Northrop Grumman Actually Considering D.C.

Posted by Tom in DC Life on 02 2nd, 2010 | no responses

When news first broke a month ago that defense contracting giant Northrop Grumman Corp. was relocating its corporate headquarters to the Washington area, we were skeptical that they’d even consider coming to the District. Surely they’d want some sprawling property out in Fairfax County, or maybe Montgomery County. But lo, apparently they are actually giving a good hard look at two options inside the city , according to the Washington Business Journal’s Jonathan O’Connell. “One is 1801 K St. NW, one of the largest private office buildings in D.C., a 560,00-square-foot building

constructed in 1971 just renovated by Somerset Partners LLC. The other is 901 K St. NW, a newly renovated trophy property near Mount Vernon Triangle owned by Carr Properties. Both are being marketed by Jones Lang LaSalle.” Naturally, members of the D.C. Council have proposed a package to entice the enormous corporation to pick one of the District locations, which includes $25 million worth of incentives. Word has it, however, that Crystal City has also become a leading contender.