The U.S. House of Representatives has approved $15 million in escalation fees for the $132 million project, and the GSA is now seeking a general contractor to manage construction of the 12-level building.
"We now have a green light," Michael Roper, GSA project executive, tells GlobeSt.com. "We fully expect funding to be available by this October."
Total construction is estimated to cost about $264 per sf on the two city blocks that the GSA acquired for about $65 per sf from the owners of WTVJ (Channel 6), an NBC affiliate.
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