EagleBank has provided funding to BG Loudoun Station LLC for moving forward on the planned Gramercy District smart city development. Gramercy District is a premiere mixed-use development located at the Ashburn Metro station just two and a half miles from Dulles Airport. It is scheduled to open the ConceptFoundry innovation lab in 2019 and NeonLofts in 2020, two of the ten planned buildings. The mixed-use, transit-oriented project totals 2.5M SF that delivers urban-suburban experiences. The development encompasses offices, retail space, luxury residential condos and rentals and a hotel with conference facilities. Gramercy District has been described as an innovation hub integrating live, work, learn, play, and operate into one campus.