Rendering of proposed new FBI headquarters
There’s a bidding war between Virginia and Maryland to snag a planned, 2.1 million-square-foot Federal Bureau of Investigation headquarters campus. Maryland Governor Larry Hogan is in for $317 million in state and local funds, according to the Washington Business Journal. Governor Terry McAuliffe is in for $120 million. In both cases most of the money would be applied to make transportation improvements near the proposed sites.
The Virginia location would be in the Springfield area, and the funds would be used to mitigate the transportation impact of relocating thousands of employees from Washington, D.C., to Northern Virginia. There are many interesting angles to this story:
- Would the $120 million McAuliffe proposes spending benefit mainly the FBI and its employees, or would the contemplated improvements benefit others in the Springfield area as well?
- Where would the money come from, and what alternate uses are there for that money? What other projects would be deferred?
- How would the move alter commuting patterns? Would a significant number of employees be “reverse commuting” from Washington, D.C., to Virginia? Will the relocation ease or stress Northern Virginia’s transportation problems?
- What would be the economic benefits of bringing the FBI to Virginia? Presumably, as a federal facility, the headquarters would generate no real estate tax revenues. Would a Virginia location inspire many FBI employees to move to Virginia — and, given the lack of property tax revenue, would they represent a net gain to the state and local governments and their taxpayers?
- Who owns the Springfield site for the new headquarters? How much would the property owner stand to benefit from this deal and resulting investment in transportation improvements?
— JAB
