GSA Seeks to Exchange State Street Buildings for Renovation Work
July 7, 2015
Request for Proposal posted July 8; proposals due by October 15.
For Immediate Release – July 9, 2015
CHICAGO -- Today, the U.S. General Services Administration (GSA) announced that it has issued a Request for Proposal (RFP) for four properties located at 202, 212, 214 and 220 S. State Street in Chicago in exchange for services at two other federally-owned facilities in Chicago. The RFP is posted on FedBizOpps.gov.
About the RFP
GSA is seeking proposals from qualified development teams to provide construction services as consideration for the exchange. Through this RFP, GSA seeks to enter into an exchange agreement for the four properties to fund elevator improvements at the Ralph H. Metcalfe Federal Building and tuckpointing and masonry repairs at the Federal Archives and Records Center in Chicago.
This is the latest in GSA’s ongoing efforts to make more efficient use of the government's real estate assets. The RFP, viewable on FedBizOpps.gov, opened on July 8, and stakeholders will have through October 15 to provide input.
About the State Street Properties
The four properties at 202, 212, 214 and 220 S. State Street are located in the central business district of Chicago. The buildings were constructed between 1886 and 1920 and sit on a .5-acre site.
GSA Regional Administrator Ann P. Kalayil comments:
“We’ve issued this RFP to leverage the expertise of the real estate development community and find the most optimal use for these historic buildings. This is a unique opportunity for developers to contribute to the economic development and further revitalization of the State Street commercial corridor, and we look forward to receiving their proposals.”
The mission of GSA is to deliver best value in real estate, acquisition and technology services to government and the American people. The agency delivers this commitment through six priority areas that include: delivering better value and savings; serving our partners; expanding opportunities for small businesses; creating a more sustainable government; leading with innovation; and building a stronger GSA.