Arlington, Va.
The Federal Deposit Insurance Corp. (FDIC) plans to select a development manager in May for its planned $111-million Virginia Square expansion. More than 1,000 employees will be relocated from leased space in the District of Columbia to the 370,000-sf campus at Virginia Square, which will be expanded to 422,000 sf to accommodate them. It is anticipated that RFPs for the design of the facility and its interior will be released soon. FDIC expects construction to be completed in 2006.
