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Developers Aim To Secure $700 Million To Finance SEC’s New Headquarters

Douglas Development Pushes Forward on Project With Largest Federal Lease in DC
A rendering depicts the two-building complex known as Financial Plaza that’s intended to become the Securities and Exchange Commission’s new headquarters. (Douglas Development)
A rendering depicts the two-building complex known as Financial Plaza that’s intended to become the Securities and Exchange Commission’s new headquarters. (Douglas Development)

To fund an expansive new headquarters for the Securities and Exchange Commission, joint venture partners Douglas Development and Midtown Equities are working to secure $700 million in debt, a Douglas spokesperson confirmed Friday.

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