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WASHINGTON, DC-One of the federal government’s surplus properties in the DC area is getting ready to go to auction: the Georgetown Heating Plant. Jones Lang LaSalle has been retained to assist in its marketing. The GSA plans to put it out to bid via online auction after it finalizes the paperwork for the process. Located at 1051 29th St., NW, the empty plant sits on 2.08 acres.

It could be redeveloped into many different uses, especially considering its Georgetown location, including residential, commercial and hospitality. “There’s nothing comparable to this in the Georgetown market,” Marc Waddill, SVP with JLL, tells GlobeSt.com. “It’s in its own class as far as development opportunities go.”

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