The aging Hoover Building complex is home to Department of Commerce headquarters, the National Park Service's White House Visitor Center and the National Aquarium. It was built seven decades ago and consists of 1.85 million sf of space, or 37 acres of floor space and eight miles of corridors. According to the GSA's solicitation notice for the project, "the building's imposing size and scale was designed to symbolize both the importance of commerce in the economic development of the US, and the ideals of City Beautiful planning promoted by Federal Triangle planners."

Renovations will take place in six different phases resulting in replacement of the interior, restoration of the corridors, structural upgrades, as wells as modernization of the mechanical and electrical distribution. Approximately 4,000 employees are housed at the complex, but that number will increase, as the project will result in enough added space to allow Commerce to consolidate several leased offices elsewhere. "Upon completion of the proposed modernization," the GSA says, "the building will be a modern office building capable of serving well past another 50 years."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.