Quadrangle Development Corporation is a privately held, vertically integratedreal estate development company based in Washington, D.C., in the United States. By 2002, it was one of the largest real estate developers in the Washington, D.C., metropolitan area.[2] As of April 2011, the company owned 83 properties (consisting of apartment buildings, condominiums, hotels, and office buildings) totaling 22,000,000 square feet (2,000,000 m2) and worth $8.4 billion.[3]
Quadrangle Development Corporation was founded in 1971 by Robert Gladstone and James R. Crozier. The company originally focused on constructing apartment complexes, but after a few years began erecting office buildings and hotels.[2]
Among the many projects which Quadrangle Development Corporation has been involved in are:
^ ab"Washington Real Estate Developer James Crozier." Washington Post. July 20, 2002.
^"Quadrangle's National Place Office Building Achieves USGBC's LEED Gold Certification for Existing Buildings." Press release. U.S. Green Building Council. April 25, 2011.
^Brown, Merrill. "Marriott Celebrates Hotel Expansion." Washington Post. September 29, 1979.
^Knight, Jerry. "2 Firms Win Project on the Avenue." Washington Post. October 26, 1978; Lardner, James. "The National Theatre's New Horizons." Washington Post. September 23, 1979; "PADC's Biggest Project Starts at 14th and Pa." Washington Post. May 22, 1981; Swallow, Wendy. "Major Share Of National Place Sold." Washington Post. September 1, 1984.
^Walsh, Sharon Warren. "The Hyatt Gets Ready." Washington Post. June 8, 1987.
^Craig, Tim. "Plan Limits Public Funding Of Convention Center Hotel." Washington Post. June 19, 2009; Rein, Lisa. "D.C. Council's OK May Finally Launch Long-Delayed Convention Center Hotel." Washington Post. August 2, 2009; Rein, Lisa. "Convention Center Still Waits for Hotel." Washington Post. January 18, 2010; O'Connell, Jonathan. "Deal Reached on Convention Center Hotel." Washington Post. July 7, 2010; Kravitz, Derek. "Convention Center Hotel Begins to See Light of Day." Washington Post. November 11, 2010; O'Connell, Jonathan. "D.C. Is Asked to Help Finance Two Hotels." Washington Post. September 19, 2011.