J. Edgar Hoover FBI building in D.C. available for trade with GSA

December 11, 2012 |
Drew Ballensky

Developers interested in acquiring and renovating the 2.4 million sf J. Edgar Hoover FBI building in Washington, D.C., can propose a property trade with the General Services Administration. The GSA put out RFIs for ideas on how to get a new FBI headquarters and how to redevelop a large swath of federal office space in southwest Washington — all without spending any money.

A retrofit of the Hoover building for the FBI would cost between $850 million and $1.1 billion, but would still not meet security needs, the GSA says. Instead, the GSA would like to exchange the Hoover building for property in the D.C. area that could serve as the FBI’s new headquarters. It also wants to redevelop the Federal Triangle area in southwest Washington that includes the Energy Department headquarters and its annex, the Federal Aviation Administration buildings and GSA’s regional office building. The agency is asking developers for ideas on how to finance the redevelopment of these buildings.

(http://www.federaltimes.com/article/20121203/FACILITIES02/312030004/GSA-seeks-ideas-new-FBI-HQ-Federal-Triangle-redevelopment?odyssey=nav|head)

Drew Ballensky | Reconstruction Blog

Drew Ballensky is general manager of Duro-Last Roofing, Inc.’s central U.S. facility in Iowa and company spokesman for Duro-Last’s cool roofing, sustainability and architectural education programs. He is past-president of the Chemical Fabrics and Film Association and chairman of CFFA’s Vinyl Roofing Division. Drew earned his bachelor’s degree in industrial technology from the University of Northern Iowa and master’s degree in business administration from Florida State University.
Drew has over 29 years experience in business and industry in various engineering and managerial capacities. He has worked in the U.S. and Canadian operations for a major international manufacturer of pre-engineered steel buildings, was a financial analyst with a major athletic apparel manufacturer and was an owner of a general contracting company.

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