BALTIMORE—The General Services Administration has decided it will no longer pursue a real estate swap plan that would have seen the agency unload its Metro West facility on North Green Street here.
The change in policy was revealed in a General Accounting Office report released on Monday that stated, “GSA officials told us that there was little or no market interest in potential swap-construct exchanges in Baltimore."
The GSA's stance raises new questions about the future of the 1.1 million-square foot facility, which became vacant when the Social Security Administration moved its 1,600 employees to its new building on Wabash Avenue, according to the Baltimore Business Journal.
The GSA in July 2013 reported that it was seeking proposals to have the government turn over the Metro West building to an interested developer in exchange for that firm providing construction services on other federal buildings. See story in the Baltimore Business Journal.
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