Development

Since inception Lowe has developed over $1.5 billion of commercial properties nationwide including office, industrial, retail, multifamily and mixed-use properties and we currently have another $1.0 billion of properties under development. Our team of seasoned development and construction managers add value throughout the development process - from site selection through completion.

We are proud that our track record of high quality projects earned the firm National Developer of the Year honors in 2002. Lowe's market based approach to development ensures that our projects consistently outperform the market in both occupancy and overall return. Our properties provide high quality environments for our occupants and visitors while retaining their value over time and enhancing our local communities.

Wheaton, MD
The George
Lowe has completed The George, a 12-story contemporary apartment tower featuring 194 residences, with a spacious rooftop deck and club room located in downtown Wheaton, Maryland. The sleek new apartment tower is the result of an innovative redevelopment of a 45-year-old, former office building which added seven-stories on top of the existing five-story building.


Alexandria, VA
National Science Foundation Headquarters
On behalf of an affilliate of USAA Real Estate Company Lowe is managing the development of a new office property in the Washington DC suburb of Alexandria, Virginia. The Class A office building development at Hoffman Town Center is preleased to the General Services Administration on behalf of the National Science Foundation (“NSF”) for a term of 15 years. The NSF will occupy 94 percent of the property upon completion in late 2016. Lowe will manage the ground up property development and will also assume building management responsibilities, once completed.
Santa Clara, CA
Santa Clara Centennial Gateway
Montana Property Group and Lowe Enterprises have teamed to develop Santa Clara Centennial Gateway, a $400 million hotel, office and entertainment transit-oriented development on three city-owned parcels. The 9.5-acre site is adjacent to Levi’s Stadium, the new home of the San Francisco 49ers. The 730,000-square-foot project will offer a dynamic mix of hotel, office, restaurants, - including a Joe Montana signature restaurant - casual eateries, entertainment and specialty retail with inviting public spaces where visitors, workers and the local community can meet, socialize, dine and enjoy a unique urban destination.


Seattle, WA
Luma
Lowe and Alecta, Sweden's largest mutual pension company, have formed a joint venture to develop a high-rise residential building at 1321 Seneca in the First Hill area of Seattle, Wash. The venture plans a 24-story condominium tower with approximately 168 for-sale units at the fully entitled site. The property will be the first high-rise residential building developed in the First Hill neighborhood since 1982 and among the first in the downtown Seattle area since 2008. The First Hill streetcar line, to be completed in mid-2014, is just two blocks from the property and will enhance the area’s connection to neighboring communities, employment areas and entertainment venues. With the vibrant Pike/Pine Triangle nearby, area residents enjoy easy access to a wide variety of restaurants, shops, galleries and clubs.


Los Angeles, CA
Downtown Los Angeles Arts District
A joint venture between Lowe Enterprises, Megatoys and institutional investors advised by J.P. Morgan Asset Management announced is developing a two-building, 320-unit apartment development in the Arts District of downtown Los Angeles. Located between 1st and 2nd Streets, the project will comprise two five-story buildings flanking Garey Street, which will be converted to a pedestrian paseo that will be an active public space and the centerpiece of the community with 15,000 square feet of retail space. The property’s architectural style is a modern expression of the historic industrial character of the area and is designed to LEED certification standards.


San Diego, CA
San Diego Community College District/IDEA District
The San Diego Community College District (SDCCD) selected the team of Lowe Enterprises and I.D.E.A. Partners to enter into a long-term ground lease and create a mixed-use development in the I.D.E.A. District on a full city block in downtown San Diego. Lowe and I.D.E.A. Partners’ plan for the 1.37 acre site is to create an urban mixed-use project with creative office space, apartments and street level shops and restaurants. This development is designed to be the catalyst for the 95+acre I.D.E.A. District, Innovation+Design+Education+Arts, an innovative approach to creating a vibrant jobs cluster at the intersection of design and technology.


San Mateo, CA
Clearview Business Park - Expansion
Lowe has received approval from the City of San Mateo Planning Commission for the development of a new three-story, 107,696-square-foot Class A office building at the 22-acre Clearview Business Park in San Mateo. The project will begin with the demolition of an existing building at the site and the addition of a new, five-level, 655-space parking structure. Clearview currently consists of 270,000 square feet in six buildings and is 100 percent leased to a roster of leading media, green building and tech industry tenants.
Irvine, CA
El Toro Marine Base
The County of Orange Board of Supervisors approved the selection of Lowe Enterprises to provide master planning, pre-development and property management services for the development of a 100-acre parcel at the former Marine Corps Air Base, El Toro, in Irvine. Lowe was selected through a competitive qualification process. Lowe will aid the County in developing a master development plan that provides the highest and best use for the 100-acre parcel which will include creating an infrastructure phasing plan and securing entitlements. The site is located between the planned Orange County Great Park Master Plan and the Orange County Transportation Authority Metrolink.


