The Washington herald., 1911-01-29
new OFFICE BBUILDING.
Attractive Addition to Wall
Street Section.
SIGNS OF HEALTHY GROWTH
Over 1,1OO New Offices in Two
Buildings-An Indication OF Faith
Building to Cost over $1,OOO, 900.
A Well-planned Structure.

Rumor has persisted for a long time
that the site Of the administrative build
ings of the George Washington Cniver'
sity, at the southeast corner Of Fifteenth
and H streets, was to be occupied by 6
new hotel. But it has now been def
nitely stated by S. w. Woodward. the
owner Of the land, that the construc'
ton Of a new eleven-story office building
will be commenced within a month. ant
that the architects. Harding & Upman
are busy completing the plans for sucf
building.
This lot contains about 20.OoO square
feet. and was bought not long ago by
Mr. Woodward for a price said to have
been between $4,000 and 100000. This
figure Of from $50 to SIS a square foot
for the land serves to measure the value
Of land in the Wall street section OF the
city Its location on the corner, OF
course makes it exceptionally valuable
Facing, as the new building will. the
Southern Building. now rapidly approach.
ing completion: the Union Trust Build
ing. and the Shoreham Hotel. makes Its
location an ideal one. especially wher
the ADDED value Of nearness to the banks
and other business institutions is con-
Sidered.
Many New Offices.
The erection on opposite corners of tive
buildings that will afford a combined in
crease Of something like 1100 new office
rooms. as will this new building and the
Southern Building. serves to give some
thing like an idea Of the faith that the
men who are doing this have in the fu-
ture OF Washingtons commercial h1e
~ ar in
of the inferior accommodations in parts
Of the city. especially in the older build
ings will take advantage of these bet
ter and more commodious new rooms,
but it is equally true that these will be
the means Of attracting new business
firms and corporations to Washington
when better facilities for doing business
are accorded.
When local men lead the way in large
building enterprises such as these and
many others that are to be seen all over
the city, the statements that are made
regarding the stability and increase of
value in Washington real estate receive
convincing proof.
A well-planned Building.
Mr. Woodward's plans will call for an
eleven-story Office building. estimated TO
cost about 81 100000. which. with the es-
tfmated value OF the land. VIII put tne
entire cost at nearly s1.7c.ooo. The de-
sign by Harding & Upman shows a
structure with white marble facing in
the lower two floors, white brick con-
struction in the next seven floors. sur
mounted by a finish Of the upper part
In terra Gotta.
1t Is intended to devote the whole lower
floor to business uses. while the floors
above will provide about 40 offices. ar
ranged in suites and sinsly. Ample ac-
commodation for moving the occupants
and clients will be afforded by five eIe-
vators of the highest efficiency Of serv-
ice. Every detail Of comfort in heating,
ventilation. and sanitary precautions are
being well provided for in the plans.
Convenience of entrance is supplied by
two means one on each street. The main
entrance. adorned by six corinthian col
umns. will be on H street, opposite to
the Southern Building.
Work will be commenced by raZing the
old building, not later than February J..
and the work will be pushed with all
speed. as it is hoped to have the build
ing ready for occupancy by the first Of
November