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Rendering by POLSHEK PARTNERSHIP ARCHITECTS
 
Things change. Back in 1996, CarrAmerica was heavily focused on developing projects for its own portfolio while taking on very few third-party and build-to-suit customers. “Today, the shift is away from speculative development. We’re much more focused on build-to-suit customers and, in particular, institutional customers,” says Jamie Williams, President of CarrAmerica Development, Inc. In recent years, as the company’s development services business has grown commensurate with its national reputation, the mix of projects has changed as well—from a high volume of smaller projects to a concentration of larger, more complex ones.

In 2001, following a national search, CarrAmerica was selected as project manager for the development of the Freedom Forum/Newseum building (shown here) on Pennsylvania Avenue just west of the Capitol in downtown Washington. The 531,000-square-foot, $400 million project is a complex one, integrating residential, office and museum exhibit space. “Our 40-plus years of experience with complex development in D.C. along Pennsylvania Avenue and the fact that our staff had museum development experience won this contract for us,” says Williams. The company has developed nine other Pennsylvania Avenue projects.

Today, CarrAmerica’s development reputation extends well beyond Washington, D.C. Current projects include one for the University of California, Davis campus near Sacramento and another for Network Associates’ Plano, Texas headquarters. The company has also cultivated an expertise in the highly specialized area of biotechnology and lab facilities, developing more than 500,000 square feet of this product since 2000, and is now developing a second biotech facility for the Sidney Kimmel Cancer Center in La Jolla, California.

“ Our strong commitment to our development business has allowed us to attract and retain some of the highest quality development professionals in the industry,” says Williams. “Our development people have an average of 20 years of experience. That makes us unique.”