The vision to see what the asset, the neighborhood, and indeed the entire city could be and would be with the right leadership to get it there.
For three decades, Douglas Development Corporation has garnered redevelopment successes in the District of Columbia, as well as in suburban Virginia and Maryland. Douglas Development has earned a reputation for revitalizing underdeveloped, emerging areas and continues to win praise from local government authorities, community members, neighbors, and the real estate community at large.
Founder and President Douglas Jemal established Douglas Development in 1985. While the company remains a privately operated and family-owned and controlled company, it has since grown into a fully integrated real estate company with 100 employees. Douglas Development’s top executives have more than 50 years of combined tenure with the rm and are skilled in various disciplines of the real estate development industry. Such disciplines include acquisition selection, finance, entitlement, development, leasing and management. Each member of the rm’s design and construction teams are hand-picked to ensure the highest caliber of work goes into each redevelopment project. Development project teams include nationally recognized architects, historical consultants, brokers, and construction managers.
Between 1990 and 2007, Douglas Development expanded its commercial portfolio from less than 250,000 square feet to more than 10 million square feet, and expanded its tenant portfolio from 15 properties to more than 250. Douglas Development’s speciality is restoring and preserving mixed-use and retail buildings. Its most visible and well-known projects are located in the East End of Washington, DC and have served as catalysts for the redevelopment and renaissance of the entire area. Notable projects include the historic 7th Row of Chinatown, The Woodies Building, The Atlantic Building at 950 F Street, Historic Row at 800 F Street featuring the International Spy Museum, 1155 F Street, 509 7th Street, The Ventana at 912 F Street and 901 7th Street.
With current portfolio of more than 10 million leasable square feet and more than 3 million square feet of developable real estate in the pipeline, Douglas Development is well-established as one of the most dominant and successful real estate developers in the Washington Metropolitan area. As a result, Douglas Development has received multiple awards and accolades, including the Mayor’s Award for Excellence in Historic Preservation, the Downtown BID Citizen of the Year Award (Douglas Jemal), and the Community Service Award for The Atlantic Building.