JBG Smith Acquires Old Americana Hotel Site With Eye To Redevelop

ARLINGTON, VA — Developer JBG Smith has acquired the former Americana Hotel property, which is located across the street from the future headquarters of Amazon in National Landing, according to a company news release.

JBG Smith purchased the recently decommissioned 102-key hotel and its parking lot, with an eye on redeveloping the 1.4-acre site into a new multifamily development with a footprint of more than 500,000 square feet.

“As the largest property owner and most active developer in National Landing, we have long viewed the Americana site as one of the best opportunities for development in the Capital region,” said Ed Chaglassian, executive vice president, head of acquisitions, in the release. “This location possesses all of the major ingredients for a successful project, including access to excellent public schools and close proximity to major transportation, retail, and employment opportunities. The potential for this development has only grown with the arrival of Amazon’s headquarters and the Virginia Tech Innovation Campus.”