- The Washington Times - Wednesday, August 16, 2006

The U.S. Department of Justice is taking over about 460,000 square feet of office space in downtown Washington as part of its effort to consolidate its offices in the metropolitan area.

Justice Department officials said the move would save money and provide administrative and management efficiencies.

The space, secured through a $300 million, 15-year lease negotiated by the General Services Administration, is in the Liberty Square building at 450 Fifth St. NW that once housed the headquarters of the Securities and Exchange Commission.

The Department of Justice operates with about 10,000 employees in 30 buildings in the Washington area. The move into the Liberty Square building will allow the agency to release space in five of those locations.

Many of the employees work in buildings within walking distance of the Robert F. Kennedy Main Justice building at 950 Pennsylvania Ave. NW.

With the Liberty Square lease, the Justice Department would have 1.3 million square feet of office space used by about 4,000 employees within blocks of its headquarters.

“This consolidation will save taxpayers more than $37 million over 15 years,” said Lee J. Lofthus, the Justice Department’s acting assistant attorney general for administration. “This project continues our efforts to reduce the number of Department of Justice components housed in multiple locations.”

The Justice Department plans to begin moving employees into the Liberty Square building this fall. About 1,500 employees will work in the new building when the move is completed.

The relocation would consolidate the Justice Department’s antitrust and civil divisions. It also is intended to help the agency implement its planned national security division.

In other news …

• The competition for exclusive rights to a 47-acre redevelopment of the Anacostia Waterfront has come down to a runoff between two teams.

The Anacostia Waterfront Corp. announced this week that it has narrowed the list of applicants to development groups Madison/KSI Waterfront Partners and PN Hoffman/Struever Brothers Eccles & Rouse.

The winner is scheduled to be chosen this fall, subject to D.C. Council approval.

Anacostia Waterfront Corp. officials started with 17 applicants in March and winnowed them to five in June.

The two finalists “demonstrated most clearly how their experience, vision and approach would combine with the strengths of [Anacostia Waterfront Corp.] to produce a public-private partnership” to develop the Waterfront, said Adrian Washington, the corporation’s president.

The project is being designed as a maritime-themed mixed use development of residential, restaurants, retail and other commercial space.

• ProLogis, a distribution facilities provider, has completed the acquisition of a 109,000 square-foot industrial building at Park 100 in Glen Burnie, about five miles east of Baltimore-Washington International Thurgood Marshall Airport.

ProLogis purchased the vacant building, which sits on 9 acres of land, for $9.5 million from Osprey Property Group. The company plans to market the building to retailers, manufacturers, logistics providers and other organizations with large distribution needs.

• Property Lines runs on Thursdays. Call Tom Ramstack at 202/636-3180 or e-mail [email protected]

LOAD COMMENTS ()

 

Click to Read More

Click to Hide