2 Bethesda Metro Center celebrates completion of major updates, repositioning of property

Robert Dyer @ Bethesda Row May 6, 2024

A major, $25 million update to the iconic 2 Bethesda Metro Center office tower in downtown Bethesda is complete, and owner Chevy Chase Land Co. will be celebrating the repositioning of the property in a challenging office market this week. Major changes and improvements included the relocation of the main entrance, a new building facade, a new amenity pavilion behind the building that can be reached via an all-weather covered walkway, a state-of-the-art fitness center, a yoga studio, locker rooms, and a 20-person-capacity conference center with a tenant lounge, kitchen and pool table.

2 Bethesda Metro Center now also provides tenants with access to Chevy Chase Land Co.’s branded shared-amenity program, Ascend. The program gives tenants access to a wide range of services, events, and networking opportunities across multiple properties across the Washington, D.C. metro area. Ascend offers physical and social amenities that used to be offsite-only, or that required advance planning.

“As our team has been committed to providing a customized worklife experience for our tenants, we are now launching The Chevy Chase Land Company’s exclusive shared amenity program, Ascend, across our office portfolio,” Chevy Chase Land Co. CEO John Ziegenhein said in a statement. “Plugging this into the day-to-day work rhythm empowers employees because it promotes creativity, wellness, and collaboration. Every aspect of Ascend spaces are crafted to elevate performance and satisfaction. With our hospitality-driven concierge staff, much of this is managed for our tenants – a win-win for everyone.”

“It’s a new day at 2 Bethesda Metro,” said Jason Winans, Executive Vice-President of Asset Management, The Chevy Chase Land Company. “We have significantly reimagined this property from the relocated entrance to the state-of-the-art amenity pavilion, inclusive of an expansive rooftop deck, 20-person conference room, tenant lounge with pool table, and fitness center. Not to mention our outdoor tiered plaza that is perfect for morning coffee meetings, noon lunches, and evening gatherings.”

Peter Rosan, a broker with Cushman & Wakefield, said the property upgrades and amenities have positioned 2 Bethesda Metro Center to appeal to potential tenants needing large or small office spaces.  “This location, just steps away from Bethesda Row, is unparalleled for both the local employee who wants to walk, bike, or take a short drive to the office, as well as Metro commuters who can enjoy the door-to-door benefit of arriving undercover directly into 2 Bethesda Metro,” Rosan noted.

Chevy Chase Land Co. will officially unveil the property improvements at an event tomorrow, April 24, 2024.

Read the full article here.

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