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Stock impact report

JBG SMITH Commences Construction at 1900 Crystal Drive

JBG SMITH Properties Common Shares (JBGS) 
Last jbg smith properties common shares earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.jbgsmith.com
Company Research Source: Business Wire
Development Will Bring More Than 800 Apartments and New Community Amenities to National Landing BETHESDA, Md.--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, announced today the commencement of construction for two residential towers at 1900 Crystal Drive in National Landing.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210326005081/en/Illustrative rendering of 1900 Crystal Drive (Photo: Business Wire)The development at 1900 Crystal Drive is planned to encompass 808 multifamily rental units and approximately 40,000 square feet of street-level retail across two new mixed-use buildings. A 27-story southern tower will feature 471 apartments, while the 26-story northern tower will incorporate 337 apartments. JBG SMITH successfully bid and secured a guaranteed maximum price contract for the project that is more than 7.5% below pre-pan Show less Read more
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