GSA to Shrink Real Estate Footprint and Cut Costs with $70 Million Consolidation Project

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U.S. General Services Administration

Apr 21, 2014, 11:36 ET

WASHINGTON, April 21, 2014 /PRNewswire-USNewswire/ --

How we'll do it
When it comes to government efficiency and sustainability, GSA is leading the way by reducing the federal government's carbon and real estate footprints. In addition to its innovative Total Workplace program and ongoing property disposal efforts, GSA has identified 19 projects across the country where the agency will work with other federal agencies to consolidate their offices into federally owned space. This consolidation effort will not only reduce costs by eliminating multiple leases, but also scale back the federal government's energy and water consumption. GSA is also revolutionizing workplace efficiency by creating open work spaces which eliminate the traditional four-walled office and provide staff the flexibility to work wherever their team is located. This encourages creative collaboration and increased productivity with less square footage.

Why we do it
GSA is the country's largest landlord, providing workspace for more than a million federal workers who work in both federally-owned and leased space, that makes up more than 9,000 properties or 377.9 million square feet of workspace. As dedicated stewards of the public trust and the environment, GSA is committed to assisting federal agencies in reducing their carbon footprint and employing cost-effective green building strategies.

This investment will save federal agencies $17 million in annual rent payments and reduce the federal footprint by 507,000 rentable square feet, plus reduce the government's leasing costs by more than $38 million.

GSA Administrator Dan Tangherlini said:
"As public servants we have a responsibility to serve the American people as effectively and efficiently as possible. By consolidating these locations we are not just eliminating redundant rents and space, but also encouraging collaboration among government workers by creating open workspace. We're ushering in a new day for office space throughout the federal government."

Consolidation project list

Jacob K. Javits Federal Building & 201 Varick Street – NYC	5,000,000
George H. Fallon Federal Building – Baltimore, MD	621,000
Norfolk Federal Building - Norfolk, VA	1,811,000
Peachtree Summit – Atlanta, GA	509,000
Schiller Park – Vernon Hills, IL	520,000
Austin Federal Courthouse – Austin, TX	14,416,000
Wallace F. Bennett Federal Office Building – Salt Lake City, UT	4,400,000
Evo A. DeConcini Courthouse – Tucson, AZ	3,804,000
300 North Los Angeles - Los Angeles, CA	5,000,000
Guarantee Savings Building – Fresno, CA	155,000
Chet Holifield Federal Building – Laguna Niguel, CA	674,000
Ronald Dellums – Oakland, CA	1,470,000
Edward J. Schwartz FB & CH – San Diego, CA (2 projects)	5,020,000
U.S. Trustees	2,733,000
Federal Protective Service	2,287,000
911 Federal Building – Portland, OR	2,148,000
Bank of America Fifth Ave & Jackson FB – Seattle, WA	1,143,000
Hubert H. Humphrey Building – Washington, DC	6,740,000
Mary E. Switzer Building, 330 C Street SW – Washington, DC	10,384,000
7980 Science Applications Court – Vienna, VA	3,569,000
	Total $67,384,000