Pike & Rose Update 11/21/22

Clark Construction & Federal Realty Tops Out Latest Component of Pike & Rose in North Bethesda

Late last week, Clark Construction Group and Federal Realty Investment Trust joined representatives from Choice Hotels. Sodexo, and design and trade partners to celebrate the topping out of 915 Meeting Street, a new 276,000-square-foot trophy office building in North Bethesda, Maryland. The topping out ceremony marks the completion of structural concrete operations.

915 Meeting Space is the latest component of Pike & Rose, a 24-acre, transit-oriented neighborhood featuring retail, dining, and entertainment spaces.

The Gensler-designed, 915 Meeting Street project will feature 6,000 square feet of ground floor retail, 250,000-square-feet of office space, and 545 parking spaces. The project will also tout numerous amenities, such as a rooftop conference center with common areas and a fitness center. The building will feature a glass curtainwall system façade detailed with metal panels and precast concrete to allow for ample natural light and impressive views throughout the building for tenants and visitors. 915 Meeting Street is targeting LEED Gold certification.

Choice Hotels International and Sodexo are among the building's largest lessees.

Since breaking ground in December 2021, Clark has poured over 35,000 cubic yards of concrete to shape the project. With structural concrete complete, the team is focused on the façade and interior finishes activities.

"This is such an exciting moment for the entire project team," said Andy Fuhrmann, vice president at Clark Construction. "The topping out ceremony is an opportunity to pause and recognize the hard work of the craftworkers that have dedicated over 215,000 hours to reach this tremendous milestone."

"915 Meeting Street is our newest trophy building offering to the market, designed with our ESG goals in mind," said Jay Brinson, vice president of development at Federal Realty Investment Trust. "This collaborative effort with our partners at Clark and Gensler has resulted in a building that is 60% leased with industry leaders, Choice Hotels and Sodexo."

"We are privileged to partner with Federal Realty and Clark Construction on a truly extraordinary achievement. 915 Meeting Street has catalyzed development in North Bethesda and brings together a dynamic mix of amenity-driven office and retail," said Theresa Sheils, principal and managing director at Gensler.

Clark is set to deliver the project in the 3rd quarter of 2022.

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