FiscalNote plans new DC headquarters, tech training - Technical.ly DC

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Jun. 23, 2017 10:19 am

FiscalNote plans new DC headquarters, tech training

The company is getting a $750,000 incentive package from the city, and will provide tech training for D.C. residents.

The FiscalNote team at work during President Obama's final SOTU.

(photo via Twitter)

FiscalNote plans to move into a new office on Pennsylvania Ave. next year.

The new 38,000 sq. ft. office will occupy an entire floor of 1201 Pennsylvania Ave., according to spokeswoman Michele Clarke. The company, which makes a platform that helps organizations engage government,

The move came about as the company doubled in size since moving into its current space at One Thomas Circle last year.

“With success in recent rounds of funding and client building, we decided it was time to find a more permanent home in the D.C. area and create a space that reflects our unique mission,” FiscalNote CEO Tim Hwang said in a statement.

The company began looking for new space in the summer of 2016, and considered moving to Northern Virginia or expanding its office in New York, according to a release. The space at 1201 Pennsylvania ultimately provided flexibility, and the potential for more room to grow.

The D.C. mayor’s office also helped, providing a $750,000 incentive. As part of the package, FiscalNote will create internships and apprenticeships for D.C. residents to learn tech skills over the 10 years of the lease.

The company has a combined 130 employees between offices in D.C., New York and Seoul, South Korea. Fifty three of the company’s employees currently live in D.C.

FiscalNote was represented by Bobby Blair and Andy O’Brien of real estate and professional services firm JLL.

Organizations: FiscalNote
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