Akridge has awarded the $38 million project at 1200 17th Street to Balfour Beatty Construction, which will provide Construction Management at Risk services for the demolition of the existing, eight-story building, and will provide new construction of an 11-story trophy office building in its place.

Designed by ZGF Architects, the new, 170,000-square-foot office building will feature a two-story lobby, column-free work space with floor to ceiling windows on all sides of the building, a green roof, client-only rooftop terrace, fitness center, and ground-level retail.

Inspired by its site, which is located between the Farragut North and Dupont Circle Metro stations, the design will incorporate a glazed terra cotta façade against a modern glass tower visually connecting the building with the neighborhood.

Demolition of the existing building is expected to be finalized by late January, with new construction beginning after that. Project completion is slated for mid 2014.

Akridge, with the help of ZGF and Balfour Beatty, is targeting LEED Platinum certification for this project.

This will be the second office building Balfour Beatty has built for Akridge. Balfour Beatty completed 700 Sixth Street, one of the first LEED Platinum buildings in Washington, DC, in 2009.