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.

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.
Washington, DC
1400 Crystal Drive
Lowe Enterprises is completing a comprehensive $70 million redevelopment of 1400 Crystal Drive in Crystal City, Virginia. The extensive program will transform the 300,000-square-foot building that is part of a 550,000-square-foot two-building complex currently known as Jefferson Plaza, into a modern, Class A office property. The building will be taken down to its structural concrete frame new floor to ceiling glass façade will be installed. The building lobby will be relocated to Crystal Drive, the area’s major thoroughfare, to improve access and enhance the pedestrian experience. 1400 Crystal Drive’s spectacular views of the Potomac River and Washington, DC, the U.S. Capitol building and historic monuments will be enhanced by the new glass façade, while reconfigured floor plates will maximize corner offices. Planned on-site amenities include a roof-top terrace to further capitalize on views of the Washington, DC landscape, a fitness center and concierge. The building will be completely retrofitted with modern mechanical systems.
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
Mission Bay
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.