GSA Needs May Exceed D.C. Real Estate Offerings

Stricter security requirements for federal facilities combined with a growing need for office space may trigger a building boom in the Washington, D.C. area, according to a study recently completed by Delta Associates, Alexandria, Va., the research affiliate of real estate firm Transwestern Commercial Services.

04/26/2002


Stricter security requirements for federal facilities, combined with a growing need for office space, may trigger a building boom in the Washington, D.C. area, according to a study recently completed by Delta Associates, Alexandria, Va., the research affiliate of real estate firm Transwestern Commercial Services.

After analyzing data from the General Service Administration—the agency that administers federal real estate—Delta found that the GSA operated 88 million sq. ft. of office space in the D.C. area in 2001, which is 24% of the total office space in the area. While security at some locations is adequate, other facilities will require upgrades to levels yet to be determined. In addition, GSA office space needs are predicted to grow by 1.3 million sq. ft. per year for the next several years.

According to Delta, only 5 million of the available 32 million sq. ft. in the metropolitan area is considered secure enough. Consequently, either more office space will have to be developed, or the government will have to settle for less-secure spaces, particularly in the interim.

For more information from Delta Associates on GSA real estate needs, visit www.deltaassociates.com .





Product of the Year
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
40 Under Forty: Get Recognized
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
MEP Giants Program
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
May 2018
40 Under 40 winners, fire and life safety, performance-based designs, and more
April 2018
VRFs, lighting controls, BIM coordination, and more
March 2018
Sizing water pipes, ASHRAE 90.1, recovering waste heat, and more
Data Centers: Impacts of Climate and Cooling Technology
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
Safety First: Arc Flash 101
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
Critical Power: Hospital Electrical Systems
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me