Savage project's office building to begin this fall

New office construction to commence at Annapolis Junction TOD, near Savage MARC

St. John Properties and Somerset Construction said Monday they plan to start construction this fall on a new, four-story office building at Annapolis Junction Town Center.

The 100,000-square-foot project is part of a $180 million transit oriented develoment near the Savage MARC station, planned to include more than 400 apartments, a 150-room hotel and about 17,450-square-feet of retail. A new 700-space parking garage was completed recently.

St. John Properties, which acquired the office component of the project from Corporate Office Properties Trust, said it plans to build without a committed tenant. The 10170 Junction Drive project is expected to cost about $9 million and be completed in fall of 2016.

“We consider Annapolis Junction Town Center to be a tremendous opportunity for our company, as Transit-Oriented Developments are rapidly emerging as attractive choices for organizations that value proximity to rail transportation systems,” said Richard Williamson, the firm’s senior vice president for leasing, in a statement.

Southern Management Corp. and Somerset Construction Co. are developing the residential and retail portions of the development and are seeking a partner for the hospitality component, according to the release.

nsherman@baltsun.com

This post has been updated with the estimated project cost.

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