Virginia ‘Ready To Play Ball’ In Competition For FBI HQ

Virginia officials are confident they’ve surmounted costly obstacles to develop a Springfield site to be the new home for the FBI, The Washington Post reports.

A spring Capitol Hill meeting with real estate executives and the General Services Administration over the difficulty in relocating a secure CIA facility from the site has led to ongoing negotiations over the CIA costs and a feeling from state officials that developers will at least bid to build on the Springfield location.

Virginia is vying with two sites in Maryland (in Greenbelt and Landover) to be the new home for the FBI. The hotly contested project has a little bit of everything to intrigue economic development watchers — regional competition, complex negotiations, costly transportation upgrades and speculation over what will happen to the FBI’s Brutalist building at 935 Pennsylvania Ave. NW.

Boston Properties, which owns several properties by or near the Springfield site, has decided not to submit a bid, The Post wrote based on two unidentified sources. The JBG Cos. and Vornado Realty Trust are among the firms considering bidding.

Click here to read the rest of the article written by Robert J. Terry over at Washington Business Journal

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