Quadrangle Development Corporation

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Quadrangle Development Corporation
Private
Industry Real estate development
Founded Washington, D.C., U.S.
(1971)
Headquarters Washington, D.C., U.S.
Area served
Mid-Atlantic U.S.
Key people
Robert Gladstone, chairman
Christopher Gladstone, President
Products Hotels, resorts, residences
Revenue $81 million (2011 est.)[1]
Number of employees
180[1]
Website quadrangledevcorp.com

Quadrangle Development Corporation is a privately held, vertically integrated real 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]

Corporate history and projects[edit]

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:

Key executives[edit]

Key executives of Quadrangle Development Corporation as of 2011 were:

  • Robert Gladstone, Chairman of the Board of Directors and Chief Executive Officer
  • Christopher Gladstone, President

Robert Gladstone died at his home in Washington, D.C., on December 24, 2014.[12]

References[edit]

  1. ^ a b "Quadrangle Development Corporation." InsideView.com. 2013. Accessed 2013-01-07.
  2. ^ a b "Washington Real Estate Developer James Crozier." Washington Post. July 20, 2002.
  3. ^ "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.
  4. ^ Brown, Merrill. "Marriott Celebrates Hotel Expansion." Washington Post. September 29, 1979.
  5. ^ 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.
  6. ^ Walsh, Sharon Warren. "The Hyatt Gets Ready." Washington Post. June 8, 1987.
  7. ^ a b c Hedgpeth, Dana. "Bob Gladstone Weighs In on Baseball, Redevelopment." Washington Post. November 29, 2004. Accessed 2013-01-07.
  8. ^ Reed, Keith T. "Developers Preview Baltimore Convention HQ Hotel." Washington Business Journal. November 13, 2002. Accessed 2013-01-07.
  9. ^ Coombs, Joe. "Towers Crescent Starts to Grow." Washington Business Journal. November 29, 2007. Accessed 2013-01-07.
  10. ^ Wilgoren, Debbi. "Barren Tract in District Set for Redevelopment." Washington Post. March 28, 2004; Hedgpeth, Dana. "Mt. Vernon Triangle Edges Upward." Washington Post. April 3, 2006; "Quadrangle's Mount Vernon Place Gets Permit for Mixed-Use." Washington Business Journal. October 29, 2012, accessed 2013-01-07.
  11. ^ 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.
  12. ^ Nycz-Conner, Jennifer (January 5, 2015). "Quadrangle Development Corp. founder Robert Gladstone dies". Washington Business Journal. Retrieved January 5, 2015 ; "Robert Gladstone". The Washington Post. January 1, 2015. 

External links[edit]