Invested in Our Cities
Akridge has helped shape the areas where we operate into the cities they are today. Our tremendous influence on the neighborhoods surrounding our properties applies not only to the location of our properties, but also how we invest in and develop these properties. We have started numerous industry trends as a result of our determination to find new ways to create value and exceed expectations. In 2006, we delivered our Gallery Place project, which helped revitalize DC’s Penn Quarter. In 2009, Akridge delivered DC’s first LEED Platinum project at 700 Sixth Street. Akridge is poised to further transform the DC region through projects such as Burnham Place, a 3-million square-foot, mixed-use development that will be built atop the Union Station rail yard and will create a new urban neighborhood in downtown Washington, DC. Akridge expanded its offerings to North Carolina in 2016. 555 Mangum Street, a project in the heart of downtown Durham, promises to deliver 240,000 square feet of trophy space with a full host of modern amenities. 555 Mangum Street will provide an amenity-rich, walkable environment close to the American Tobacco Campus, award winning restaurants and breweries, and several entertainment venues.
Strong Civic Engagement
Akridge stands alone amongst real estate organizations in its track record for advancing civic engagement and economic development. Our dedication to civic engagement starts at the top. Chip Akridge founded the Trust for the National Mall, the largest public-private partnership in the history of the National Park Service. The Trust has raised more than $190 million in combined private and public funds in seven years. These investments enable the Mall to improve its infrastructure, restore national landmarks, and preserve America’s Front Yard, making a more beautiful and sustainable National Mall.
Our President, Matt Klein is also deeply rooted in the community. He is immediate past Chairman of the ULI Washington District Council; a past Chair of the Washington DC Chamber of Commerce; past Chairman of the Board for the Downtown Business Improvement District; on the Executive Committee of the District of Columbia Building Industry Association; a member of The Greater Washington Board of Trade, the World Presidents’ Organization, and the Federal City Council; and, has served on the Mayor’s Green Ribbon Committee and Streetcar Advisory Task Force.
Akridge’s leaders and team members have been involved in countless organizations across the region to help transform the landscape of our nation’s capital. These organizations range from the District of Columbia Building Industry Association, the National Association of Industrial and Office Properties, the Apartment and Office Building Association, and more. We have also helped lead numerous Business Improvement Districts. Our combined efforts have left an indelible mark on the cities where we operate. Through these efforts, Akridge continues to redefine our cities by making working more productive, playing more delightful, and living in our city more harmonious.