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About ICG

ICG Properties is a real estate development firm specializing in transforming projects into extraordinary properties that provide lasting value for partners, tenants and communities.

Founded in Washington, DC in 1995, we bring deep equity participation and a commitment to delivering high-quality projects, from value-added repositioning to ground-up development.

ICG Properties works closely with community and preservation groups, review boards, and government agencies to secure optimum public approval and consensus for its developments.

As a Washington, DC-based firm, we are committed to enhancing our metropolitan community through the creation of distinctive properties that complement and enliven urban neighborhoods—whether bringing new life to historic properties or constructing new buildings.
ICG Fast Facts

Headquarters 1600 K Street, Suite 850,
Washington, DC 20006
202.783.4700, 202.783.4701 fax
History Established in 1995
Executive Management Darik I. Elwan, Managing Member
David C. Stern, Principal
Services Property acquisition, development, project management, leasing, asset management, financing
Offices Washington, DC

International affiliate:
Elwan Group, Limited, Dubai
Current Real Estate Assets Over 500K SF of stabilized commercial assets plus over 500K SF of developable commercial and residential density
Major Assets/Projects 901 F Street, NW (The Gallup Building)
1600 K Street, NW (World Center Building)
2115 Wisconsin Avenue, NW
2121 Wisconsin Avenue, NW
Penn Branch Center
Bancroft Place Townhomes