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One of these four powerful developers could build a new home for Labor Department
Some of D.C.’s biggest names in commercial real estate are vying to build a new headquarters for the Department of Labor at one of three potential sites in the District — part of the agency’s potential move from its longtime home near the U.S. Capitol.
Affiliates of Douglas Development Corp., Redbrick LMD, the Ruben Cos. and Vornado Realty Trust each submitted properties to be considered for a new Labor Department headquarters of up to 1.4 million square feet, according to sources and land records. The prospect would be a significant economic development win wherever it lands and would also free up prime real estate at 200 Constitution Ave. NW for other uses.
• NoMa: The agency described this option as being at the intersection of North Capitol Street and New York Avenue NE. The only site large enough to meet the agency’s requirements is one owned by an affiliate of Douglas Development Corp. It has assembled several parcels bounded by North Capitol to the west, P Street to the north and New York Avenue to the south. Collectively, the site could support up to 1 million square feet.
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The GSA plans to award a contract to review each of the sites as part of the federal National Environmental Policy Act, then will decide whether to pursue the prospect further. In the past, the agency has scrapped similar plans for Federal Triangle South, which would have exchanged two other properties for design services. In this case, a swap is possible, as are an outright sale, development agreement or nothing at all
Shouldn’t they wait and see if Trump gonna abolish labor department first?