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Washington Square to Receive Exterior Streetscape and Interior Renovation

Washington, D.C., June 26, 2009 –  Lerner Enterprises, Washington, D.C.’s largest private real estate developer and The Tower Companies, the largest Green Builders in the Nation’s Capital, both of Rockville, Maryland, are proud to announce they have  retained the Washington, D.C. office of Gensler Associates to renovate their award winning landmark trophy office building Washington Square.  Washington Square is located at 1050 Connecticut Avenue at L Street, NW in the heart of the Central Business District of Washington, D.C.

“Washington Square has and will always be our flagship property, as it is located in the heart of our nation’s capital,” stated Mark D. Lerner, a principal of Lerner Enterprises. “Tower and Lerner are very excited to begin this renovation as we view this as an opportunity to enhance one of Washington’s classic office buildings. The renovations will introduce a new generation of current and future tenants and guests to this modern masterpiece,” he added.

Washington Square, a one-million square foot office building with 20 retail shops such as The Art of Shaving, Victoria’s Secret and Morton’s – The Steakhouse, will begin the renovation later this year.  The renovation will include new atrium and lobby lighting, a new “Pilkington” storefront glazing system and significant audio/visual enhancements to the office and parking garage lobbies. Other improvements include enhanced access control systems, a modernized digital elevator system, as well as an additional landscaping package to increase the amount of green space on Connecticut Avenue and additional bike racks to promote the use of non-vehicular transportation.  One of the most dramatic visible improvements will be the exterior flamed granite sidewalk that will wrap the exterior of the building that will create a feeling of connectivity to the building.

Office leasing is being performed by Jeffrey K. Diamond and Brian F. Tucker of Diamond Property Company of McLean, Virginia.

For more information on Washington Square, please visit: WashingtonSquareDC.com.

For more information on Gensler Associates, please visit: Gensler.com.

About Lerner Enterprises

Lerner Enterprises of Rockville, Maryland, founded by Theodore N. Lerner in 1952, is Washington, D.C.'s largest private real estate developer and is involved in all phases of office, retail, hotel and residential real estate.  This includes planning, development, construction, leasing and property management.  Lerner has developed and currently manages more than 15 million square feet of office buildings, retail centers and residential communities.  Lerner's office portfolio has several well-known developments including: The Corporate Office Centre at Tysons II, McLean, VA; The Corporate Office Park at Dulles Town Center, Dulles, VA; 2000 Tower Oaks Boulevard, Rockville, MD (LEED Platinum); White Flint North, North Bethesda, MD; 1133 Connecticut Avenue, NW and 20 M Street, SE (LEED Gold) in Washington, DC; Flint Hill Office Park, Fairfax, VA; 7799 Leesburg Pike, Falls Church, VA; and 400 Army Navy Drive, Arlington, VA, among many others.

About The Tower Companies

The Tower Companies (TowerCompanies.com), founded by Albert Abramson in 1947, is a family-owned real estate firm in Rockville, Maryland and the largest Green Builder in the Nation’s Capital.  It ranks #42 on the US Environmental Protection Agency (EPA) National Top 50 US Green Power Purchasers' List, is EPA-certified carbon neutral, and they developed, Blair Towns, (BlairTowns.com) the first US Green Building Council LEED-certified apartment complex in the country. The Tower Companies is a member of EPA’s Climate Leaders, Energy Star and Green Power Partnership programs.  Their award-winning portfolio includes 4.5 million square feet of office buildings, office parks, 1,400 apartments, regional malls, residential communities, lifestyle centers, and hotels within the DC area. Of this total, one million square feet are Green or sustainable projects, and another 2.5 million square feet are in the planning stages; 2000 Tower Oaks Boulevard, co-developed with Lerner Enterprises, (TowerOaks.com), is the first LEED Platinum-certified multi-tenant commercial building in the D.C. area, The Tower Building (TowerBuilding.com), an Energy Star building named 2003 Green Office Building of the Year by Apartment and Office Building Association (AOBA), is LEED Silver, 1050 K Street (1050KStreet.com) is LEED Gold and 1909 K St, known as The Millennium Building (MillenniumBuilding.com) is the only and first commercial multi-tenant building in D.C. to get LEED EB certified. Tower now has six LEED certified projects and over 25% of their staff are LEED Accredited Professionals.  Awards include 2009 National Association of Industrial and Office Parks (NAIOP) Best Green Building of the Year for 2000 Tower Oaks Boulevard, 2009 DC Mayor’s Environmental Excellence Awards, 2009 Circle of Excellence Smart CEO Awards, 2009 Peerless Rockville Preservation Awards, 2008 USGBC of the National Capital Area, Member Firm of the Year, 2008 Washington Business Journal Green Company of the Year, 2008 Washingtonian Magazine Corporate Green Award, 2007 DC Chamber of Commerce Corporation of the Year, 2006 and 2003 EPA Green Power.