IN THE NEWS
The Shooshan Co. build a new office building along the Rosslyn-Ballston Corridor's Wilson Boulevard. Shooshan has formed a joint venture partnership with Radnor-based Brandywine Realty Trust to develop 4040 Wilson Blvd., a 20-story building that will be the last addition to Shooshan's Liberty Center mixed-use project. Brandywine is kicking in $36 million as part of the deal, according to Brandywine.
The Shooshan Co., the developer behind Arlington’s Liberty Center (formerly Founders Square), applied Aug. 22 for building permits to construct a 410,000-square-foot office building, with 8,500 square feet of ground-floor retail, at 4040 Wilson Blvd. in Ballston.
Kevin Shooshan, director of leasing.
Shooshan Co. plans to break ground in mid-March on a 17-story apartment building at Founders Square, a 1.2 million-square-foot development near the Ballston Metro station that has been in the works since 2007. Shooshan affiliate Ashton Park Associates III LLC closed Feb. 24 on a $71.1 million construction loan to finance The Place, a 257-unit rental building slated for completion in 2013. Holliday Fenoglio Fowler LP directors Susan Carras, Walter Coker and Brian Crivella brokered the financing deal through SunTrust Banks Inc.
in the planning stages for major renovations to the 26-year-old, 580,000 square foot facility since at least 2010. Today (Wednesday) the Washington Business Journal reported that that the company revealed preliminary plans and renderings for the renovations at an industry conference in National Harbor.
Arlington, VA - The Arlington Partnership for Affordable Housing (APAH) yesterday announced its 2012 Affordable Housing Honorees. "In 2012 we are recognizing Ron Carlee, former Arlington County Manager, for his steadfast commitment to Arlington's affordable housing policy, and John Shooshan, President, The Shooshan Company, for his unwavering leadership in our County's effort to end homelessness," said Nina Janopaul, APAH President/CEO. "They will be honored at the Celebration of Affordable Housing, APAH's Annual Fundraiser, on October 2, 2012, at the Clarendon Ballroom in Arlington, VA." - See more at: http://dc.citybizlist.com/article/arlington-partnership-affordable-housing-names-2012-affordable-housing-honorees#sthash.T8otJgX2.WPuMfTJC.dpuf