The professionals that makeup FLGA have developed and/or participated in the development of approximately 5 million square feet of mixed-use residential, retail, office and entertainment space.
Fred Greene is Founder and President/CEO of FLGA, LLC. As a former Planning Director and Cabinet member of the Marion Barry Administration for Washington DC from 1982-1992, Mr. Greene managed growth and development for the City, and was responsible for many of the initiatives in place today designed to facilitate mixed-use urban environments in downtown and throughout the City, including the 14th/U Street Corridor, NOMA(North of Massachusetts Avenue), and the Capitol Riverfront District, home of the new Nationals Ballpark.
He was responsible for the change to the zoning regulations to allow housing as a public benefit in Planned Unit Developments (PUD). Additionally, he instituted the SHOP District, a zoning initiative that forced more retail, housing and art space in new downtown developments. Mr. Greene stressed balanced growth within the city and accomplished it through innovative planning and development by a pro-active inclusionary policy.
Mr. Greene co-chaired the Mayor’s Interactive Downtown Task Force with Herbert Miller of the Western Development Corporation. Their involvement with the Task Force led to the collective development of Gallery Place, a destination center cited as a major catalyst for East End Washington DC economic development in the 2000s.
Mr. Greene has served on such boards and commissions as the Pennsylvania Avenue Development Corporation, the National Capital Planning Commission, the Fine Arts Commission, and the Federal City Council. He is also formerly the Director of Planning and Development for the City of Annapolis and Director of Development for Montgomery County Maryland. His private sector experience includes Vice President of First American Title Insurance Company, one of America's largest real estate title and insurance companies, and an economic development consultant with Morton Hoffman Company, a Baltimore-based urban and economic consulting firm.
Mr. Greene holds his BS in Political Science from Tuskegee Institute(University), and a MCP in Urban and Community Planning from the University of Maryland-Baltimore City Professional Campus.
FRED L. GREENE, III
Fred Greene III is a native Washingtonian with over 14 years of diversified real estate development, investment and economic development experience and has been involved in over 3 Million square feet of commercial development.
As Executive Vice President of FLGA, since 2014, Fred Greene III oversees all day-to-day activities of the firm with oversight of all acquisition and development management strategy.
Fred is also Co-Founder of Project Destined (www.projectdestined.com), a 501c3 non-profit that trains urban youth how to be stakeholders of change, as opposed to bystanders of change, in the communities in which they operate. Launched in the Fall of 2016, Project Destined takes cohorts of scholars from various cities across the nation through a multi day training program where they gain exposure to all aspects of real estate development and investment, thus transforming its scholars into real estate analysts. Project Destined then partners with proven institutional operators to invest in qualified multifamily projects and grants 20% of its real estate profits to the students for scholarship capital. To date, Project Destined has successfully administered programming in 7 major cities (Detroit, Memphis, Miami, NYC, Oakland, Chicago and Atlanta), has trained over 300 students, has invested in over 1500 units of housing and has deployed over 100k in scholarship capital to its students.
Prior to FLGA, Mr. Greene served as an Investments Associate for Capri Capital Partners, a large real estate investment management firm based out of Chicago IL. Prior to Capri, Mr. Greene served as a development management professional with the JBG Companies, a large diversified real estate development and investment firm, and was involved in the development of over 2.5 million square feet of development in the Washington, DC area. Prior to JBG, Mr. Greene was a development manager for the National Capital Revitalization Corporation, formerly the quasi-public development arm of the District of Columbia.
Fred holds his B.S. in Business Administration from Georgetown University and his MBA from the University of Chicago.