Metropolitan Partnership, Ltd. is a company engaged in
real estate development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. R ...
in the
Washington metropolitan area
The Washington metropolitan area, also commonly referred to as the National Capital Region, is the metropolitan area centered on Washington, D.C. The metropolitan area includes all of Washington, D.C. and parts of the states of Maryland, Virg ...
. It is notable for its unsuccessful bid to redevelop the
Old Post Office Pavilion
The Old Post Office, listed on the National Register of Historic Places as the Old Post Office and Clock Tower, is located at 1100 Pennsylvania Avenue, N.W. in Washington, D.C. It is a contributing property to the Pennsylvania Avenue National H ...
into a 245-room
Waldorf Astoria
The Waldorf Astoria New York is a luxury hotel and condominium residence in Midtown Manhattan in New York City. The structure, at 301 Park Avenue between 49th and 50th Streets, is a 47-story Art Deco landmark designed by architects Schu ...
hotel in partnership with
Hilton Worldwide
Hilton Worldwide (legally Hilton Worldwide Holdings Inc.) is an American multinational hospitality company that manages and franchises a broad portfolio of hotels and resorts. Founded by Conrad Hilton in May 1919, the corporation is now led b ...
. Among its completed projects are the redevelopment of the former headquarters of
The Washington Star
''The Washington Star'', previously known as the ''Washington Star-News'' and the Washington ''Evening Star'', was a daily afternoon newspaper published in Washington, D.C., between 1852 and 1981. The Sunday edition was known as the ''Sunday Sta ...
at 1101
Pennsylvania Avenue
Pennsylvania Avenue is a diagonal street in Washington, D.C., and Prince George's County, Maryland, that connects the White House and the United States Capitol and then crosses the city to Maryland. In Maryland it is also Maryland Route 4 (MD ...
, Tysons International Plaza, and
Fairfax Square
Fairfax Square is an upscale mixed-use development located directly south of Tysons Corner Center across Leesburg Pike in Tysons Corner, Virginia. It includes of Class A office space, primarily occupied by financial tenants such as American Ex ...
, all designed by architect
David Childs
David Magie Childs (born April 1, 1941) is an American architect and chairman emeritus of the architectural firm Skidmore, Owings & Merrill. He is the architect of the new One World Trade Center in New York City.
Early life and education
Chil ...
, of
Skidmore, Owings and Merrill
Skidmore, Owings & Merrill (SOM) is an American architectural, urban planning and engineering firm. It was founded in 1936 by Louis Skidmore and Nathaniel Owings in Chicago, Illinois. In 1939, they were joined by engineer John Merrill. The firm ...
.
History
In 1979, after completing graduate studies at
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...
, Cary Euwer joined
Cabot, Cabot & Forbes
Cabot, Cabot & Forbes (CC&F) is a real estate development firm in Alewife, Massachusetts. It was founded by Francis Murray Forbes of the Boston Brahmin Forbes family in 1897 as a real estate management firm. Jay Doherty purchased the company in 2 ...
in Boston, Massachusetts, where he first worked on 60 State Street. He then set up the firm's Washington, D.C. office and developed
1201 Pennsylvania Avenue
1201 Pennsylvania Avenue is a highrise skyscraper office building in Washington, D.C., on Pennsylvania Avenue
Pennsylvania Avenue is a diagonal street in Washington, D.C., and Prince George's County, Maryland, that connects the White House a ...
.
In 1983, he developed
250 West Pratt Street
250 West Pratt Street is a highrise building located in Baltimore, Maryland. The building stands at , containing 24 floors. The building was constructed and completed in 1986, designed by Skidmore, Owings and Merrill LLP., and originally develope ...
in Baltimore, Maryland with Skidmore, Owings and Merrill.
In 1984, Euwer founded Metropolitan.
By 1991, the firm had redeveloped the headquarters of The Washington Star at 1101
Pennsylvania Avenue
Pennsylvania Avenue is a diagonal street in Washington, D.C., and Prince George's County, Maryland, that connects the White House and the United States Capitol and then crosses the city to Maryland. In Maryland it is also Maryland Route 4 (MD ...
, Tysons International Plaza, and Fairfax Square.