San Jose, CA
North First Campus
Lowe Enterprises is proceeding with plans for North First Campus, a 43-acre creative, Class-A office campus on North First Street near the San Jose International Airport. Lowe’s master plan envisions 1.8 million square feet in nine office buildings ranging in size from 150,000 to 350,000 square feet, with large 30,000 to 45,000 square foot floor plates, balconies and operable windows. The Campus is designed as a completely walkable environment with a pedestrian-scale internal street, bike paths, trails that connect to the San Jose bike route and green spaces. North First Campus will be an active environment similar to any downtown area, lined with shops, cafes and other amenities and convenient curbside parking. North First Campus is being designed to pursue LEED-ND (Neighborhood Development) certification and will be the first LEED-ND project in San Jose.


Crystal City, VA
1400 Crystal Drive
Lowe completed a $41 million redevelopment to transform the existing13-story building into a state-of-the-art, Class A office building designed to LEED Gold standards. Lowe Enterprises took the building down to its structural frame and installed a new floor-to-ceiling glass facade to maximize natural light, provide energy efficiency, and capture the spectacular views. The redevelopment added an additional 25,000 square feet, resulting into a 308,000 rentable square foot property located on Crystal City’s most vibrant street. The building features a modern lobby with marble and stainless steel finishings, an on-site fitness center, a tenant conference center and a magnificent penthouse terrace with views overlooking the Potomac River and the Washington, DC Skyline. The project was completed in June 2013.


Culver City, CA
Ivy Station
Lowe was selected to serve as developer for a mixed-use, urban infill project at the phase I terminus of the new Metro Expo light rail in Culver City, California. The Washington/National project will comprise a dynamic mix of residential, office, retail, and hotel properties at the five-acre transit station property. The project is expected to include approximately 500,000 square feet within a gateway development linking two historic downtown areas of the City. The Expo light rail service will open in 2012 serving a route to downtown Los Angeles. Phase II of the Expo rail service will ultimately connect further west to Santa Monica. The Washington/National development will be the first large-scale mixed-use development located on the Expo line.
Washington, DC
Fort Totten Square
In partnership with the JBG Companies, Lowe is developing Fort Totten Square, a mixed-use community located on a large parcel of land near the Fort Totten Metro Station in Northeast Washington, D.C. Fort Totten Square will include 350 apartments and a 120,000 square foot urban-format Walmart with full-service grocery on the ground floor, in addition to select smaller retailers. There will be approximately 450 retail parking spaces and 325 residential parking spaces, for a total of approximately 775 parking spaces. Fort Totten Square will combine the best qualities of urban living with the feel of less densely populated suburban communities.


Compton, CA
Compton Senior Activity Center
Lowe was selected through a public-private partnership to serve as the development manager for a Senior Activity Center and parking facility in the City of Compton, CA. Lowe’s selection is the result of more than two years of discussion and planning with the community, the Redevelopment Agency and the City. The 30,000-square-foot center and 300-space parking structure will be developed using $24 million of tax allocation bond proceeds available from the Redevelopment Agency’s 2010 bond program. The project was completed in early 2014.
San Diego, CA
County Operations Center
In 2008, Lowe was selected by the San Diego County Board of Supervisors to develop the County Operations Center in Kearny Mesa. The 38-acre County Operations Center site is being redeveloped into a modern, efficient campus with approximately 900,000 square feet of office space, built to LEED Gold Certification standards, along with service buildings and parking. The Center will be developed in three phases. The first phase consists of the central plant, two office buildings, a conference center. The second phase is comprised of two additional office buildings, a cafeteris and an additional parking structure. The final phase will add two more office buildings to the campus. The Center features sustainable design incorporating a variety of energy efficient, green building technologies.


San Mateo, CA
Clearview Business Park
Lowe acquired this six-building, 270,000-square-foot office campus in San Mateo, CA in partnership with O’Connor Capital Partners. The partnership quickly began a $20 million comprehensive renovation to modernize the facilities to Class A standards. Constituting six buildings ranging from 38,000 square feet to 68,000 square feet, the campus is able to accommodate large single users or, the flexible building configurations can provide space for multiple mid-sized tenants. Clearview was named by the San Francisco Business Times as one of the “Real Estate Deals of the Year” for 2008. Lowe is in the process of entitling and designing a new 130,000 square foot Class A office building and a new parking garage.
Washington, DC
Washington Hilton
In 2007, Lowe teamed with Canyon-Johnson Urban Funds (CJUF), a joint venture between Canyon Capital Realty Advisors and Earvin “Magic Johnson”. Upon acquisition, Lowe began a $150 million, top-to-bottom restoration of the historic property. The restoration included a makeover of all 1,070 guestrooms, meeting rooms and function spaces, the lobby, restaurants and all public areas. Lowe concurrently developed a plan and secured approvals to add a residential component to the property which is currently in the planning phase.


