This granite and glass, 185,000 square foot office building is one of the trophy properties of Washington, D.C. and was leased to multiple tenants including Kodak, Mobil Corporation, Inter-American Development Bank, and the D.C. Bar Association. The retail components were leased to a restaurant and to Staples. Tenants enjoyed a professional quality fitness center, computer controlled HVAC and luxurious marble bathrooms. The Walton Companies assembled the land over two years by buying out eight individual properties, eight leases and conducting a land trade. The 1991 building was built on time and under budget with virtually no change orders during construction. The Walton Companies were responsible for concept, land acquisition, equity financing, debt financing, zoning modifications, design, construction, leasing, and property management.
Contact Us -- 6842 Elm St, Suite 106, McLean VA 22101 US -- (703) 790-3125
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--Ron Walton, 2003
The Walton Companies developed a build to suit office building for BMW of North America for their Mid-Atlantic regional corporate offices. The property is north of Dulles International Airport. The Walton Companies were responsible for site acquisition, design implementation, and construction oversight. The cutting edge European style adhered to BMW’s strict corporate design criteria.
"It's fun to see these things built...It's something tangible."
The 383-suite Embassy Suites Hotel is located just two blocks West of the new DC Convention Center and served as the de facto convention center hotel for the Walter E. Washington Convention Center until 2014. Designed after the new Embassy Suites brand, it boasts one level of meeting space, a full-service restaurant, pool and a fitness facility. The Walton Companies acquired the property in 1997 and took it through development and pre-construction until 2003, when the International Union of Painters and Allied Trades purchased its interests. The Walton Companies were responsible for the initial concept, land acquisition, franchise acquisition from Hilton Hotels Corporation, two zoning modifications, all design, permit acquisition, construction bid management and financing (including TIF) through the start of construction.
The corner of 12th and K Streets hosts a landmark residential building designed by Brennan Beer Gorman Monk/Architects & Interiors. Sold at market high prices in 2006, it features 130 luxury residential condominiums on 14 floors with high-end finishes including granite countertops and hardwood floors. The building has a fitness center, recreation space and street level retail. Large bay windows serve as counterpoint to the light taupe brick clad tower and the base of custom designed precast concrete. Intermediate horizontal banding enlivens the façade, as do green window mullions reminiscent of patinated bronze in historic buildings. The Walton Companies directed the full development and sale of the project, including an environmental clean-up (under the guidance of DC Department of Energy & Environment), and a financial re-structuring to accommodate the specific tax implications of the original land owner.
This 132,000 square foot office building was designed and built on a triangular site immediately off the Dulles Access Road. An early design as part of Worldgate was changed significantly when The Walton Companies purchased this site. The design was changed from a three story triangular building to the current four-story glass building with a full height atrium and glass elevators. The building features nine corner offices per floor and interior offices ringing the atrium for a maximum in natural light and openness. The property opened in 1990. The Walton Companies were responsible for concept, land acquisition, equity financing, debt financing, zoning modifications, design, construction oversight, leasing, and property management.
The Walton Companies developed the 162-unit apartment community near Baylor University, a major medical center and a regional shopping development. The project was built on a 10-acre lake, had an 11,100 square foot club house, movie theater, fitness center, infinity pool, walking trails, outdoor entertainment areas, barber/beauty salon and computer center. The Texas Associated Builders and Contractors awarded the Excellence in Construction Award to the Luxe at 1300 in 2011.
Two of the first notable office buildings in Dulles Airport area, DominionPoint I and II are brick and reflective glass office buildings of two and three stories. Each building has a sky-lit atrium with an intricate marble floor. The buildings provide amenities and a quality level in the Dulles Airport market equivalent to that found in downtown Washington, D.C. The Walton Companies were responsible for concept, land acquisition, equity financing, debt financing, zoning modifications, design, construction oversight, leasing, and property management.
This 300-room hotel was the first ground-up hotel built in downtown D.C. in over ten years when it opened in 2000. Upon completion, Hilton decided the hotel should serve as the urban design prototype for their Hilton Garden Inn franchise and featured the hotel in their corporate literature. In conjunction with Robert Curtis of Curtis-Facchina Development Company, The Walton Companies administered the development process from initial land acquisition to beyond project completion. The 156,000 square foot, 14-story hotel is situated on an interior parcel on 14th Street, NW, two blocks from the White House. The Walton Companies were responsible for concept, land acquisition, equity financing, debt financing, franchise acquisition, design, and construction oversight.
A multi-tenanted granite office building in downtown Washington, this property was sold to an insurance company before it was built. The floors were each leased to single tenants. Six of the original tenants were major US corporations including Wells Fargo Bank, AMAX and Prentice-Hall. The project was completed in 1983. Walton, as the Project Partner with the Farr Companies, was responsible for concept, land acquisition, equity financing, debt financing, zoning modifications, design, construction oversight, and leasing.