Federal Reserve Building Renovations
Sector: Commercial • Location: Washington, District of Columbia, United States
Source: WTTV CBS4Indy
The Federal Reserve has been renovating two of its office buildings in Washington, D.C. The project was first approved in 2017 and has a current cost estimate of about $2.5 billion, which is $700 million more than originally expected. The renovations have faced criticism over costs and alleged amenities, and the Fed Chair has requested an inspector general to review the costs.
- Status
- Under Construction
- Sector
- Commercial, Residential, Government
- Location
- Washington, District of Columbia, United States of America
- Updated
- 22 Jul 2026
- Source
- WTTV CBS4Indy
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Project Information
Participants
Sponsoring Agency |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Federal Reserve has been renovating two of its office buildings in Washington, D.C. The project was first approved in 2017 and has a current cost estimate of about $2.5 billion, which is $700 million more than originally expected. The renovations have faced criticism over costs and alleged amenities, and the Fed Chair has requested an inspector general to review the costs. |
Original sector | Government |
Budget |
Location
Country | United States of America (USA) |
State | District of Columbia |
City | Washington |
Source
Source | WTTV CBS4Indy |
URL |
More Details
Record type | Project |
Sector | Commercial, Residential, Government |
Article published date | 2025-09-15 |
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