Douglas Development Acquires BET's Former D.C. Headquarters
The 7.8-acre former BET campus near Brentwood Road NE features the office tower, two low-rise studio buildings and a parking lot.
The 7.8-acre former BET campus near Brentwood Road NE features the office tower, two low-rise studio buildings and a parking lot.
The hotel will be an infill property on the site of the Union Square office development near Union Station.
The growing social media company signed the first office lease at the new Signal House building that delivered this year near Union Market.
Douglas Development landed the SEC headquarters at 60 New York Ave. NW, one of the largest federal agency relocations in years.
The project, now named Banner Lane, is scheduled to deliver its two-building first phase next year, consisting of 561 units and 25K SF of amenities.
Data shows office buildings in walkable urban districts have lower vacancy rates and command higher rents than those in suburban driveable areas.
The lawsuit over rain damage at the hotel's construction site is the latest in a long-running dispute over payment for repairs.
The largest employer in Washington, D.C., has been taking a case-by-case approach to return-to-office plans, despite pledges to bring workers back.
The U.K. has its own Amazon HQ2 requirement
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