Balfour Beatty wins $ 79million (approx. £ 59million) luxury multi-family residential contract in Virginia
November 18, 2021
Balfour Beatty announces today that it has been awarded a $ 79 million (approx. £ 59 million) contract for the delivery of “Sage at National Landing”, a new luxury residential and multi-family building in Arlington, Virginia , on behalf of LCOR Incorporated.
Comprising 306 new apartments spread over 19 floors on a 40,000 square foot site, the building will also include 10,653 square feet of retail space on the ground floor, including a two-story bar and restaurant.
To efficiently deliver the building, Balfour Beatty will use the latest technology and methods, including the prefabrication of exterior wall panels and mechanical, electrical and plumbing components.
This latest award marks Balfour Beatty’s second project with LCOR Incorporated, following the completion of The Altaire, a 20-story mixed-use multi-family complex and elite LEED Gold certified apartment complex in 2019.
Sean Graham, vice president of operations at Balfour Beatty in the Mid-Atlantic, said, “It is an honor to partner with LCOR Incorporated to deliver another high quality construction project for the DC area.
“Sage at National Landing will be another prestigious property that will drive continued economic growth in the region and bridge the gap between the cities of Crystal and the Pentagon. As a leading builder in the multi-family and residential sector, our teams draw on our expertise to deliver a top-notch facility to local residents and the community that they can enjoy for years to come. ”
Work is already underway for delivery scheduled for early 2023.
To learn more about Sage at National Landing, visit sagenationalanding.com.
Picture: ‘Sage at National Landing’ in Arlington, Virginia
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Notes to Editors:
Balfour Beatty is a leading international infrastructure group with 26,000 employees who drive the delivery of powerful new solutions, shape thinking, create horizons and inspire a new generation of talent to be the change agents of tomorrow.
We finance, develop, build, maintain and operate the increasingly complex and critical infrastructures that support national economies and deliver projects at the heart of local communities.
Over the past 112 years, we’ve created iconic buildings and infrastructure around the world including: the £ 1.5bn A14 Improvement Program – Britain’s largest road project ; the HK $ 5.5 billion Hong Kong World Class Harbor Theater Project for the West Kowloon Cultural District Authority; and the $ 429 million 12.5-mile North Metro Commuter Rail line in Colorado, United States.
About Balfour Beatty USA:
We Fund, Balfour Beatty is a leading provider of general contractor, risk management and design-build services to public and private sector clients across the United States. Carrying out heavy civil and vertical constructions, the company is part of Balfour Beatty plc (LSE: BBY), a leading international infrastructure group that provides innovative and efficient infrastructure that underpins our daily lives, supports communities and enable economic growth.
Consistently ranked among the nation’s top contractors, Balfour Beatty is the # 6 home construction contractor in the United States according to the Engineering News-Record ranking. To learn more, visit balfourbeattyus.com