San Francisco, CA
500 Terry Francois
Lowe acquired this premier waterfront property on behalf of a pension fund client in 2006 for development of a six-story, 300,000-square-foot office building. The site, on Terry Francois Boulevard in the Mission Bay area of San Francisco, was fully entitled with foundations in place providing Lowe the ability to complete the building in early 2008. 500 Terry Francois was the first new office building to be developed in San Francisco since the tech crash seven years prior. The six-story, Class A, LEED-silver, glass and brick-skinned building includes 9,000 square feet of street-level retail. The project was completed on schedule and sold to CB Richard Ellis Investors in June of 2008.


Colorado Springs, CO
Northrop Grumman Colorado Springs Campus
Lowe was selected by Northrop Grumman Corporation to develop its new two-building office complex in the 30-acre Colorado Springs Airport Business Park. The 131,000 square foot building broke ground in early January of 2007 and was completed in March, 2008. The new complex houses approximately 1200 Northrop employees.


Parkersburg, WV
GSA - Bureau of the Public Debt
Lowe was retained to develop a build-to-suit office campus for the Bureau of Public Debt on a 6-acre site in Parkersburg, VA. The first, five-story, 79,975-square-foot was completed in the fall of 2004 and sold to Government Properties Trust. The second, four-story, 102,000 square foot building was completed in mid-2006.
Washington, DC
CityVista
City Vista is a mixed-use development project located in the Mt. Vernon triangle section of Washington DC. The project includes 441 condominiums and 244 rental apartments, 20% of which are reserved as affordable housing. The project also includes a 55,000 square foot urban lifestyle Safeway and an additional 60,000 square feet of retail space including a fitness center, restaurants, and convenience and specialty stores. Construction began in late 2005, the final CityVista asset was sold in 2010.


Washington, DC
601 New Jersey Avenue
601 New Jersey Avenue is a 275,000 square foot state-of-the-art commercial office building that was completed in 2002. In the development of this urban site, Lowe Enterprises successfully managed the design and construction of this public/private project with GSA and the Federal Trade Commission. Eighty percent of the building was pre-leased to the Government. The building was sold to an institutional investor.


Hawthorne, CA
The Exchange
The Exchange's uniquely integrated campus features 1,800,000 square feet of office, retail, and industrial space set amongst 104 acres of richly landscaped common areas. Built on an the abandoned Hawthorne Airport campus which housed Northrop Grumman Aeronautics and Electronics division headquarters, this project brings new life to the Northeastern portion of Hawthorne and highlights Lowe's abilities to work through complex entitlement issues as well as solve and finance a site with known soil and groundwater contamination.
Irvine, CA
Verizon Wireless Campus
Verizon Wireless selected Lowe Enterprises to develop a new campus for their Southern California region. Lowe provided development, construction management, and financing for the campus which is 30 acres and consists of four (4) 3-story buildings and one (1) 2-story building totaling 453,958 square feet. The site is fully developed with landscape and hardscape enhancements featuring a 1.5 acre courtyard with lawn for outdoor events.


Los Angeles, CA
Univision
Lowe was selected to manage the development of this build-to-suit television production facility and corporate headquarters for the Univision Television Group. The facility houses Univision’s state-of-the-art digital broadcasting studios and satellite uplink and receiving facilities, in addition to over 125,000 square feet of corporate office space.


Los Angeles, CA
Howard Hughes Center
In 1998, Lowe was selected by Arden Realty, a Los Angeles-based REIT, to develop 1.4 million square feet of commercial space at the Howard Hughes Center in the Westchester area of Los Angeles. The 250,000 square foot 6060 Center Drive office building was completed in the Spring of 2000; followed by the 285,000 square foot 6080 Center Drive office building and a 160,000 square foot build-to-suit for Univision, both of which were completed in the spring of 2001. The 12-story, 285,000 square foot, 6100 Center Drive office building was completed in the spring of 2002.
Santa Monica, CA
Sony Building
This Class-A project, developed for Sony Music, includes two three-story buildings and one two-story building. The project also includes two recording studios, a live performance studio, and commissary.


Brea, CA
Brea Marketplace
Brea Place is a 1.7 million square foot mixed-use development which includes 350,000 square feet of service, entertainment and promotional retail. At Brea Place, Lowe developed on-site amenities including day-care, health club, retail, restaurants, entertainment and hotel facilities.