FBI changes course and opts to stay in DC with a new $3.3B HQ

TRD New York /
Feb.February 16, 2018 11:23 AM

The Federal Bureau of Investigation reversed itself on a nearly decade-long demand to move its headquarters out of the J. Edgar Hoover Building in downtown Washington, D.C., for greener pastures in the suburbs. Instead the FBI is now proposing building a new facility on the same plot on Pennsylvania Avenue and shipping some 2,300 employees to other facilities around the country. If Congress approves the Trump administration’s infrastructure plan, the FBI will have a total of $3.3 billion to replace the Hoover Building, which opened in 1974 and no longer meets many security requirements. [Washington Post]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Stockholm, Sweden (Credit: iStock)

Why institutional investors are now in love with Nordic real estate

Akon and a rendering of Akon City in Senegal. (Credit: Getty Images and Hussein Bakri/BAD Consultant/Semer Group)

Inside Akon’s 2,000-acre crypto-city in Senegal

Is January the new April for real estate? (Credit: iStock)

Low mortgage rates could mean another hot winter in the housing market

Cheung Chung Kiu is no stranger to big real estate deals (Credit: Wikipedia)

Mysterious billionaire who bought $262M London mansion is obsessed with blockbuster real estate deals

(Credit: SimsWiki, Unsplash)

Welcome to affordable San Francisco! Here is your $1,000-a-month basement “sleeping pod”

arrow_forward_ios
Loading...