STHRN Hospitality to Anchor Park’s New F&B
Concept with a Unique Indoor/Outdoor Bar and Extensive Programming
at JBG SMITH’s Newest Destination
JBG SMITH (NYSE: JBGS), a leading owner and developer of
high-quality, mixed-use properties in the Washington, DC market,
today announced 11 new restaurant and bar concepts coming to
National Landing’s reimagined Water Park this summer.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230504005358/en/
Water Park in National Landing (Photo:
Business Wire)
The project will serve as a reimagined community gathering place
animated by innovative dining, entertainment venues, public seating
areas, and significant landscape improvements. Nine of the new
eateries will be located in 300-square-foot kiosks lining Crystal
Drive, each meant to serve as incubator opportunities for
up-and-coming culinary talent. The lineup, which features a diverse
and eclectic blend of cuisines conceived by a host of emerging
local, minority- and women-led businesses, includes:
- Brij, a DC-based café and wine bar by Skyler Kelley, whose
vision is to bridge people and communities together with proceeds
benefiting single mothers, the LGBTQ+ community, and the
un-housed;
- Bubbie’s Plant Burger, a plant-based and kosher certified
Americana burgers, fries and soda pop shop from chef Margaux Riccio
and general manager Shaun Sharkey, the creators of DC’s
award-winning Asian fast casual restaurant Pow Pow;
- Cracked Eggery, launched by Potomac native Mike Tabb and his
partners as a popular food truck serving inventive egg sandwiches,
bowls and tasty sides throughout DC. It now has permanent locations
in Cleveland Park and Shaw, where it occupies space in a JBG
SMITH-owned building;
- DC Dosa, Bombay-born Priya Ammu’s South Indian street food
concept, and her first location outside of Union Market;
- Dolci Gelati, a DC-born gelato shop by Gianluigi and Anastasia
Dellaccio serving up 450+ seasonal and artisanal flavors made fresh
on a daily-basis as well as a robust coffee/espresso program;
- Falafel Inc., launched by Palestinian American entrepreneur
Ahmad Ashkar in Georgetown with a menu of hummus, falafel bowls,
sandwiches, and sides, this favored charitable spot has the goal of
feeding refugees alongside the World Food Programme;
- PhoWheels, a family-based business from Tuan and Jennifer Vo
featuring Vietnamese inspired dishes. Their kiosk will be the first
brick and mortar location for the popular DC food truck;
- Tiki Thai, a new outpost of chef Porntipa "Pat" Pattanamekar’s
Reston eatery that has been dubbed “Virginia’s first premier tiki
bar and Thai restaurant,” offering a wide-range of eats inspired by
Thai and Polynesian cuisine;
- Queen Mother’s, Virginia native and James Beard Award
Semi-Finalist Chef Rahman “Rock” Harper’s tribute to his mother
through his renowned fried chicken concept.
In addition to the kiosks, JBG SMITH has entered into an
agreement with STHRN Hospitality, the Atlanta-based culinary and
creative group that led the creation of the popular, talent-focused
Atlanta Food & Wine Festival in 2010 as well as several
food-hall concepts and other diverse culinary and entertainment
events, to anchor a 1,400-square-foot full-service restaurant set
into the hillside. Water Bar, the iconic new community gathering
spot, will feature a raw bar focused menu and extensive cocktail
list from an open-air terrace perched atop the modernized fountain
water wall. STHRN Hospitality will also operate Crush Pizza, which
will serve creative New York style whole pies and slices, salads,
and a curated selection of wine by the glass.
The new vision for Water Park, a roughly 1.6-acre open space in
the heart of National Landing, will complement the broader
redevelopment efforts in the neighborhood. JBG SMITH is expected to
deliver more than 5,000 new multifamily units, with 1,583 already
under construction, and in June, Amazon will open its 2.1 million
square foot headquarters that will house the more than 8,000 local
employees it has hired to date.
“Our primary intent in designing and programming Water Park was
to create an authentic urban community that echoes and embraces the
region’s diverse culture,” said Amy Rice, Senior Vice President of
Retail Leasing at JBG SMITH. “We’re especially excited to introduce
National Landing’s residents, workers and visitors to this dynamic
mix of emerging culinary talent.”
“We’re thrilled to work with JBG SMITH to bring this incredible
new destination to life,” said Kelly Campbell, co-founder of STHRN
Hospitality. “Water Park will be an inspiring setting. We look
forward to further animating the space through a series of unique
lifestyle events and community programming.”
