Douglas Development Snapshot
Douglas Development invests in, develops, renovates, and manages commercial and residential real estate in Washington, DC, Maryland, and Virginia. Its portfolio includes more than 180 properties totaling 8 million sq. ft. of retail, office, industrial, and mixed-use space. The firm purchases undervalued properties in emerging areas and refurbishes them before re-letting. Douglas Development also manages the restoration and redevelopment of historic properties. Douglas is best known for redevelopment projects in the East End of Washington DC. Signature projects include the Avalon Theater, Atlantic Building, and the Woodies Building. The company was founded in 1985 and is controlled by president Douglas Jemal.