The soon-to-be headquarters
The soon-to-be headquarters

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After a public and extended search for a new headquarters, the Washington Post is officially moving…three blocks away.

News broke of the Post‘s likely new location on April 1, after the paper signed a letter of intent to move to One Franklin Square, at 1301 K St. NW. Today, the company announced that it had signed a lease for the space, as reported by—-surprise!—-the Washington Post. The move is likely to happen in 2016.

It’s not a splashy move for the paper, which is currently located at 15th and L streets NW. Rumors had circulated of possible moves to up-and-coming D.C. areas, like the Southwest Waterfront, or even a new location outside the District.

But the low-key move does make sense in a few ways. Post publisher Katharine Weymouth said last year that she wanted “a building that’s a little bit lighter, a little more air.” Today, she said in a statement, “After conducting an extensive search led by JM Zell, we found a modern, light-filled building that best meets all of our objectives.” She also wanted a space near the Capitol and the courthouses; One Franklin Square qualifies, at least slightly more than the current headquarters.

And the paper didn’t have a ton of time to orchestrate the move after its current building was sold to Carr Properties. That made new construction unlikely.

I predicted last year that the new Post building probably wouldn’t be the new Post Building—-a property of the paper’s own. That forecast is now coming to pass, although the Post reports that there will be exterior signage for the publication. (I also predicted that new Post owner Jeff Bezos might be attracted to techier spots than staid downtown,” but who’s counting?)

This post has been updated to include additional details from the Post story.

Screenshot via Google Maps