FD Stonewater is representing ownership for the redevelopment of the U.S. Drug Enforcement Administration (DEA) Headquarters complex at Lincoln Place. FD Stonewater also represented ownership on the 15-year lease renewal for Lincoln Place in what was the largest lease transaction in Northern Virginia in 2018. The redevelopment of Lincoln Place will be comprehensive and is expected to be valued at approximately $100 million. The work will enable the agency to modernize their law enforcement mission and to implement efficiencies that will allow an additional 400 staff to work at the headquarters complex. Ownership has committed to concurrent capital upgrades, with the project goal of maintaining Lincoln Place as a best-in-class federally-leased facility. The DEA redevelopment assignment also marks the continued expansion of FD Stonewater’s federal construction management platform.

Photo credit: Judy Davis, Studio HDP

Category: Development/Construction Management, Brokerage