WASHINGTON, DC-CoStar Group is among the firms interested in rehabilitating one of the city's most historic buildings—the Franklin School.
The commercial real estate data firm is looking at the school as a possible site for additional space. The company is close to capacity at its 168,000-square-foot L Street headquarters, according to CoStar CEO Andrew Florence.
CoStar is among the companies and organizations that have expressed interest in the city's plan to redevelop the building. Responses to the search by the city were due Friday. A total of 139 developers, architects and other real estate professionals toured the building with D.C. officials as part of the search process.
CoStar is proposing to rehabilitate the school for open offices for its technology training and operations. “I could see that some of that highly creative space could turn off a lot of tenants. It's something that would be far more attractive to a company like us. All of CoStar's offices globally have an open floor plan,” Florence says. See story in the Washington Post.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
