Corus Bank, the banking arm of Chicago's Corus Bankshares Inc., facilitated the loan for the construction of the building, which will cost a rumored amount in the neighborhood of $50 million to complete. The borrower is Monument Three LLC, an affiliate of Washington, DC-based Monument Realty LLC.

Carrying the address of 12930 Worldgate Dr., Monument Three occupies a three-acre parcel in the mixed-use business park, which sits off the Dulles Access Road. The class A building will also feature a six-level, 204,300-sf parking facility, as well as conference and administrative facilities within the office portion of the property.

Hickok Warner Cole is the architectural firm behind the design of the seven-story brick, glass and precast structure, while James G. Davis Construction Corp. is in charge of the construction. Monument's Doug Olson, who is charged with handling leasing for Monument Three, tells GlobeSt.com that there are no preleasing agreements in place, explaining that it is a bit early for such activity since the company just broke ground on the building in June. However space will be marketed for about $35 per sf, he says.