Monday, July 08, 2024

Chevy Chase Land Co. takes another big swing at office market in Friendship Heights


The Chevy Chase Land Company
 is announcing completion of a second major repositioning of one of its office properties in the Bethesda-Chevy Chase area. After winding up a $25 million set of upgrades to its iconic 2 Bethesda Metro Center office tower this spring, the firm has now made several significant updates and additions to its 5425 Wisconsin Avenue office building in Friendship Heights. The building rises eight stories above the company's Collection at Chevy Chase development. Like 2 Bethesda Metro Center, it is also located steps from an entrance to a Red Line Metro station.


Bethesda-based GTM Architects designed a set of new amenities and reimagined spaces that CCLC believes will make the building much more competitive in the office market. Companies are seeking spaces that are inviting and engaging enough to lure workers back to the office, and create new settings and opportunities for employee collaboration. To these ends, 5425 Wisconsin has added a new tenant lounge space with a 60-person training and conference room, pub-style collaboration booths, Trackman golf simulator, shuffleboard table, arcade zone, catering kitchen and bar area. A separate set of post-pandemic-lockdown enhancements were made to the building's lobby in 2022.


“The amenities we have now incorporated into 5425 Wisconsin are literally a ‘game changer’ for our tenants,” Chevy Chase Land Co. EVP of Asset Management Jason Winans said in a statement. “We’re providing a relaxing club-like space for tenants to escape the confines of the desk so they can interact for both meetings and social time in an immediately accessible game room, as well as conference area.”


Tenants of 5425 Wisconsin will join those of 2 Bethesda Metro Center in the CCLC's branded Ascend amenity program. Occupants of one participating building are able to take advantage of on-site amenities at the other buildings in the program. All of the current Ascend properties are located in the Bethesda-Chevy Chase area, and connected by transit.

Photos courtesy Chevy Chase Land Co.

1 comment:

  1. Anonymous2:40 AM

    Sorry for being such a 'wet blanket,' but as our society (and neighborhoods) detiorate, the "Tragedy of the Commons," realities slip in. These initially appearing beneficial amenities end up costing much more than they provide: costs being financial to leaseholders and or HOAs, un secured sefety iabilities, and even then often poorly utilized. I wish the new tenants good luck, tho!

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