AT&T and JBG SMITH Unveil Plans to Make National Landing the First 5G Smart City at Scale in the United States

AT&T* and JBG SMITH, have entered into a letter of intent to deliver the first 5G Smart City at scale in National Landing1. The first network infrastructure deployments are planned for the first half of 2022 and will expand with development of the community.

AT&T and JBG SMITH, a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, plan to work together to deliver one of the most robust network infrastructure deployments in any urban environment.

5G, with local area compute edges, could make National Landing a prototype for smart cities of the future and create a unified consumer experience across asset types. The area could also enhance offerings in mobility and self-driving vehicles, immersive retail and entertainment, and building automation and environmental sustainability.

JBG SMITH's National Landing portfolio spans 6.8 million square feet of existing office space and 2,856 residential units, 808 units currently under construction plus 7.2 million square feet of additional commercial, multi-family and retail development opportunities in the district. In addition, JBG SMITH is serving as development partner for Amazon's 4.8 million square foot second headquarters and master developer for Virginia Tech's forthcoming $1 billion Innovation Campus.

With such a large and growing portfolio of diverse assets and open spaces in National Landing, JBG SMITH is uniquely positioned to support the continuing roll-out of AT&T's fast, reliable, and secure 5G network. A combination of mmWave and sub6 5G spectrum will be enabled by an interconnected series of building side-mounts, street furniture, and underground network infrastructure. It will blanket this submarket spanning across Arlington and Alexandria, Virginia.

AT&T and JBG SMITH envision National Landing as a canvas for smart city innovation in industry clusters such as defense, cybersecurity, cloud/edge computing, internet of things (IoT), and artificial intelligence (AI). The robust technology infrastructure that is expected, could give businesses, residents, and visitors the opportunity to connect everything and everyone in near real time. These improvements could transform engagement and experiences in National Landing for business and residents.

The collaboration should further enhance the environment for innovators that are drawn to the neighborhood's walkable proximity to Amazon, Virginia Tech, the Pentagon, Boeing's East Coast headquarters, and Reagan National Airport. Proximity to Capitol Hill, the White House, and regulators also may give companies an opportunity to showcase how a 5G network and an open, interoperable technology ecosystem can unlock innovation for industry and government alike.

AT&T and JBG SMITH have signed a Letter of Intent and expect to sign a definitive agreement in the coming weeks.

About AT&T Communications
We help family, friends and neighbors connect in meaningful ways every day. From the first phone call 140+ years ago to mobile video streaming, we @ATT innovate to improve lives. AT&T Communications is part of AT&T Inc. For more information, please visit us at att.com.

About JBG SMITH
JBG SMITH owns, operates, invests in and develops a dynamic portfolio of mixed-use properties in the high growth and high barrier-to-entry submarkets in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area. Over half of JBG SMITH's holdings are in the National Landing submarket in Northern Virginia, where it serves as the exclusive developer for Amazon's new headquarters, and where Virginia Tech's planned new $1 billion Innovation Campus is located. JBG SMITH's portfolio currently comprises 17.3 million square feet of high-growth office, multifamily and retail assets at share, 98% of which are Metro-served. It also maintains a development pipeline encompassing 16.8 million square feet of mixed-use development opportunities.