sites located in Pentagon City, covering 4.1 million square feet. JBG Smith will be Amazon’s developer, property manager, and retail leasing agent for the new buildings.
Prior to these real estate deals, the Virginia General Assembly approved $195 million in state funding for infrastructure improvements, including second entrances to the Crystal City and Potomac Yard metro stations, a pedestrian connection to Reagan National Airport, an expanded VRE station, and improvements to Route 1.