Bureau Of Economic Analysis Moving To Prince George’s County

The Department of Commerce is relocating its Bureau of Economic Analysis out of the District to Prince George’s County this summer.

The agency and its nearly 600 employees will move into the Suitland Federal Center in June, the Washington Post reports. The center is just off Suitland Parkway and is home to several federal agencies, including the Naval Maritime Intelligence Center, the US Census Bureau and NOAA’s satellite operations.

The BEA currently leases space in the 1400 block of L Street NW. Over the next 10 years, the move is expected to save $66M. Plans call for the BEA to work with the NOAA and Census to create a “commerce data campus,” according to a statement from US Secretary of Commerce Penny Pritzker.

With Metro access and an already large federal government presence, Suitland has been viewed as an area with some untapped potential, but that may be changing with the area’s re-envisioning as a mixed-use downtown and the luring of a federal agency from the District. [WaPo]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Salesforce Plans Innovation Hub Downtown: The D.C. Deal Sheet

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Master Plan Is Underway For Southwest D.C., Chief Federal Planner Says

BXP Execs See Better Returns In Building Offices Than Buying Them

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

The Las Vegas-Style Sphere Just Outside D.C. Is A Go

The 'Zombie' Building Mirage: How Owners Who Can't Transact Are Stirring The Market

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Coffee Shop Signs Lease At Downtown Trophy: The D.C. Deal Sheet

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC