courtesy Virginia Tech
Demolition and infrastructure work is set to start this month at the Potomac Yard property where the $1 billion Virginia Tech Innovation Campus is set to be built, developer JBG Smith announced Thursday.
Virginia Tech and Chevy Chase, Maryland-based real estate investment, management and development company JBG Smith, which is overseeing the 20-acre project in Alexandria, as well as Amazon.com Inc.’s East Coast headquarters HQ2 in National Landing, about two miles away, received the city’s final approvals for the 1.7 million-square-foot campus in December 2020. The project will also include four office towers and two residential buildings with retail space.
The university is set to proceed this year with construction of the first phase of a 300,000-square-foot educational and research building, which is expected to open in August 2024. The 11-story academic building will include instruction and research space for master’s and doctoral students in computer science and engineering, as well as staff and faculty offices.
