metropolitanpartnership

metropolitanpartnership

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Metropolitan Partnership, Ltd.

 703.442.9500.  10740 Parkridge Blvd. Suite 120. Reston, VA 20191.  ceuwer@metropolitanpartnership.com

Metropolitan Partnership, Ltd. is a U.S. development firm with principal operations in the Washington, D.C. metropolitan area and the Eastern U.S. It was formed in 1984. Among its projects are the historic Evening Star Building, Tysons International Plaza and Fairfax Square, all designed by David Childs, FAIA of Skidmore, Owings and Merrill as design principal.

After completing graduate programs at Cornell and Harvard in 1979, Cary Euwer joined the established and well respected development firm of Cabot, Cabot & Forbes in Boston, Massachusetts. With initial training on the completion of 60 State Street, Euwer then set up CC&F’s Washington, D.C. office to develop 1201 Pennsylvania Avenue. With the completion of this 427,000 square foot landmark, Euwer obtained the development rights to a prime block in Baltimore’s Inner Harbor. That development, known as 250 West Pratt Street, commenced construction of its 26 story tower in 1983.

With five years of valuable training and development of nearly a million square feet, Euwer founded Metropolitan Partnership, Ltd. in 1984. The initial projects in planning were 1101 Pennsylvania Avenue, Tyson’s International Plaza and Fairfax Square. Together, these projects totaled over one million square feet and were completed by 1991.

With the development of Fairfax Square which involved 150,000 square feet of high-end retail, Metropolitan forged relationships with a number of luxury retailers. These relationships led to developments from Florida to New York for clients such as Tiffany & Co., Hermes of Paris, Saks Fifth Avenue and Lacoste.

As Metropolitan’s expertise in retail grew, further opportunities followed. In 1998, Metropolitan was contracted to provide the development skill necessary for the retail repositioning of 1500 Broadway located in the heart of Times Square. The three year long project culminated in the five floor construction of the studios for ABC and the Disney Studio.

In 1998, Metropolitan formed a joint venture with Koll Development Company, the nation’s fifth largest office developer, to develop over 400,000 square feet of first class office space in Northern Virginia. As the nation’s strongest office market, these developments quickly pre-leased and became the corporate headquarters of XO Communications and Net2000.

Expanding on it’s retail relationships, Metropolitan developed a 900,000 sf open air center in Richmond, Virginia anchored by Target, Regal Cinemas and Golds Gym.

In 2011, Metropolitan joined with Hilton Worldwide link in response to the General Service Administration’s request for proposals to redevelop the Old Post Office at 1100 Pennsylvania Avenue, Washington D.C.  The Hilton-Metropolitan submission to the GSA includes Hilton’s iconic branding as a flagship Waldorf Astoria hotel joined by many of  Metropolitan’s retail relationships.

DEVELOPMENT SERVICES

In addition to wholly owned and joint venture properties, Metropolitan Partnership has contracted with other owners of real estate to advise and develop properties on a fee basis.

See PROJECTS to browse our portfolio.

RETAIL

See RETAIL to browse our retail projects.

CONSTRUCTION

Metropolitan has managed more than $300 million of new construction since 1984. We have represented the sole interests of the property owner in the construction of large commercial office buildings, office tenants, high end retail stores, even underground tank removal projects.

As the Construction Manager, we have started with a concept, built a team of architects, engineers, consultants, general contractor, testing & inspection companies, and managed large and small scale construction projects from beginning to end.

Consulting Services:

Development of Overall Construction Program and Budget, Development of Master Schedules, Tenant’s Construction Representative, Administer Lease Requirements, Cost Estimation, Value Engineering, Selection of Project Consultants, Engineers and Specialists, Review of Design, Professional Agreements, Coordination of Architect, Engineers and Other Design Professionals, Construction Contract Document Reviews, Review and Analyze Construction Plans for Accuracy, Obtain Building Permits, Bid Packaging and Organization, Coordinate Inspections By Architect and Engineer, Quality Control Inspection, On Site Monitoring and Observation, Coordination of Utility and Service Requirements, Project Accounting, Pre-Qualification and Selection of Contractors, Coordination of Owner’s Vendors, Suppliers and Subcontractors.

FAIRFAX CONTRACTORS

Some of the finest retailers in the world have selected The Fairfax Company, a wholly owned affiliate of Metropolitan, as their General Contractor. Clients such as Tiffany & Co., Louis Vuitton, Saks Fifth Avenue and Mark Cross demand the same level of service from a General Contractor that they are accustomed to providing to their own customers.

See FAIRFAX CONTRACTORS for more information.

ASSET MANAGEMENT

Having provided asset management for over 1.8 million square feet of commercial property, Metropolitan Partnership, Ltd. is keenly aware of the crucial importance of putting the goals and objectives of the Owner into reality. Because of this, Metropolitan is committed to conscientious planning and to optimizing the returns a property is capable of generating. While the chief focus of asset management is financial return of the property (both short and long term), asset management is also responsible for the integration of all leasing and marketing efforts toward achieving the return goals desired by the Owner.

Metropolitan’s asset management team is involved in all aspects of the performance of the on-site management and leasing team. Since the financial return of the property is directly related to the efforts of this team, Metropolitan periodically reviews and, if necessary, adjusts the efforts of the on-site team to assure optimum performance.. In addition, asset management is also concerned with legal and environmental concerns of owning real property. Whether the issue is Americans with Disabilities Act or CFC’s, Metropolitan will apprise the Owner of its responsibilities and ensure compliance in a cost effective manner.

With careful management and effective implementation, Metropolitan’s asset management service is able to not only preserve an Owner’s physical asset but also maximize the yield and enhance its value.

PROPERTY MANAGEMENT

Metropolitan Management, Inc. is a full service property management firm dedicated to providing both tenants and owners with comprehensive, professional services in financial and operational management. Formed in 1987, Metropolitan
Management has managed a portfolio of over 1.8 million square feet of office, retail and industrial properties. The company has successfully served the needs of such nationally known office and retail tenants as AT&T, Merrill Lynch, Ernst & Young, and Tiffany & Co.

Our reputation for successful tenant relations is based on anticipating, understanding and responding quickly to tenant requests. The beneficial result of Metropolitan Management’s comprehensive management services is not only tenant satisfaction and retention but also steady asset appreciation.

Services Provided: Metropolitan Management provides a full scope of property management services to fit its clients’ objectives. We can customize your needs to include Asset Management, Financial Management, Tenant Construction and Capital Improvement, Supervision, Mechanical Equipment Maintenance Administration, Security, and Facilities Management.

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