With the development of Fairfax Square, the firm forged relationships with several luxury retailers, including
Tiffany & Co.,
Hermès
Hermès International S.A., or simply Hermès ( , ), is a French luxury design house established in 1837. It specializes in leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches and ready-to-wear. Its logo, since ...
,
Louis Vuitton
Louis Vuitton Malletier, commonly known as Louis Vuitton (, ), is a French high-end luxury fashion house and company founded in 1854 by Louis Vuitton. The label's LV monogram appears on most of its products, ranging from luxury bags and lea ...
,
Gucci
Gucci (, ; ) is an Italian high-end Luxury goods, luxury fashion house based in Florence, Italy. Its product lines include handbags, ready-to-wear, footwear, accessories, and home decoration; and it licenses its name and branding to Coty Inc., ...
and
Fendi
Fendi () is an Italian high-end luxury fashion house producing fur, ready-to-wear, leather goods, shoes, fragrances, eyewear, timepieces and accessories. Founded in Rome in 1925, Fendi is known for its fur, fur accessories, and leather goods ...
.
In 1998, the firm managed the retail re-positioning and construction of the ABC and Disney Studios at
1500 Broadway
1500 Broadway is a skyscraper located in Times Square, Midtown Manhattan, New York City. The skyscraper was completed in 1972 by Arlen Realty & Development Corporation, with a height of , and has 34 floors. 1500 Broadway is famous for the seven ...
in Times Square, also with David Childs.
In 1999, the company partnered with Koll Development Company to develop office buildings for communications and technology firms in
Northern Virginia
Northern Virginia, locally referred to as NOVA or NoVA, comprises several counties and independent cities in the Commonwealth of Virginia in the United States. It is a widespread region radiating westward and southward from Washington, D.C. Wit ...
.
In 2007, in partnership with Zaremba Group, the company developed Westchester Commons, a 900,000 square foot shopping mall in
Richmond, Virginia
(Thus do we reach the stars)
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, map_caption = Location within Virginia
, pushpin_map = Virginia#USA
, pushpin_label = Richmond
, pushpin_m ...
.
In 2007, Metropolitan acquired from Birchwood Development Corporation, The Jericho Atrium, as well as two other Birchwood holdings in
Jericho, New York
Jericho is a hamlet and census-designated place (CDP) in Nassau County, New York, United States, on the North Shore of Long Island, approximately 29 miles (47 km) east of Midtown Manhattan. Its population was 13,567 as of the U.S. 2010 Cen ...
, including a 6,800-square-foot office building that had been Birchwood's headquarters, prior to the sale of the retail portion of their portfolio to
Kimco
Kimco Realty® (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers, including mixed-use assets. The ...
.
Failed bid to redevelop the Old Post Office Pavilion
In 2012, the company bid on a request for proposal from the
General Services Administration
The General Services Administration (GSA) is an independent agency of the United States government established in 1949 to help manage and support the basic functioning of federal agencies. GSA supplies products and communications for U.S. gove ...
to redevelop the Old Post Office Pavilion. The proposal submitted by the company included converting the building into a 245-room
Waldorf Astoria
The Waldorf Astoria New York is a luxury hotel and condominium residence in Midtown Manhattan in New York City. The structure, at 301 Park Avenue between 49th and 50th Streets, is a 47-story Art Deco landmark designed by architects Schu ...
hotel. After losing the bid to an affiliate of
Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021.
Trump graduated from the Wharton School of the University of ...
, the company appealed, but was rejected by the General Services Administration.
10 Light Street
In 2012, the company acquired and began the redevelopment of 10 Light Street in Baltimore, Maryland into 455 apartments. In 2015, the company secured a lease with
Under Armour
Under Armour, Inc. is an American sports equipment company that manufactures footwear, sports and casual apparel. Under Armour's global headquarters are located in Baltimore, Maryland, with additional offices located in Amsterdam (European head ...
for one of the floors. The property was financed in part by $28 million in revenue bonds. A penthouse unit at the property was listed for rent for $12,000 per month, the highest rents in Baltimore.
1 Light Street
The company also redeveloped 1 Light Street, adjacent to its development at 10 Light Street, into office space.
Former Alex Brown Building
In 2017, the company began redevelopment of the former Alex Brown building in Baltimore, Maryland into a 170-seat restaurant called the Alexander Brown Restaurant.
References
{{Reflist, 1
1984 establishments in Maryland
Real estate companies of the United States