A rendering of Kinsale’s future headquarters. (Courtesy Marchetti Development)
Only a few years after cutting the ribbon on a brand new, 150,000-square-foot headquarters in the West End, Kinsale Capital Group is already running out of space.
The local specialty insurance company is planning to relocate its home base to 2015 Staples Mill Road. Kinsale’s current headquarters, which was built in 2020, is just a few hundred feet away at 2035 Maywill St.
The company is heading to a mostly vacant, 254,000-square-foot office building that it bought late last year as part of a $76 million deal for the entire 29-acre Elevance Health (formerly Anthem Inc.) campus at the corner of Staples Mill Road and West Broad Street.
Kinsale is planning an extensive renovation of the Staples Mill Road building, one that’ll cost around $50 million. Marchetti Development is taking on the project with Kinsale.
Mike Kehoe
Kinsale CEO Michael Kehoe said his company is simply running out of space in its current headquarters: he said it closed out 2021 with 367 employees, and now has 545.
“Our business has been growing at a fairly rapid clip over the years and we’re filling this (2035 Maywill St.) building up,” Kehoe said. “That was really the catalyst for us to purchase that property back in December of 2022.”
Once completed in 2025, Kehoe said Kinsale’s headquarters will have room for more than 900 employees.
Kehoe said Kinsale may keep a small presence at its current office on Maywill Street, and that it may look to lease it out. It currently shares space in the building with engineering firm Kimley-Horn.
A sale of the Maywill building also isn’t out of the question, Kehoe said.
“We expect to hold on to it,” he said. “But we’re always prepared to make a commercial decision if the right suitor came along that wanted to purchase it.”
Earlier this year, Kinsale sold the Anthem building (right) but held onto all the surrounding real estate. (BizSense file)
The move continues Kinsale’s relationship with Marchetti Development.
Led by father-son duo Joe Marchetti II and Joe Marchetti III, the firm also assisted with the development of Kinsale’s current headquarters and the adjacent, 262-unit Tapestry West apartments.
Marchetti III said the renovation of the Staples Mill building will include pulling the concrete panels off the exterior of the 1960s-era building and replacing them with a modern, glass façade.
“It’s not something that’s been done around here very often, but in D.C. it’s pretty common to modernize the exterior skin system while you’re renovating the interior building,” Marchetti III said.
Added Marchetti II: “We’re leaving the concrete structure in place and modernizing the exterior, and then upgrading the infrastructure that serves the building like the HVAC system and things like that. It’ll be a Class-A building when we’re finished.”
Joe Marchetti III and Joe Marchetti II
Baskervill is the project designer, Hourigan Construction is the general contractor, and Introba and Timmons Group are the engineers.
A few months ago Kinsale recouped much of the money it spent on the Anthem campus when it sold a 309,000-square-foot, Elevance-anchored office building at 2103 Staples Mill Road for $66 million. Kinsale still owns about 21 acres on the site, much of which is parking lots. The Marchettis and Kehoe said they’re still weighing their options for the remaining acreage.
Nearly 400 new residences are also inbound just a mile north at Libbie Mill-Midtown.
Libbie Mill’s developer Gumenick Properties recently filed plans for a 336-unit apartment complex at 5009 Bethlehem Road and 5506 Indigo Road.
Dubbed Wrighthaven Square, the new apartments are planned for a 9-acre plot where, until about a year ago, stood 30 1950s-era homes that Gumenick gradually bought and razed.
Wrighthaven Square will span 15 three- and four-story buildings along Libbie Avenue on the western end of the 90-acre, mixed-use development. Construction is scheduled to begin next year, and included in plans are 475 surface parking spaces.
Hickok Cole is the project architect and E.D. Lewis & Associates is the engineer, according to county documents.
Gumenick is also cooking up more for-sale units, as it recently filed plans for dozens more condos within Libbie Mill.
Gumenick’s now planning to build a trio of four-story condo buildings totaling 44 units on an unaddressed, 2-acre parcel adjacent to the Libbie Mill public library. Back in 2018 Gumenick was looking to build a six-story office building on the site, but those plans never materialized.
A rendering of Kinsale’s future headquarters. (Courtesy Marchetti Development)
Only a few years after cutting the ribbon on a brand new, 150,000-square-foot headquarters in the West End, Kinsale Capital Group is already running out of space.