Additional elements of the redesigned Water Park include a live
performance stage, an interactive water feature, public art
installations, and a trailhead building adjacent to the Mt. Vernon
Trail equipped with public restrooms and bike facilities. JBG SMITH
is also coordinating with Virginia Railway Express on a handicap
accessible connection to the future entrance of the relocated VRE
station.
JBG SMITH previously received approval from the Virginia
Alcoholic Beverage Control Authority to establish a consumption
zone in National Landing, allowing patrons of Water Park’s licensed
alcohol retailers to enjoy beverages within its boundaries. Through
this new Commercial Lifestyle Center designation, visitors and
residents will be able to “sip and stroll” throughout the park.
JBG SMITH’s ongoing placemaking efforts in National Landing have
led the charge in creating meaningful places meant to connect
communities and enhance the lives of those that live, work, or
visit them. In addition to the small and local businesses its
welcoming at Water Park, JBG SMITH’s Dining in the Park project
will similarly transform and reactivate the courtyard in front of
2121 Crystal Drive with a novel culinary experience set among more
than an acre of greenery. Dining in the Park will house renowned
Seven Reason’s chef Enrique Limardo’s new concept Surreal in late
summer, further demonstrating National Landing as home to some of
the best, brightest, and most diverse talent in the culinary
industry.
About JBG SMITH
JBG SMITH owns, operates, invests in, and develops mixed-use
properties in high growth and high barrier-to-entry submarkets in
and around Washington, DC. Through an intense focus on placemaking,
JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods
throughout the Washington, DC metropolitan area. Approximately
two-thirds of JBG SMITH's holdings are in the National Landing
submarket in Northern Virginia, which is anchored by four key
demand drivers: Amazon's new headquarters, which is being developed
by JBG SMITH; Virginia Tech's under-construction $1 billion
Innovation Campus; the submarket’s proximity to the Pentagon; and
JBG SMITH’s deployment of next-generation public and private 5G
digital infrastructure. JBG SMITH's dynamic portfolio currently
comprises 15.3 million square feet of high-growth office,
multifamily, and retail assets at share, 98% of which are
metro-served. It also maintains a development pipeline encompassing
9.7 million square feet of mixed-use development opportunities. JBG
SMITH’s capital allocation strategy is to shift the majority of its
portfolio to multifamily and concentrate its office assets in
National Landing. JBG SMITH is committed to the operation and
development of green, smart, and healthy buildings and plans to
maintain carbon neutral operations annually. For more information
on JBG SMITH please visit www.jbgsmith.com.
Forward-Looking Statements
Certain statements contained herein may constitute
"forward-looking statements" as such term is defined in Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements are not guarantees of performance. They represent our
intentions, plans, expectations, and beliefs and are subject to
numerous assumptions, risks and uncertainties. Consequently, the
future results of JBG SMITH Properties ("JBG SMITH") may differ
materially from those expressed in these forward-looking
statements. You can find many of these statements by looking for
words such as "approximate", "believes," "expects," "anticipates,"
"intends," "plans," "proposed," "would," "should," "may," or
similar expressions in this press release. We also note the
following forward-looking statements: final completion and opening
dates as well as any design or service expectations. Many of the
factors that will determine the outcome of these and our other
forward-looking statements and plans are beyond our ability to
control or predict. These factors include, among others: adverse
economic conditions in the Washington, DC metropolitan area, the
timing of and costs associated with development and property
improvements, financing commitments, and general competitive
factors. For further discussion of factors that could materially
affect the outcome of our forward-looking statements and other
risks and uncertainties, see "Risk Factors" and the Cautionary
Statement Concerning Forward-Looking Statements in the Company's
Annual Report on Form 10-K for the year ended December 31, 2022 and
other periodic reports the Company files with the Securities and
Exchange Commission. For these statements, we claim the protection
of the safe harbor for forward looking statements contained in the
Private Securities Litigation Reform Act of 1995. You are cautioned
not to place undue reliance on our forward-looking statements. All
subsequent written and oral forward-looking statements attributable
to us or any person acting on our behalf are expressly qualified in
their entirety by the cautionary statements contained or referred
to in this section. We do not undertake any obligation to release
publicly any revisions to our forward-looking statements after the
date hereof.
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version on businesswire.com: https://www.businesswire.com/news/home/20230504005358/en/
Media Bud Perrone Rubenstein Managing Director (212) 843-8068
bperrone@rubenstein.com
Samantha Schmieder JBG SMITH Corporate Communications Manager
(240) 333-7706 sschmieder@jbgsmith.com
Investor Relations Barbat Rodgers JBG SMITH Senior Vice
President, Investor Relations (240) 333-3805
brodgers@jbgsmith.com
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