EagleBank funding Gramercy District – A Smart City of the Future

By , in PR on .
A smart city at one of the best transit-oriented locations is underway

ASHBURN, VA – 07-09-2018 (Press Release Jet) — EagleBank is providing funding to Gramercy District to move forward with the highly anticipated smart city development.

“We have been working with Minh Le on the Gramercy District project from the beginning and are proud to participate in this pioneering smart city located in Loudoun County, VA.” commented Tony Marquez, Executive Vice President and Chief Lending Officer – Commercial Real Estate, “This modern holistic approach to development where a project of this size is fully entitled is a testament to the quality of the smart initiative’s planning and management.”

Gramercy District is a premiere mixed-use development located at the Ashburn Metro Station just two and a half miles from Dulles Airport and is scheduled to open ConceptFoundry “The Innovation Lab” in 2019 and NeonLofts in 2020, two of the ten planned buildings. The mixed-use transit-oriented project totals 2.5MM square feet that delivers urban-suburban experiences; the development encompasses offices, retail space, luxury residential (condos and rentals), and a hotel with conference facilities. Gramercy District has been described as an innovation hub integrating live, work, learn, play, and operate into one campus.

“EagleBank has worked closely with us to find the right solutions for financing our smart cities since the beginning of Gramercy District’s development,” said Minh Le, Managing Partner of Gramercy District. “Their support and partnership will allow Gramercy District to realize its full potential as a cost-effective, AI-integrated living and working environment that utilizes a ground-breaking citylink.ai real estate AI technology platform.”

EagleBank is a community business bank headquartered in Bethesda, Maryland. Operating through twenty full-service branch offices, located in Suburban Maryland, Northern Virginia, and Washington, D.C., the bank focuses on building relationships with businesses, professionals and individuals in its marketplace. EagleBank also offers a complete line of competitive personal banking products and services.

About Gramercy District

Gramercy District, the international “Innovation Campus,” is a smart city development strategically located in Loudoun County, Va. It is a fully entitled 2.8 million square-foot, $700 million development located at a premier transit-oriented location. The mixed-use development is located within close proximity to Washington Dulles International Airport and is at the future Silver Line Ashburn Metro Station, opening in 2020. This project is the first smart city in the region and one of the first in the country. For more information, visit gramercydistrict.com. Follow Gramercy District on Twitter @gramercy_d.

About Citylink.ai

Citylink.ai is a global leader in citizen-centric smart city development and technology. Through their dedication to providing complete, urban technology and education solutions, citylink.ai is revolutionizing every aspect of the way people live. Whether you are a real estate developer, small business, international company, local government, citizen, software developer or student, citylink.ai’s platform offers a full suite of products and tools that empower you to do more. Welcome to The Future of Living™. For more information, visit citylink.ai. Follow citylink.ai on Twitter @citylinkai.

About Eagle Bancorp, Inc. and EagleBank

Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998. EagleBank is headquartered in Bethesda, Maryland, and conducts full service commercial banking through 20 offices, located in Suburban, Maryland, Washington, D.C. and Northern Virginia. EagleBank focuses on building relationships with businesses, professionals and individuals in its marketplace.

Media Contacts:

Company Name: Citylink.ai
Full Name: Austin Felker
Phone: 833-224-8924
Email Address: Send Email
Website: https://www.citylink.ai/

For the original news story, please visit https://pressreleasejet.com/news/eaglebank-funding-gramercy-district-a-smart-city-of-the-future.html.

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Brad Bennett

Brad Bennett

Brad grew up in a small town in northern Iowa. He studied chemistry in college, graduated, and married his wife one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children.
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