Still No Bidders for Georgetown Heating Plant

WASHINGTON, DC-The West Georgetown Heating Plant. An eight-story art deco building located on more than 90,000 square feet of land in the high-barrier Georgetown submarket. The property, located at 1051 29th Street NW, is potentially the only site left in the neighborhood where a hotel or office with views of the Potomac could be constructed. Not only that but it is adjacent to the Georgetown Four Seasons Hotel with waterways on both sides and a five-minute walk of Georgetown Waterfront Park. So valuable was this property that Congress took the General Services Administration to task for letting it sit empty, off the market, for so long.

Yet no one seems to want it.