WASHINGTON, DC—The General ServicesAdministration is seeking a well-heeled developer to builda new 2.1-million-square-foot headquarters for theFBI and take the law enforcement agency's currentHoover headquarters as compensation.

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The GSA is currently considering sites for the new FBIheadquarters at one of three sites, in Greenbelt, Landover orSpringfield. The GSA owns the Springfield property and has signeddeals that would allow it to purchase the Greenbelt or Landoverlocations between now and July 29, 2016.

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“The J. Edgar Hoover building does not meet the FBI's needs inthe 21st century,” states Bill Dowd, projectexecutive for GSA's Public Building Service. “GSA is planning toexchange this building for the construction of a new headquartersthat would give the FBI a facility worthy of its mission; allow forvaluable redevelopment in the Penn Quarter community of downtownWashington; drive cost savings; and deliver on GSA's mission toshrink the federal footprint.”

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Interested developers in the project have until Feb. 10 tosubmit information about their design ideas, project budget,security plans and approach to completing and managing the risks ofthe project, according to the Washington Post.

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Among some of the GSA's requirements include developers havingaccess to at least $1 billion in capital. The GSA notes that thedeveloper “must include an entity or fund with a minimum of $1billion in liquid assets not committed to other projects or have anin-place fund or credit facility with a minimum of $1 billionavailable.” In addition, the developer must have finished at leastthree office projects of at least 500,000 square feet each in thepast five years. Its general contractor partner has the samerequirement, including one project of at least 1 million squarefeet. 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.