Signal House Completes DC’s Union Market District With Contemporary Office Space
Signal House has opened last year in Washington, D.C., as the first new office building in Union Market, a gourmet food court that has been around since 2012 and spearheaded the transformation of a former industrial wholesale distribution center magnet for commercial and residential development.
The takeaway: A creative 10-story office building, Signal House introduced a state-of-the-art workplace and contemporary amenities to the Union Market neighborhood, which became a new destination for tenants and retailers in Washington following the arrival of the hall. Union Market food.
Why is this important: At Signal House, Carr Properties – a private real estate investment trust that owns, manages, acquires and develops properties in DC, Boston and Austin – has created a building to complement the emerging mall and capitalize on the expectation of a hand -modern work to have access to walkable amenities, new restaurants and shops, and public transportation. Developed on speculation, the property is currently 66% let after Carr signed a series of tenants late last year that included the first DC office for video-sharing app TikTok.
Enlarge: Designed by Gensler, the 236,204 square foot building pays homage to the area’s industrial history with a unique terra cotta, metal and glass exterior. With some of the tallest ceilings and widest column spacings in the city, the property includes a DJ booth, karaoke room, and demo kitchen and bar, as well as convertible meeting space, a hall motherhood and welfare and views of the Capitol. The property also features 12,340 square feet of retail space that will be anchored by Starr Restaurant Group, the team behind DC restaurants such as Le Diplomat and St. Anselm, which has leased space along Morse Street for a restaurant scheduled to open in early 2023.
What they say : Signal House marked the first creative office project for Carr Properties. Led by Director of Development Austen Holderness, the team “invested a lot of effort into ensuring that Signal House fits seamlessly into Union Market’s urban warehouse aesthetic,” CEO Oliver said. Carr. “It’s a truly special building that combines exceptional design with abundant outdoor space and state-of-the-art amenities.”
Its location next to the Union Market food hall, named one of the top 10 food halls in the country last year by Reader’s Digest, should serve as a recruiting tool as the company seeks to fill the building. “There’s no doubt that the neighborhood attracts creative class and tech tenants,” Carr said. “It’s such a vibrant and cool neighborhood where people want to live, dine and shop. With Signal House, they can now also work in the Union Market area.”
CoStar’s Impact Awards highlight commercial real estate transactions and projects that have transformed their markets over the past year. Winners are chosen by independent panels of industry professionals who work in the markets they judge. A list of judges can be found here and winner selection criteria can be found here.