Development and Construction

Creating Value Through Cost-Effective, Sustainable Construction

Formed in 2005, the First Potomac Development and Construction Department responds directly to the space requirements of prospective tenants as well as the growth needs of existing tenants. Providing tenants with key development and construction management is vital to the success of First Potomac as a full-service real estate investment trust.

First Potomac recognizes the value of healthy workplaces, and understands that employee satisfaction increases along with more sustainable environments. Design and Construction Managers are LEED-certified and new projects are planned utilizing environmentally conscience and sustainable design.

By understanding key cost areas, First Potomac guides tenants toward choices in the design and construction process that saves money while preserving quality assurance. Close relationships with major suppliers enable First Potomac to provide cost-effective solutions and rapid service.

The construction team works with tenants and tenant-rep brokers throughout the development process to ensure the success of each project. The team is organized according to the following services:

• The Design Team includes space planners who work with tenants to understand their space requirements. The team develops test fits to ensure optimal use of space and develops construction estimates.
• The Tenant Interior Team includes construction managers who work with the tenant from design inception to construction completion to ensure absolute satisfaction. Each construction manager works diligently to make sure the projects are completed on time and within budget without neglecting quality assurance practices.
• The New Development/Redevelopment Team focuses primarily on new construction and significant renovations to building exteriors. The company currently has over 10 million square feet in new and major redevelopment work.
• The Capital Improvements Team specializes in other major improvements such as HVAC, roof replacement, asphalt, and exterior enhancements. This team works closely with property management and the tenants to ensure jobs completion on time and with minimal disruption to the daily business operations.

In-house development and construction professionals located in each region have extensive knowledge of the local market and strong relationships with contractors and vendors. Important goals are to support the growth of existing tenants, and provide prospective tenants with new build-outs. Projects are kept on-track and on-budget through the use of best practices and innovations gained from years of experience.