The local specialty insurance company is planning to relocate its home base to 2015 Staples Mill Road. Kinsale’s current headquarters, which was built in 2020, is just a few hundred feet away at 2035 Maywill St.
The company is heading to a mostly vacant, 254,000-square-foot office building that it bought late last year as part of a $76 million deal for the entire 29-acre Elevance Health (formerly Anthem Inc.) campus at the corner of Staples Mill Road and West Broad Street.
Kinsale is planning an extensive renovation of the Staples Mill Road building, one that’ll cost around $50 million. Marchetti Development is taking on the project with Kinsale.
Mike Kehoe
Kinsale CEO Michael Kehoe said his company is simply running out of space in its current headquarters: he said it closed out 2021 with 367 employees, and now has 545.
“Our business has been growing at a fairly rapid clip over the years and we’re filling this (2035 Maywill St.) building up,” Kehoe said. “That was really the catalyst for us to purchase that property back in December of 2022.”
Once completed in 2025, Kehoe said Kinsale’s headquarters will have room for more than 900 employees.
Kehoe said Kinsale may keep a small presence at its current office on Maywill Street, and that it may look to lease it out. It currently shares space in the building with engineering firm Kimley-Horn.
A sale of the Maywill building also isn’t out of the question, Kehoe said.
“We expect to hold on to it,” he said. “But we’re always prepared to make a commercial decision if the right suitor came along that wanted to purchase it.”
Earlier this year, Kinsale sold the Anthem building (right) but held onto all the surrounding real estate. (BizSense file)
The move continues Kinsale’s relationship with Marchetti Development.
Led by father-son duo Joe Marchetti II and Joe Marchetti III, the firm also assisted with the development of Kinsale’s current headquarters and the adjacent, 262-unit Tapestry West apartments.
Marchetti III said the renovation of the Staples Mill building will include pulling the concrete panels off the exterior of the 1960s-era building and replacing them with a modern, glass façade.
“It’s not something that’s been done around here very often, but in D.C. it’s pretty common to modernize the exterior skin system while you’re renovating the interior building,” Marchetti III said.
Added Marchetti II: “We’re leaving the concrete structure in place and modernizing the exterior, and then upgrading the infrastructure that serves the building like the HVAC system and things like that. It’ll be a Class-A building when we’re finished.”
Joe Marchetti III and Joe Marchetti II
Baskervill is the project designer, Hourigan Construction is the general contractor, and Introba and Timmons Group are the engineers.
A few months ago Kinsale recouped much of the money it spent on the Anthem campus when it sold a 309,000-square-foot, Elevance-anchored office building at 2103 Staples Mill Road for $66 million. Kinsale still owns about 21 acres on the site, much of which is parking lots. The Marchettis and Kehoe said they’re still weighing their options for the remaining acreage.
Nearly 400 new residences are also inbound just a mile north at Libbie Mill-Midtown.
Libbie Mill’s developer Gumenick Properties recently filed plans for a 336-unit apartment complex at 5009 Bethlehem Road and 5506 Indigo Road.
Dubbed Wrighthaven Square, the new apartments are planned for a 9-acre plot where, until about a year ago, stood 30 1950s-era homes that Gumenick gradually bought and razed.
Wrighthaven Square will span 15 three- and four-story buildings along Libbie Avenue on the western end of the 90-acre, mixed-use development. Construction is scheduled to begin next year, and included in plans are 475 surface parking spaces.
Hickok Cole is the project architect and E.D. Lewis & Associates is the engineer, according to county documents.
Gumenick is also cooking up more for-sale units, as it recently filed plans for dozens more condos within Libbie Mill.
Gumenick’s now planning to build a trio of four-story condo buildings totaling 44 units on an unaddressed, 2-acre parcel adjacent to the Libbie Mill public library. Back in 2018 Gumenick was looking to build a six-story office building on the site, but those plans never materialized.
I applaud Kinsale’s growth and vision for the Staples Mill property they bought. Their growth doesn’t seem sustainable but I hope I am wrong.
In the current environment it’s unusual for companies to be increasing their office space. Growth appears to be the cure!
Excited to see the rest of the building renovated. It will look more cohesive with the addition they did years ago.
So do they plan on disconnecting/reconfiguring the two office buildings??? The parking garage accesses into the Elevance building (with both being owned now by Salus Fed) and then via corridors into the older building they will be renovating.
Where did Anthum move to?