Vice President, Development

David Toney, Vice President of Development for Akridge, is responsible for coordinating all aspects of development activities from acquisition to completion. His responsibilities include acquisition, financing, entitlements, design, construction, marketing, and leasing.

In addition to other development pursuits, David currently oversees One Reston Town Center, a planned $250 million, 23-story office tower located in Reston, VA, 555 Mangum Street, an $85 million, 240,000-square-foot office project in Durham, NC, and 2100 L Street, a $170 million office project that includes the renovation of an adjacent historic school building.

Since joining Akridge in 2005, David has completed or assisted in over $1.2 billion in acquisitions and development, including the Half Street mixed use development in the Capitol Riverfront neighborhood, 700 Sixth Street office development, 1016 Sixteenth Street, a renovation and conversion of an historic building to office condominiums, and
Gallery Place, a 1 million-square-foot mixed-use project in Chinatown.

Previously, David worked for a national general contractor where he oversaw the construction of over 3 million square feet of large-scale projects in the Washington, DC area. He began his career with an architectural design firm based in San Francisco, CA.

He is an active member of the District of Columbia Building Industry Association, the Urban Land Institute, and is a former Vice President of the African American Real Estate Professionals. He serves on the Board of Directors of the Golden Triangle Business Improvement District and the Capitol Hill Little League Association.

David has a Master of Science Degree in Civil Engineering from the Massachusetts Institute of Technology and a Master of Science Degree in Real Estate from Georgetown University. He received a Bachelor of Arts Degree in Architecture with Honors from the University of California at Berkeley.